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Capital Advisors Inc. OK has a $103.57 million stake in JPMorgan Chase & Co. (NYSE:JPM)


Capital Advisors Inc. OK increased its position in JPMorgan Chase & Co shares. (NYSE:JPM) rose 13.9% in the fourth quarter, the company said in its most recent notice to the SEC. The institutional investor owned 608,857 shares of the financial services provider, after purchasing an additional 74,464 shares during the quarter. JPMorgan Chase & Co. accounts for approximately 2.3% of Capital Advisors Inc.’s portfolio. OK, making the stock the fifth largest holding. Capital Advisors Inc. OK’s interests in JPMorgan Chase & Co. were worth $103,567,000 at the end of the most recent reporting period.

A number of other hedge funds have also changed their holdings in the company. Curbstone Financial Management Corp has sold its stake in JPMorgan Chase & Co. shares. expanded 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. Gray Street Capital LLC has sold its stake in JPMorgan Chase & Co. expanded by 0.9% in the fourth quarter. Gray Street Capital LLC now owns 6,994 shares of the financial services provider’s stock valued at $1,190,000 after purchasing an additional 60 shares in the last quarter. Financial Management Network Inc. expanded its stake in JPMorgan Chase & Co. in the fourth quarter by 0.8%. Financial Management Network Inc. now owns 7,523 shares of the financial services provider, valued at $1,296,000, after purchasing an additional 61 shares in the last quarter. Sendero Wealth Management LLC has sold its stake in JPMorgan Chase & Co. increased by 1.1% in the fourth quarter. Sendero Wealth Management LLC now owns 5,811 shares of the financial services provider’s stock valued at $988,000 after purchasing an additional 62 shares in the last quarter. Finally, Raleigh Capital Management Inc. his stake in JPMorgan Chase & Co. increased by 0.8% in the third quarter. Raleigh Capital Management Inc. now owns 8,151 shares of the financial services provider, valued at $1,182,000, after purchasing an additional 64 shares in the last quarter. 71.55% of the shares are currently held by institutional investors.

JPMorgan Chase & Co. Stock Performance

Shares of NYSE JPM opened at $185.80 on Friday. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.92 and a quick ratio of 0.91. The stock’s fifty-day moving average price is $188.83 and its two-hundred-day moving average price is $169.06. JPMorgan Chase & Co. has a one-year low of $131.81 and a one-year high of $200.94. The company has a market cap of $533.63 billion, a price-to-earnings ratio of 11.22, a price-to-earnings ratio of 2.28, and a beta of 1.15.

JPMorgan Chase & Co. increases dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 30. A dividend of $1.15 will be paid to shareholders of record on Friday, April 5. This represents a dividend of $4.60 annually and a yield of 2.48%. This is a positive change from JPMorgan Chase & Co’s previous quarterly dividend. from $1.05. The ex-dividend date is Thursday, April 4. JPMorgan Chase & Co.’s dividend payout ratio currently stands at 27.78%.

Insider Buying and Selling at JPMorgan Chase & Co.

In other news, CEO Jennifer Piepszak sold 1,648 shares of the company’s stock in a transaction on Friday, February 16. The stock sold at an average price of $178.96, for a total transaction of $294,926.08. Following the completion of the sale, the CEO now directly owns 32,819 shares of the company’s stock, valued at approximately $5,873,288.24. The transaction was disclosed in a filing with the SEC, which can be accessed via this hyperlink. In other news, insider Lori A. Beer sold 3,920 shares of the company’s stock in a transaction on Monday, March 25. The stock sold at an average price of $195.36, for a total transaction of $765,811.20. Following the completion of the sale, the insider now directly owns 64,783 shares in the company, valued at approximately $12,656,006.88. The transaction was disclosed in a filing with the SEC, which can be accessed via this hyperlink. Also, CEO Jennifer Piepszak sold 1,648 shares of the company’s stock in a transaction on Friday, February 16. The shares sold at an average price of $178.96, for a total value of $294,926.08. Following the sale, the CEO now owns 32,819 shares of the company’s stock, valued at $5,873,288.24. The explanation of this sale can be found here. Insiders have sold a total of 1,020,696 shares of the company’s stock, valued at $186,794,151, over the last ninety days. Currently, 0.79% of the shares are owned by corporate insiders.

Wall Street analysts weigh in

A number of research firms have spoken out about JPM. BMO Capital Markets lowered its price target for JPMorgan Chase & Co. from $196.00 to $195.00 and set a “market perform” rating for the company in a research note on Monday, April 15th. Piper Sandler lowered its price target for JPMorgan Chase & Co. from $220.00 to $215.00 and set an “overweight” rating for the company in a research note on Monday, April 15. Bank of America raised its price target for JPMorgan Chase & Co. from $177.00 to $188.00 and gave the company a “buy” rating in a research note on Thursday, January 4. Wells Fargo & Company raised its price target for JPMorgan Chase & Co. from $200.00 to $220.00 and gave the company an “overweight” rating in a research note on Wednesday, March 20. Finally, Deutsche Bank Aktiengesellschaft JPMorgan Chase & Co. upgraded their price target for the company from $140.00 to $190.00 in a research note on Tuesday, January 9th. Eight analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $192.05.

Get our latest report on JPMorgan Chase & Co.

JPMorgan Chase & Co. Company Profile

(Free report)

JPMorgan Chase & Co is active worldwide as a financial services provider. 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 credit products, cash management and payments and services; mortgage production and servicing activities; residential mortgages and mortgage loans; and credit cards, auto loans, leasing, and travel services to consumers and small businesses through bank branches, ATMs, and digital and telephone banking.

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Want to see which other hedge funds own JPM? Visit HoldingsChannel.com for the latest 13F filings and insider transactions for JPMorgan Chase & Co. (NYSE:JPM – Free Report).

Quarterly institutional ownership for JPMorgan Chase & Co.  (NYSE:JPM)



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