LaSalle St. Investment Advisors LLC Has $1.43 Million Stock Holdings in JPMorgan Chase & Co. (NYSE:JPM)

LaSalle St. Investment Advisors LLC raised its stake in shares of JPMorgan Chase & Co. (NYSE:JPM - Free Report) by 26.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,970 shares of the financial services provider's stock after buying an additional 1,236 shares during the period. LaSalle St. Investment Advisors LLC's holdings in JPMorgan Chase & Co. were worth $1,431,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in JPM. Redwood Park Advisors LLC bought a new position in JPMorgan Chase & Co. during the 4th quarter valued at $29,000. Sellwood Investment Partners LLC bought a new position in JPMorgan Chase & Co. during the fourth quarter valued at about $34,000. Investment Counsel Co. of Nevada acquired a new position in JPMorgan Chase & Co. during the fourth quarter worth about $37,000. Prudent Man Investment Management Inc. bought a new stake in JPMorgan Chase & Co. in the fourth quarter worth about $43,000. Finally, Midwest Capital Advisors LLC acquired a new stake in JPMorgan Chase & Co. in the 4th quarter valued at about $43,000. 71.55% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have recently issued reports on JPM. Truist Financial cut their target price on JPMorgan Chase & Co. from $264.00 to $251.00 and set a "hold" rating on the stock in a research report on Monday. UBS Group raised their target price 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. Baird R W upgraded shares of JPMorgan Chase & Co. from a "strong sell" rating to a "hold" rating in a research report on Friday, March 7th. Barclays boosted their target price on shares of JPMorgan Chase & Co. from $304.00 to $330.00 and gave the company an "overweight" rating in a research note on Thursday, January 16th. Finally, Evercore ISI decreased their target price on JPMorgan Chase & Co. from $273.00 to $265.00 and set an "outperform" rating for the company in a research report on Tuesday, April 1st. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and ten have issued a buy rating to the stock. According to MarketBeat.com, JPMorgan Chase & Co. presently has a consensus rating of "Hold" and a consensus price target of $254.11.

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JPMorgan Chase & Co. Price Performance

JPM stock traded down $1.68 during mid-day trading on Tuesday, hitting $233.04. The stock had a trading volume of 10,902,541 shares, compared to its average volume of 9,642,482. The firm has a fifty day simple moving average of $248.17 and a 200 day simple moving average of $242.43. The firm has a market capitalization of $648.54 billion, a P/E ratio of 11.81, a P/E/G ratio of 2.83 and a beta of 1.01. 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. has a 52 week low of $179.20 and a 52 week high of $280.25.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last posted its quarterly earnings results on Friday, April 11th. The financial services provider reported $5.07 earnings per share for the quarter, beating analysts' consensus estimates of $4.63 by $0.44. JPMorgan Chase & Co. had a net margin of 20.96% and a return on equity of 16.99%. The company had revenue of $45.30 billion for the quarter, compared to the consensus estimate of $43.62 billion. During the same period last year, the company posted $4.44 EPS. The firm's quarterly revenue was up 8.0% compared to the same quarter last year. As a group, research analysts forecast that JPMorgan Chase & Co. will post 18.1 EPS for the current year.

JPMorgan Chase & Co. Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Friday, April 4th will be paid a $1.40 dividend. This is a positive change from JPMorgan Chase & Co.'s previous quarterly dividend of $1.25. This represents a $5.60 dividend on an annualized basis and a dividend yield of 2.40%. The ex-dividend date of this dividend is Friday, April 4th. JPMorgan Chase & Co.'s dividend payout ratio is currently 27.49%.

Insider Transactions at JPMorgan Chase & Co.

In other JPMorgan Chase & Co. news, insider Robin Leopold sold 1,250 shares of the business'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 transaction, the insider now directly owns 50,377 shares of the company's stock, valued at approximately $13,606,323.93. The trade was a 2.42 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Troy L. Rohrbaugh sold 37,500 shares of the firm's stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $269.84, for a total transaction of $10,119,000.00. Following the sale, the chief executive officer now directly owns 158,381 shares of the company's stock, valued at approximately $42,737,529.04. This trade represents a 19.14 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 76,848 shares of company stock worth $19,987,908 over the last three months. 0.79% of the stock is owned by company insiders.

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.