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

JPMorgan Chase & Co. (NYSE:JPM)'s share price traded down 0.2% during trading on Thursday . The company traded as low as $191.18 and last traded at $192.76. 2,350,042 shares were traded during mid-day trading, a decline of 75% from the average session volume of 9,372,604 shares. The stock had previously closed at $193.08.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on JPM shares. Barclays lifted their target price on shares of JPMorgan Chase & Co. from $186.00 to $212.00 and gave the company an "overweight" rating in a research note on Tuesday, January 2nd. Jefferies Financial Group lifted their target price on JPMorgan Chase & Co. from $202.00 to $228.00 and gave the stock a "buy" rating in a report on Monday, April 8th. Evercore ISI raised their target price on shares of JPMorgan Chase & Co. from $188.00 to $210.00 and gave the stock an "outperform" rating in a report on Thursday, April 4th. Keefe, Bruyette & Woods raised their price objective on JPMorgan Chase & Co. from $182.00 to $195.00 and gave the stock a "market perform" rating in a research note on Friday, April 5th. Finally, The Goldman Sachs Group restated a "buy" rating on shares of JPMorgan Chase & Co. in a research report on Thursday, February 1st. Eight research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $192.05.

JPMorgan Chase & Co. Price Performance

The stock has a 50-day simple moving average of $189.80 and a 200 day simple moving average of $170.07. The company has a market cap of $555.12 billion, a PE ratio of 11.67, a P/E/G ratio of 2.42 and a beta of 1.15. 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. Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 30th. Investors of record on Friday, April 5th will be given a dividend of $1.15 per share. This represents a $4.60 dividend on an annualized basis and a dividend yield of 2.38%. This is an increase from JPMorgan Chase & Co.'s previous quarterly dividend of $1.05. The ex-dividend date is Thursday, April 4th. JPMorgan Chase & Co.'s dividend payout ratio (DPR) is presently 27.78%.

Insider Buying and Selling at JPMorgan Chase & Co.

In other news, insider Lori A. Beer sold 3,920 shares of the company's stock in a transaction that occurred on Monday, March 25th. The shares were sold at an average price of $195.36, for a total value of $765,811.20. Following the transaction, the insider now directly owns 64,783 shares in the company, valued at approximately $12,656,006.88. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In related news, CEO James Dimon sold 178,222 shares of the firm's stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $184.18, for a total transaction of $32,824,927.96. Following the completion of the transaction, the chief executive officer now directly owns 264,461 shares in the company, valued at approximately $48,708,426.98. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Lori A. Beer sold 3,920 shares of JPMorgan Chase & Co. stock in a transaction dated Monday, March 25th. The shares were sold at an average price of $195.36, for a total value of $765,811.20. Following the completion of the transaction, the insider now directly owns 64,783 shares of the company's stock, valued at $12,656,006.88. The disclosure for this sale can be found here. Insiders have sold 1,020,696 shares of company stock valued at $186,794,151 over the last 90 days. 0.79% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Valicenti Advisory Services Inc. boosted its holdings in shares of JPMorgan Chase & Co. by 2.9% in the third quarter. Valicenti Advisory Services Inc. now owns 79,891 shares of the financial services provider's stock valued at $11,586,000 after acquiring an additional 2,220 shares during the period. Etfidea LLC grew its position in 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 purchasing an additional 100 shares during the last quarter. TKG Advisors LLC increased its stake in JPMorgan Chase & Co. by 97.6% in the third quarter. TKG Advisors LLC now owns 13,205 shares of the financial services provider's stock valued at $1,915,000 after purchasing an additional 6,521 shares during the period. Sutton Place Investors LLC raised its holdings in shares of JPMorgan Chase & Co. by 179.5% in the fourth quarter. Sutton Place Investors LLC now owns 13,099 shares of the financial services provider's stock valued at $2,228,000 after buying an additional 8,412 shares during the last quarter. Finally, Alley Investment Management Company LLC grew its holdings in shares of JPMorgan Chase & Co. by 0.4% during the third quarter. Alley Investment Management Company LLC now owns 126,913 shares of the financial services provider's stock worth $18,405,000 after buying an additional 530 shares during the last quarter. Hedge funds and other institutional investors own 71.55% of the company's stock.

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.

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