PDS Planning Inc Has $11.69 Million Holdings in JPMorgan Chase & Co. (NYSE:JPM)

PDS Planning Inc grew its position in shares of JPMorgan Chase & Co. (NYSE:JPM - Free Report) by 2.4% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 47,659 shares of the financial services provider's stock after buying an additional 1,095 shares during the period. JPMorgan Chase & Co. comprises 1.0% of PDS Planning Inc's portfolio, making the stock its 22nd largest position. PDS Planning Inc's holdings in JPMorgan Chase & Co. were worth $11,691,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Austin Asset Management Co Inc raised its holdings in shares of JPMorgan Chase & Co. by 24.7% during the first quarter. Austin Asset Management Co Inc now owns 1,085 shares of the financial services provider's stock worth $266,000 after purchasing an additional 215 shares during the period. GenTrust LLC grew its position in shares of JPMorgan Chase & Co. by 10.4% during the 1st quarter. GenTrust LLC now owns 7,877 shares of the financial services provider's stock valued at $1,932,000 after buying an additional 744 shares during the last quarter. KG&L Capital Management LLC raised its stake in JPMorgan Chase & Co. by 1.2% during the first quarter. KG&L Capital Management LLC now owns 52,576 shares of the financial services provider's stock worth $12,779,000 after acquiring an additional 624 shares during the period. Balefire LLC raised its stake in JPMorgan Chase & Co. by 15.4% during the first quarter. Balefire LLC now owns 7,401 shares of the financial services provider's stock worth $1,815,000 after acquiring an additional 985 shares during the period. Finally, Western Financial Corp CA lifted its holdings in JPMorgan Chase & Co. by 11.4% in the first quarter. Western Financial Corp CA now owns 2,604 shares of the financial services provider's stock worth $639,000 after acquiring an additional 267 shares during the last quarter. Institutional investors own 71.55% of the company's stock.

JPMorgan Chase & Co. Price Performance

Shares of JPM stock traded up $4.13 during mid-day trading on Thursday, hitting $296.13. 6,541,646 shares of the stock traded hands, compared to its average volume of 9,527,821. JPMorgan Chase & Co. has a twelve month low of $190.90 and a twelve month high of $296.37. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.89 and a current ratio of 0.89. The company's 50-day simple moving average is $264.89 and its 200-day simple moving average is $253.77. The firm has a market cap of $822.96 billion, a price-to-earnings ratio of 14.54, a price-to-earnings-growth ratio of 2.72 and a beta of 1.10.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last announced its earnings results on Friday, April 11th. The financial services provider reported $5.07 earnings per share for the quarter, beating the consensus estimate of $4.63 by $0.44. The business had revenue of $45.30 billion during the quarter, compared to analysts' expectations of $43.62 billion. JPMorgan Chase & Co. had a return on equity of 16.88% and a net margin of 21.21%. The company's quarterly revenue was up 8.0% on a year-over-year basis. During the same quarter last year, the business posted $4.44 earnings per share. As a group, equities research analysts expect that JPMorgan Chase & Co. will post 18.1 earnings per share for the current year.

JPMorgan Chase & Co. Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 31st. Stockholders of record on Thursday, July 3rd will be given a dividend of $1.40 per share. The ex-dividend date is Thursday, July 3rd. This represents a $5.60 annualized dividend and a dividend yield of 1.89%. JPMorgan Chase & Co.'s dividend payout ratio (DPR) is 27.49%.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. Piper Sandler reaffirmed a "hold" rating on shares of JPMorgan Chase & Co. in a report on Monday, June 2nd. TD Cowen assumed coverage on JPMorgan Chase & Co. in a research note on Thursday, May 15th. They set a "buy" rating and a $305.00 price objective for the company. Royal Bank Of Canada set a $305.00 target price on JPMorgan Chase & Co. and gave the stock an "outperform" rating in a research report on Monday. KGI Securities began coverage on shares of JPMorgan Chase & Co. in a report on Sunday, April 13th. They set a "hold" rating for the company. Finally, Robert W. Baird cut shares of JPMorgan Chase & Co. from a "neutral" rating to an "underperform" rating and set a $235.00 price objective on the stock. in a report on Friday, June 27th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and twelve have issued a buy rating to the stock. According to MarketBeat, JPMorgan Chase & Co. presently has a consensus rating of "Hold" and an average target price of $275.80.

Insider Buying and Selling at JPMorgan Chase & Co.

In other JPMorgan Chase & Co. news, Director Linda Bammann sold 9,500 shares of the company's stock in a transaction on Tuesday, May 6th. The stock was sold at an average price of $250.00, for a total value of $2,375,000.00. Following the transaction, the director owned 91,539 shares of the company's stock, valued at approximately $22,884,750. This represents a 9.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, General Counsel Stacey Friedman sold 6,608 shares of the stock in a transaction on Tuesday, May 20th. The shares were sold at an average price of $265.71, for a total value of $1,755,811.68. Following the sale, the general counsel owned 36,520 shares of the company's stock, valued at $9,703,729.20. This trade represents a 15.32% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 71,200 shares of company stock worth $18,060,015. 0.47% of the stock is currently owned by company insiders.

JPMorgan Chase & Co. 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.