Focus Partners Advisor Solutions LLC Purchases 16,799 Shares of JPMorgan Chase & Co. (NYSE:JPM)

Focus Partners Advisor Solutions LLC boosted its position in shares of JPMorgan Chase & Co. (NYSE:JPM) by 34.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 66,209 shares of the financial services provider's stock after acquiring an additional 16,799 shares during the period. Focus Partners Advisor Solutions LLC's holdings in JPMorgan Chase & Co. were worth $15,871,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Kolinsky Wealth Management LLC grew its holdings in JPMorgan Chase & Co. by 4.8% during the 4th quarter. Kolinsky Wealth Management LLC now owns 8,330 shares of the financial services provider's stock valued at $1,997,000 after buying an additional 378 shares in the last quarter. Continuum Advisory LLC grew its holdings in JPMorgan Chase & Co. by 1.5% during the 4th quarter. Continuum Advisory LLC now owns 17,795 shares of the financial services provider's stock valued at $4,266,000 after buying an additional 264 shares in the last quarter. Ames National Corp purchased a new stake in JPMorgan Chase & Co. during the 4th quarter valued at approximately $2,220,000. PharVision Advisers LLC purchased a new stake in JPMorgan Chase & Co. during the 4th quarter valued at approximately $330,000. Finally, Royal Capital Wealth Management LLC grew its holdings in shares of JPMorgan Chase & Co. by 5.1% in the fourth quarter. Royal Capital Wealth Management LLC now owns 21,883 shares of the financial services provider's stock valued at $5,246,000 after purchasing an additional 1,065 shares in the last quarter. Institutional investors own 71.55% of the company's stock.

Insider Activity at JPMorgan Chase & Co.

In other JPMorgan Chase & Co. news, insider Robin Leopold sold 1,250 shares of JPMorgan Chase & Co. stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $270.09, for a total value of $337,612.50. Following the transaction, the insider now owns 50,377 shares in the company, valued at $13,606,323.93. The trade was a 2.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Jeremy Barnum sold 40,014 shares of JPMorgan Chase & Co. stock in a transaction dated Tuesday, May 6th. The shares were sold at an average price of $250.77, for a total value of $10,034,310.78. Following the completion of the transaction, the chief financial officer now owns 18,017 shares in the company, valued at $4,518,123.09. This trade represents a 68.95% decrease in their position. The disclosure for this sale can be found here. Insiders sold 138,617 shares of company stock worth $35,600,742 over the last three months. 0.47% of the stock is owned by corporate insiders.

JPMorgan Chase & Co. Stock Up 0.3%

NYSE:JPM opened at $265.55 on Wednesday. JPMorgan Chase & Co. has a twelve month low of $190.88 and a twelve month high of $280.25. The company has a market cap of $737.99 billion, a price-to-earnings ratio of 13.45, a price-to-earnings-growth ratio of 2.83 and a beta of 1.07. The stock has a fifty day simple moving average of $242.28 and a 200-day simple moving average of $247.67. 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 earnings results on Friday, April 11th. The financial services provider reported $5.07 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $43.62 billion. During the same period last year, the company earned $4.44 earnings per share. The business's revenue for the quarter was up 8.0% compared to the same quarter last year. Analysts anticipate that JPMorgan Chase & Co. will post 18.1 EPS for the current year.

JPMorgan Chase & Co. Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 31st. Investors of record on Thursday, July 3rd will be issued a $1.40 dividend. The ex-dividend date of this dividend is Thursday, July 3rd. This represents a $5.60 annualized dividend and a dividend yield of 2.11%. JPMorgan Chase & Co.'s payout ratio is currently 27.49%.

Wall Street Analysts Forecast Growth

JPM has been the subject of a number of recent research reports. Robert W. Baird raised their target price on shares of JPMorgan Chase & Co. from $220.00 to $235.00 and gave the company a "neutral" rating in a report on Tuesday. TD Securities raised their target price on shares of JPMorgan Chase & Co. from $305.00 to $315.00 and gave the company a "buy" rating in a report on Tuesday. Royal Bank of Canada raised their target price on shares of JPMorgan Chase & Co. from $255.00 to $285.00 and gave the company an "outperform" rating in a report on Tuesday. Evercore ISI cut their target price on shares of JPMorgan Chase & Co. from $273.00 to $265.00 and set an "outperform" rating for the company in a report on Tuesday, April 1st. Finally, UBS Group raised their target price on shares of JPMorgan Chase & Co. from $277.00 to $305.00 and gave the company a "buy" rating in a report on Thursday, April 17th. Eleven analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. According to data from MarketBeat, JPMorgan Chase & Co. currently has an average rating of "Moderate Buy" and a consensus price target of $266.20.

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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