JPMorgan Chase & Co. (NYSE:JPM) Stock Position Increased by Tradewinds LLC.

Tradewinds LLC. increased its holdings in JPMorgan Chase & Co. (NYSE:JPM) by 3.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 42,111 shares of the financial services provider’s stock after buying an additional 1,453 shares during the period. JPMorgan Chase & Co. accounts for 2.9% of Tradewinds LLC.’s investment portfolio, making the stock its 5th biggest position. Tradewinds LLC.’s holdings in JPMorgan Chase & Co. were worth $10,094,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Principal Financial Group Inc. lifted its stake in JPMorgan Chase & Co. by 3.2% in the 3rd quarter. Principal Financial Group Inc. now owns 5,824,289 shares of the financial services provider’s stock worth $1,228,110,000 after purchasing an additional 182,648 shares in the last quarter. United Bank increased its holdings in shares of JPMorgan Chase & Co. by 2.5% in the third quarter. United Bank now owns 25,354 shares of the financial services provider’s stock worth $5,346,000 after purchasing an additional 614 shares during the period. Jacobs Levy Equity Management Inc. raised its position in shares of JPMorgan Chase & Co. by 13.8% in the third quarter. Jacobs Levy Equity Management Inc. now owns 42,511 shares of the financial services provider’s stock worth $8,964,000 after buying an additional 5,152 shares in the last quarter. Redwood Investment Management LLC boosted its stake in JPMorgan Chase & Co. by 104.7% during the third quarter. Redwood Investment Management LLC now owns 3,969 shares of the financial services provider’s stock valued at $837,000 after buying an additional 2,030 shares during the period. Finally, Texas Capital Bank Wealth Management Services Inc grew its position in JPMorgan Chase & Co. by 6.6% during the third quarter. Texas Capital Bank Wealth Management Services Inc now owns 52,029 shares of the financial services provider’s stock worth $10,971,000 after buying an additional 3,208 shares in the last quarter. Institutional investors own 71.55% of the company’s stock.

Insider Activity

In other JPMorgan Chase & Co. news, insider Robin Leopold sold 1,250 shares of the business’s stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $270.09, for a total transaction of $337,612.50. Following the transaction, the insider now directly owns 50,377 shares of the company’s stock, valued at approximately $13,606,323.93. The trade was a 2.42 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Jennifer Piepszak sold 4,273 shares of JPMorgan Chase & Co. stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $269.85, for a total transaction of $1,153,069.05. Following the sale, the chief operating officer now directly owns 54,469 shares in the company, valued at $14,698,459.65. The trade was a 7.27 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 76,848 shares of company stock valued at $19,987,908. Company insiders own 0.79% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Baird R W upgraded JPMorgan Chase & Co. from a “strong sell” rating to a “hold” rating in a research report on Friday, March 7th. UBS Group lifted their target price on shares of JPMorgan Chase & Co. from $276.00 to $287.00 and gave the company a “buy” rating in a research report on Thursday, January 16th. Evercore ISI lowered their price objective on shares of JPMorgan Chase & Co. from $273.00 to $265.00 and set an “outperform” rating on the stock in a research report on Tuesday. Robert W. Baird raised shares of JPMorgan Chase & Co. from an “underperform” rating to a “neutral” rating and lifted their price objective for the stock from $215.00 to $220.00 in a report on Friday, March 7th. Finally, Wolfe Research raised JPMorgan Chase & Co. from a “peer perform” rating to an “outperform” rating and set a $269.00 target price on the stock in a research note on Friday, January 3rd. Ten equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $254.83.

JPMorgan Chase & Co. Trading Down 8.1 %

NYSE:JPM opened at $210.09 on Friday. The firm has a market capitalization of $587.43 billion, a P/E ratio of 10.64, a P/E/G ratio of 2.83 and a beta of 1.01. JPMorgan Chase & Co. has a 52 week low of $179.20 and a 52 week high of $280.25. The company has a quick ratio of 0.89, a current ratio of 0.88 and a debt-to-equity ratio of 1.24. The company has a fifty day moving average of $254.71 and a 200 day moving average of $241.29.

JPMorgan Chase & Co. (NYSE:JPM) last posted its earnings results on Wednesday, January 15th. The financial services provider reported $4.81 earnings per share for the quarter, topping analysts’ consensus estimates of $4.03 by $0.78. The company had revenue of $42.77 billion during the quarter, compared to analyst estimates of $41.90 billion. JPMorgan Chase & Co. had a net margin of 20.96% and a return on equity of 16.99%. JPMorgan Chase & Co.’s revenue for the quarter was up 10.9% on a year-over-year basis. During the same period in the prior year, the business posted $3.04 earnings per share. On average, research analysts predict that JPMorgan Chase & Co. will post 18.1 earnings per share for the current year.

JPMorgan Chase & Co. Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Friday, April 4th will be paid a dividend of $1.40 per share. The ex-dividend date of this dividend is Friday, April 4th. This is a boost from JPMorgan Chase & Co.’s previous quarterly dividend of $1.25. This represents a $5.60 annualized dividend and a dividend yield of 2.67%. JPMorgan Chase & Co.’s payout ratio is 28.37%.

JPMorgan Chase & Co. Company Profile

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.