Lion Street Advisors LLC Has $1.61 Million Holdings in JPMorgan Chase & Co. (NYSE:JPM)

Lion Street Advisors LLC raised its position in JPMorgan Chase & Co. (NYSE:JPM) by 7.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,725 shares of the financial services provider’s stock after acquiring an additional 444 shares during the period. Lion Street Advisors LLC’s holdings in JPMorgan Chase & Co. were worth $1,612,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. AMF Tjanstepension AB lifted its holdings in JPMorgan Chase & Co. by 17.2% during the 3rd quarter. AMF Tjanstepension AB now owns 473,785 shares of the financial services provider’s stock valued at $99,972,000 after purchasing an additional 69,451 shares during the last quarter. Alpha Financial Partners LLC grew its position in shares of JPMorgan Chase & Co. by 11.5% during the 3rd quarter. Alpha Financial Partners LLC now owns 3,329 shares of the financial services provider’s stock worth $702,000 after buying an additional 343 shares during the period. Wedge Capital Management L L P NC raised its position in shares of JPMorgan Chase & Co. by 1.4% during the 3rd quarter. Wedge Capital Management L L P NC now owns 4,384 shares of the financial services provider’s stock valued at $924,000 after acquiring an additional 61 shares during the last quarter. Creative Planning grew its position in shares of JPMorgan Chase & Co. by 3.1% during the 3rd quarter. Creative Planning now owns 1,139,115 shares of the financial services provider’s stock worth $240,194,000 after buying an additional 34,746 shares during the period. Finally, von Borstel & Associates Inc. acquired a new stake in JPMorgan Chase & Co. in the third quarter worth $766,000. Institutional investors and hedge funds own 71.55% of the company’s stock.

JPMorgan Chase & Co. Stock Up 0.2 %

NYSE JPM opened at $275.41 on Thursday. 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. has a fifty-two week low of $172.62 and a fifty-two week high of $278.55. The stock has a market capitalization of $775.37 billion, a PE ratio of 13.95, a PEG ratio of 2.94 and a beta of 1.12. The business has a fifty day moving average price of $251.18 and a two-hundred day moving average price of $231.55.

JPMorgan Chase & Co. (NYSE:JPM) last issued its quarterly earnings data on Wednesday, January 15th. The financial services provider reported $4.81 EPS for the quarter, beating the consensus estimate of $4.03 by $0.78. JPMorgan Chase & Co. had a net margin of 20.96% and a return on equity of 16.99%. The business had revenue of $42.77 billion during the quarter, compared to the consensus estimate of $41.90 billion. During the same quarter in the prior year, the firm earned $3.04 EPS. The firm’s revenue was up 10.9% compared to the same quarter last year. Equities analysts expect that JPMorgan Chase & Co. will post 18.05 earnings per share for the current fiscal year.

JPMorgan Chase & Co. Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Monday, January 6th were issued a $1.25 dividend. The ex-dividend date was Monday, January 6th. This represents a $5.00 dividend on an annualized basis and a yield of 1.82%. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is presently 25.33%.

Analyst Ratings Changes

A number of brokerages have weighed in on JPM. UBS Group lifted their price target on shares of JPMorgan Chase & Co. from $276.00 to $287.00 and gave the company a “buy” rating in a research note on Thursday, January 16th. Barclays lifted their target price on JPMorgan Chase & Co. from $304.00 to $330.00 and gave the company an “overweight” rating in a research report on Thursday, January 16th. Bank of America boosted their target price on shares of JPMorgan Chase & Co. from $260.00 to $280.00 and gave the stock a “buy” rating in a report on Tuesday, January 7th. Wolfe Research upgraded JPMorgan Chase & Co. from a “peer perform” rating to an “outperform” rating and set a $269.00 target price for the company in a research note on Friday, January 3rd. Finally, Citigroup increased their price target on shares of JPMorgan Chase & Co. from $215.00 to $250.00 and gave the company a “neutral” rating in a report on Tuesday, November 19th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and ten have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $251.78.

Insiders Place Their Bets

In related news, General Counsel Stacey Friedman sold 3,303 shares of the company’s stock in a transaction that occurred on Thursday, January 16th. The stock was sold at an average price of $253.94, for a total value of $838,763.82. Following the sale, the general counsel now directly owns 47,620 shares in the company, valued at $12,092,622.80. This represents a 6.49 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 0.79% of the company’s stock.

JPMorgan Chase & Co. Company Profile

JPMorgan Chase & Co is a financial holding company, which engages in the provision of financial and investment banking services. The firm offers a range of investment banking products and services in all capital markets, including advising on corporate strategy and structure, capital raising in equity and debt markets, risk management, market making in cash securities and derivative instruments, and brokerage and research.