Foster Victor Wealth Advisors LLC Buys 5,485 Shares of JPMorgan Chase & Co. $JPM

Key Points

• Foster Victor Wealth Advisors increased its stake in JPMorgan by 64%, buying 5,485 shares to hold 14,057 shares valued at about $4.39 million.
• JPMorgan beat Q1 expectations, reporting $5.94 EPS and $50.54 billion in revenue (up 10% year-over-year), both above consensus estimates.
• The bank announced a quarterly dividend of $1.50 per share (annualized $6.00, ~1.9% yield; ex-dividend April 6, payable April 30), while insiders sold roughly 71,908 shares (~$22.1 million) over the past three months.

Foster Victor Wealth Advisors LLC grew its stake in shares of JPMorgan Chase & Co. (NYSE:JPM) by 64.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 14,057 shares of the financial services provider's stock after buying an additional 5,485 shares during the quarter. Foster Victor Wealth Advisors LLC's holdings in JPMorgan Chase & Co. were worth $4,392,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of JPM. Mountain Hill Investment Partners Corp. acquired a new stake in shares of JPMorgan Chase & Co. during the 3rd quarter valued at $32,000. Turning Point Benefit Group Inc. acquired a new position in JPMorgan Chase & Co. in the 3rd quarter worth about $35,000. Miller Global Investments LLC acquired a new position in JPMorgan Chase & Co. in the 4th quarter worth about $52,000. Collier Financial acquired a new position in JPMorgan Chase & Co. in the 3rd quarter worth about $60,000. Finally, Decker Retirement Planning Inc. raised its position in JPMorgan Chase & Co. by 56.3% in the third quarter. Decker Retirement Planning Inc. now owns 236 shares of the financial services provider's stock valued at $74,000 after purchasing an additional 85 shares during the last quarter. 71.55% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Chase & Co. Trading Down 0.4%

NYSE JPM opened at $311.91 on Friday. The business's 50-day moving average price is $298.67 and its two-hundred day moving average price is $306.84. JPMorgan Chase & Co. has a 12 month low of $237.58 and a 12 month high of $337.25. The firm has a market capitalization of $836.62 billion, a PE ratio of 14.94, a price-to-earnings-growth ratio of 1.53 and a beta of 1.05. The company has a current ratio of 0.86, a quick ratio of 0.85 and a debt-to-equity ratio of 1.30.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last issued its quarterly earnings results on Tuesday, April 14th. The financial services provider reported $5.94 earnings per share for the quarter, beating the consensus estimate of $5.50 by $0.44. JPMorgan Chase & Co. had a return on equity of 17.54% and a net margin of 20.66%.The company had revenue of $50.54 billion during the quarter, compared to analysts' expectations of $48.30 billion. During the same quarter in the prior year, the firm posted $5.07 earnings per share. The business's quarterly revenue was up 10.0% on a year-over-year basis. On average, analysts expect that JPMorgan Chase & Co. will post 22.34 EPS for the current year.

JPMorgan Chase & Co. Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Monday, April 6th will be given a dividend of $1.50 per share. This represents a $6.00 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend is Monday, April 6th. JPMorgan Chase & Co.'s dividend payout ratio is currently 28.74%.

Wall Street Analysts Forecast Growth

JPM has been the topic of a number of recent research reports. Wall Street Zen raised JPMorgan Chase & Co. from a "sell" rating to a "hold" rating in a research note on Sunday, January 18th. Argus upped their price objective on JPMorgan Chase & Co. from $340.00 to $355.00 and gave the company a "buy" rating in a research note on Wednesday, April 15th. Daiwa Securities Group dropped their price objective on shares of JPMorgan Chase & Co. from $340.00 to $328.00 and set an "outperform" rating for the company in a report on Tuesday, April 7th. Wolfe Research downgraded shares of JPMorgan Chase & Co. from an "outperform" rating to a "peer perform" rating in a research report on Wednesday, January 7th. Finally, Jefferies Financial Group boosted their target price on shares of JPMorgan Chase & Co. from $310.00 to $320.00 and gave the stock a "hold" rating in a report on Wednesday, April 15th. Fifteen equities research analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $336.16.

More JPMorgan Chase & Co. News

Here are the key news stories impacting JPMorgan Chase & Co. this week:

• Positive Sentiment: Evercore ISI raised its JPM price target to $340, citing exceptional Q1 results and stronger-than-expected performance — a bullish analyst signal that supports upside expectations. Evercore ISI Boosts JPMorgan Chase & Co. (JPM) Valuation to $340
• Positive Sentiment: JPMorgan's asset-management arm is ramping a private-credit push that will deploy “tens of billions” into loans sourced by commercial bankers — this could lift fee income and diversify higher‑margin lending. JPMorgan Readies Fresh Private Credit Push After Needling Market
• Positive Sentiment: JPMorgan is close to arranging a record ~$38B loan for Oracle’s data-center buildout — a large syndicated deal that generates fees and strengthens corporate banking relationships. JPMorgan Chase & Co. (JPM) Closing in on Record $38B Oracle Data Center Loan
• Positive Sentiment: JPMorganChase expanded its Security and Resilience Initiative into Continental Europe, signaling growth in client advisory and financing work tied to critical industries. JPMorganChase Extends Critical Industries Investment Program to Continental Europe
• Neutral Sentiment: JPMorgan issued $10 billion in registered public debt — a financing move that boosts liquidity/capital flexibility but increases liabilities; impact on EPS and capital ratios should be modest/managed. JPMorgan Chase Issues $10 Billion in New Debt
• Neutral Sentiment: JPMorgan/affiliates reduced reported holdings in smaller names (West African Resources, a2 Milk) — routine portfolio rebalancing with limited read-through to JPM’s core franchise. JPMorgan Ceases to Be Substantial Holder in West African Resources
• Negative Sentiment: JPMorgan warned investors as a fresh wave of crypto/DeFi exploits has triggered large withdrawals and a flight to safety — increased risk aversion can pressure trading revenues, market-related fees and investor flows. JPMorgan issues blunt warning as investors move to safety

Insider Buying and Selling at JPMorgan Chase & Co.

In other JPMorgan Chase & Co. news, CEO Troy L. Rohrbaugh sold 50,000 shares of the firm's stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $307.11, for a total transaction of $15,355,500.00. Following the completion of the transaction, the chief executive officer owned 111,279 shares in the company, valued at approximately $34,174,893.69. This trade represents a 31.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Robin Leopold sold 433 shares of the business's stock in a transaction that occurred on Monday, March 23rd. The stock was sold at an average price of $295.06, for a total transaction of $127,760.98. Following the completion of the transaction, the insider owned 64,920 shares in the company, valued at $19,155,295.20. This trade represents a 0.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 71,908 shares of company stock worth $22,065,882. Company insiders own 0.47% of the company's stock.

JPMorgan Chase & Co. Profile

JPMorgan Chase & Co NYSE: JPM is a diversified global financial services firm headquartered in New York City. The company provides a wide range of banking and financial products and services to consumers, small businesses, corporations, governments and institutional investors worldwide. Its operations span retail banking, commercial lending, investment banking, asset management, payments and card services, and treasury and securities services.

The firm's principal business activities are organized across several core lines: Consumer & Community Banking, which offers deposit accounts, mortgages, auto loans, credit cards and branch and digital banking under the Chase brand; Corporate & Investment Banking, which provides capital markets, advisory, underwriting, trading and risk management services; Commercial Banking, delivering lending, treasury and capital solutions to middle-market and corporate clients; and Asset & Wealth Management, which offers investment management, private banking and retirement services to institutions and high-net-worth individuals.

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