JPMorgan Chase & Co. (NYSE:JPM) Shares Acquired by Criterion Capital Advisors LLC

Criterion Capital Advisors LLC increased its stake in shares of JPMorgan Chase & Co. (NYSE:JPM) by 3.6% during the 1st quarter, Holdings Channel reports. The fund owned 18,835 shares of the financial services provider’s stock after purchasing an additional 663 shares during the quarter. JPMorgan Chase & Co. makes up about 2.5% of Criterion Capital Advisors LLC’s investment portfolio, making the stock its 7th largest position. Criterion Capital Advisors LLC’s holdings in JPMorgan Chase & Co. were worth $3,773,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Trust Co of the South lifted its stake in shares of JPMorgan Chase & Co. by 1.1% in the 1st quarter. Trust Co of the South now owns 4,946 shares of the financial services provider’s stock valued at $991,000 after purchasing an additional 53 shares during the last quarter. PFW Advisors LLC increased its position in shares of JPMorgan Chase & Co. by 1.1% during the 1st quarter. PFW Advisors LLC now owns 5,232 shares of the financial services provider’s stock worth $1,048,000 after purchasing an additional 55 shares during the last quarter. Murphy Middleton Hinkle & Parker Inc. raised its holdings in JPMorgan Chase & Co. by 2.0% in the 1st quarter. Murphy Middleton Hinkle & Parker Inc. now owns 2,837 shares of the financial services provider’s stock valued at $568,000 after buying an additional 55 shares during the period. Oarsman Capital Inc. increased its stake in JPMorgan Chase & Co. by 0.5% during the fourth quarter. Oarsman Capital Inc. now owns 11,008 shares of the financial services provider’s stock worth $1,872,000 after purchasing an additional 59 shares during the period. Finally, Curbstone Financial Management Corp lifted its position in shares of JPMorgan Chase & Co. by 0.3% during the fourth quarter. Curbstone Financial Management Corp now owns 23,930 shares of the financial services provider’s stock worth $4,070,000 after purchasing an additional 60 shares in the last quarter. 71.55% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at JPMorgan Chase & Co.

In other news, insider Robin Leopold sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, May 10th. The shares were sold at an average price of $198.86, for a total transaction of $596,580.00. Following the transaction, the insider now directly owns 44,113 shares in the company, valued at $8,772,311.18. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other JPMorgan Chase & Co. news, insider Elena A. Korablina sold 21,829 shares of the stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of $190.91, for a total transaction of $4,167,374.39. Following the completion of the sale, the insider now directly owns 6,484 shares of the company’s stock, valued at approximately $1,237,860.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Robin Leopold sold 3,000 shares of the business’s stock in a transaction that occurred on Friday, May 10th. The shares were sold at an average price of $198.86, for a total value of $596,580.00. Following the completion of the transaction, the insider now directly owns 44,113 shares in the company, valued at approximately $8,772,311.18. The disclosure for this sale can be found here. Over the last quarter, insiders sold 250,565 shares of company stock worth $46,962,717. 0.79% of the stock is owned by insiders.

JPMorgan Chase & Co. Price Performance

Shares of JPM opened at $205.45 on Tuesday. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.92 and a quick ratio of 0.92. JPMorgan Chase & Co. has a 1-year low of $135.19 and a 1-year high of $207.09. The stock has a market cap of $589.98 billion, a PE ratio of 12.41, a price-to-earnings-growth ratio of 2.72 and a beta of 1.12. The firm has a fifty day moving average price of $196.91 and a 200 day moving average price of $186.28.

JPMorgan Chase & Co. (NYSE:JPM) last posted its earnings results on Friday, April 12th. The financial services provider reported $4.63 EPS for the quarter, topping analysts’ consensus estimates of $4.18 by $0.45. JPMorgan Chase & Co. had a return on equity of 17.79% and a net margin of 20.05%. The business had revenue of $41.93 billion for the quarter, compared to analysts’ expectations of $40.90 billion. As a group, sell-side analysts anticipate that JPMorgan Chase & Co. will post 16.44 EPS for the current year.

JPMorgan Chase & Co. Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 31st. Shareholders of record on Friday, July 5th will be paid a $1.15 dividend. This represents a $4.60 dividend on an annualized basis and a yield of 2.24%. The ex-dividend date is Friday, July 5th. JPMorgan Chase & Co.’s dividend payout ratio is currently 27.78%.

Wall Street Analysts Forecast Growth

JPM has been the subject of a number of research reports. UBS Group lifted their price objective on shares of JPMorgan Chase & Co. from $219.00 to $224.00 and gave the company a “buy” rating in a report on Tuesday, May 21st. Evercore ISI upped their price objective on JPMorgan Chase & Co. from $188.00 to $210.00 and gave the stock an “outperform” rating in a research report on Thursday, April 4th. Morgan Stanley decreased their target price on JPMorgan Chase & Co. from $216.00 to $214.00 and set an “overweight” rating for the company in a report on Tuesday, May 21st. BMO Capital Markets cut their price target on JPMorgan Chase & Co. from $196.00 to $195.00 and set a “market perform” rating on the stock in a report on Monday, April 15th. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a $211.00 price objective on shares of JPMorgan Chase & Co. in a research note on Tuesday, May 21st. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and thirteen have issued a buy rating to the company’s stock. According to data from MarketBeat, JPMorgan Chase & Co. currently has a consensus rating of “Moderate Buy” and a consensus price target of $194.10.

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.