Lingohr Asset Management GmbH Acquires Shares of 2,840 JPMorgan Chase & Co. (NYSE:JPM)

Lingohr Asset Management GmbH acquired a new stake in shares of JPMorgan Chase & Co. (NYSE:JPM - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 2,840 shares of the financial services provider's stock, valued at approximately $676,000. JPMorgan Chase & Co. comprises about 1.4% of Lingohr Asset Management GmbH's holdings, making the stock its 27th largest holding.

Other large investors also recently bought and sold shares of the company. Principal Financial Group Inc. lifted its position in JPMorgan Chase & Co. by 3.2% during the third quarter. Principal Financial Group Inc. now owns 5,824,289 shares of the financial services provider's stock valued at $1,228,110,000 after purchasing an additional 182,648 shares during the period. United Bank lifted its holdings in shares of JPMorgan Chase & Co. by 2.5% during the 3rd quarter. United Bank now owns 25,354 shares of the financial services provider's stock valued at $5,346,000 after buying an additional 614 shares during the period. GenTrust LLC lifted its holdings in shares of JPMorgan Chase & Co. by 75.6% during the 3rd quarter. GenTrust LLC now owns 6,669 shares of the financial services provider's stock valued at $1,406,000 after buying an additional 2,871 shares during the period. Nicolet Advisory Services LLC boosted its stake in shares of JPMorgan Chase & Co. by 0.7% in the 3rd quarter. Nicolet Advisory Services LLC now owns 65,417 shares of the financial services provider's stock worth $13,426,000 after buying an additional 444 shares during the last quarter. Finally, Certified Advisory Corp grew its holdings in shares of JPMorgan Chase & Co. by 1.0% in the third quarter. Certified Advisory Corp now owns 23,012 shares of the financial services provider's stock worth $4,852,000 after acquiring an additional 234 shares during the period. 71.55% of the stock is currently owned by institutional investors.

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Insider Buying and Selling at JPMorgan Chase & Co.

In other JPMorgan Chase & Co. news, CEO Troy L. Rohrbaugh sold 25,000 shares of the firm's stock in a transaction that occurred on Monday, March 24th. The stock was sold at an average price of $247.02, for a total transaction of $6,175,500.00. Following the completion of the transaction, the chief executive officer now owns 133,381 shares in the company, valued at $32,947,774.62. This trade represents a 15.78 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, COO Jennifer Piepszak sold 4,273 shares of the company's stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $269.85, for a total value of $1,153,069.05. Following the sale, the chief operating officer now directly owns 54,469 shares in the company, valued at $14,698,459.65. This trade represents a 7.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 76,848 shares of company stock worth $19,987,908. Insiders own 0.79% of the company's stock.

Analyst Ratings Changes

JPM has been the topic of a number of recent research reports. Truist Financial increased their target price on JPMorgan Chase & Co. from $260.00 to $268.00 and gave the company a "hold" 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 note on Friday, March 7th. Wolfe Research raised shares of JPMorgan Chase & Co. from a "peer perform" rating to an "outperform" rating and set a $269.00 price objective on the stock in a report on Friday, January 3rd. UBS Group upped their target price on shares of JPMorgan Chase & Co. from $276.00 to $287.00 and gave the company a "buy" rating in a report on Thursday, January 16th. Finally, Keefe, Bruyette & Woods increased their price target on shares of JPMorgan Chase & Co. from $257.00 to $264.00 and gave the stock a "market perform" rating in a research report on Thursday, January 16th. Ten research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $252.89.

JPMorgan Chase & Co. Price Performance

Shares of NYSE JPM traded down $5.16 during mid-day trading on Friday, reaching $242.97. The company's stock had a trading volume of 11,975,314 shares, compared to its average volume of 9,343,658. 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. has a 52 week low of $179.20 and a 52 week high of $280.25. The stock has a fifty day moving average of $257.55 and a two-hundred day moving average of $240.77. The firm has a market capitalization of $679.36 billion, a PE ratio of 12.31, a P/E/G ratio of 2.83 and a beta of 1.10.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last posted its quarterly earnings results on Wednesday, January 15th. The financial services provider reported $4.81 earnings per share 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 the consensus estimate of $41.90 billion. During the same period in the prior year, the company posted $3.04 EPS. The firm's revenue for the quarter was up 10.9% compared to the same quarter last year. As a group, sell-side analysts anticipate that JPMorgan Chase & Co. will post 18.1 EPS for the current fiscal year.

JPMorgan Chase & Co. Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Friday, April 4th will be issued a $1.40 dividend. This is an increase from JPMorgan Chase & Co.'s previous quarterly dividend of $1.25. This represents a $5.60 dividend on an annualized basis and a yield of 2.30%. The ex-dividend date of this dividend is Friday, April 4th. JPMorgan Chase & Co.'s payout ratio is currently 28.37%.

JPMorgan Chase & Co. Company 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.