JPMorgan Chase & Co. (NYSE:JPM) Shares Acquired by Measured Wealth Private Client Group LLC

Measured Wealth Private Client Group LLC increased its holdings in shares of JPMorgan Chase & Co. (NYSE:JPM) by 6.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,900 shares of the financial services provider’s stock after purchasing an additional 407 shares during the quarter. JPMorgan Chase & Co. accounts for approximately 0.5% of Measured Wealth Private Client Group LLC’s portfolio, making the stock its 28th biggest position. Measured Wealth Private Client Group LLC’s holdings in JPMorgan Chase & Co. were worth $1,654,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Eagle Ridge Investment Management lifted its stake in JPMorgan Chase & Co. by 1.0% during the fourth quarter. Eagle Ridge Investment Management now owns 69,862 shares of the financial services provider’s stock worth $16,747,000 after purchasing an additional 709 shares in the last quarter. Rik Saylor Financial Inc. purchased a new stake in shares of JPMorgan Chase & Co. in the 4th quarter valued at $513,000. Oakworth Capital Inc. lifted its stake in JPMorgan Chase & Co. by 0.7% during the 4th quarter. Oakworth Capital Inc. now owns 199,962 shares of the financial services provider’s stock worth $47,933,000 after acquiring an additional 1,409 shares in the last quarter. McHugh Group LLC purchased a new position in JPMorgan Chase & Co. during the 4th quarter valued at about $1,193,000. Finally, Buck Wealth Strategies LLC grew its position in JPMorgan Chase & Co. by 1.6% in the 4th quarter. Buck Wealth Strategies LLC now owns 41,286 shares of the financial services provider’s stock valued at $9,897,000 after acquiring an additional 667 shares in the last quarter. 71.55% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Chase & Co. Stock Performance

NYSE JPM opened at $276.61 on Friday. JPMorgan Chase & Co. has a 1-year low of $176.15 and a 1-year high of $279.23. The business’s 50-day simple moving average is $252.44 and its 200-day simple moving average is $232.17. The firm has a market capitalization of $778.74 billion, a P/E ratio of 14.01, a P/E/G ratio of 2.94 and a beta of 1.12. 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 posted its earnings results on Wednesday, January 15th. The financial services provider reported $4.81 EPS for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $41.90 billion. During the same period in the previous year, the company posted $3.04 earnings per share. The business’s revenue for the quarter was up 10.9% compared to the same quarter last year. Equities analysts predict that JPMorgan Chase & Co. will post 18.05 EPS for the current year.

JPMorgan Chase & Co. Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 31st. Stockholders 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 dividend yield of 1.81%. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is 25.33%.

Insider Activity at JPMorgan Chase & Co.

In other JPMorgan Chase & Co. news, General Counsel Stacey Friedman sold 3,303 shares of the business’s stock in a transaction on Thursday, January 16th. The shares were sold at an average price of $253.94, for a total transaction of $838,763.82. Following the completion of the sale, the general counsel now owns 47,620 shares in the company, valued at $12,092,622.80. The trade was a 6.49 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.79% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently commented on JPM shares. Wolfe Research raised shares of JPMorgan Chase & Co. from a “peer perform” rating to an “outperform” rating and set a $269.00 price objective for the company in a research note on Friday, January 3rd. UBS Group boosted their price target on shares of JPMorgan Chase & Co. from $276.00 to $287.00 and gave the stock a “buy” rating in a research note on Thursday, January 16th. Bank of America lifted their target price on JPMorgan Chase & Co. from $260.00 to $280.00 and gave the company a “buy” rating in a report on Tuesday, January 7th. Truist Financial upped their price target on JPMorgan Chase & Co. from $260.00 to $268.00 and gave the stock a “hold” rating in a report on Thursday, January 16th. Finally, Oppenheimer downgraded JPMorgan Chase & Co. from an “outperform” rating to a “market perform” rating in a research report on Wednesday, November 20th. Two 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’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $251.78.

About JPMorgan Chase & Co.

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.