Northwest Quadrant Wealth Management LLC Takes $320,000 Position in JPMorgan Chase & Co. (NYSE:JPM)

Northwest Quadrant Wealth Management LLC acquired a new position in shares of JPMorgan Chase & Co. (NYSE:JPM - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 1,335 shares of the financial services provider's stock, valued at approximately $320,000.

A number of other institutional investors have also recently added to or reduced their stakes in JPM. Norges Bank acquired a new position in JPMorgan Chase & Co. during the 4th quarter worth $8,310,884,000. Northern Trust Corp lifted its holdings in shares of JPMorgan Chase & Co. by 15.4% in the 4th quarter. Northern Trust Corp now owns 33,845,676 shares of the financial services provider's stock valued at $8,113,147,000 after purchasing an additional 4,515,147 shares during the last quarter. Proficio Capital Partners LLC lifted its holdings in shares of JPMorgan Chase & Co. by 34,259.3% in the 4th quarter. Proficio Capital Partners LLC now owns 3,499,499 shares of the financial services provider's stock valued at $838,865,000 after purchasing an additional 3,489,314 shares during the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its holdings in shares of JPMorgan Chase & Co. by 31.4% in the 4th quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 10,684,810 shares of the financial services provider's stock valued at $2,561,256,000 after purchasing an additional 2,551,899 shares during the last quarter. Finally, APG Asset Management N.V. raised its stake in JPMorgan Chase & Co. by 457.7% during the 4th quarter. APG Asset Management N.V. now owns 2,725,473 shares of the financial services provider's stock valued at $630,925,000 after acquiring an additional 2,236,740 shares during the last quarter. Hedge funds and other institutional investors own 71.55% of the company's stock.

Analysts Set New Price Targets

JPM has been the subject of several analyst reports. Truist Financial set a $261.00 price objective on JPMorgan Chase & Co. in a research note on Monday, April 14th. Bank of America dropped their price objective on JPMorgan Chase & Co. from $285.00 to $284.00 and set a "buy" rating for the company in a research note on Wednesday, April 2nd. KGI Securities initiated coverage on JPMorgan Chase & Co. in a report on Sunday, April 13th. They set a "hold" rating on the stock. 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, UBS Group increased their target price on JPMorgan Chase & Co. from $277.00 to $305.00 and gave the stock a "buy" rating in a research report on Thursday, April 17th. Eleven research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $258.26.

Insider Buying and Selling at JPMorgan Chase & Co.

In other news, insider Robin Leopold sold 1,250 shares of JPMorgan Chase & Co. stock in a transaction that occurred on Monday, March 24th. The stock was sold at an average price of $246.92, for a total transaction of $308,650.00. Following the sale, the insider now owns 49,127 shares of the company's stock, valued at approximately $12,130,438.84. The trade was a 2.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible 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 approximately $14,698,459.65. The trade was a 7.27% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 129,188 shares of company stock worth $33,095,363 over the last ninety days. Company insiders own 0.47% of the company's stock.

JPMorgan Chase & Co. Stock Up 0.1%

Shares of NYSE JPM traded up $0.16 during midday trading on Friday, reaching $267.65. 8,920,049 shares of the company's stock were exchanged, compared to its average volume of 9,647,445. JPMorgan Chase & Co. has a 52-week low of $190.88 and a 52-week high of $280.25. The stock has a market capitalization of $743.83 billion, a PE ratio of 13.56, a price-to-earnings-growth ratio of 2.83 and a beta of 1.07. The company has a debt-to-equity ratio of 1.24, a quick ratio of 0.89 and a current ratio of 0.88. The business's fifty day moving average price is $240.72 and its two-hundred day moving average price is $247.08.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last posted its quarterly earnings results on Friday, April 11th. The financial services provider reported $5.07 EPS for the quarter, topping analysts' consensus estimates of $4.63 by $0.44. The business had revenue of $45.30 billion during the quarter, compared to the consensus estimate of $43.62 billion. JPMorgan Chase & Co. had a return on equity of 16.99% and a net margin of 20.96%. The company's revenue for the quarter was up 8.0% compared to the same quarter last year. During the same period last year, the firm earned $4.44 earnings per share. Analysts forecast that JPMorgan Chase & Co. will post 18.1 EPS for the current year.

JPMorgan Chase & Co. Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 30th. Shareholders of record on Friday, April 4th were paid a $1.40 dividend. This is an increase from JPMorgan Chase & Co.'s previous quarterly dividend of $1.25. This represents a $5.60 dividend on an annualized basis and a yield of 2.09%. The ex-dividend date was Friday, April 4th. JPMorgan Chase & Co.'s payout ratio is presently 27.49%.

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.