Centennial Wealth Advisory LLC Buys 412 Shares of JPMorgan Chase & Co. (NYSE:JPM)

Centennial Wealth Advisory LLC lifted its stake in shares of JPMorgan Chase & Co. (NYSE:JPM) by 25.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,020 shares of the financial services provider’s stock after acquiring an additional 412 shares during the quarter. Centennial Wealth Advisory LLC’s holdings in JPMorgan Chase & Co. were worth $409,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in JPM. International Assets Investment Management LLC bought a new position in JPMorgan Chase & Co. in the 4th quarter worth approximately $55,033,000. Tennessee Valley Asset Management Partners raised its holdings in shares of JPMorgan Chase & Co. by 2.3% during the 4th quarter. Tennessee Valley Asset Management Partners now owns 6,550 shares of the financial services provider’s stock worth $1,114,000 after acquiring an additional 150 shares in the last quarter. Oak Family Advisors LLC raised its holdings in shares of JPMorgan Chase & Co. by 10.3% during the 4th quarter. Oak Family Advisors LLC now owns 18,473 shares of the financial services provider’s stock worth $3,142,000 after acquiring an additional 1,719 shares in the last quarter. Keel Point LLC raised its holdings in shares of JPMorgan Chase & Co. by 7.5% during the 4th quarter. Keel Point LLC now owns 9,783 shares of the financial services provider’s stock worth $1,664,000 after acquiring an additional 679 shares in the last quarter. Finally, Legacy CG LLC raised its holdings in shares of JPMorgan Chase & Co. by 21.0% during the 4th quarter. Legacy CG LLC now owns 31,994 shares of the financial services provider’s stock worth $5,442,000 after acquiring an additional 5,542 shares in the last quarter. 71.55% of the stock is currently owned by institutional investors.

Insider Transactions at JPMorgan Chase & Co.

In other news, insider Ashley Bacon sold 5,086 shares of the stock in a transaction on Monday, June 10th. The stock was sold at an average price of $199.54, for a total transaction of $1,014,860.44. Following the transaction, the insider now owns 212,265 shares of the company’s stock, valued at approximately $42,355,358.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.79% of the company’s stock.

JPMorgan Chase & Co. Trading Up 0.0 %

JPMorgan Chase & Co. stock traded up $0.08 during mid-day trading on Wednesday, hitting $214.60. The company’s stock had a trading volume of 5,202,301 shares, compared to its average volume of 9,154,462. The company has a 50 day moving average of $205.39 and a 200-day moving average of $196.28. The stock has a market cap of $616.26 billion, a PE ratio of 11.94, a P/E/G ratio of 2.42 and a beta of 1.12. The company has a debt-to-equity ratio of 1.24, a quick ratio of 0.92 and a current ratio of 0.91. JPMorgan Chase & Co. has a one year low of $135.19 and a one year high of $217.56.

JPMorgan Chase & Co. (NYSE:JPM) last announced its quarterly earnings data on Friday, July 12th. The financial services provider reported $6.12 EPS for the quarter, beating the consensus estimate of $4.19 by $1.93. The company had revenue of $50.80 billion for the quarter, compared to the consensus estimate of $42.23 billion. JPMorgan Chase & Co. had a return on equity of 17.26% and a net margin of 20.32%. During the same quarter in the prior year, the company posted $4.37 EPS. On average, research analysts anticipate that JPMorgan Chase & Co. will post 16.78 EPS for the current year.

Analysts Set New Price Targets

JPM has been the topic of several recent research reports. Jefferies Financial Group upped their price objective on JPMorgan Chase & Co. from $230.00 to $239.00 and gave the stock a “buy” rating in a report on Wednesday, July 3rd. Wolfe Research cut JPMorgan Chase & Co. from an “outperform” rating to a “peer perform” rating in a report on Monday, July 8th. Morgan Stanley upped their price objective on JPMorgan Chase & Co. from $221.00 to $226.00 and gave the stock an “overweight” rating in a report on Tuesday, July 30th. Barclays upped their price objective on JPMorgan Chase & Co. from $212.00 to $217.00 and gave the stock an “overweight” rating in a report on Monday, July 15th. Finally, Citigroup increased their price target on JPMorgan Chase & Co. from $205.00 to $215.00 and gave the company a “neutral” rating in a report on Monday, July 15th. Eight research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $205.71.

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.