Silvia Mccoll Wealth Management LLC Has $1.36 Million Position in JPMorgan Chase & Co. (NYSE:JPM)

Silvia Mccoll Wealth Management LLC lessened its stake in JPMorgan Chase & Co. (NYSE:JPM) by 2.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,660 shares of the financial services provider’s stock after selling 168 shares during the quarter. JPMorgan Chase & Co. accounts for about 1.0% of Silvia Mccoll Wealth Management LLC’s holdings, making the stock its 26th biggest position. Silvia Mccoll Wealth Management LLC’s holdings in JPMorgan Chase & Co. were worth $1,357,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Eagle Capital Management LLC grew its stake in shares of JPMorgan Chase & Co. by 0.4% in the 2nd quarter. Eagle Capital Management LLC now owns 21,867 shares of the financial services provider’s stock valued at $4,423,000 after buying an additional 84 shares in the last quarter. Fiera Capital Corp grew its position in JPMorgan Chase & Co. by 1.7% in the second quarter. Fiera Capital Corp now owns 3,738 shares of the financial services provider’s stock worth $756,000 after acquiring an additional 63 shares in the last quarter. Hardin Capital Partners LLC acquired a new position in shares of JPMorgan Chase & Co. during the 2nd quarter worth $1,378,000. SYM FINANCIAL Corp raised its holdings in shares of JPMorgan Chase & Co. by 1.2% during the 2nd quarter. SYM FINANCIAL Corp now owns 4,848 shares of the financial services provider’s stock valued at $981,000 after purchasing an additional 59 shares in the last quarter. Finally, CoreCap Advisors LLC acquired a new stake in shares of JPMorgan Chase & Co. in the 2nd quarter valued at $5,341,000. Hedge funds and other institutional investors own 71.55% of the company’s stock.

JPMorgan Chase & Co. Trading Up 0.7 %

JPMorgan Chase & Co. stock opened at $254.15 on Friday. The business has a 50 day moving average price of $242.70 and a two-hundred day moving average price of $223.72. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 1.27. JPMorgan Chase & Co. has a 12 month low of $165.24 and a 12 month high of $257.04. The stock has a market cap of $715.53 billion, a price-to-earnings ratio of 14.14, a price-to-earnings-growth ratio of 3.16 and a beta of 1.11.

JPMorgan Chase & Co. (NYSE:JPM) last issued its earnings results on Wednesday, January 15th. The financial services provider reported $4.81 EPS for the quarter, beating analysts’ consensus estimates of $4.03 by $0.78. JPMorgan Chase & Co. had a return on equity of 16.71% and a net margin of 19.64%. The business had revenue of $42.77 billion during the quarter, compared to analyst estimates of $41.90 billion. During the same period in the prior year, the company posted $3.04 earnings per share. JPMorgan Chase & Co.’s revenue was up 10.9% on a year-over-year basis. As a group, equities analysts forecast that JPMorgan Chase & Co. will post 17.46 EPS for the current year.

JPMorgan Chase & Co. Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Monday, January 6th will be given a dividend of $1.25 per share. The ex-dividend date of this dividend is Monday, January 6th. This represents a $5.00 annualized dividend and a dividend yield of 1.97%. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is currently 27.82%.

Insider Activity at JPMorgan Chase & Co.

In related news, General Counsel Stacey Friedman sold 3,303 shares of the firm’s stock in a transaction that occurred on Thursday, January 16th. The stock was sold at an average price of $253.94, for a total transaction of $838,763.82. Following the completion of the transaction, the general counsel now owns 47,620 shares in the company, valued at $12,092,622.80. This trade represents a 6.49 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.79% of the stock is currently owned by insiders.

Analyst Ratings Changes

JPM has been the topic of several recent research reports. Oppenheimer lowered JPMorgan Chase & Co. from an “outperform” rating to a “market perform” rating in a report on Wednesday, November 20th. Wells Fargo & Company raised their price objective on JPMorgan Chase & Co. from $240.00 to $270.00 and gave the company an “overweight” rating in a research note on Friday, November 15th. Keefe, Bruyette & Woods increased their price target on JPMorgan Chase & Co. from $257.00 to $264.00 and gave the company a “market perform” rating in a report on Thursday. Piper Sandler lifted their price target on shares of JPMorgan Chase & Co. from $240.00 to $275.00 and gave the company an “overweight” rating in a research report on Tuesday, December 3rd. Finally, UBS Group upped their price objective on shares of JPMorgan Chase & Co. from $276.00 to $287.00 and gave the stock a “buy” rating in a report on Thursday. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat, JPMorgan Chase & Co. currently has a consensus rating of “Hold” and an average target price of $251.78.

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.