Warther Private Wealth LLC Reduces Stock Holdings in JPMorgan Chase & Co. (NYSE:JPM)

Warther Private Wealth LLC lessened its position in JPMorgan Chase & Co. (NYSE:JPM - Free Report) by 35.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,599 shares of the financial services provider's stock after selling 1,411 shares during the quarter. Warther Private Wealth LLC's holdings in JPMorgan Chase & Co. were worth $623,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in JPM. Leavell Investment Management Inc. lifted its stake in shares of JPMorgan Chase & Co. by 1.0% during the 4th quarter. Leavell Investment Management Inc. now owns 93,903 shares of the financial services provider's stock worth $22,509,000 after acquiring an additional 908 shares during the last quarter. Portfolio Design Labs LLC increased its stake in JPMorgan Chase & Co. by 24.6% in the fourth quarter. Portfolio Design Labs LLC now owns 22,677 shares of the financial services provider's stock worth $5,436,000 after purchasing an additional 4,481 shares during the period. Edmp Inc. lifted its position in shares of JPMorgan Chase & Co. by 27.6% during the fourth quarter. Edmp Inc. now owns 1,645 shares of the financial services provider's stock worth $394,000 after purchasing an additional 356 shares during the last quarter. Index Fund Advisors Inc. boosted its stake in shares of JPMorgan Chase & Co. by 3.4% during the fourth quarter. Index Fund Advisors Inc. now owns 2,879 shares of the financial services provider's stock valued at $690,000 after purchasing an additional 96 shares during the period. Finally, Oceanside Advisors LLC boosted its stake in shares of JPMorgan Chase & Co. by 9.6% during the fourth quarter. Oceanside Advisors LLC now owns 2,170 shares of the financial services provider's stock valued at $520,000 after purchasing an additional 190 shares during the period. 71.55% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at JPMorgan Chase & Co.

In related news, COO Jennifer Piepszak sold 4,273 shares of JPMorgan Chase & Co. stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $269.85, for a total value of $1,153,069.05. Following the completion of 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Troy L. Rohrbaugh sold 37,500 shares of the company's stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $269.84, for a total transaction of $10,119,000.00. Following the transaction, the chief executive officer now owns 158,381 shares in the company, valued at $42,737,529.04. The trade was a 19.14 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 46,326 shares of company stock worth $12,448,445. Insiders own 0.79% of the company's stock.

JPMorgan Chase & Co. Stock Down 1.0 %

Shares of NYSE JPM traded down $2.66 during trading hours on Friday, hitting $264.14. 12,801,234 shares of the stock were exchanged, compared to its average volume of 9,465,503. The company has a market cap of $738.56 billion, a PE ratio of 13.38, a PEG ratio of 2.96 and a beta of 1.12. JPMorgan Chase & Co. has a 12 month low of $179.20 and a 12 month high of $280.25. The company has a quick ratio of 0.89, a current ratio of 0.88 and a debt-to-equity ratio of 1.24. The firm has a fifty day moving average price of $255.63 and a 200-day moving average price of $234.48.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last issued its quarterly earnings data on Wednesday, January 15th. The financial services provider reported $4.81 EPS for the quarter, beating the consensus estimate of $4.03 by $0.78. The firm had revenue of $42.77 billion during the quarter, compared to analyst estimates of $41.90 billion. JPMorgan Chase & Co. had a return on equity of 16.99% and a net margin of 20.96%. The business's revenue for the quarter was up 10.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $3.04 EPS. On average, sell-side analysts expect that JPMorgan Chase & Co. will post 18.1 EPS for the current year.

JPMorgan Chase & Co. Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Monday, January 6th were issued a $1.25 dividend. This represents a $5.00 annualized dividend and a yield of 1.89%. The ex-dividend date of this dividend was Monday, January 6th. JPMorgan Chase & Co.'s dividend payout ratio is presently 25.33%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on JPM shares. Bank of America lifted their price objective on shares of JPMorgan Chase & Co. from $260.00 to $280.00 and gave the company a "buy" rating in a report on Tuesday, January 7th. UBS Group boosted their price target on JPMorgan Chase & Co. from $276.00 to $287.00 and gave the company a "buy" rating in a report on Thursday, January 16th. Truist Financial lifted their target price on JPMorgan Chase & Co. from $260.00 to $268.00 and gave the company a "hold" rating in a research report on Thursday, January 16th. Barclays increased their price target on JPMorgan Chase & Co. from $304.00 to $330.00 and gave the stock an "overweight" rating in a research report on Thursday, January 16th. Finally, Citigroup lifted their price objective on JPMorgan Chase & Co. from $215.00 to $250.00 and gave the company a "neutral" rating in a report on Tuesday, November 19th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and ten have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $251.78.

JPMorgan Chase & Co. Company Profile

JPMorgan Chase & Co is a financial holding company, which engages in the provision of financial and investment banking services. The firm offers a range of investment banking products and services in all capital markets, including advising on corporate strategy and structure, capital raising in equity and debt markets, risk management, market making in cash securities and derivative instruments, and brokerage and research.