YHB Investment Advisors Inc. Raises Stake in JPMorgan Chase & Co. (NYSE:JPM)

YHB Investment Advisors Inc. boosted its holdings in JPMorgan Chase & Co. (NYSE:JPM - Free Report) by 10.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 47,855 shares of the financial services provider's stock after purchasing an additional 4,679 shares during the quarter. JPMorgan Chase & Co. comprises approximately 0.9% of YHB Investment Advisors Inc.'s investment portfolio, making the stock its 26th largest holding. YHB Investment Advisors Inc.'s holdings in JPMorgan Chase & Co. were worth $11,471,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of JPM. International Assets Investment Management LLC purchased a new position in JPMorgan Chase & Co. during the 3rd quarter worth $1,888,088,000. Fisher Asset Management LLC boosted its holdings in JPMorgan Chase & Co. by 31.7% during the 3rd quarter. Fisher Asset Management LLC now owns 16,784,272 shares of the financial services provider's stock worth $3,539,132,000 after acquiring an additional 4,043,841 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in JPMorgan Chase & Co. by 137.8% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 4,376,176 shares of the financial services provider's stock worth $922,760,000 after acquiring an additional 2,535,590 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec boosted its holdings in JPMorgan Chase & Co. by 93.6% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 2,692,159 shares of the financial services provider's stock worth $567,669,000 after acquiring an additional 1,301,764 shares during the last quarter. Finally, Franklin Resources Inc. boosted its holdings in shares of JPMorgan Chase & Co. by 7.2% in the 3rd quarter. Franklin Resources Inc. now owns 15,073,193 shares of the financial services provider's stock worth $3,338,955,000 after buying an additional 1,016,289 shares during the last quarter. Institutional investors and hedge funds own 71.55% of the company's stock.

Insider Transactions at JPMorgan Chase & Co.

In other news, General Counsel Stacey Friedman sold 3,303 shares of the business's stock in a transaction dated Thursday, January 16th. The stock was sold at an average price of $253.94, for a total transaction of $838,763.82. Following the completion of 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.79% of the stock is owned by insiders.

JPMorgan Chase & Co. Price Performance

Shares of JPM traded up $1.34 during midday trading on Tuesday, hitting $268.15. 5,619,778 shares of the company traded hands, compared to its average volume of 10,176,410. The stock has a 50-day moving average of $248.25 and a 200-day moving average of $228.90. JPMorgan Chase & Co. has a one year low of $172.62 and a one year high of $270.82. The firm has a market cap of $754.93 billion, a P/E ratio of 13.58, a PEG ratio of 2.87 and a beta of 1.12. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.88 and a quick ratio of 0.89.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last announced its quarterly earnings results on Wednesday, January 15th. The financial services provider reported $4.81 earnings per share for the quarter, beating the consensus estimate 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 firm had revenue of $42.77 billion for the quarter, compared to analysts' expectations of $41.90 billion. During the same period in the prior year, the business posted $3.04 earnings per share. The company's revenue was up 10.9% on a year-over-year basis. As a group, sell-side analysts predict that JPMorgan Chase & Co. will post 17.82 EPS for the current fiscal year.

JPMorgan Chase & Co. Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Monday, January 6th were given a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a dividend yield of 1.86%. The ex-dividend date of this dividend was Monday, January 6th. JPMorgan Chase & Co.'s dividend payout ratio is presently 25.33%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. Barclays boosted their price target on shares of JPMorgan Chase & Co. from $304.00 to $330.00 and gave the stock an "overweight" rating in a report on Thursday, January 16th. Evercore ISI boosted their price target on shares of JPMorgan Chase & Co. from $217.00 to $230.00 and gave the stock an "outperform" rating in a report on Monday, October 14th. Daiwa Capital Markets cut their price target on shares of JPMorgan Chase & Co. from $240.00 to $235.00 and set an "overweight" rating on the stock in a report on Thursday, October 10th. Wolfe Research raised 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 report on Friday, January 3rd. Finally, UBS Group boosted their price target on shares of JPMorgan Chase & Co. from $276.00 to $287.00 and gave the stock a "buy" rating in a report on Thursday, January 16th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and ten have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $251.78.

JPMorgan Chase & Co. Company Profile

JPMorgan Chase & Co is a financial holding company, which engages in the provision of financial and investment banking services. The firm offers a range of investment banking products and services in all capital markets, including advising on corporate strategy and structure, capital raising in equity and debt markets, risk management, market making in cash securities and derivative instruments, and brokerage and research.