Copperleaf Capital LLC Increases Stake in JPMorgan Chase & Co. (NYSE:JPM)

Copperleaf Capital LLC increased its holdings in shares of JPMorgan Chase & Co. (NYSE:JPM) by 13.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,858 shares of the financial services provider’s stock after buying an additional 224 shares during the period. Copperleaf Capital LLC’s holdings in JPMorgan Chase & Co. were worth $445,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Rappaport Reiches Capital Management LLC increased its holdings in shares of JPMorgan Chase & Co. by 3.8% in the 4th quarter. Rappaport Reiches Capital Management LLC now owns 1,068 shares of the financial services provider’s stock valued at $256,000 after purchasing an additional 39 shares in the last quarter. Yoder Wealth Management Inc. increased its holdings in shares of JPMorgan Chase & Co. by 2.8% in the 4th quarter. Yoder Wealth Management Inc. now owns 1,436 shares of the financial services provider’s stock valued at $344,000 after purchasing an additional 39 shares in the last quarter. Almanack Investment Partners LLC. increased its holdings in shares of JPMorgan Chase & Co. by 0.8% in the 4th quarter. Almanack Investment Partners LLC. now owns 5,143 shares of the financial services provider’s stock valued at $1,233,000 after purchasing an additional 39 shares in the last quarter. Powers Advisory Group LLC increased its holdings in shares of JPMorgan Chase & Co. by 0.7% in the 4th quarter. Powers Advisory Group LLC now owns 6,131 shares of the financial services provider’s stock valued at $1,470,000 after purchasing an additional 42 shares in the last quarter. Finally, Financial Avengers Inc. increased its holdings in shares of JPMorgan Chase & Co. by 5.2% in the 3rd quarter. Financial Avengers Inc. now owns 868 shares of the financial services provider’s stock valued at $183,000 after purchasing an additional 43 shares in the last quarter. 71.55% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Chase & Co. Price Performance

JPMorgan Chase & Co. stock opened at $257.36 on Wednesday. JPMorgan Chase & Co. has a 12-month low of $179.20 and a 12-month high of $280.25. The stock has a market capitalization of $719.61 billion, a P/E ratio of 13.04, a P/E/G ratio of 2.83 and a beta of 1.12. The firm’s 50-day moving average is $256.92 and its two-hundred day moving average is $236.21. 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 released its quarterly earnings results on Wednesday, January 15th. The financial services provider reported $4.81 earnings per share (EPS) for the quarter, topping 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 company had revenue of $42.77 billion for the quarter, compared to analysts’ expectations of $41.90 billion. During the same period last year, the company earned $3.04 EPS. The firm’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 18.1 earnings per share for the current year.

JPMorgan Chase & Co. Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Monday, January 6th were given a $1.25 dividend. The ex-dividend date of this dividend was Monday, January 6th. This represents a $5.00 annualized dividend and a dividend yield of 1.94%. JPMorgan Chase & Co.’s dividend payout ratio is presently 25.33%.

Insider Buying and Selling

In related news, COO Jennifer Piepszak sold 4,273 shares of the firm’s stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $269.85, for a total value of $1,153,069.05. Following the sale, the chief operating officer now directly owns 54,469 shares of the company’s stock, valued at approximately $14,698,459.65. This trade represents a 7.27 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Robin Leopold sold 1,250 shares of the firm’s stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $270.09, for a total transaction of $337,612.50. Following the completion of the sale, the insider now directly owns 50,377 shares in the company, valued at $13,606,323.93. This represents a 2.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 46,326 shares of company stock valued at $12,448,445. Insiders own 0.79% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on JPM shares. Piper Sandler increased their price target on shares of JPMorgan Chase & Co. from $240.00 to $275.00 and gave the company an “overweight” rating in a report on Tuesday, December 3rd. UBS Group increased their price target on shares of JPMorgan Chase & Co. from $276.00 to $287.00 and gave the company a “buy” rating in a report on Thursday, January 16th. Wells Fargo & Company increased their price target on shares of JPMorgan Chase & Co. from $240.00 to $270.00 and gave the company an “overweight” rating in a report on Friday, November 15th. Keefe, Bruyette & Woods increased their price target on shares of JPMorgan Chase & Co. from $257.00 to $264.00 and gave the company a “market perform” rating in a report on Thursday, January 16th. Finally, Robert W. Baird downgraded shares of JPMorgan Chase & Co. from a “neutral” rating to an “underperform” rating and set a $200.00 target price for the company. in a report on Thursday, November 7th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, JPMorgan Chase & Co. has an average 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.