JPMorgan Chase & Co. (NYSE:JPM) Shares Purchased by RWA Wealth Partners LLC

RWA Wealth Partners LLC lifted its holdings in JPMorgan Chase & Co. (NYSE:JPM - Free Report) by 142.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 425,779 shares of the financial services provider's stock after purchasing an additional 250,105 shares during the period. JPMorgan Chase & Co. comprises about 1.0% of RWA Wealth Partners LLC's portfolio, making the stock its 13th largest holding. RWA Wealth Partners LLC's holdings in JPMorgan Chase & Co. were worth $72,425,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Stone House Investment Management LLC boosted its holdings 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 worth $27,000 after buying an additional 89 shares during the last quarter. Macroview Investment Management LLC boosted its holdings in shares of 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 during the last quarter. Briaud Financial Planning Inc purchased a new stake in shares of JPMorgan Chase & Co. in the third quarter valued at approximately $40,000. Rakuten Securities Inc. acquired a new stake in shares of JPMorgan Chase & Co. in the fourth quarter valued at approximately $44,000. Finally, Morton Brown Family Wealth LLC lifted its position in JPMorgan Chase & Co. by 2,308.3% during the fourth quarter. Morton Brown Family Wealth LLC now owns 289 shares of the financial services provider's stock worth $49,000 after buying an additional 277 shares in the last quarter. Hedge funds and other institutional investors own 71.55% of the company's stock.

Insider Buying and Selling

In other news, CEO Jennifer Piepszak sold 1,648 shares of the company'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 transaction, the chief executive officer now directly owns 32,819 shares of the company's stock, valued at approximately $5,873,288.24. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In related news, CEO Jennifer Piepszak sold 1,648 shares of the company'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 completion of the transaction, the chief executive officer now directly owns 32,819 shares of the company's stock, valued at $5,873,288.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO James Dimon sold 178,222 shares of the stock in a transaction that occurred on Monday, April 15th. The shares were 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 owns 264,461 shares in the company, valued at $48,708,426.98. The disclosure for this sale can be found here. Over the last quarter, insiders sold 1,020,696 shares of company stock worth $186,794,151. Corporate insiders own 0.79% of the company's stock.

JPMorgan Chase & Co. Stock Down 0.1 %

Shares of JPM stock traded down $0.19 during trading hours on Monday, reaching $193.30. 5,408,899 shares of the stock were exchanged, compared to its average volume of 9,381,300. The business's fifty day moving average is $190.36 and its two-hundred day moving average is $170.91. The firm has a market capitalization of $555.17 billion, a P/E ratio of 11.68, a P/E/G ratio of 2.43 and a beta of 1.15. JPMorgan Chase & Co. has a 12-month low of $131.81 and a 12-month high of $200.94. 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 company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Friday, April 5th will be given 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 dividend yield of 2.38%. The ex-dividend date is Thursday, April 4th. JPMorgan Chase & Co.'s payout ratio is 27.78%.

Analyst Ratings Changes

Several analysts have issued reports on JPM shares. Oppenheimer dropped their target price 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. 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. Morgan Stanley dropped 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 research note on Monday, April 15th. Wells Fargo & Company lifted their price target on shares of JPMorgan Chase & Co. from $200.00 to $220.00 and gave the company an "overweight" rating in a research report on Wednesday, March 20th. Finally, Deutsche Bank Aktiengesellschaft upgraded JPMorgan Chase & Co. from a "hold" rating to a "buy" rating and increased their price objective for the stock from $140.00 to $190.00 in a research report on Tuesday, January 9th. Eight analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. According to data from MarketBeat, JPMorgan Chase & Co. has a consensus rating of "Moderate Buy" and an average target price of $192.05.

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.