JPMorgan Chase & Co. (NYSE:JPM) Shares Sold by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. trimmed its holdings in shares of JPMorgan Chase & Co. (NYSE:JPM - Free Report) by 2.1% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,469,165 shares of the financial services provider's stock after selling 73,344 shares during the period. JPMorgan Chase & Co. accounts for about 1.7% of Robeco Institutional Asset Management B.V.'s holdings, making the stock its 8th largest holding. Robeco Institutional Asset Management B.V. owned about 0.12% of JPMorgan Chase & Co. worth $850,986,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of JPM. Sequoia Financial Advisors LLC increased its position in JPMorgan Chase & Co. by 19.2% during the first quarter. Sequoia Financial Advisors LLC now owns 348,688 shares of the financial services provider's stock worth $85,533,000 after buying an additional 56,110 shares during the period. Kavar Capital Partners Group LLC grew its position in shares of JPMorgan Chase & Co. by 2.2% during the first quarter. Kavar Capital Partners Group LLC now owns 43,132 shares of the financial services provider's stock worth $10,580,000 after acquiring an additional 915 shares during the last quarter. Terra Nova Asset Management LLC acquired a new position in shares of JPMorgan Chase & Co. in the 1st quarter valued at $2,018,000. Aspetuck Financial Management LLC purchased a new stake in JPMorgan Chase & Co. in the 1st quarter valued at $2,750,000. Finally, Security National Bank boosted its stake in JPMorgan Chase & Co. by 4.1% during the 1st quarter. Security National Bank now owns 36,793 shares of the financial services provider's stock worth $9,025,000 after purchasing an additional 1,458 shares during the period. 71.55% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Chase & Co. Price Performance

JPM traded up $1.44 on Wednesday, hitting $291.85. 8,104,339 shares of the company were exchanged, compared to its average volume of 9,523,896. 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 business's fifty day moving average is $263.87 and its 200 day moving average is $253.51. JPMorgan Chase & Co. has a fifty-two week low of $190.90 and a fifty-two week high of $293.01. The firm has a market capitalization of $811.08 billion, a P/E ratio of 14.33, a price-to-earnings-growth ratio of 2.70 and a beta of 1.10.

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, topping analysts' consensus estimates of $4.63 by $0.44. The business had revenue of $45.30 billion for 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 revenue was up 8.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $4.44 EPS. As a group, sell-side analysts anticipate that JPMorgan Chase & Co. will post 18.1 EPS for the current year.

JPMorgan Chase & Co. Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 31st. Stockholders of record on Thursday, July 3rd will be paid a dividend of $1.40 per share. This represents a $5.60 annualized dividend and a dividend yield of 1.92%. The ex-dividend date of this dividend is Thursday, July 3rd. JPMorgan Chase & Co.'s dividend payout ratio (DPR) is presently 27.49%.

Wall Street Analyst Weigh In

A number of research analysts have commented on JPM shares. Royal Bank Of Canada restated a "hold" rating on shares of JPMorgan Chase & Co. in a research note on Monday, June 2nd. TD Securities restated a "buy" rating on shares of JPMorgan Chase & Co. in a research report on Wednesday, June 4th. Bank of America upped their price objective on JPMorgan Chase & Co. from $300.00 to $325.00 and gave the company a "buy" rating in a research note on Wednesday, June 18th. Wells Fargo & Company increased their price objective on JPMorgan Chase & Co. from $300.00 to $320.00 and gave the stock an "overweight" rating in a research report on Tuesday, June 10th. Finally, Cowen reissued a "buy" rating on shares of JPMorgan Chase & Co. in a report on Tuesday, May 20th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $274.80.

Insider Buying and Selling at JPMorgan Chase & Co.

In other JPMorgan Chase & Co. news, General Counsel Stacey Friedman sold 2,821 shares of the company's stock in a transaction dated Tuesday, May 20th. The shares were sold at an average price of $265.71, for a total value of $749,567.91. Following the sale, the general counsel owned 68,757 shares of the company's stock, valued at $18,269,422.47. This represents a 3.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Jennifer Piepszak sold 6,128 shares of the stock in a transaction that occurred on Thursday, June 5th. The shares were sold at an average price of $262.47, for a total transaction of $1,608,416.16. Following the completion of the sale, the chief operating officer owned 62,455 shares in the company, valued at $16,392,563.85. This represents a 8.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 71,200 shares of company stock valued at $18,060,015 over the last 90 days. 0.47% of the stock is currently owned by corporate 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.