JPMorgan Chase & Co. (NYSE:JPM) Holdings Trimmed by Birch Hill Investment Advisors LLC

Birch Hill Investment Advisors LLC lowered its position in shares of JPMorgan Chase & Co. (NYSE:JPM) by 3.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 116,480 shares of the financial services provider’s stock after selling 4,340 shares during the quarter. Birch Hill Investment Advisors LLC’s holdings in JPMorgan Chase & Co. were worth $19,813,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Macroview Investment Management LLC boosted its position in shares of JPMorgan Chase & Co. by 7,833.3% in the 3rd quarter. Macroview Investment Management LLC now owns 238 shares of the financial services provider’s stock valued at $34,000 after purchasing an additional 235 shares during the period. Briaud Financial Planning Inc acquired a new position in shares of JPMorgan Chase & Co. in the 3rd quarter valued at $40,000. Morton Brown Family Wealth LLC boosted its position in shares of JPMorgan Chase & Co. by 2,308.3% in the 4th quarter. Morton Brown Family Wealth LLC now owns 289 shares of the financial services provider’s stock valued at $49,000 after purchasing an additional 277 shares during the period. FSC Wealth Advisors LLC boosted its position in shares of JPMorgan Chase & Co. by 290.9% in the 3rd quarter. FSC Wealth Advisors LLC now owns 387 shares of the financial services provider’s stock valued at $56,000 after purchasing an additional 288 shares during the period. Finally, Legacy Financial Group LLC acquired a new position in shares of JPMorgan Chase & Co. in the 3rd quarter valued at $58,000. Institutional investors own 71.55% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on JPM shares. Royal Bank of Canada reiterated an “outperform” rating and issued a $185.00 price target on shares of JPMorgan Chase & Co. in a research report on Wednesday, March 20th. Jefferies Financial Group increased their price objective on JPMorgan Chase & Co. from $202.00 to $228.00 and gave the stock a “buy” rating in a research note on Monday, April 8th. Wells Fargo & Company increased their price objective on JPMorgan Chase & Co. from $200.00 to $220.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 20th. UBS Group reduced their price objective on JPMorgan Chase & Co. from $226.00 to $219.00 and set a “buy” rating for the company in a research note on Tuesday. Finally, Morgan Stanley reduced their price objective on JPMorgan Chase & Co. from $221.00 to $216.00 and set an “overweight” rating for the company in a research note on Monday. Eight investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $192.05.

JPMorgan Chase & Co. Stock Up 0.6 %

Shares of JPM stock opened at $181.14 on Friday. The stock’s 50 day simple moving average is $188.61 and its 200 day simple moving average is $168.59. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.91 and a current ratio of 0.92. JPMorgan Chase & Co. has a twelve month low of $131.81 and a twelve month high of $200.94. The company has a market capitalization of $520.25 billion, a price-to-earnings ratio of 10.94, a PEG ratio of 2.27 and a beta of 1.15.

JPMorgan Chase & Co. Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 30th. Investors of record on Friday, April 5th will be paid a $1.15 dividend. This represents a $4.60 dividend on an annualized basis and a dividend yield of 2.54%. 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 Activity at JPMorgan Chase & Co.

In related news, CEO Jennifer Piepszak sold 1,648 shares of the firm’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 transaction, the chief executive officer now directly owns 32,819 shares of the company’s stock, valued at approximately $5,873,288.24. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, CEO Jennifer Piepszak sold 1,648 shares of the firm’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 transaction, the chief executive officer now directly owns 32,819 shares of the company’s stock, valued at approximately $5,873,288.24. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO James Dimon sold 821,778 shares of the firm’s stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $182.73, for a total value of $150,163,493.94. Following the completion of the transaction, the chief executive officer now directly owns 595,316 shares in the company, valued at $108,782,092.68. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 1,020,696 shares of company stock valued at $186,794,151. Corporate insiders own 0.79% 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.