JPMorgan Chase & Co. (NYSE:JPM) Stock Position Reduced by Lionsbridge Wealth Management LLC

Lionsbridge Wealth Management LLC lessened its position in shares of JPMorgan Chase & Co. (NYSE:JPM) by 3.0% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,031 shares of the financial services provider’s stock after selling 218 shares during the period. Lionsbridge Wealth Management LLC’s holdings in JPMorgan Chase & Co. were worth $1,408,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the company. Trust Co of the South increased its position in shares of JPMorgan Chase & Co. by 1.1% during 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 period. 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 valued at $1,048,000 after purchasing an additional 55 shares during the period. Murphy Middleton Hinkle & Parker Inc. increased its position in shares of JPMorgan Chase & Co. by 2.0% during 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 purchasing an additional 55 shares during the period. KFG Wealth Management LLC increased its position in shares of JPMorgan Chase & Co. by 3.6% during the 1st quarter. KFG Wealth Management LLC now owns 1,594 shares of the financial services provider’s stock valued at $319,000 after purchasing an additional 56 shares during the period. Finally, Silvia Mccoll Wealth Management LLC increased its position in shares of JPMorgan Chase & Co. by 1.0% during the 1st quarter. Silvia Mccoll Wealth Management LLC now owns 5,978 shares of the financial services provider’s stock valued at $1,169,000 after purchasing an additional 58 shares during the period. Institutional investors own 71.55% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Robert W. Baird lifted their price target on JPMorgan Chase & Co. from $175.00 to $185.00 and gave the company a “neutral” rating in a research report on Tuesday, May 21st. Keefe, Bruyette & Woods raised their price objective on JPMorgan Chase & Co. from $209.00 to $211.00 and gave the stock a “market perform” rating in a research note on Tuesday. Oppenheimer reduced their price objective on JPMorgan Chase & Co. from $219.00 to $217.00 and set an “outperform” rating for the company in a research note on Monday, April 15th. Jefferies Financial Group raised their price objective on JPMorgan Chase & Co. from $230.00 to $239.00 and gave the stock a “buy” rating in a research note on Wednesday, July 3rd. Finally, UBS Group raised their price objective on JPMorgan Chase & Co. from $219.00 to $224.00 and gave the stock a “buy” rating in a research note on Tuesday, May 21st. Nine research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $196.58.

Insider Buying and Selling at JPMorgan Chase & Co.

In other JPMorgan Chase & Co. news, General Counsel Stacey Friedman sold 4,415 shares of the business’s stock in a transaction dated Monday, May 20th. The stock was sold at an average price of $200.65, for a total value of $885,869.75. Following the completion of the sale, the general counsel now owns 42,124 shares of the company’s stock, valued at $8,452,180.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In related news, General Counsel Stacey Friedman sold 4,415 shares of the firm’s stock in a transaction that occurred on Monday, May 20th. The stock was sold at an average price of $200.65, for a total value of $885,869.75. Following the transaction, the general counsel now directly owns 42,124 shares of the company’s stock, valued at approximately $8,452,180.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO James Dimon sold 178,222 shares of the business’s stock in a transaction that occurred on Monday, April 15th. The stock was sold at an average price of $184.18, for a total value of $32,824,927.96. Following the completion of the sale, the chief executive officer now owns 264,461 shares of the company’s stock, valued at $48,708,426.98. The disclosure for this sale can be found here. Insiders have sold a total of 250,565 shares of company stock worth $46,962,717 over the last three months. Corporate insiders own 0.79% of the company’s stock.

JPMorgan Chase & Co. Trading Down 0.2 %

NYSE:JPM opened at $207.43 on Friday. The company has a market capitalization of $595.67 billion, a P/E ratio of 12.53, a P/E/G ratio of 2.75 and a beta of 1.12. The stock’s 50 day moving average price is $199.59 and its 200 day moving average price is $188.54. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.92 and a current ratio of 0.92. JPMorgan Chase & Co. has a 52 week low of $135.19 and a 52 week high of $210.38.

JPMorgan Chase & Co. (NYSE:JPM) last announced its quarterly earnings results on Friday, April 12th. The financial services provider reported $4.63 EPS for the quarter, topping the consensus estimate of $4.18 by $0.45. The company had revenue of $41.93 billion for the quarter, compared to analyst estimates of $40.90 billion. JPMorgan Chase & Co. had a net margin of 20.05% and a return on equity of 17.79%. On average, research analysts forecast that JPMorgan Chase & Co. will post 16.47 EPS for the current fiscal year.

JPMorgan Chase & Co. Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 31st. Shareholders of record on Friday, July 5th will be given a dividend of $1.15 per share. This represents a $4.60 annualized dividend and a yield of 2.22%. The ex-dividend date is Friday, July 5th. JPMorgan Chase & Co.’s payout ratio is 27.78%.

JPMorgan Chase & Co. Profile

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.