15,070 Shares in JPMorgan Chase & Co. (NYSE:JPM) Bought by Blue Capital Inc.

Blue Capital Inc. purchased a new stake in shares of JPMorgan Chase & Co. (NYSE:JPM - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 15,070 shares of the financial services provider's stock, valued at approximately $3,612,000. JPMorgan Chase & Co. makes up about 2.5% of Blue Capital Inc.'s investment portfolio, making the stock its 7th biggest position.

Other hedge funds have also recently made changes to their positions in the company. Principal Financial Group Inc. lifted its stake in shares of JPMorgan Chase & Co. by 3.2% in the third quarter. Principal Financial Group Inc. now owns 5,824,289 shares of the financial services provider's stock worth $1,228,110,000 after acquiring an additional 182,648 shares during the period. JPMorgan Chase & Co. lifted its position in shares of JPMorgan Chase & Co. by 7.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,450,775 shares of the financial services provider's stock worth $938,491,000 after purchasing an additional 319,730 shares during the period. Nordea Investment Management AB boosted its stake in shares of JPMorgan Chase & Co. by 14.5% in the 4th quarter. Nordea Investment Management AB now owns 3,062,925 shares of the financial services provider's stock valued at $735,041,000 after purchasing an additional 388,126 shares during the last quarter. Pensionfund Sabic increased its position in shares of JPMorgan Chase & Co. by 152.4% during the fourth quarter. Pensionfund Sabic now owns 26,500 shares of the financial services provider's stock worth $6,352,000 after buying an additional 16,000 shares during the period. Finally, CWA Asset Management Group LLC increased its position in shares of JPMorgan Chase & Co. by 11.9% during the fourth quarter. CWA Asset Management Group LLC now owns 107,146 shares of the financial services provider's stock worth $25,684,000 after buying an additional 11,398 shares during the period. 71.55% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at JPMorgan Chase & Co.

In other JPMorgan Chase & Co. news, COO Jennifer Piepszak sold 4,273 shares of JPMorgan Chase & Co. stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $269.85, for a total value of $1,153,069.05. Following the transaction, the chief operating officer now directly owns 54,469 shares of the company's stock, valued at $14,698,459.65. The trade was a 7.27 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Robin Leopold sold 1,250 shares of the firm's stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $270.09, for a total transaction of $337,612.50. Following the completion of the transaction, the insider now owns 50,377 shares in the company, valued at $13,606,323.93. This represents a 2.42 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 73,545 shares of company stock worth $19,149,144 over the last ninety days. Insiders own 0.47% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on JPM shares. Keefe, Bruyette & Woods increased their price target on JPMorgan Chase & Co. from $257.00 to $264.00 and gave the stock a "market perform" rating in a report on Thursday, January 16th. Barclays increased their price target on JPMorgan Chase & Co. from $304.00 to $330.00 and gave the stock an "overweight" rating in a report on Thursday, January 16th. Evercore ISI lowered their price objective on shares of JPMorgan Chase & Co. from $273.00 to $265.00 and set an "outperform" rating for the company in a research note on Tuesday, April 1st. Baird R W raised shares of JPMorgan Chase & Co. from a "strong sell" rating to a "hold" rating in a research note on Friday, March 7th. Finally, Bank of America reduced their price target 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. Eleven equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $255.67.

JPMorgan Chase & Co. Price Performance

Shares of NYSE:JPM opened at $252.56 on Monday. The stock has a market cap of $702.87 billion, a P/E ratio of 12.79, a P/E/G ratio of 2.83 and a beta of 1.07. JPMorgan Chase & Co. has a 12 month low of $189.82 and a 12 month high of $280.25. The company has a 50 day moving average of $238.97 and a 200 day moving average of $244.86. The company has a current ratio of 0.88, a quick ratio of 0.89 and a debt-to-equity ratio of 1.24.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last released its quarterly earnings results on Friday, April 11th. The financial services provider reported $5.07 earnings per share for the quarter, beating analysts' consensus estimates of $4.63 by $0.44. JPMorgan Chase & Co. had a return on equity of 16.99% and a net margin of 20.96%. The business had revenue of $45.30 billion for the quarter, compared to the consensus estimate of $43.62 billion. During the same quarter last year, the business posted $4.44 earnings per share. The company's revenue for the quarter was up 8.0% on a year-over-year basis. As a group, sell-side analysts forecast that JPMorgan Chase & Co. will post 18.1 EPS for the current fiscal year.

JPMorgan Chase & Co. Increases Dividend

The company 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 was Friday, April 4th. This represents a $5.60 annualized dividend and a yield of 2.22%. This is a positive change from JPMorgan Chase & Co.'s previous quarterly dividend of $1.25. JPMorgan Chase & Co.'s dividend payout ratio is currently 27.49%.

About JPMorgan Chase & Co.

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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