JPMorgan Chase & Co. (NYSE:JPM) Position Boosted by Francis Financial Inc.

Francis Financial Inc. raised its stake in shares of JPMorgan Chase & Co. (NYSE:JPM - Free Report) by 45.9% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 3,714 shares of the financial services provider's stock after buying an additional 1,168 shares during the period. Francis Financial Inc.'s holdings in JPMorgan Chase & Co. were worth $890,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. JPMorgan Chase & Co. increased its stake in JPMorgan Chase & Co. by 7.7% during the 3rd 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 in the last quarter. Regent Peak Wealth Advisors LLC increased its stake in JPMorgan Chase & Co. by 2.3% during the 4th quarter. Regent Peak Wealth Advisors LLC now owns 6,517 shares of the financial services provider's stock worth $1,562,000 after buying an additional 148 shares in the last quarter. Fortitude Family Office LLC increased its stake in JPMorgan Chase & Co. by 15.5% during the 4th quarter. Fortitude Family Office LLC now owns 12,004 shares of the financial services provider's stock worth $2,877,000 after buying an additional 1,615 shares in the last quarter. Baker Tilly Wealth Management LLC increased its stake in JPMorgan Chase & Co. by 4.2% during the 4th quarter. Baker Tilly Wealth Management LLC now owns 11,285 shares of the financial services provider's stock worth $2,705,000 after buying an additional 459 shares in the last quarter. Finally, ST Germain D J Co. Inc. increased its stake in JPMorgan Chase & Co. by 0.7% during the 4th quarter. ST Germain D J Co. Inc. now owns 192,444 shares of the financial services provider's stock worth $46,131,000 after buying an additional 1,282 shares in the last quarter. Hedge funds and other institutional investors own 71.55% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on JPM shares. UBS Group boosted their target price on JPMorgan Chase & Co. from $277.00 to $305.00 and gave the stock a "buy" rating in a report on Thursday, April 17th. Truist Financial set a $261.00 price objective on JPMorgan Chase & Co. in a report on Monday, April 14th. Bank of America decreased their price objective on JPMorgan Chase & Co. from $285.00 to $284.00 and set a "buy" rating on the stock in a report on Wednesday, April 2nd. Evercore ISI decreased their price objective on JPMorgan Chase & Co. from $273.00 to $265.00 and set an "outperform" rating on the stock in a report on Tuesday, April 1st. Finally, Keefe, Bruyette & Woods upped their price objective on JPMorgan Chase & Co. from $257.00 to $264.00 and gave the company a "market perform" rating in a report on Thursday, January 16th. One analyst has rated the stock with a sell rating, ten have issued a hold rating and ten have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $255.67.

JPMorgan Chase & Co. Stock Up 2.6%

JPMorgan Chase & Co. stock traded up $6.59 during midday trading on Monday, reaching $259.67. The company's stock had a trading volume of 9,588,285 shares, compared to its average volume of 9,634,246. JPMorgan Chase & Co. has a fifty-two week low of $190.88 and a fifty-two week high of $280.25. The company has a quick ratio of 0.89, a current ratio of 0.88 and a debt-to-equity ratio of 1.24. The company has a market cap of $721.66 billion, a P/E ratio of 13.15, a P/E/G ratio of 2.83 and a beta of 1.07. The business has a 50-day simple moving average of $238.28 and a 200-day simple moving average of $245.82.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last posted 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. 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 in the previous year, the business earned $4.44 EPS. The business's quarterly revenue was up 8.0% on a year-over-year basis. On average, research analysts expect that JPMorgan Chase & Co. will post 18.1 earnings per share for the current fiscal year.

JPMorgan Chase & Co. Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 30th. Investors of record on Friday, April 4th were given a $1.40 dividend. This represents a $5.60 annualized dividend and a yield of 2.16%. The ex-dividend date was Friday, April 4th. This is a boost from JPMorgan Chase & Co.'s previous quarterly dividend of $1.25. JPMorgan Chase & Co.'s payout ratio is 27.49%.

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 that occurred on Thursday, February 20th. The stock was sold at an average price of $270.09, for a total value of $337,612.50. Following the sale, the insider now owns 50,377 shares of the company's stock, valued at approximately $13,606,323.93. The trade was a 2.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Jennifer Piepszak sold 4,273 shares of the business's stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $269.85, for a total value of $1,153,069.05. Following the sale, the chief operating officer now directly owns 54,469 shares in the company, valued at $14,698,459.65. This trade represents a 7.27% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 129,188 shares of company stock worth $33,095,363 in the last quarter. Company insiders own 0.47% of the company's stock.

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.