JPMorgan Chase & Co. (NYSE:JPM) Holdings Lessened by SS&H Financial Advisors Inc.

SS&H Financial Advisors Inc. trimmed its holdings in JPMorgan Chase & Co. (NYSE:JPM - Free Report) by 1.1% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 105,398 shares of the financial services provider's stock after selling 1,134 shares during the quarter. JPMorgan Chase & Co. makes up approximately 9.6% of SS&H Financial Advisors Inc.'s holdings, making the stock its biggest position. SS&H Financial Advisors Inc.'s holdings in JPMorgan Chase & Co. were worth $25,854,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. JPMorgan Chase & Co. boosted its stake in JPMorgan Chase & Co. by 7.7% during the third quarter. JPMorgan Chase & Co. now owns 4,450,775 shares of the financial services provider's stock worth $938,491,000 after buying an additional 319,730 shares during the period. Capital & Planning LLC boosted its position in JPMorgan Chase & Co. by 13.3% during the fourth quarter. Capital & Planning LLC now owns 2,357 shares of the financial services provider's stock valued at $565,000 after purchasing an additional 276 shares in the last quarter. Financial Partners Group Inc grew its position in shares of JPMorgan Chase & Co. by 4.8% in the 4th quarter. Financial Partners Group Inc now owns 5,235 shares of the financial services provider's stock worth $1,255,000 after buying an additional 239 shares during the last quarter. Brighton Jones LLC increased its position in shares of JPMorgan Chase & Co. by 11.0% during the fourth quarter. Brighton Jones LLC now owns 48,732 shares of the financial services provider's stock worth $11,682,000 after purchasing an additional 4,841 shares in the last quarter. Finally, Union Bancaire Privee UBP SA purchased a new stake in JPMorgan Chase & Co. in the fourth quarter valued at about $66,088,000. 71.55% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on JPM. TD Cowen started coverage on shares of JPMorgan Chase & Co. in a research report on Thursday, May 15th. They set a "buy" rating and a $305.00 target price on the stock. TD Securities reissued a "buy" rating on shares of JPMorgan Chase & Co. in a report on Wednesday. Baird R W upgraded JPMorgan Chase & Co. from a "strong sell" rating to a "hold" rating in a research note on Friday, March 7th. Bank of America dropped their price target on JPMorgan Chase & Co. from $285.00 to $284.00 and set a "buy" rating on the stock in a research note on Wednesday, April 2nd. Finally, Piper Sandler reissued a "hold" rating on shares of JPMorgan Chase & Co. in a report on Monday. Thirteen research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat.com, JPMorgan Chase & Co. presently has an average rating of "Hold" and an average target price of $267.15.

JPMorgan Chase & Co. Price Performance

NYSE JPM traded down $2.44 on Thursday, hitting $261.78. The company had a trading volume of 8,165,672 shares, compared to its average volume of 9,543,601. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.88 and a quick ratio of 0.89. The company has a market capitalization of $727.52 billion, a PE ratio of 13.26, a PEG ratio of 2.83 and a beta of 1.08. JPMorgan Chase & Co. has a 12-month low of $190.88 and a 12-month high of $280.25. The company's fifty day moving average price is $246.91 and its 200-day moving average price is $249.59.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last issued 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 net margin of 20.96% and a return on equity of 16.99%. The firm had revenue of $45.30 billion for the quarter, compared to analyst estimates of $43.62 billion. During the same period last year, the company posted $4.44 EPS. JPMorgan Chase & Co.'s quarterly revenue was up 8.0% compared to the same quarter last year. As a group, analysts predict that JPMorgan Chase & Co. will post 18.1 earnings per share for the current year.

JPMorgan Chase & Co. Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 31st. Stockholders of record on Thursday, July 3rd will be given a $1.40 dividend. This represents a $5.60 dividend on an annualized basis and a dividend yield of 2.14%. The ex-dividend date of this dividend is Thursday, July 3rd. JPMorgan Chase & Co.'s dividend payout ratio (DPR) is 27.49%.

Insider Activity at JPMorgan Chase & Co.

In related news, COO Jennifer Piepszak sold 4,272 shares of the company's stock in a transaction that occurred on Monday, March 24th. The stock was sold at an average price of $247.03, for a total value of $1,055,312.16. Following the transaction, the chief operating officer now directly owns 50,197 shares in the company, valued at approximately $12,400,164.91. This represents a 7.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Robin Leopold sold 1,250 shares of the firm's stock in a transaction on Monday, March 24th. The stock was sold at an average price of $246.92, for a total value of $308,650.00. Following the sale, the insider now directly owns 49,127 shares of the company's stock, valued at approximately $12,130,438.84. This trade represents a 2.48% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 95,594 shares of company stock valued at $23,991,061. Corporate insiders own 0.47% of the company's stock.

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.