JPMorgan Chase & Co. (NYSE:JPM) Shares Down 0.2%

JPMorgan Chase & Co. (NYSE:JPM)'s share price was down 0.2% on Wednesday . The stock traded as low as $190.17 and last traded at $191.71. Approximately 1,553,488 shares changed hands during trading, a decline of 83% from the average daily volume of 9,393,007 shares. The stock had previously closed at $192.14.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on JPM. Oppenheimer cut their price target on JPMorgan Chase & Co. from $219.00 to $217.00 and set an "outperform" rating for the company in a report on Monday, April 15th. UBS Group reduced their target price on shares of JPMorgan Chase & Co. from $226.00 to $219.00 and set a "buy" rating on the stock in a report on Tuesday, April 16th. Morgan Stanley lowered their price target on shares of JPMorgan Chase & Co. from $221.00 to $216.00 and set an "overweight" rating for the company in a report on Monday, April 15th. Jefferies Financial Group upped their price objective on shares of JPMorgan Chase & Co. from $202.00 to $228.00 and gave the company a "buy" rating in a research note on Monday, April 8th. Finally, Bank of America lifted their target price on shares of JPMorgan Chase & Co. from $177.00 to $188.00 and gave the stock a "buy" rating in a research note on Thursday, January 4th. Eight analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $192.05.

JPMorgan Chase & Co. Stock Performance

The company has a current ratio of 0.92, a quick ratio of 0.91 and a debt-to-equity ratio of 1.29. The firm has a market cap of $554.54 billion, a PE ratio of 11.66, a P/E/G ratio of 2.38 and a beta of 1.15. The stock's 50 day moving average price is $189.80 and its 200 day moving average price is $170.07.

JPMorgan Chase & Co. Increases Dividend

The business 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. The ex-dividend date is Thursday, April 4th. This is a positive change from JPMorgan Chase & Co.'s previous quarterly dividend of $1.05. This represents a $4.60 annualized dividend and a yield of 2.38%. JPMorgan Chase & Co.'s dividend payout ratio (DPR) is 27.78%.

Insider Transactions at JPMorgan Chase & Co.

In related news, Vice Chairman Peter Scher sold 1,810 shares of the firm's stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $178.96, for a total transaction of $323,917.60. Following the sale, the insider now directly owns 44,956 shares in the company, valued at approximately $8,045,325.76. The sale was disclosed in a document filed with the SEC, which is accessible through this link. In other news, CEO Jennifer Piepszak sold 1,648 shares of the firm's 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 directly owns 32,819 shares in the company, valued at $5,873,288.24. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Vice Chairman Peter Scher sold 1,810 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 value of $323,917.60. Following the sale, the insider now directly owns 44,956 shares in the company, valued at $8,045,325.76. The disclosure for this sale can be found here. Insiders sold 1,020,696 shares of company stock valued at $186,794,151 over the last quarter. Company insiders own 0.79% of the company's stock.

Institutional Investors Weigh In On JPMorgan Chase & Co.

Hedge funds have recently bought and sold shares of the business. Stone House Investment Management LLC raised its position in shares of 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 purchasing an additional 89 shares during the period. Richardson Capital Management LLC bought a new position in JPMorgan Chase & Co. during the 1st quarter worth $34,000. Kathleen S. Wright Associates Inc. acquired a new stake in JPMorgan Chase & Co. in the first quarter worth $40,000. Bare Financial Services Inc bought a new stake in JPMorgan Chase & Co. in the fourth quarter valued at $35,000. Finally, Partnership Wealth Management LLC acquired a new position in shares of JPMorgan Chase & Co. during the fourth quarter valued at $36,000. Institutional investors and hedge funds own 71.55% of the company's stock.

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.