Talisman Wealth Advisors LLC Sells 83 Shares of JPMorgan Chase & Co. (NYSE:JPM)

Talisman Wealth Advisors LLC lessened its stake in JPMorgan Chase & Co. (NYSE:JPM) by 1.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,188 shares of the financial services provider’s stock after selling 83 shares during the quarter. JPMorgan Chase & Co. comprises approximately 1.8% of Talisman Wealth Advisors LLC’s investment portfolio, making the stock its 15th biggest holding. Talisman Wealth Advisors LLC’s holdings in JPMorgan Chase & Co. were worth $1,723,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. grew its position in shares of JPMorgan Chase & Co. by 7.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,450,775 shares of the financial services provider’s stock worth $938,491,000 after buying an additional 319,730 shares during the period. Regent Peak Wealth Advisors LLC boosted its stake in JPMorgan Chase & Co. by 2.3% in the fourth 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 during the last quarter. Capital & Planning LLC grew its holdings in JPMorgan Chase & Co. by 13.3% during the 4th quarter. Capital & Planning LLC now owns 2,357 shares of the financial services provider’s stock worth $565,000 after acquiring an additional 276 shares during the period. Wealthcare Capital Management LLC grew its holdings in JPMorgan Chase & Co. by 15.5% during the 4th quarter. Wealthcare Capital Management LLC now owns 1,101 shares of the financial services provider’s stock worth $264,000 after acquiring an additional 148 shares during the period. Finally, Saxon Interests Inc. raised its position in shares of JPMorgan Chase & Co. by 8.7% during the 4th quarter. Saxon Interests Inc. now owns 10,456 shares of the financial services provider’s stock valued at $2,506,000 after acquiring an additional 836 shares during the last quarter. 71.55% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Robert W. Baird raised 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 research note on Friday, March 7th. Cowen started coverage on JPMorgan Chase & Co. in a research report on Wednesday, May 14th. They set a “buy” rating for the company. Bank of America lowered their price target on JPMorgan Chase & Co. from $285.00 to $284.00 and set a “buy” rating for the company in a research note on Wednesday, April 2nd. Baird R W raised shares of JPMorgan Chase & Co. from a “strong sell” rating to a “hold” rating in a research note on Friday, March 7th. Finally, 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. Eleven research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. Based on data from MarketBeat.com, JPMorgan Chase & Co. has a consensus rating of “Moderate Buy” and an average target price of $258.26.

JPMorgan Chase & Co. Stock Performance

JPM opened at $264.60 on Tuesday. The company has a market capitalization of $735.35 billion, a price-to-earnings ratio of 13.40, a P/E/G ratio of 2.83 and a beta of 1.07. The business’s 50-day moving average price is $241.45 and its two-hundred day moving average price is $247.55. JPMorgan Chase & Co. has a 1 year low of $190.88 and a 1 year high of $280.25. 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) last announced its earnings results on Friday, April 11th. The financial services provider reported $5.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.63 by $0.44. The business had revenue of $45.30 billion for the quarter, compared to analyst estimates of $43.62 billion. JPMorgan Chase & Co. had a return on equity of 16.99% and a net margin of 20.96%. JPMorgan Chase & Co.’s revenue for the quarter was up 8.0% compared to the same quarter last year. During the same quarter last year, the firm earned $4.44 EPS. Equities analysts expect that JPMorgan Chase & Co. will post 18.1 EPS for the current fiscal year.

JPMorgan Chase & Co. Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 31st. Stockholders of record on Thursday, July 3rd will be issued a $1.40 dividend. This represents a $5.60 dividend on an annualized basis and a dividend yield of 2.12%. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is presently 27.49%.

Insider Transactions at JPMorgan Chase & Co.

In other JPMorgan Chase & Co. news, insider Robin Leopold sold 1,250 shares of the business’s stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $270.09, for a total transaction of $337,612.50. Following the sale, the insider now directly owns 50,377 shares of the company’s stock, valued at $13,606,323.93. The trade was a 2.42% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, COO Jennifer Piepszak sold 6,129 shares of the firm’s stock in a transaction dated Tuesday, May 6th. The shares were sold at an average price of $250.76, for a total value of $1,536,908.04. Following the completion of the transaction, the chief operating officer now owns 68,583 shares of the company’s stock, valued at $17,197,873.08. The trade was a 8.20% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 129,188 shares of company stock valued at $33,095,363 over the last 90 days. 0.47% of the stock is owned by corporate insiders.

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.