JPMorgan Chase & Co. (NYSE:JPM) Shares Bought by Baugh & Associates LLC

Baugh & Associates LLC grew its stake in JPMorgan Chase & Co. (NYSE:JPM) by 0.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 36,622 shares of the financial services provider’s stock after buying an additional 300 shares during the period. JPMorgan Chase & Co. accounts for about 3.9% of Baugh & Associates LLC’s holdings, making the stock its 7th biggest holding. Baugh & Associates LLC’s holdings in JPMorgan Chase & Co. were worth $7,335,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Cypress Wealth Services LLC boosted its position in shares of JPMorgan Chase & Co. by 1.7% during the 1st quarter. Cypress Wealth Services LLC now owns 9,894 shares of the financial services provider’s stock valued at $1,982,000 after purchasing an additional 167 shares in the last quarter. Dohj LLC boosted its position in shares of JPMorgan Chase & Co. by 1.3% during the 1st quarter. Dohj LLC now owns 8,661 shares of the financial services provider’s stock valued at $1,735,000 after purchasing an additional 109 shares in the last quarter. Tarbox Family Office Inc. boosted its position in shares of JPMorgan Chase & Co. by 13.5% during the 1st quarter. Tarbox Family Office Inc. now owns 1,926 shares of the financial services provider’s stock valued at $386,000 after purchasing an additional 229 shares in the last quarter. 180 Wealth Advisors LLC boosted its position in shares of JPMorgan Chase & Co. by 0.7% during the 1st quarter. 180 Wealth Advisors LLC now owns 19,426 shares of the financial services provider’s stock valued at $3,891,000 after purchasing an additional 129 shares in the last quarter. Finally, Thrive Wealth Management LLC boosted its position in shares of JPMorgan Chase & Co. by 7.6% during the 1st quarter. Thrive Wealth Management LLC now owns 7,854 shares of the financial services provider’s stock valued at $1,573,000 after purchasing an additional 555 shares in the last quarter. Institutional investors and hedge funds own 71.55% of the company’s stock.

JPMorgan Chase & Co. Stock Performance

Shares of JPM opened at $202.26 on Friday. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 1.29. The company has a market capitalization of $580.82 billion, a price-to-earnings ratio of 12.21, a PEG ratio of 2.67 and a beta of 1.12. The stock has a 50 day moving average of $196.91 and a 200 day moving average of $186.10. JPMorgan Chase & Co. has a 12 month low of $135.19 and a 12 month high of $205.88.

JPMorgan Chase & Co. (NYSE:JPM) last issued its quarterly earnings results on Friday, April 12th. The financial services provider reported $4.63 EPS for the quarter, beating analysts’ consensus estimates of $4.18 by $0.45. The company had revenue of $41.93 billion during the quarter, compared to the consensus estimate of $40.90 billion. JPMorgan Chase & Co. had a return on equity of 17.79% and a net margin of 20.05%. As a group, sell-side analysts forecast that JPMorgan Chase & Co. will post 16.44 earnings per share for the current year.

JPMorgan Chase & Co. Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 31st. Investors of record on Friday, July 5th will be given a dividend of $1.15 per share. This represents a $4.60 dividend on an annualized basis and a dividend yield of 2.27%. The ex-dividend date is Friday, July 5th. JPMorgan Chase & Co.’s payout ratio is 27.78%.

Insider Activity at JPMorgan Chase & Co.

In related news, insider Ashley Bacon sold 5,086 shares of the stock in a transaction that occurred on Wednesday, May 8th. The stock was sold at an average price of $193.64, for a total transaction of $984,853.04. Following the completion of the sale, the insider now directly owns 217,351 shares of the company’s stock, valued at $42,087,847.64. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other JPMorgan Chase & Co. news, General Counsel Stacey Friedman sold 4,415 shares of the firm’s stock in a transaction on Monday, May 20th. The stock was sold at an average price of $200.65, for a total value of $885,869.75. Following the completion of the sale, the general counsel now directly owns 42,124 shares of the company’s stock, valued at $8,452,180.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Ashley Bacon sold 5,086 shares of the firm’s stock in a transaction on Wednesday, May 8th. The stock was sold at an average price of $193.64, for a total value of $984,853.04. Following the completion of the sale, the insider now directly owns 217,351 shares of the company’s stock, valued at $42,087,847.64. The disclosure for this sale can be found here. Over the last three months, insiders sold 250,565 shares of company stock valued at $46,962,717. 0.79% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Jefferies Financial Group upped their target price on JPMorgan Chase & Co. from $202.00 to $228.00 and gave the company a “buy” rating in a research report on Monday, April 8th. Morgan Stanley cut their price target on JPMorgan Chase & Co. from $216.00 to $214.00 and set an “overweight” rating on the stock in a report on Tuesday, May 21st. Oppenheimer cut their price target on JPMorgan Chase & Co. from $219.00 to $217.00 and set an “outperform” rating on the stock in a report on Monday, April 15th. StockNews.com lowered JPMorgan Chase & Co. from a “hold” rating to a “sell” rating in a report on Wednesday, June 19th. Finally, Robert W. Baird increased their price target on JPMorgan Chase & Co. from $175.00 to $185.00 and gave the stock a “neutral” rating in a report on Tuesday, May 21st. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and thirteen have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $194.10.

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.