Unigestion Holding SA Buys New Shares in JPMorgan Chase & Co. (NYSE:JPM)

Unigestion Holding SA acquired a new position in JPMorgan Chase & Co. (NYSE:JPM - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 2,500 shares of the financial services provider's stock, valued at approximately $599,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Sellwood Investment Partners LLC purchased a new stake in JPMorgan Chase & Co. during the fourth quarter worth about $34,000. Midwest Capital Advisors LLC acquired a new position in shares of JPMorgan Chase & Co. in the 4th quarter valued at $43,000. Prudent Man Investment Management Inc. purchased a new position in shares of JPMorgan Chase & Co. during the fourth quarter worth about $43,000. Legacy Investment Solutions LLC acquired a new position in JPMorgan Chase & Co. during the third quarter worth approximately $45,000. Finally, Collier Financial acquired a new position in shares of JPMorgan Chase & Co. in the 4th quarter valued at $45,000. 71.55% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at JPMorgan Chase & Co.

In related news, CEO Troy L. Rohrbaugh sold 37,500 shares of the stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $269.84, for a total value of $10,119,000.00. Following the completion of 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 represents a 19.14 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Robin Leopold sold 1,250 shares of the company's stock in a transaction on Monday, March 24th. The stock was sold at an average price of $246.92, for a total transaction of $308,650.00. Following the completion of the transaction, the insider now directly owns 49,127 shares in the company, valued at $12,130,438.84. This trade represents a 2.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 76,848 shares of company stock valued at $19,987,908 over the last 90 days. 0.79% of the stock is currently owned by corporate insiders.

JPMorgan Chase & Co. Stock Performance

Shares of NYSE:JPM traded up $7.22 during trading on Friday, reaching $234.33. 9,661,125 shares of the company's stock traded hands, compared to its average volume of 9,693,596. The stock has a market capitalization of $655.20 billion, a P/E ratio of 11.91, a price-to-earnings-growth ratio of 2.83 and a beta of 1.01. JPMorgan Chase & Co. has a 12 month low of $179.20 and a 12 month high of $280.25. The company has a 50 day moving average of $249.53 and a 200-day moving average of $241.85. 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. (NYSE:JPM - Get Free Report) last released its quarterly earnings results on Friday, April 11th. The financial services provider reported $5.07 EPS for the quarter, topping the consensus estimate of $4.57 by $0.50. The business had revenue of $45.30 billion during the quarter, compared to analyst estimates of $43.62 billion. JPMorgan Chase & Co. had a net margin of 20.96% and a return on equity of 16.99%. The company's quarterly revenue was up 8.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $4.44 earnings per share. On average, equities analysts expect 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 issued a $1.40 dividend. This is a positive change from JPMorgan Chase & Co.'s previous quarterly dividend of $1.25. The ex-dividend date of this dividend is Friday, April 4th. This represents a $5.60 annualized dividend and a dividend yield of 2.39%. JPMorgan Chase & Co.'s dividend payout ratio is 28.37%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on JPM shares. UBS Group upped their price target on JPMorgan Chase & Co. from $276.00 to $287.00 and gave the stock a "buy" rating in a research note on Thursday, January 16th. Barclays lifted their price target on shares of JPMorgan Chase & Co. from $304.00 to $330.00 and gave the company an "overweight" rating in a research report on Thursday, January 16th. Wolfe Research upgraded 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 research report on Friday, January 3rd. Robert W. Baird raised JPMorgan Chase & Co. from an "underperform" rating to a "neutral" rating and upped their target price for the company from $215.00 to $220.00 in a research note on Friday, March 7th. Finally, Bank of America reduced their target price on shares of JPMorgan Chase & Co. from $285.00 to $284.00 and set a "buy" rating on the stock in a report on Wednesday, April 2nd. Ten investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to data from MarketBeat.com, JPMorgan Chase & Co. currently has a consensus rating of "Moderate Buy" and an average target price of $254.83.

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.