Wealth Advisors Northwest LLC Takes $485,000 Position in JPMorgan Chase & Co. (NYSE:JPM)

Wealth Advisors Northwest LLC acquired a new stake in shares of JPMorgan Chase & Co. (NYSE:JPM - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 2,025 shares of the financial services provider's stock, valued at approximately $485,000.

Other large investors have also added to or reduced their stakes in the company. Geode Capital Management LLC raised its position in shares of JPMorgan Chase & Co. by 0.9% in the 3rd quarter. Geode Capital Management LLC now owns 58,344,186 shares of the financial services provider's stock valued at $12,258,346,000 after purchasing an additional 505,830 shares in the last quarter. Fisher Asset Management LLC increased its stake in shares of JPMorgan Chase & Co. by 31.7% in the third quarter. Fisher Asset Management LLC now owns 16,784,272 shares of the financial services provider's stock worth $3,539,132,000 after buying an additional 4,043,841 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in JPMorgan Chase & Co. by 2.0% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 15,084,919 shares of the financial services provider's stock valued at $3,180,806,000 after acquiring an additional 302,592 shares in the last quarter. Franklin Resources Inc. boosted its stake in JPMorgan Chase & Co. by 7.2% during the 3rd quarter. Franklin Resources Inc. now owns 15,073,193 shares of the financial services provider's stock valued at $3,338,955,000 after acquiring an additional 1,016,289 shares during the last quarter. Finally, International Assets Investment Management LLC acquired a new position in JPMorgan Chase & Co. during the 3rd quarter worth $1,888,088,000. 71.55% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CEO Troy L. Rohrbaugh sold 37,500 shares of the stock in a transaction on 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 transaction, the chief executive officer now owns 158,381 shares in the company, valued at $42,737,529.04. This trade represents a 19.14 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, General Counsel Stacey Friedman sold 3,303 shares of the business's stock in a transaction dated Thursday, January 16th. The stock was sold at an average price of $253.94, for a total value of $838,763.82. Following the sale, the general counsel now owns 47,620 shares in the company, valued at approximately $12,092,622.80. The trade was a 6.49 % 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. 0.79% of the stock is owned by insiders.

JPMorgan Chase & Co. Price Performance

Shares of JPMorgan Chase & Co. stock traded down $2.66 during trading on Friday, hitting $264.14. The stock had a trading volume of 12,801,234 shares, compared to its average volume of 9,465,503. The business has a fifty day moving average of $255.63 and a two-hundred day moving average of $234.48. JPMorgan Chase & Co. has a fifty-two week low of $179.20 and a fifty-two week high of $280.25. The firm has a market cap of $738.56 billion, a P/E ratio of 13.38, a PEG ratio of 2.96 and a beta of 1.12. 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 issued its quarterly earnings results on Wednesday, January 15th. The financial services provider reported $4.81 earnings per share for the quarter, beating analysts' consensus estimates of $4.03 by $0.78. The company had revenue of $42.77 billion during the quarter, compared to the consensus estimate of $41.90 billion. JPMorgan Chase & Co. had a net margin of 20.96% and a return on equity of 16.99%. JPMorgan Chase & Co.'s revenue was up 10.9% on a year-over-year basis. During the same period in the prior year, the company earned $3.04 EPS. On average, sell-side analysts expect that JPMorgan Chase & Co. will post 18.1 earnings per share for the current fiscal year.

JPMorgan Chase & Co. Dividend Announcement

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

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Wells Fargo & Company boosted their price objective on JPMorgan Chase & Co. from $240.00 to $270.00 and gave the company an "overweight" rating in a report on Friday, November 15th. Bank of America boosted their price target on JPMorgan Chase & Co. from $260.00 to $280.00 and gave the company a "buy" rating in a report on Tuesday, January 7th. Keefe, Bruyette & Woods raised their price objective on JPMorgan Chase & Co. from $257.00 to $264.00 and gave the stock a "market perform" rating in a research note on Thursday, January 16th. Oppenheimer lowered shares of JPMorgan Chase & Co. from an "outperform" rating to a "market perform" rating in a research note on Wednesday, November 20th. Finally, Truist Financial increased their target price on shares of JPMorgan Chase & Co. from $260.00 to $268.00 and gave the stock a "hold" rating in a report on Thursday, January 16th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and ten have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $251.78.

About JPMorgan Chase & Co.

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.