JPMorgan Chase & Co. (NYSE:JPM) Shares Acquired by Capital Advisors Wealth Management LLC

Capital Advisors Wealth Management LLC lifted its position in shares of JPMorgan Chase & Co. (NYSE:JPM - Free Report) by 20.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,219 shares of the financial services provider's stock after acquiring an additional 1,741 shares during the quarter. Capital Advisors Wealth Management LLC's holdings in JPMorgan Chase & Co. were worth $2,450,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of JPM. Retireful LLC acquired a new position in JPMorgan Chase & Co. during the fourth quarter worth $329,000. JGP Wealth Management LLC increased its stake in shares of JPMorgan Chase & Co. by 0.7% during the fourth quarter. JGP Wealth Management LLC now owns 92,387 shares of the financial services provider's stock worth $22,146,000 after purchasing an additional 631 shares in the last quarter. Ritholtz Wealth Management raised its position in shares of JPMorgan Chase & Co. by 5.5% during the 4th quarter. Ritholtz Wealth Management now owns 77,147 shares of the financial services provider's stock worth $18,493,000 after purchasing an additional 4,000 shares during the last quarter. Towerpoint Wealth LLC lifted its stake in JPMorgan Chase & Co. by 7.4% in the 4th quarter. Towerpoint Wealth LLC now owns 1,481 shares of the financial services provider's stock valued at $355,000 after buying an additional 102 shares in the last quarter. Finally, Mirador Capital Partners LP boosted its holdings in JPMorgan Chase & Co. by 0.5% in the 4th quarter. Mirador Capital Partners LP now owns 54,777 shares of the financial services provider's stock worth $13,131,000 after buying an additional 258 shares during the last quarter. 71.55% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Wolfe Research raised 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. Truist Financial upped their target price on shares of JPMorgan Chase & Co. from $260.00 to $268.00 and gave the stock a "hold" rating in a report on Thursday. UBS Group raised their price target on shares of JPMorgan Chase & Co. from $276.00 to $287.00 and gave the stock a "buy" rating in a research note on Thursday. Piper Sandler upped their price objective on shares of JPMorgan Chase & Co. from $240.00 to $275.00 and gave the company an "overweight" rating in a research note on Tuesday, December 3rd. Finally, Daiwa Capital Markets reduced their price objective on JPMorgan Chase & Co. from $240.00 to $235.00 and set an "overweight" rating on the stock in a research report on Thursday, October 10th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and eleven have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $251.78.

JPMorgan Chase & Co. Stock Up 2.0 %

NYSE JPM traded up $5.19 on Friday, hitting $259.46. 17,629,775 shares of the stock were exchanged, compared to its average volume of 8,107,328. JPMorgan Chase & Co. has a fifty-two week low of $165.24 and a fifty-two week high of $260.62. The company has a 50-day moving average price of $243.50 and a 200-day moving average price of $224.41. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 1.27. The company has a market cap of $730.47 billion, a PE ratio of 14.44, a PEG ratio of 3.16 and a beta of 1.11.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last issued its earnings results 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. The firm had revenue of $42.77 billion during the quarter, compared to the consensus estimate of $41.90 billion. JPMorgan Chase & Co. had a net margin of 19.64% and a return on equity of 16.71%. The company's revenue was up 10.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.04 earnings per share. Sell-side analysts anticipate that JPMorgan Chase & Co. will post 17.46 EPS for the current fiscal year.

JPMorgan Chase & Co. Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Monday, January 6th will be given a dividend of $1.25 per share. The ex-dividend date is Monday, January 6th. This represents a $5.00 annualized dividend and a dividend yield of 1.93%. JPMorgan Chase & Co.'s dividend payout ratio is currently 27.82%.

Insider Activity

In other JPMorgan Chase & Co. news, General Counsel Stacey Friedman sold 3,303 shares of the company's stock in a transaction on Thursday, January 16th. The shares were 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 owns 47,620 shares in the company, valued at $12,092,622.80. This represents a 6.49 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Company insiders own 0.79% of the company's stock.

JPMorgan Chase & Co. Profile

JPMorgan Chase & Co operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers deposit, investment and lending products, cash management, and payments and services; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, auto loans, leases, and travel services to consumers and small businesses through bank branches, ATMs, and digital and telephone banking.