West Financial Advisors LLC Acquires 428 Shares of JPMorgan Chase & Co. (NYSE:JPM)

West Financial Advisors LLC lifted its holdings in JPMorgan Chase & Co. (NYSE:JPM) by 244.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 603 shares of the financial services provider’s stock after buying an additional 428 shares during the quarter. West Financial Advisors LLC’s holdings in JPMorgan Chase & Co. were worth $145,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of JPM. Eagle Capital Management LLC increased its position in shares of JPMorgan Chase & Co. by 0.4% during the second quarter. Eagle Capital Management LLC now owns 21,867 shares of the financial services provider’s stock worth $4,423,000 after acquiring an additional 84 shares during the period. Fiera Capital Corp grew its stake in JPMorgan Chase & Co. by 1.7% in the second quarter. Fiera Capital Corp now owns 3,738 shares of the financial services provider’s stock worth $756,000 after purchasing an additional 63 shares in the last quarter. J.W. Cole Advisors Inc. increased its holdings in JPMorgan Chase & Co. by 27.0% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 50,347 shares of the financial services provider’s stock worth $10,183,000 after purchasing an additional 10,709 shares during the period. SilverOak Wealth Management LLC raised its position in JPMorgan Chase & Co. by 26.2% during the 2nd quarter. SilverOak Wealth Management LLC now owns 2,987 shares of the financial services provider’s stock valued at $604,000 after purchasing an additional 620 shares in the last quarter. Finally, Lyell Wealth Management LP raised its position in JPMorgan Chase & Co. by 2.3% during the 2nd quarter. Lyell Wealth Management LP now owns 88,389 shares of the financial services provider’s stock valued at $17,878,000 after purchasing an additional 2,008 shares in the last quarter. Hedge funds and other institutional investors own 71.55% of the company’s stock.

Insider Buying and Selling at JPMorgan Chase & Co.

In other news, General Counsel Stacey Friedman sold 3,303 shares of the firm’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 completion of the transaction, the general counsel now directly owns 47,620 shares in the company, valued at $12,092,622.80. This trade represents a 6.49 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 0.79% of the company’s stock.

JPMorgan Chase & Co. Stock Performance

Shares of JPMorgan Chase & Co. stock opened at $259.46 on Friday. The company has a 50 day moving average price of $243.06 and a 200 day moving average price of $223.93. The firm has a market capitalization of $730.47 billion, a P/E ratio of 14.44, a PEG ratio of 3.16 and a beta of 1.11. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 1.27. JPMorgan Chase & Co. has a 52 week low of $165.24 and a 52 week high of $260.62.

JPMorgan Chase & Co. (NYSE:JPM) last posted its quarterly earnings results on Wednesday, January 15th. The financial services provider reported $4.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.03 by $0.78. JPMorgan Chase & Co. had a net margin of 19.64% and a return on equity of 16.71%. The business had revenue of $42.77 billion during the quarter, compared to analysts’ expectations of $41.90 billion. During the same quarter last year, the company posted $3.04 earnings per share. The business’s quarterly revenue was up 10.9% on a year-over-year basis. Sell-side analysts expect that JPMorgan Chase & Co. will post 17.46 EPS for the current year.

JPMorgan Chase & Co. Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Monday, January 6th will be given a dividend of $1.25 per share. The ex-dividend date of this dividend is Monday, January 6th. This represents a $5.00 dividend on an annualized basis and a yield of 1.93%. JPMorgan Chase & Co.’s dividend payout ratio is currently 25.33%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. Truist Financial increased their price target on JPMorgan Chase & Co. from $260.00 to $268.00 and gave the stock a “hold” rating in a research report on Thursday. Wolfe Research upgraded shares of JPMorgan Chase & Co. from a “peer perform” rating to an “outperform” rating and set a $269.00 target price on the stock in a report on Friday, January 3rd. Bank of America boosted their price target 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. Robert W. Baird cut shares of JPMorgan Chase & Co. from a “neutral” rating to an “underperform” rating and set a $200.00 price target for the company. in a research report on Thursday, November 7th. Finally, Royal Bank of Canada lifted their price objective on shares of JPMorgan Chase & Co. from $211.00 to $230.00 and gave the company an “outperform” rating in a report on Monday, October 14th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat.com, JPMorgan Chase & Co. presently has an average rating of “Hold” and an average price target of $251.78.

JPMorgan Chase & Co. Profile

JPMorgan Chase & Co operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers deposit, investment and lending products, cash management, and payments and services; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, auto loans, leases, and travel services to consumers and small businesses through bank branches, ATMs, and digital and telephone banking.