First Personal Financial Services Has $6.34 Million Stock Holdings in JPMorgan Chase & Co. (NYSE:JPM)

First Personal Financial Services increased its holdings in shares of JPMorgan Chase & Co. (NYSE:JPM) by 1.4% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 37,256 shares of the financial services provider’s stock after purchasing an additional 505 shares during the period. JPMorgan Chase & Co. makes up approximately 1.5% of First Personal Financial Services’ holdings, making the stock its 27th largest position. First Personal Financial Services’ holdings in JPMorgan Chase & Co. were worth $6,337,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Macroview Investment Management LLC increased its stake in JPMorgan Chase & Co. by 7,833.3% during the third quarter. Macroview Investment Management LLC now owns 238 shares of the financial services provider’s stock valued at $34,000 after acquiring an additional 235 shares during the period. Briaud Financial Planning Inc bought a new position in JPMorgan Chase & Co. during the third quarter valued at about $40,000. Morton Brown Family Wealth LLC increased its stake in JPMorgan Chase & Co. by 2,308.3% during the fourth quarter. Morton Brown Family Wealth LLC now owns 289 shares of the financial services provider’s stock valued at $49,000 after acquiring an additional 277 shares during the period. FSC Wealth Advisors LLC grew its stake in shares of JPMorgan Chase & Co. by 290.9% in the 3rd quarter. FSC Wealth Advisors LLC now owns 387 shares of the financial services provider’s stock valued at $56,000 after purchasing an additional 288 shares during the period. Finally, Legacy Financial Group LLC bought a new stake in shares of JPMorgan Chase & Co. in the 3rd quarter valued at approximately $58,000. 71.55% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, Vice Chairman Peter Scher sold 1,810 shares of the firm’s stock in a transaction on Friday, February 16th. The stock was sold at an average price of $178.96, for a total value of $323,917.60. Following the transaction, the insider now directly owns 44,956 shares in the company, valued at approximately $8,045,325.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, Vice Chairman Peter Scher sold 1,810 shares of the firm’s stock in a transaction on Friday, February 16th. The stock was sold at an average price of $178.96, for a total value of $323,917.60. Following the transaction, the insider now directly owns 44,956 shares in the company, valued at approximately $8,045,325.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Ashley Bacon sold 3,368 shares of the firm’s stock in a transaction on Friday, February 16th. The stock was sold at an average price of $179.00, for a total value of $602,872.00. Following the completion of the transaction, the insider now owns 202,093 shares in the company, valued at $36,174,647. The disclosure for this sale can be found here. In the last quarter, insiders have sold 1,020,696 shares of company stock valued at $186,794,151. 0.79% of the stock is currently owned by corporate insiders.

JPMorgan Chase & Co. Stock Up 0.6 %

NYSE:JPM opened at $181.14 on Friday. The stock’s fifty day moving average price is $188.61 and its two-hundred day moving average price is $168.59. JPMorgan Chase & Co. has a 52-week low of $131.81 and a 52-week high of $200.94. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.91 and a current ratio of 0.92. The company has a market cap of $520.25 billion, a price-to-earnings ratio of 10.94, a P/E/G ratio of 2.27 and a beta of 1.15.

JPMorgan Chase & Co. Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Friday, April 5th will be issued a dividend of $1.15 per share. This is an increase from JPMorgan Chase & Co.’s previous quarterly dividend of $1.05. The ex-dividend date of this dividend is Thursday, April 4th. This represents a $4.60 annualized dividend and a yield of 2.54%. JPMorgan Chase & Co.’s dividend payout ratio is currently 27.78%.

Analyst Upgrades and Downgrades

JPM has been the topic of several analyst reports. BMO Capital Markets lowered their price objective on JPMorgan Chase & Co. from $196.00 to $195.00 and set a “market perform” rating on the stock in a research note on Monday. Bank of America upped their price objective on JPMorgan Chase & Co. from $177.00 to $188.00 and gave the company a “buy” rating in a research note on Thursday, January 4th. Barclays upped their price objective on JPMorgan Chase & Co. from $186.00 to $212.00 and gave the company an “overweight” rating in a research note on Tuesday, January 2nd. Oppenheimer lowered their price objective on JPMorgan Chase & Co. from $219.00 to $217.00 and set an “outperform” rating on the stock in a research note on Monday. Finally, Keefe, Bruyette & Woods upped their price objective on JPMorgan Chase & Co. from $182.00 to $195.00 and gave the company a “market perform” rating in a research note on Friday, April 5th. Eight research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $192.05.

About JPMorgan Chase & Co.

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.