JPMorgan Chase & Co. (NYSE:JPM) Holdings Raised by Northwest & Ethical Investments L.P.

Northwest & Ethical Investments L.P. lifted its holdings in JPMorgan Chase & Co. (NYSE:JPM - Free Report) by 28.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 93,441 shares of the financial services provider's stock after buying an additional 20,862 shares during the period. Northwest & Ethical Investments L.P.'s holdings in JPMorgan Chase & Co. were worth $22,398,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Principal Financial Group Inc. lifted its stake in JPMorgan Chase & Co. by 3.2% during the 3rd quarter. Principal Financial Group Inc. now owns 5,824,289 shares of the financial services provider's stock worth $1,228,110,000 after acquiring an additional 182,648 shares in the last quarter. United Bank boosted its holdings in JPMorgan Chase & Co. by 2.5% in the third quarter. United Bank now owns 25,354 shares of the financial services provider's stock valued at $5,346,000 after purchasing an additional 614 shares during the period. GenTrust LLC grew its stake in JPMorgan Chase & Co. by 75.6% during the 3rd quarter. GenTrust LLC now owns 6,669 shares of the financial services provider's stock worth $1,406,000 after purchasing an additional 2,871 shares in the last quarter. Nicolet Advisory Services LLC increased its holdings in JPMorgan Chase & Co. by 0.7% during the 3rd quarter. Nicolet Advisory Services LLC now owns 65,417 shares of the financial services provider's stock worth $13,426,000 after purchasing an additional 444 shares during the period. Finally, Certified Advisory Corp raised its position in JPMorgan Chase & Co. by 1.0% in the 3rd quarter. Certified Advisory Corp now owns 23,012 shares of the financial services provider's stock valued at $4,852,000 after purchasing an additional 234 shares in the last quarter. 71.55% of the stock is currently owned by hedge funds and other institutional investors.

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Analyst Ratings Changes

Several research analysts have commented on the stock. Baird R W upgraded shares of JPMorgan Chase & Co. from a "strong sell" rating to a "hold" rating in a report on Friday, March 7th. Wolfe Research upgraded shares of JPMorgan Chase & Co. from a "peer perform" rating to an "outperform" rating and set a $269.00 price target on the stock in a research note on Friday, January 3rd. UBS Group upped their target price on shares of JPMorgan Chase & Co. from $276.00 to $287.00 and gave the company a "buy" rating in a report on Thursday, January 16th. Keefe, Bruyette & Woods raised their price objective on JPMorgan Chase & Co. from $257.00 to $264.00 and gave the stock a "market perform" rating in a report on Thursday, January 16th. Finally, Piper Sandler raised their target price on shares of JPMorgan Chase & Co. from $240.00 to $275.00 and gave the stock an "overweight" rating in a research report on Tuesday, December 3rd. Ten analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $252.89.

Insider Activity

In related news, insider Robin Leopold sold 1,250 shares of the firm's stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $270.09, for a total value of $337,612.50. Following the sale, the insider now owns 50,377 shares of the company's stock, valued at approximately $13,606,323.93. This trade represents a 2.42 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, General Counsel Stacey Friedman sold 3,303 shares of the company's stock in a transaction on Thursday, January 16th. The stock was sold at an average price of $253.94, for a total value of $838,763.82. Following the transaction, the general counsel now owns 47,620 shares of the company's stock, valued at approximately $12,092,622.80. The trade was a 6.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 76,848 shares of company stock worth $19,987,908 over the last ninety days. Corporate insiders own 0.79% of the company's stock.

JPMorgan Chase & Co. Price Performance

NYSE JPM traded down $5.16 during mid-day trading on Friday, hitting $242.97. The stock had a trading volume of 11,975,314 shares, compared to its average volume of 9,343,658. The company has a 50 day simple moving average of $257.55 and a 200 day simple moving average of $240.54. The company has a market cap of $679.36 billion, a price-to-earnings ratio of 12.31, a P/E/G ratio of 2.83 and a beta of 1.10. JPMorgan Chase & Co. has a 52-week low of $179.20 and a 52-week high of $280.25. The company has a quick ratio of 0.89, a current ratio of 0.88 and a debt-to-equity ratio of 1.24.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last released its quarterly earnings data on Wednesday, January 15th. The financial services provider reported $4.81 EPS for the quarter, topping analysts' consensus estimates of $4.03 by $0.78. JPMorgan Chase & Co. had a return on equity of 16.99% and a net margin of 20.96%. The business had revenue of $42.77 billion during the quarter, compared to the consensus estimate of $41.90 billion. During the same period in the prior year, the firm posted $3.04 EPS. The business's revenue for the quarter was up 10.9% on a year-over-year basis. Equities analysts forecast that JPMorgan Chase & Co. will post 18.1 EPS for the current fiscal year.

JPMorgan Chase & Co. Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Friday, April 4th will be given a $1.40 dividend. This is a boost from JPMorgan Chase & Co.'s previous quarterly dividend of $1.25. This represents a $5.60 dividend on an annualized basis and a yield of 2.30%. The ex-dividend date is Friday, April 4th. JPMorgan Chase & Co.'s dividend payout ratio is presently 28.37%.

JPMorgan Chase & Co. Profile

JPMorgan Chase & Co is a financial holding company, which engages in the provision of financial and investment banking services. It focuses on investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. It operates through the following segments: Consumer and Community Banking (CCB), Commercial and Investment Bank (CIB), Asset and Wealth Management (AWM), and Corporate.