JPMorgan Chase & Co. (NYSE:JPM) Stock Price Up 0.8%

Shares of JPMorgan Chase & Co. (NYSE:JPM) were up 0.8% on Monday . The stock traded as high as $187.84 and last traded at $187.35. Approximately 2,396,580 shares traded hands during trading, a decline of 74% from the average daily volume of 9,379,018 shares. The stock had previously closed at $185.80.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on JPM shares. Barclays boosted their price target on shares of JPMorgan Chase & Co. from $186.00 to $212.00 and gave the company an "overweight" rating in a research report on Tuesday, January 2nd. Jefferies Financial Group upped their target price on shares of JPMorgan Chase & Co. from $202.00 to $228.00 and gave the company a "buy" rating in a research report on Monday, April 8th. Piper Sandler decreased their target price on shares of JPMorgan Chase & Co. from $220.00 to $215.00 and set an "overweight" rating on the stock in a research report on Monday, April 15th. Keefe, Bruyette & Woods upped their target price on shares of 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. Finally, Royal Bank of Canada reaffirmed an "outperform" rating and issued a $185.00 target price on shares of JPMorgan Chase & Co. in a research report on Wednesday, March 20th. Eight research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $192.05.

JPMorgan Chase & Co. Price Performance

The company has a 50-day simple moving average of $188.83 and a 200-day simple moving average of $169.25. The stock has a market cap of $544.09 billion, a PE ratio of 11.37, a PEG ratio of 2.34 and a beta of 1.15. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.92 and a quick ratio of 0.91.

JPMorgan Chase & Co. Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Friday, April 5th will be given a $1.15 dividend. This is a boost from JPMorgan Chase & Co.'s previous quarterly dividend of $1.05. The ex-dividend date of this dividend is Thursday, April 4th. This represents a $4.60 annualized dividend and a yield of 2.43%. JPMorgan Chase & Co.'s dividend payout ratio is presently 27.78%.

Insider Activity

In related news, CEO Jennifer Piepszak sold 1,648 shares of JPMorgan Chase & Co. stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $178.96, for a total transaction of $294,926.08. Following the completion of the sale, the chief executive officer now owns 32,819 shares in the company, valued at approximately $5,873,288.24. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, CEO James Dimon sold 821,778 shares of JPMorgan Chase & Co. stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $182.73, for a total value of $150,163,493.94. Following the transaction, the chief executive officer now directly owns 595,316 shares of the company's stock, valued at approximately $108,782,092.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Jennifer Piepszak sold 1,648 shares of the business's stock in a transaction that occurred on Friday, February 16th. The stock was sold at an average price of $178.96, for a total value of $294,926.08. Following the transaction, the chief executive officer now directly owns 32,819 shares in the company, valued at $5,873,288.24. The disclosure for this sale can be found here. Insiders sold a total of 1,020,696 shares of company stock worth $186,794,151 over the last 90 days. 0.79% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On JPMorgan Chase & Co.

Several hedge funds and other institutional investors have recently bought and sold shares of JPM. Stone House Investment Management LLC lifted its position in JPMorgan Chase & Co. by 132.8% during the 4th quarter. Stone House Investment Management LLC now owns 156 shares of the financial services provider's stock worth $27,000 after acquiring an additional 89 shares in the last quarter. Macroview Investment Management LLC lifted its position in JPMorgan Chase & Co. by 7,833.3% during the 3rd quarter. Macroview Investment Management LLC now owns 238 shares of the financial services provider's stock worth $34,000 after acquiring an additional 235 shares in the last quarter. Richardson Capital Management LLC acquired a new position in JPMorgan Chase & Co. during the 1st quarter worth approximately $34,000. Bare Financial Services Inc acquired a new position in JPMorgan Chase & Co. during the 4th quarter worth approximately $35,000. Finally, Partnership Wealth Management LLC acquired a new position in JPMorgan Chase & Co. during the 4th quarter worth approximately $36,000. 71.55% of the stock is owned by institutional investors and hedge funds.

About JPMorgan Chase & Co.

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.