Capital City Trust Co. FL Purchases 2,283 Shares of JPMorgan Chase & Co. (NYSE:JPM)

Capital City Trust Co. FL grew its position in shares of JPMorgan Chase & Co. (NYSE:JPM) by 16.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 16,062 shares of the financial services provider’s stock after purchasing an additional 2,283 shares during the quarter. Capital City Trust Co. FL’s holdings in JPMorgan Chase & Co. were worth $3,850,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Callan Capital LLC boosted its stake in shares of JPMorgan Chase & Co. by 8.7% during the fourth quarter. Callan Capital LLC now owns 11,311 shares of the financial services provider’s stock valued at $2,711,000 after purchasing an additional 906 shares during the period. Navellier & Associates Inc. raised its holdings in JPMorgan Chase & Co. by 10.4% during the 4th quarter. Navellier & Associates Inc. now owns 9,540 shares of the financial services provider’s stock valued at $2,287,000 after buying an additional 900 shares during the last quarter. Wealth Management Nebraska purchased a new stake in JPMorgan Chase & Co. during the 4th quarter valued at $211,000. Matauro LLC bought a new stake in JPMorgan Chase & Co. in the 4th quarter worth $446,000. Finally, Bell Bank increased its position in shares of JPMorgan Chase & Co. by 2.0% in the fourth quarter. Bell Bank now owns 18,391 shares of the financial services provider’s stock valued at $4,409,000 after acquiring an additional 359 shares during the period. 71.55% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

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

JPMorgan Chase & Co. Stock Down 4.1 %

Shares of JPM opened at $249.94 on Wednesday. The company has a quick ratio of 0.89, a current ratio of 0.88 and a debt-to-equity ratio of 1.24. The business has a fifty day moving average of $259.14 and a 200 day moving average of $237.92. The company has a market cap of $698.85 billion, a PE ratio of 12.66, a P/E/G ratio of 2.83 and a beta of 1.12. JPMorgan Chase & Co. has a 52-week low of $179.20 and a 52-week high of $280.25.

JPMorgan Chase & Co. (NYSE:JPM) last announced its quarterly earnings data 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. The business had revenue of $42.77 billion during the quarter, compared to the consensus estimate of $41.90 billion. JPMorgan Chase & Co. had a net margin of 20.96% and a return on equity of 16.99%. The firm’s quarterly revenue was up 10.9% compared to the same quarter last year. During the same quarter last year, the firm earned $3.04 earnings per share. On average, sell-side analysts expect that JPMorgan Chase & Co. will post 18.1 EPS for the current year.

JPMorgan Chase & Co. Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Monday, January 6th were paid a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a yield of 2.00%. The ex-dividend date of this dividend was Monday, January 6th. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is presently 25.33%.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. UBS Group boosted their price objective on shares of JPMorgan Chase & Co. from $276.00 to $287.00 and gave the company a “buy” rating in a research report on Thursday, January 16th. Bank of America raised their price objective 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 raised JPMorgan Chase & Co. from a “peer perform” rating to an “outperform” rating and set a $269.00 price objective on the stock in a research report on Friday, January 3rd. Baird R W lowered JPMorgan Chase & Co. from a “hold” rating to a “strong sell” rating in a research report on Thursday, November 7th. Finally, Wells Fargo & Company lifted their price target on JPMorgan Chase & Co. from $240.00 to $270.00 and gave the company an “overweight” rating in a research report on Friday, November 15th. 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 data from MarketBeat.com, JPMorgan Chase & Co. has a consensus rating of “Hold” and an average target price of $251.78.

JPMorgan Chase & Co. 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.