First Community Trust NA Increases Stock Position in JPMorgan Chase & Co. (NYSE:JPM)

First Community Trust NA increased its stake in shares of JPMorgan Chase & Co. (NYSE:JPM – Get Rating) by 2.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,936 shares of the financial services provider’s stock after purchasing an additional 85 shares during the period. First Community Trust NA’s holdings in JPMorgan Chase & Co. were worth $528,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its stake in shares of JPMorgan Chase & Co. by 1.1% during the 3rd quarter. Vanguard Group Inc. now owns 272,539,783 shares of the financial services provider’s stock valued at $28,480,408,000 after purchasing an additional 2,918,554 shares during the period. Price T Rowe Associates Inc. MD grew its position in JPMorgan Chase & Co. by 23.3% during the second quarter. Price T Rowe Associates Inc. MD now owns 31,667,210 shares of the financial services provider’s stock valued at $3,566,044,000 after buying an additional 5,978,393 shares during the period. Legal & General Group Plc increased its holdings in JPMorgan Chase & Co. by 4.2% during the second quarter. Legal & General Group Plc now owns 21,156,537 shares of the financial services provider’s stock valued at $2,382,439,000 after buying an additional 847,094 shares during the last quarter. Dimensional Fund Advisors LP raised its position in JPMorgan Chase & Co. by 5.3% in the third quarter. Dimensional Fund Advisors LP now owns 21,084,558 shares of the financial services provider’s stock worth $2,203,621,000 after acquiring an additional 1,058,790 shares during the period. Finally, Franklin Resources Inc. raised its position in JPMorgan Chase & Co. by 21.1% in the second quarter. Franklin Resources Inc. now owns 19,739,048 shares of the financial services provider’s stock worth $2,222,815,000 after acquiring an additional 3,435,522 shares during the period. Institutional investors own 67.89% of the company’s stock.

Insider Buying and Selling at JPMorgan Chase & Co.

In related news, Director Mellody L. Hobson bought 375 shares of the company’s stock in a transaction dated Thursday, January 19th. The stock was purchased at an average price of $134.53 per share, for a total transaction of $50,448.75. Following the acquisition, the director now owns 22,040 shares in the company, valued at $2,965,041.20. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. In other news, Director Mellody L. Hobson bought 375 shares of the stock in a transaction dated Thursday, January 19th. The stock was purchased at an average price of $134.53 per share, for a total transaction of $50,448.75. Following the acquisition, the director now owns 22,040 shares of the company’s stock, valued at $2,965,041.20. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, General Counsel Stacey Friedman sold 23,148 shares of the company’s stock in a transaction dated Tuesday, January 17th. The shares were sold at an average price of $140.31, for a total transaction of $3,247,895.88. Following the transaction, the general counsel now owns 48,311 shares in the company, valued at $6,778,516.41. The disclosure for this sale can be found here. Insiders have sold a total of 37,887 shares of company stock worth $5,315,762 over the last ninety days. Company insiders own 0.79% of the company’s stock.

JPMorgan Chase & Co. Trading Down 3.8 %

Shares of JPMorgan Chase & Co. stock opened at $125.81 on Friday. JPMorgan Chase & Co. has a twelve month low of $101.28 and a twelve month high of $144.34. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 1.12. The business has a 50-day moving average price of $139.06 and a 200-day moving average price of $129.31. The firm has a market cap of $370.30 billion, a price-to-earnings ratio of 10.41, a PEG ratio of 1.99 and a beta of 1.12.

JPMorgan Chase & Co. (NYSE:JPM – Get Rating) last posted its earnings results on Friday, January 13th. The financial services provider reported $3.57 earnings per share for the quarter, topping analysts’ consensus estimates of $3.11 by $0.46. The firm had revenue of $34.55 billion for the quarter, compared to the consensus estimate of $34.23 billion. JPMorgan Chase & Co. had a net margin of 24.34% and a return on equity of 14.68%. The business’s quarterly revenue was up 18.1% on a year-over-year basis. During the same period in the previous year, the firm posted $3.33 EPS. Equities research analysts anticipate that JPMorgan Chase & Co. will post 12.9 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on JPM shares. UBS Group set a $156.00 price objective on shares of JPMorgan Chase & Co. in a research report on Friday, January 13th. Morgan Stanley boosted their price target on JPMorgan Chase & Co. from $167.00 to $173.00 and gave the company an “overweight” rating in a report on Friday, February 24th. Wells Fargo & Company raised JPMorgan Chase & Co. from an “equal weight” rating to an “overweight” rating and raised their price objective for the stock from $148.00 to $155.00 in a research note on Monday, March 13th. StockNews.com initiated coverage on JPMorgan Chase & Co. in a research note on Thursday. They set a “hold” rating for the company. Finally, Oppenheimer raised their target price on shares of JPMorgan Chase & Co. from $177.00 to $186.00 and gave the stock an “outperform” rating in a research note on Thursday, February 2nd. Six research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $150.78.

About JPMorgan Chase & Co.

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JPMorgan Chase & Co is a financial holding company, which engages in providing financial and investment banking services. The firm offers a range of investment banking products and services in all capital markets, including advising on corporate strategy and structure, capital raising in equity and debt markets, risk management, market making in cash securities and derivative instruments, and brokerage and research.