Snowden Capital Advisors LLC Purchases 2,873 Shares of JPMorgan Chase & Co. (NYSE:JPM)

Snowden Capital Advisors LLC grew its position in JPMorgan Chase & Co. (NYSE:JPM - Free Report) by 2.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 147,175 shares of the financial services provider's stock after purchasing an additional 2,873 shares during the period. JPMorgan Chase & Co. comprises about 1.1% of Snowden Capital Advisors LLC's portfolio, making the stock its 12th largest position. Snowden Capital Advisors LLC's holdings in JPMorgan Chase & Co. were worth $35,279,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its stake in JPMorgan Chase & Co. by 7.7% in the third quarter. JPMorgan Chase & Co. now owns 4,450,775 shares of the financial services provider's stock valued at $938,491,000 after buying an additional 319,730 shares in the last quarter. Regent Peak Wealth Advisors LLC lifted its position in JPMorgan Chase & Co. by 2.3% in the 4th quarter. Regent Peak Wealth Advisors LLC now owns 6,517 shares of the financial services provider's stock valued at $1,562,000 after acquiring an additional 148 shares in the last quarter. RMR Wealth Builders lifted its position in JPMorgan Chase & Co. by 4.4% in the 4th quarter. RMR Wealth Builders now owns 33,057 shares of the financial services provider's stock valued at $7,924,000 after acquiring an additional 1,382 shares in the last quarter. Tuttle Capital Management LLC boosted its stake in JPMorgan Chase & Co. by 34.5% in the 4th quarter. Tuttle Capital Management LLC now owns 1,996 shares of the financial services provider's stock worth $478,000 after purchasing an additional 512 shares during the period. Finally, McNaughton Wealth Management LLC increased its holdings in JPMorgan Chase & Co. by 0.9% during the 4th quarter. McNaughton Wealth Management LLC now owns 6,014 shares of the financial services provider's stock worth $1,442,000 after purchasing an additional 53 shares in the last quarter. Institutional investors and hedge funds own 71.55% of the company's stock.

JPMorgan Chase & Co. Trading Up 0.6%

Shares of JPMorgan Chase & Co. stock opened at $267.19 on Friday. The business has a fifty day simple moving average of $239.95 and a two-hundred day simple moving average of $246.62. JPMorgan Chase & Co. has a 1 year low of $190.88 and a 1 year high of $280.25. The company has a market capitalization of $742.55 billion, a price-to-earnings ratio of 13.54, a P/E/G ratio of 2.83 and a beta of 1.07. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.88 and a quick ratio of 0.89.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last issued its quarterly earnings data on Friday, April 11th. The financial services provider reported $5.07 earnings per share for the quarter, beating the consensus estimate of $4.63 by $0.44. The company had revenue of $45.30 billion for the quarter, compared to analyst estimates of $43.62 billion. JPMorgan Chase & Co. had a net margin of 20.96% and a return on equity of 16.99%. The company's revenue was up 8.0% on a year-over-year basis. During the same period in the prior year, the firm earned $4.44 earnings per share. Research analysts forecast that JPMorgan Chase & Co. will post 18.1 EPS for the current year.

JPMorgan Chase & Co. Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 30th. Shareholders of record on Friday, April 4th were given a dividend of $1.40 per share. The ex-dividend date of this dividend was Friday, April 4th. This is an increase from JPMorgan Chase & Co.'s previous quarterly dividend of $1.25. This represents a $5.60 annualized dividend and a yield of 2.10%. JPMorgan Chase & Co.'s dividend payout ratio (DPR) is 27.49%.

Insider Transactions at JPMorgan Chase & Co.

In related news, insider Robin Leopold sold 1,250 shares of JPMorgan Chase & Co. stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $270.09, for a total transaction of $337,612.50. Following the completion of the sale, the insider now directly owns 50,377 shares of the company's stock, valued at approximately $13,606,323.93. This trade represents a 2.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Troy L. Rohrbaugh sold 37,500 shares of the business's stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $269.84, for a total value of $10,119,000.00. Following the completion of the sale, the chief executive officer now owns 158,381 shares of the company's stock, valued at $42,737,529.04. This trade represents a 19.14% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 129,188 shares of company stock worth $33,095,363 over the last quarter. Company insiders own 0.47% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. Barclays upped their price objective on JPMorgan Chase & Co. from $304.00 to $330.00 and gave the stock an "overweight" rating in a research report on Thursday, January 16th. Keefe, Bruyette & Woods upped their price target on JPMorgan Chase & Co. from $257.00 to $264.00 and gave the stock a "market perform" rating in a research report on Thursday, January 16th. Bank of America lowered their price objective on shares of JPMorgan Chase & Co. from $285.00 to $284.00 and set a "buy" rating on the stock in a report on Wednesday, April 2nd. KGI Securities began coverage on shares of JPMorgan Chase & Co. in a report on Sunday, April 13th. They set a "hold" rating for the company. Finally, StockNews.com raised shares of JPMorgan Chase & Co. from a "sell" rating to a "hold" rating in a research report on Wednesday. Eleven equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $258.26.

About JPMorgan Chase & Co.

JPMorgan Chase & Co is a financial holding company, which engages in the provision of financial and investment banking services. It focuses on investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. It operates through the following segments: Consumer and Community Banking (CCB), Commercial and Investment Bank (CIB), Asset and Wealth Management (AWM), and Corporate.

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