Humankind Investments LLC lessened its position in shares of JPMorgan Chase & Co. (NYSE:JPM) by 9.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,446 shares of the financial services provider’s stock after selling 439 shares during the quarter. Humankind Investments LLC’s holdings in JPMorgan Chase & Co. were worth $1,066,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently modified their holdings of JPM. Guardian Wealth Advisors LLC NC lifted its stake in shares of JPMorgan Chase & Co. by 10.5% during the 4th quarter. Guardian Wealth Advisors LLC NC now owns 26,743 shares of the financial services provider’s stock worth $6,411,000 after acquiring an additional 2,552 shares during the last quarter. Gotham Asset Management LLC raised its stake in shares of JPMorgan Chase & Co. by 1.2% during the 4th quarter. Gotham Asset Management LLC now owns 72,523 shares of the financial services provider’s stock worth $17,384,000 after acquiring an additional 861 shares in the last quarter. Forefront Analytics LLC lifted its holdings in shares of JPMorgan Chase & Co. by 2.0% during the 4th quarter. Forefront Analytics LLC now owns 3,345 shares of the financial services provider’s stock valued at $802,000 after purchasing an additional 64 shares during the last quarter. Francis Financial Inc. raised its stake in JPMorgan Chase & Co. by 45.9% in the fourth quarter. Francis Financial Inc. now owns 3,714 shares of the financial services provider’s stock valued at $890,000 after buying an additional 1,168 shares during the last quarter. Finally, Full Sail Capital LLC boosted its stake in JPMorgan Chase & Co. by 3.0% in the 4th quarter. Full Sail Capital LLC now owns 4,397 shares of the financial services provider’s stock worth $1,054,000 after purchasing an additional 126 shares in the last quarter. 71.55% of the stock is owned by hedge funds and other institutional investors.
JPMorgan Chase & Co. Trading Down 0.1 %
NYSE:JPM opened at $253.20 on Friday. The firm has a market cap of $703.67 billion, a P/E ratio of 12.83, a P/E/G ratio of 2.83 and a beta of 1.07. The firm’s fifty day moving average is $238.28 and its 200-day moving average is $245.67. The company has a debt-to-equity ratio of 1.24, a quick ratio of 0.89 and a current ratio of 0.88. JPMorgan Chase & Co. has a 52 week low of $190.88 and a 52 week high of $280.25.
JPMorgan Chase & Co. Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, April 30th. Shareholders of record on Friday, April 4th were paid a $1.40 dividend. The ex-dividend date of this dividend was Friday, April 4th. This represents a $5.60 annualized dividend and a yield of 2.21%. This is an increase from JPMorgan Chase & Co.’s previous quarterly dividend of $1.25. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is currently 27.49%.
Insider Buying and Selling at JPMorgan Chase & Co.
In other JPMorgan Chase & Co. news, Director Linda Bammann sold 9,500 shares of JPMorgan Chase & Co. stock in a transaction that occurred on Tuesday, May 6th. The stock was sold at an average price of $250.00, for a total transaction of $2,375,000.00. Following the sale, the director now directly owns 91,539 shares of the company’s stock, valued at approximately $22,884,750. The trade was a 9.40 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Robin Leopold sold 1,250 shares of the stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $270.09, for a total value of $337,612.50. Following the completion of the sale, the insider now directly owns 50,377 shares in the company, valued at approximately $13,606,323.93. This represents a 2.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 129,188 shares of company stock valued at $33,095,363 in the last quarter. 0.47% of the stock is currently owned by corporate insiders.
Wall Street Analyst Weigh In
Several research analysts recently issued reports on JPM shares. UBS Group raised their target price on shares of JPMorgan Chase & Co. from $277.00 to $305.00 and gave the stock a “buy” rating in a report on Thursday, April 17th. Baird R W upgraded shares of JPMorgan Chase & Co. from a “strong sell” rating to a “hold” rating in a research report on Friday, March 7th. Keefe, Bruyette & Woods lifted their price target 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. Bank of America cut their price objective on shares of JPMorgan Chase & Co. from $285.00 to $284.00 and set a “buy” rating for the company in a report on Wednesday, April 2nd. Finally, KGI Securities assumed coverage on shares of JPMorgan Chase & Co. in a research report on Sunday, April 13th. They set a “hold” rating on the stock. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and ten have given a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $255.67.
View Our Latest Stock Report on JPM
JPMorgan Chase & Co. Company Profile
JPMorgan Chase & Co is a financial holding company, which engages in the provision of financial and investment banking services. It focuses on investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. It operates through the following segments: Consumer and Community Banking (CCB), Commercial and Investment Bank (CIB), Asset and Wealth Management (AWM), and Corporate.
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