DHK Financial Advisors Inc. Boosts Stake in JPMorgan Chase & Co. (NYSE:JPM)

DHK Financial Advisors Inc. increased its position in shares of JPMorgan Chase & Co. (NYSE:JPM - Free Report) by 80.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,227 shares of the financial services provider's stock after buying an additional 2,325 shares during the quarter. DHK Financial Advisors Inc.'s holdings in JPMorgan Chase & Co. were worth $1,253,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in JPM. International Assets Investment Management LLC bought a new position in shares of JPMorgan Chase & Co. during the third quarter valued at about $1,888,088,000. Fisher Asset Management LLC increased its stake in JPMorgan Chase & Co. by 31.7% in the 3rd quarter. Fisher Asset Management LLC now owns 16,784,272 shares of the financial services provider's stock valued at $3,539,132,000 after buying an additional 4,043,841 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund lifted its position in shares of 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 buying an additional 2,535,590 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec boosted its stake in shares of JPMorgan Chase & Co. by 93.6% in 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 buying an additional 1,301,764 shares during the last quarter. Finally, Franklin Resources Inc. grew its holdings in shares of JPMorgan Chase & Co. by 7.2% in the third quarter. Franklin Resources Inc. now owns 15,073,193 shares of the financial services provider's stock valued at $3,338,955,000 after acquiring an additional 1,016,289 shares in the last quarter. Institutional investors own 71.55% of the company's stock.

JPMorgan Chase & Co. Price Performance

Shares of JPM traded up $1.34 during mid-day trading on Tuesday, reaching $268.15. 5,619,778 shares of the stock traded hands, compared to its average volume of 10,176,410. The company has a market cap of $754.93 billion, a price-to-earnings ratio of 13.58, a price-to-earnings-growth ratio of 2.87 and a beta of 1.12. JPMorgan Chase & Co. has a 1 year low of $172.62 and a 1 year high of $270.82. The firm has a fifty day moving average price of $248.25 and a 200 day moving average price of $228.90. The company has a current ratio of 0.88, a quick ratio of 0.89 and a debt-to-equity ratio of 1.24.

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

JPMorgan Chase & Co. Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Monday, January 6th were given a $1.25 dividend. 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 (DPR) is 25.33%.

Insider Activity at JPMorgan Chase & Co.

In other news, General Counsel Stacey Friedman sold 3,303 shares of the company's stock in a transaction dated Thursday, January 16th. The stock was sold at an average price of $253.94, for a total value of $838,763.82. Following the completion of the transaction, the general counsel now directly owns 47,620 shares in the company, valued at approximately $12,092,622.80. This represents a 6.49 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.79% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research firms have weighed in on JPM. Robert W. Baird cut JPMorgan Chase & Co. from a "neutral" rating to an "underperform" rating and set a $200.00 price objective on the stock. in a research report on Thursday, November 7th. Oppenheimer lowered shares of JPMorgan Chase & Co. from an "outperform" rating to a "market perform" rating in a research report on Wednesday, November 20th. Piper Sandler lifted their price objective 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. Bank of America increased their target price on shares of JPMorgan Chase & Co. from $260.00 to $280.00 and gave the company a "buy" rating in a research report on Tuesday, January 7th. Finally, Wells Fargo & Company lifted their price target on shares of JPMorgan Chase & Co. from $240.00 to $270.00 and gave the stock an "overweight" rating in a report on Friday, November 15th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $251.78.

JPMorgan Chase & Co. 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.