Capital Advisors Ltd. LLC Has $1.76 Million Stake in JPMorgan Chase & Co. (NYSE:JPM)

Capital Advisors Ltd. LLC trimmed its stake in JPMorgan Chase & Co. (NYSE:JPM) by 0.7% in the fourth quarter, HoldingsChannel.com reports. The firm owned 10,325 shares of the financial services provider’s stock after selling 72 shares during the period. Capital Advisors Ltd. LLC’s holdings in JPMorgan Chase & Co. were worth $1,756,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Opal Wealth Advisors LLC grew its holdings in JPMorgan Chase & Co. by 9.2% during the 3rd quarter. Opal Wealth Advisors LLC now owns 5,787 shares of the financial services provider’s stock worth $839,000 after acquiring an additional 489 shares during the period. Fiduciary Alliance LLC grew its holdings in JPMorgan Chase & Co. by 1.7% during the 3rd quarter. Fiduciary Alliance LLC now owns 103,775 shares of the financial services provider’s stock worth $15,049,000 after acquiring an additional 1,710 shares during the period. Czech National Bank grew its holdings in JPMorgan Chase & Co. by 46.8% during the 3rd quarter. Czech National Bank now owns 507,948 shares of the financial services provider’s stock worth $73,663,000 after acquiring an additional 162,007 shares during the period. L. Roy Papp & Associates LLP grew its holdings in JPMorgan Chase & Co. by 2.5% during the 3rd quarter. L. Roy Papp & Associates LLP now owns 25,800 shares of the financial services provider’s stock worth $3,742,000 after acquiring an additional 635 shares during the period. Finally, Asset Management One Co. Ltd. grew its holdings in JPMorgan Chase & Co. by 1.7% during the 3rd quarter. Asset Management One Co. Ltd. now owns 1,410,979 shares of the financial services provider’s stock worth $204,620,000 after acquiring an additional 23,732 shares during the period. 71.55% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at JPMorgan Chase & Co.

In other news, insider Ashley Bacon sold 3,368 shares of the firm’s stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $179.00, for a total transaction of $602,872.00. Following the completion of the sale, the insider now owns 202,093 shares in the company, valued at approximately $36,174,647. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, CEO James Dimon sold 821,778 shares of the firm’s stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $182.73, for a total transaction of $150,163,493.94. Following the completion of the sale, the chief executive officer now owns 595,316 shares in the company, valued at approximately $108,782,092.68. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Ashley Bacon sold 3,368 shares of the firm’s stock in a transaction that occurred on Friday, February 16th. The stock was sold at an average price of $179.00, for a total transaction of $602,872.00. Following the sale, the insider now owns 202,093 shares of the company’s stock, valued at approximately $36,174,647. The disclosure for this sale can be found here. Insiders sold a total of 1,020,696 shares of company stock worth $186,794,151 in the last quarter. Insiders own 0.79% of the company’s stock.

Analyst Ratings Changes

A number of analysts have weighed in on the company. UBS Group decreased their price target on JPMorgan Chase & Co. from $226.00 to $219.00 and set a “buy” rating for the company in a report on Tuesday, April 16th. Keefe, Bruyette & Woods raised their target price on JPMorgan Chase & Co. from $182.00 to $195.00 and gave the company a “market perform” rating in a research note on Friday, April 5th. Barclays raised their target price on JPMorgan Chase & Co. from $186.00 to $212.00 and gave the company an “overweight” rating in a research note on Tuesday, January 2nd. Evercore ISI raised their target price on JPMorgan Chase & Co. from $188.00 to $210.00 and gave the company an “outperform” rating in a research note on Thursday, April 4th. Finally, Deutsche Bank Aktiengesellschaft raised shares of JPMorgan Chase & Co. from a “hold” rating to a “buy” rating and raised their price target for the company from $140.00 to $190.00 in a research report on Tuesday, January 9th. Eight investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $192.05.

JPMorgan Chase & Co. Price Performance

JPMorgan Chase & Co. stock opened at $191.81 on Wednesday. JPMorgan Chase & Co. has a 52 week low of $131.81 and a 52 week high of $200.94. The company’s 50 day moving average price is $190.88 and its two-hundred day moving average price is $171.56. The company has a quick ratio of 0.91, a current ratio of 0.92 and a debt-to-equity ratio of 1.29. The stock has a market cap of $550.90 billion, a P/E ratio of 11.58, a P/E/G ratio of 2.43 and a beta of 1.15.

JPMorgan Chase & Co. Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Friday, April 5th were paid a dividend of $1.15 per share. The ex-dividend date of this dividend was Thursday, April 4th. This represents a $4.60 annualized dividend and a dividend yield of 2.40%. This is a positive change from JPMorgan Chase & Co.’s previous quarterly dividend of $1.05. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is presently 27.78%.

About JPMorgan Chase & Co.

JPMorgan Chase & Co operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers deposit, investment and lending products, cash management, and payments and services; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, auto loans, leases, and travel services to consumers and small businesses through bank branches, ATMs, and digital and telephone banking.