Compton Wealth Advisory Group LLC Increases Stake in JPMorgan Chase & Co. (NYSE:JPM)

Compton Wealth Advisory Group LLC increased its holdings in shares of JPMorgan Chase & Co. (NYSE:JPM) by 1.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 29,918 shares of the financial services provider’s stock after acquiring an additional 472 shares during the period. JPMorgan Chase & Co. makes up approximately 1.9% of Compton Wealth Advisory Group LLC’s portfolio, making the stock its 16th biggest holding. Compton Wealth Advisory Group LLC’s holdings in JPMorgan Chase & Co. were worth $7,172,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Kieckhefer Group LLC acquired a new stake in JPMorgan Chase & Co. in the 4th quarter valued at about $50,000. ACT Advisors LLC. acquired a new stake in shares of JPMorgan Chase & Co. in the fourth quarter valued at approximately $246,000. Fiduciary Alliance LLC increased its stake in shares of JPMorgan Chase & Co. by 27.2% during the 4th quarter. Fiduciary Alliance LLC now owns 141,701 shares of the financial services provider’s stock worth $33,967,000 after purchasing an additional 30,293 shares in the last quarter. Winthrop Advisory Group LLC lifted its stake in JPMorgan Chase & Co. by 6.6% in the 4th quarter. Winthrop Advisory Group LLC now owns 18,259 shares of the financial services provider’s stock valued at $4,377,000 after buying an additional 1,124 shares in the last quarter. Finally, EWG Elevate Inc. grew its holdings in JPMorgan Chase & Co. by 16.0% during the 4th quarter. EWG Elevate Inc. now owns 1,400 shares of the financial services provider’s stock valued at $336,000 after buying an additional 193 shares during the last quarter. Institutional investors and hedge funds own 71.55% of the company’s stock.

JPMorgan Chase & Co. Stock Performance

Shares of JPM traded up $2.95 during trading hours on Monday, reaching $242.82. 3,663,949 shares of the company’s stock traded hands, compared to its average volume of 8,542,677. The firm has a market capitalization of $683.62 billion, a price-to-earnings ratio of 13.51, a P/E/G ratio of 3.54 and a beta of 1.11. The business’s fifty day simple moving average is $241.59 and its two-hundred day simple moving average is $222.88. JPMorgan Chase & Co. has a twelve month low of $164.30 and a twelve month high of $254.31. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.89 and a quick ratio of 0.89.

JPMorgan Chase & Co. (NYSE:JPM) last issued its quarterly earnings results on Friday, October 11th. The financial services provider reported $4.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.02 by $0.35. The firm had revenue of $43.32 billion during the quarter, compared to analyst estimates of $41.43 billion. JPMorgan Chase & Co. had a return on equity of 16.71% and a net margin of 19.64%. The firm’s quarterly revenue was up 6.5% on a year-over-year basis. During the same period last year, the company posted $4.33 EPS. Analysts predict that JPMorgan Chase & Co. will post 17.62 earnings per share for the current year.

JPMorgan Chase & Co. Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Monday, January 6th will be given a $1.25 dividend. The ex-dividend date of this dividend is Monday, January 6th. This represents a $5.00 annualized dividend and a yield of 2.06%. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is 27.82%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on JPM shares. Truist Financial assumed coverage on shares of JPMorgan Chase & Co. in a report on Tuesday, January 7th. They issued a “hold” rating and a $260.00 price target on the stock. Keefe, Bruyette & Woods lifted their target price on JPMorgan Chase & Co. from $216.00 to $254.00 and gave the company a “market perform” rating in a report on Tuesday, December 3rd. Baird R W lowered JPMorgan Chase & Co. from a “hold” rating to a “strong sell” rating in a research note on Thursday, November 7th. Wolfe Research raised JPMorgan Chase & Co. from a “peer perform” rating to an “outperform” rating and set a $269.00 price objective on the stock in a research note on Friday, January 3rd. Finally, Piper Sandler increased their target price on shares of JPMorgan Chase & Co. from $240.00 to $275.00 and gave the stock an “overweight” rating in a research report on Tuesday, December 3rd. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $245.83.

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, 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.