Callan Family Office LLC Buys 32,917 Shares of JPMorgan Chase & Co. (NYSE:JPM)

Callan Family Office LLC increased its stake in JPMorgan Chase & Co. (NYSE:JPM) by 385.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 41,460 shares of the financial services provider’s stock after acquiring an additional 32,917 shares during the period. JPMorgan Chase & Co. comprises about 0.6% of Callan Family Office LLC’s holdings, making the stock its 27th largest holding. Callan Family Office LLC’s holdings in JPMorgan Chase & Co. were worth $9,938,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. EagleClaw Capital Managment LLC grew its holdings in shares of JPMorgan Chase & Co. by 3.5% during the 4th quarter. EagleClaw Capital Managment LLC now owns 55,951 shares of the financial services provider’s stock worth $13,412,000 after acquiring an additional 1,891 shares during the period. Hartford Funds Management Co LLC grew its holdings in shares of JPMorgan Chase & Co. by 6.8% during the 4th quarter. Hartford Funds Management Co LLC now owns 17,378 shares of the financial services provider’s stock worth $4,166,000 after acquiring an additional 1,101 shares during the period. E Fund Management Co. Ltd. grew its holdings in shares of JPMorgan Chase & Co. by 55.1% during the 4th quarter. E Fund Management Co. Ltd. now owns 33,741 shares of the financial services provider’s stock worth $8,088,000 after acquiring an additional 11,980 shares during the period. Candriam S.C.A. grew its holdings in shares of JPMorgan Chase & Co. by 41.0% during the 4th quarter. Candriam S.C.A. now owns 763,517 shares of the financial services provider’s stock worth $183,023,000 after acquiring an additional 222,056 shares during the period. Finally, Chung Wu Investment Group LLC purchased a new position in shares of JPMorgan Chase & Co. during the 4th quarter worth approximately $3,708,000. Institutional investors own 71.55% of the company’s stock.

Insider Buying and Selling

In other news, CEO Troy L. Rohrbaugh sold 37,500 shares of the stock in a transaction that occurred 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 sale, the chief executive officer now owns 158,381 shares of the company’s stock, valued at $42,737,529.04. This represents a 19.14 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Robin Leopold sold 1,250 shares of the stock in a transaction that occurred on Thursday, February 20th. The shares were 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 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. Insiders sold a total of 46,326 shares of company stock worth $12,448,445 in the last 90 days. Insiders own 0.79% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on JPM shares. Truist Financial upped their target price on JPMorgan Chase & Co. from $260.00 to $268.00 and gave the stock a “hold” rating in a report on Thursday, January 16th. Baird R W upgraded JPMorgan Chase & Co. from a “strong sell” rating to a “hold” rating in a research note on Friday, March 7th. UBS Group upped their price target on JPMorgan Chase & Co. from $276.00 to $287.00 and gave the stock a “buy” rating in a research note on Thursday, January 16th. Robert W. Baird upgraded JPMorgan Chase & Co. from an “underperform” rating to a “neutral” rating and upped their price target for the stock from $215.00 to $220.00 in a research note on Friday, March 7th. Finally, Oppenheimer downgraded JPMorgan Chase & Co. from an “outperform” rating to a “market perform” rating in a research note on Wednesday, November 20th. Ten research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $252.89.

JPMorgan Chase & Co. Trading Up 3.4 %

NYSE JPM opened at $232.94 on Monday. The company has a market capitalization of $651.31 billion, a PE ratio of 11.80, a P/E/G ratio of 2.83 and a beta of 1.10. The company has a fifty day moving average of $258.29 and a 200 day moving average of $238.95. JPMorgan Chase & Co. has a 1 year low of $179.20 and a 1 year high of $280.25. 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 issued its quarterly earnings data on Wednesday, January 15th. The financial services provider reported $4.81 earnings per share for the quarter, topping analysts’ consensus estimates 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 company’s revenue was up 10.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.04 earnings per share. Research analysts forecast that JPMorgan Chase & Co. will post 18.1 earnings per share 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.