James Dimon Sells 178,222 Shares of JPMorgan Chase & Co. (NYSE:JPM) Stock

JPMorgan Chase & Co. (NYSE:JPM) CEO James Dimon sold 178,222 shares of JPMorgan Chase & Co. stock in a transaction that occurred on Monday, April 15th. The stock was sold at an average price of $184.18, for a total value of $32,824,927.96. Following the sale, the chief executive officer now directly owns 264,461 shares of the company's stock, valued at $48,708,426.98. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

James Dimon also recently made the following trade(s):

• On Thursday, February 22nd, James Dimon sold 821,778 shares of JPMorgan Chase & Co. stock. The shares were sold at an average price of $182.73, for a total transaction of $150,163,493.94.

JPMorgan Chase & Co. Trading Up 0.1 %

NYSE JPM traded up $0.11 on Monday, hitting $182.90. The company's stock had a trading volume of 14,762,345 shares, compared to its average volume of 9,327,246. The company's 50-day moving average is $188.28 and its 200 day moving average is $168.17. The firm has a market cap of $525.31 billion, a PE ratio of 11.04, a PEG ratio of 2.32 and a beta of 1.15. JPMorgan Chase & Co. has a 1-year low of $131.81 and a 1-year high of $200.94. The company has a quick ratio of 0.91, a current ratio of 0.92 and a debt-to-equity ratio of 1.29.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last posted its quarterly earnings data on Friday, January 12th. The financial services provider reported $3.04 earnings per share for the quarter, missing analysts' consensus estimates of $3.73 by ($0.69). The company had revenue of $38.57 billion during the quarter, compared to analyst estimates of $39.73 billion. JPMorgan Chase & Co. had a net margin of 20.05% and a return on equity of 17.79%. The business's revenue for the quarter was up 11.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.57 earnings per share. As a group, analysts predict that JPMorgan Chase & Co. will post 15.78 earnings per share for the current fiscal year.

JPMorgan Chase & Co. Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Friday, April 5th will be paid a $1.15 dividend. This is a boost from JPMorgan Chase & Co.'s previous quarterly dividend of $1.05. The ex-dividend date is Thursday, April 4th. This represents a $4.60 annualized dividend and a dividend yield of 2.52%. JPMorgan Chase & Co.'s dividend payout ratio is presently 27.78%.

Wall Street Analyst Weigh In

Several analysts have weighed in on the stock. Piper Sandler dropped their price objective on shares of JPMorgan Chase & Co. from $220.00 to $215.00 and set an "overweight" rating for the company in a research note on Monday. Jefferies Financial Group raised their price objective on JPMorgan Chase & Co. from $202.00 to $228.00 and gave the stock a "buy" rating in a research note on Monday, April 8th. Keefe, Bruyette & Woods upped their target price on JPMorgan Chase & Co. from $182.00 to $195.00 and gave the company a "market perform" rating in a research report on Friday, April 5th. Oppenheimer decreased their price target on JPMorgan Chase & Co. from $219.00 to $217.00 and set an "outperform" rating on the stock in a research report on Monday. Finally, Evercore ISI upped their price objective on shares of JPMorgan Chase & Co. from $188.00 to $210.00 and gave the stock an "outperform" rating in a research report on Thursday, April 4th. Eight analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $190.56.

Hedge Funds Weigh In On JPMorgan Chase & Co.

A number of hedge funds and other institutional investors have recently made changes to their positions in JPM. Valicenti Advisory Services Inc. boosted its position in shares of JPMorgan Chase & Co. by 2.9% during the 3rd quarter. Valicenti Advisory Services Inc. now owns 79,891 shares of the financial services provider's stock valued at $11,586,000 after purchasing an additional 2,220 shares in the last quarter. Etfidea LLC boosted its holdings in shares of JPMorgan Chase & Co. by 5.4% during the 4th quarter. Etfidea LLC now owns 1,937 shares of the financial services provider's stock worth $329,000 after buying an additional 100 shares in the last quarter. TKG Advisors LLC grew its position in shares of JPMorgan Chase & Co. by 97.6% during the 3rd quarter. TKG Advisors LLC now owns 13,205 shares of the financial services provider's stock worth $1,915,000 after buying an additional 6,521 shares during the period. Alley Investment Management Company LLC increased its stake in shares of JPMorgan Chase & Co. by 0.4% in the 3rd quarter. Alley Investment Management Company LLC now owns 126,913 shares of the financial services provider's stock valued at $18,405,000 after acquiring an additional 530 shares in the last quarter. Finally, Allen Investment Management LLC increased its stake in shares of JPMorgan Chase & Co. by 15.8% in the 3rd quarter. Allen Investment Management LLC now owns 174,738 shares of the financial services provider's stock valued at $25,341,000 after acquiring an additional 23,894 shares in the last quarter. 71.55% of the stock is owned by institutional investors and hedge funds.

JPMorgan Chase & Co. Company Profile

JPMorgan Chase & Co operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers deposit, investment and lending products, cash management, and payments and services; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, auto loans, leases, and travel services to consumers and small businesses through bank branches, ATMs, and digital and telephone banking.