Householder Group Estate & Retirement Specialist LLC Lowers Holdings in JPMorgan Chase & Co. (NYSE:JPM)

Householder Group Estate & Retirement Specialist LLC trimmed its holdings in shares of JPMorgan Chase & Co. (NYSE:JPM - Free Report) by 79.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,525 shares of the financial services provider's stock after selling 6,036 shares during the quarter. Householder Group Estate & Retirement Specialist LLC's holdings in JPMorgan Chase & Co. were worth $365,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Eagle Capital Management LLC increased its stake in JPMorgan Chase & Co. by 0.4% in the second quarter. Eagle Capital Management LLC now owns 21,867 shares of the financial services provider's stock valued at $4,423,000 after acquiring an additional 84 shares during the last quarter. Fiera Capital Corp increased its position in shares of JPMorgan Chase & Co. by 1.7% during the 2nd quarter. Fiera Capital Corp now owns 3,738 shares of the financial services provider's stock valued at $756,000 after purchasing an additional 63 shares during the last quarter. Alpha Financial Partners LLC increased its position in shares of JPMorgan Chase & Co. by 9.4% during the 2nd quarter. Alpha Financial Partners LLC now owns 2,986 shares of the financial services provider's stock valued at $604,000 after purchasing an additional 257 shares during the last quarter. DHK Financial Advisors Inc. purchased a new position in shares of JPMorgan Chase & Co. during the 2nd quarter valued at about $585,000. Finally, Madison Wealth Partners Inc lifted its position in JPMorgan Chase & Co. by 1.9% in the 2nd quarter. Madison Wealth Partners Inc now owns 7,804 shares of the financial services provider's stock worth $1,579,000 after buying an additional 149 shares during the last quarter. 71.55% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other JPMorgan Chase & Co. news, General Counsel Stacey Friedman sold 3,303 shares of the firm's stock in a transaction that occurred on Thursday, January 16th. The shares were 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. This trade represents a 6.49 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.79% of the stock is currently owned by insiders.

JPMorgan Chase & Co. Stock Up 2.0 %

JPMorgan Chase & Co. stock traded up $5.19 during trading hours on Monday, hitting $259.46. 17,629,775 shares of the stock traded hands, compared to its average volume of 8,107,328. JPMorgan Chase & Co. has a one year low of $165.24 and a one year high of $260.62. The firm's 50-day moving average price is $243.50 and its two-hundred day moving average price is $224.52. The company has a current ratio of 0.89, a quick 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 released 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. The company had revenue of $42.77 billion for the quarter, compared to analyst estimates of $41.90 billion. JPMorgan Chase & Co. had a return on equity of 16.71% and a net margin of 19.64%. The firm's revenue was up 10.9% on a year-over-year basis. During the same period in the previous year, the company posted $3.04 earnings per share. On average, research analysts forecast that JPMorgan Chase & Co. will post 17.46 EPS for the current year.

JPMorgan Chase & Co. Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Investors 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 dividend on an annualized basis and a yield of 1.93%. JPMorgan Chase & Co.'s dividend payout ratio (DPR) is currently 27.82%.

Wall Street Analysts Forecast Growth

Several research firms have commented on JPM. Barclays lifted their price target on shares of JPMorgan Chase & Co. from $304.00 to $330.00 and gave the stock an "overweight" rating in a research note on Thursday. Oppenheimer lowered JPMorgan Chase & Co. from an "outperform" rating to a "market perform" rating in a research note on Wednesday, November 20th. Wells Fargo & Company raised their price target on JPMorgan Chase & Co. from $240.00 to $270.00 and gave the stock an "overweight" rating in a research report on Friday, November 15th. Robert W. Baird downgraded JPMorgan Chase & Co. from a "neutral" rating to an "underperform" rating and set a $200.00 price objective for the company. in a research report on Thursday, November 7th. Finally, Truist Financial increased their price objective on JPMorgan Chase & Co. from $260.00 to $268.00 and gave the company a "hold" rating in a research note on Thursday. Two analysts have rated the stock with a sell rating, eight have given a hold rating and eleven have assigned a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $251.78.

About JPMorgan Chase & Co.

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.