JPMorgan Chase & Co. (NYSE:JPM) Trading Up 0.5%

JPMorgan Chase & Co. (NYSE:JPM) rose 0.5% on Tuesday . The stock traded as high as $192.92 and last traded at $192.87. Approximately 2,374,707 shares were traded during mid-day trading, a decline of 74% from the average daily volume of 9,207,151 shares. The stock had previously closed at $192.00.

Analyst Upgrades and Downgrades

JPM has been the subject of several recent analyst reports. Keefe, Bruyette & Woods upped their target price on shares of JPMorgan Chase & Co. from $182.00 to $195.00 and gave the stock a "market perform" rating in a research report on Friday, April 5th. Jefferies Financial Group lifted their target price on JPMorgan Chase & Co. from $202.00 to $228.00 and gave the company a "buy" rating in a research report on Monday, April 8th. Evercore ISI raised their price target on shares of JPMorgan Chase & Co. from $188.00 to $210.00 and gave the stock an "outperform" rating in a research note on Thursday, April 4th. Deutsche Bank Aktiengesellschaft upgraded shares of JPMorgan Chase & Co. from a "hold" rating to a "buy" rating and increased their target price for the stock from $140.00 to $190.00 in a report on Tuesday, January 9th. Finally, BMO Capital Markets lowered their price target on shares of JPMorgan Chase & Co. from $196.00 to $195.00 and set a "market perform" rating on the stock in a research note on Monday, April 15th. Eight investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $192.05.

JPMorgan Chase & Co. Price Performance

The company has a 50 day moving average of $191.74 and a two-hundred day moving average of $173.16. The firm has a market cap of $550.79 billion, a P/E ratio of 11.58, a PEG ratio of 2.38 and a beta of 1.13. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 1.29.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last released its earnings results on Friday, April 12th. The financial services provider reported $4.63 EPS for the quarter, beating the consensus estimate of $4.18 by $0.45. The firm had revenue of $41.93 billion during the quarter, compared to analysts' expectations of $40.90 billion. JPMorgan Chase & Co. had a net margin of 20.05% and a return on equity of 17.79%. Sell-side analysts expect that JPMorgan Chase & Co. will post 15.98 EPS for the current year.

JPMorgan Chase & Co. Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Friday, April 5th were issued a dividend of $1.15 per share. This is a boost from JPMorgan Chase & Co.'s previous quarterly dividend of $1.05. This represents a $4.60 annualized dividend and a yield of 2.40%. The ex-dividend date was Thursday, April 4th. JPMorgan Chase & Co.'s payout ratio is currently 27.78%.

Insiders Place Their Bets

In other JPMorgan Chase & Co. news, insider Lori A. Beer sold 3,920 shares of JPMorgan Chase & Co. stock in a transaction dated Monday, March 25th. The stock was sold at an average price of $195.36, for a total value of $765,811.20. Following the sale, the insider now owns 64,783 shares of the company's stock, valued at approximately $12,656,006.88. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, CEO Jennifer Piepszak sold 1,648 shares of the company's stock in a transaction on 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 directly owns 32,819 shares in the company, valued at approximately $5,873,288.24. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Lori A. Beer sold 3,920 shares of the company's stock in a transaction that occurred on Monday, March 25th. The stock was sold at an average price of $195.36, for a total transaction of $765,811.20. Following the sale, the insider now directly owns 64,783 shares of the company's stock, valued at approximately $12,656,006.88. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 1,042,525 shares of company stock worth $190,961,526. Corporate insiders own 0.79% of the company's stock.

Institutional Trading of JPMorgan Chase & Co.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Stone House Investment Management LLC grew its position in JPMorgan Chase & Co. by 132.8% in the 4th quarter. Stone House Investment Management LLC now owns 156 shares of the financial services provider's stock valued at $27,000 after purchasing an additional 89 shares during the period. Retirement Group LLC lifted its position in JPMorgan Chase & Co. by 227.1% in the 1st quarter. Retirement Group LLC now owns 157 shares of the financial services provider's stock valued at $31,000 after acquiring an additional 109 shares in the last quarter. Macroview Investment Management LLC increased its holdings 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 purchasing an additional 235 shares in the last quarter. Richardson Capital Management LLC purchased a new stake in shares of JPMorgan Chase & Co. in the first quarter worth approximately $34,000. Finally, Bare Financial Services Inc bought a new position in shares of JPMorgan Chase & Co. in the fourth quarter valued at approximately $35,000. 71.55% of the stock is currently 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.