Geneva Partners LLC raised its position in JPMorgan Chase & Co. (NYSE:JPM) by 3.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 36,839 shares of the financial services provider’s stock after purchasing an additional 1,125 shares during the period. JPMorgan Chase & Co. accounts for 3.5% of Geneva Partners LLC’s investment portfolio, making the stock its 7th biggest position. Geneva Partners LLC’s holdings in JPMorgan Chase & Co. were worth $5,135,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in JPM. Meridian Financial Partners LLC grew its position in shares of JPMorgan Chase & Co. by 1.6% during the fourth quarter. Meridian Financial Partners LLC now owns 4,753 shares of the financial services provider’s stock worth $651,000 after acquiring an additional 76 shares during the last quarter. Signet Financial Management LLC lifted its holdings in shares of JPMorgan Chase & Co. by 1.7% during the fourth quarter. Signet Financial Management LLC now owns 4,678 shares of the financial services provider’s stock worth $652,000 after purchasing an additional 78 shares during the period. Corundum Group Inc. lifted its holdings in shares of JPMorgan Chase & Co. by 2.3% during the fourth quarter. Corundum Group Inc. now owns 3,590 shares of the financial services provider’s stock worth $500,000 after purchasing an additional 79 shares during the period. Integrated Investment Consultants LLC lifted its holdings in shares of JPMorgan Chase & Co. by 0.4% during the fourth quarter. Integrated Investment Consultants LLC now owns 20,458 shares of the financial services provider’s stock worth $2,852,000 after purchasing an additional 84 shares during the period. Finally, Eukles Asset Management lifted its holdings in shares of JPMorgan Chase & Co. by 36.5% during the third quarter. Eukles Asset Management now owns 318 shares of the financial services provider’s stock worth $37,000 after purchasing an additional 85 shares during the period. 72.11% of the stock is owned by hedge funds and other institutional investors.

A number of research firms have commented on JPM. UBS Group downgraded JPMorgan Chase & Co. from a “buy” rating to a “neutral” rating and raised their target price for the company from $132.00 to $138.00 in a report on Monday, January 6th. Morgan Stanley raised their target price on JPMorgan Chase & Co. from $146.00 to $151.00 and gave the company an “overweight” rating in a report on Wednesday, January 15th. Odeon Capital Group raised JPMorgan Chase & Co. from a “hold” rating to a “buy” rating in a report on Monday, February 3rd. Citigroup raised their target price on JPMorgan Chase & Co. from $116.00 to $140.00 and gave the company a “neutral” rating in a report on Monday, December 16th. Finally, BMO Capital Markets raised their target price on JPMorgan Chase & Co. to and gave the company a “market perform” rating in a report on Wednesday, January 15th. Two analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and eight have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $135.29.

In other news, CEO Douglas B. Petno sold 62,085 shares of JPMorgan Chase & Co. stock in a transaction on Monday, January 27th. The stock was sold at an average price of $131.94, for a total transaction of $8,191,494.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Daniel E. Pinto sold 15,212 shares of JPMorgan Chase & Co. stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $135.72, for a total value of $2,064,572.64. Following the transaction, the chief executive officer now directly owns 458,209 shares of the company’s stock, valued at approximately $62,188,125.48. The disclosure for this sale can be found here. Insiders have sold a total of 128,814 shares of company stock valued at $17,318,144 in the last ninety days. Corporate insiders own 0.76% of the company’s stock.

NYSE:JPM opened at $137.88 on Friday. The company has a market capitalization of $432.02 billion, a PE ratio of 12.86, a price-to-earnings-growth ratio of 2.57 and a beta of 1.19. The company has a quick ratio of 0.93, a current ratio of 0.92 and a debt-to-equity ratio of 1.24. JPMorgan Chase & Co. has a 52-week low of $98.09 and a 52-week high of $141.10. The stock has a fifty day simple moving average of $136.79 and a 200-day simple moving average of $125.05.

JPMorgan Chase & Co. (NYSE:JPM) last released its quarterly earnings results on Tuesday, January 14th. The financial services provider reported $2.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.32 by $0.25. The business had revenue of $28.30 billion during the quarter, compared to the consensus estimate of $27.69 billion. JPMorgan Chase & Co. had a return on equity of 15.19% and a net margin of 25.49%. The business’s revenue was up 8.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.98 EPS. As a group, equities analysts anticipate that JPMorgan Chase & Co. will post 10.71 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Monday, January 6th were paid a dividend of $0.90 per share. This represents a $3.60 annualized dividend and a dividend yield of 2.61%. The ex-dividend date of this dividend was Friday, January 3rd. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is presently 34.35%.

JPMorgan Chase & Co. Company 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 and investment products and services to consumers; lending, deposit, and cash management and payment solutions to small businesses; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit card, payment processing, auto loan, and leasing services.

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Institutional Ownership by Quarter for JPMorgan Chase & Co. (NYSE:JPM)

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