JPMorgan Chase & Co. (NYSE:JPM) Stock Holdings Lifted by EagleClaw Capital Managment LLC

EagleClaw Capital Managment LLC increased its holdings in shares of JPMorgan Chase & Co. (NYSE:JPM) by 3.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 55,951 shares of the financial services provider’s stock after buying an additional 1,891 shares during the period. JPMorgan Chase & Co. comprises approximately 2.1% of EagleClaw Capital Managment LLC’s investment portfolio, making the stock its 9th largest holding. EagleClaw Capital Managment LLC’s holdings in JPMorgan Chase & Co. were worth $13,412,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Mizuho Securities Co. Ltd. acquired a new position in JPMorgan Chase & Co. in the 3rd quarter valued at $25,000. Midwest Capital Advisors LLC acquired a new position in JPMorgan Chase & Co. in the 4th quarter valued at $43,000. Peterson Financial Group Inc. acquired a new position in JPMorgan Chase & Co. in the 3rd quarter valued at $45,000. Legacy Investment Solutions LLC acquired a new position in JPMorgan Chase & Co. in the 3rd quarter valued at $45,000. Finally, Collier Financial acquired a new position in JPMorgan Chase & Co. in the 4th quarter valued at $45,000. Hedge funds and other institutional investors own 71.55% of the company’s stock.

Insider Transactions at JPMorgan Chase & Co.

In other news, CEO Troy L. Rohrbaugh sold 37,500 shares of the company’s stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $269.84, for a total value of $10,119,000.00. Following the completion of the sale, the chief executive officer now owns 158,381 shares in the company, valued at $42,737,529.04. This represents a 19.14 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Robin Leopold sold 1,250 shares of the company’s stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $270.09, for a total value of $337,612.50. Following the completion of the sale, the insider now owns 50,377 shares of the company’s stock, valued at approximately $13,606,323.93. This trade represents a 2.42 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 46,326 shares of company stock valued at $12,448,445. Corporate insiders own 0.79% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently commented on JPM shares. Bank of America increased their price objective on JPMorgan Chase & Co. from $260.00 to $280.00 and gave the company a “buy” rating in a research note on Tuesday, January 7th. Baird R W raised JPMorgan Chase & Co. from a “strong sell” rating to a “hold” rating in a research report on Friday, March 7th. Robert W. Baird raised JPMorgan Chase & Co. from an “underperform” rating to a “neutral” rating and raised their price objective for the stock from $215.00 to $220.00 in a research report on Friday, March 7th. Oppenheimer cut JPMorgan Chase & Co. from an “outperform” rating to a “market perform” rating in a report on Wednesday, November 20th. Finally, Truist Financial lifted their price objective on JPMorgan Chase & Co. from $260.00 to $268.00 and gave the company a “hold” rating in a research note on Thursday, January 16th. Ten investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $252.89.

JPMorgan Chase & Co. Stock Up 3.4 %

Shares of JPMorgan Chase & Co. stock opened at $232.94 on Monday. The business’s fifty day moving average price is $258.29 and its two-hundred day moving average price is $238.95. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.88 and a quick ratio of 0.89. The company has a market capitalization of $651.31 billion, a P/E ratio of 11.80, a PEG ratio of 2.83 and a beta of 1.10. JPMorgan Chase & Co. has a 1-year low of $179.20 and a 1-year high of $280.25.

JPMorgan Chase & Co. (NYSE:JPM) last announced its earnings results on Wednesday, January 15th. The financial services provider reported $4.81 earnings per share for the quarter, beating the consensus estimate of $4.03 by $0.78. The firm had revenue of $42.77 billion for the quarter, compared to the consensus estimate of $41.90 billion. JPMorgan Chase & Co. had a return on equity of 16.99% and a net margin of 20.96%. The firm’s revenue for the quarter was up 10.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.04 EPS. As a group, research analysts forecast that JPMorgan Chase & Co. will post 18.1 EPS for the current year.

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.