JPMorgan Chase & Co. (NYSE:JPM) Stock Position Increased by Marshall Financial Group LLC

Marshall Financial Group LLC boosted its position in shares of JPMorgan Chase & Co. (NYSE:JPM) by 14.1% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,278 shares of the financial services provider’s stock after buying an additional 774 shares during the quarter. Marshall Financial Group LLC’s holdings in JPMorgan Chase & Co. were worth $1,505,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Park Edge Advisors LLC lifted its holdings in JPMorgan Chase & Co. by 3.0% in the 4th quarter. Park Edge Advisors LLC now owns 12,040 shares of the financial services provider’s stock valued at $2,886,000 after acquiring an additional 348 shares during the last quarter. KFG Wealth Management LLC lifted its stake in JPMorgan Chase & Co. by 10.2% during the fourth quarter. KFG Wealth Management LLC now owns 3,089 shares of the financial services provider’s stock valued at $741,000 after purchasing an additional 287 shares during the last quarter. Jamison Private Wealth Management Inc. lifted its stake in JPMorgan Chase & Co. by 2.6% during the fourth quarter. Jamison Private Wealth Management Inc. now owns 54,381 shares of the financial services provider’s stock valued at $13,036,000 after purchasing an additional 1,376 shares during the last quarter. Blue Square Asset Management LLC boosted its holdings in JPMorgan Chase & Co. by 2.5% during the fourth quarter. Blue Square Asset Management LLC now owns 11,882 shares of the financial services provider’s stock worth $2,848,000 after buying an additional 287 shares in the last quarter. Finally, Asio Capital LLC grew its position in JPMorgan Chase & Co. by 1.8% in the fourth quarter. Asio Capital LLC now owns 8,991 shares of the financial services provider’s stock worth $2,155,000 after buying an additional 156 shares during the last quarter. 71.55% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Daiwa Capital Markets reduced their price objective on JPMorgan Chase & Co. from $240.00 to $235.00 and set an “overweight” rating for the company in a research note on Thursday, October 10th. Evercore ISI increased their price target on JPMorgan Chase & Co. from $217.00 to $230.00 and gave the company an “outperform” rating in a research report on Monday, October 14th. Bank of America boosted their price objective on JPMorgan Chase & Co. from $260.00 to $280.00 and gave the stock a “buy” rating in a report on Tuesday, January 7th. Piper Sandler lifted their target price on shares of JPMorgan Chase & Co. from $240.00 to $275.00 and gave the stock an “overweight” rating in a research report on Tuesday, December 3rd. Finally, UBS Group boosted their price target 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. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and eleven have issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $251.78.

JPMorgan Chase & Co. Stock Performance

NYSE JPM opened at $268.23 on Friday. The company’s fifty day moving average is $247.08 and its two-hundred day moving average is $227.63. JPMorgan Chase & Co. has a 52-week low of $171.43 and a 52-week high of $270.68. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.88 and a quick ratio of 0.89. The firm has a market capitalization of $755.17 billion, a price-to-earnings ratio of 13.59, a P/E/G ratio of 2.83 and a beta of 1.11.

JPMorgan Chase & Co. (NYSE:JPM) last released its earnings results on Wednesday, January 15th. The financial services provider reported $4.81 earnings per share for the quarter, topping analysts’ consensus estimates of $4.03 by $0.78. The business had revenue of $42.77 billion for the quarter, compared to the consensus estimate of $41.90 billion. JPMorgan Chase & Co. had a return on equity of 16.99% and a net margin of 20.96%. The firm’s revenue for the quarter was up 10.9% compared to the same quarter last year. During the same period last year, the business earned $3.04 earnings per share. Equities research analysts forecast that JPMorgan Chase & Co. will post 17.82 EPS for the current year.

JPMorgan Chase & Co. Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Monday, January 6th will be paid a $1.25 dividend. The ex-dividend date is Monday, January 6th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 1.86%. JPMorgan Chase & Co.’s payout ratio is 25.33%.

Insider Buying and Selling

In other news, General Counsel Stacey Friedman sold 3,303 shares of the stock in a transaction on Thursday, January 16th. The shares were 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 owns 47,620 shares in the company, valued at approximately $12,092,622.80. This represents a 6.49 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.79% of the stock is owned by company insiders.

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.