JPMorgan Chase & Co. (NYSE:JPM) was down 0.4% on Friday . The company traded as low as $108.63 and last traded at $109.08. Approximately 423,666 shares changed hands during mid-day trading, a decline of 96% from the average daily volume of 9,641,035 shares. The stock had previously closed at $109.54.

A number of equities analysts recently weighed in on JPM shares. Barclays restated a “buy” rating and issued a $140.00 price objective on shares of JPMorgan Chase & Co. in a report on Thursday, February 21st. BMO Capital Markets decreased their price objective on shares of JPMorgan Chase & Co. from $123.00 to $116.00 and set a “market perform” rating for the company in a report on Thursday, February 28th. Zacks Investment Research lowered shares of JPMorgan Chase & Co. from a “hold” rating to a “sell” rating in a report on Wednesday, March 20th. HSBC set a $102.00 price objective on shares of JPMorgan Chase & Co. and gave the stock a “neutral” rating in a report on Thursday, April 4th. Finally, Credit Suisse Group boosted their price objective on shares of JPMorgan Chase & Co. from $128.00 to $132.00 and gave the stock an “outperform” rating in a report on Monday, April 15th. Eleven analysts have rated the stock with a hold rating and ten have given a buy rating to the company. JPMorgan Chase & Co. presently has a consensus rating of “Hold” and an average target price of $123.85.

The company has a market cap of $355.34 billion, a price-to-earnings ratio of 12.20, a price-to-earnings-growth ratio of 1.56 and a beta of 1.18. The company has a debt-to-equity ratio of 1.25, a quick ratio of 1.00 and a current ratio of 1.00.

JPMorgan Chase & Co. (NYSE:JPM) last announced its earnings results on Friday, April 12th. The financial services provider reported $2.65 earnings per share for the quarter, beating analysts’ consensus estimates of $2.32 by $0.33. The business had revenue of $29.12 billion during the quarter, compared to analyst estimates of $27.95 billion. JPMorgan Chase & Co. had a net margin of 24.28% and a return on equity of 14.23%. During the same period in the previous year, the business earned $2.37 EPS. Analysts expect that JPMorgan Chase & Co. will post 10.02 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 31st. Shareholders of record on Friday, July 5th will be paid a dividend of $0.80 per share. The ex-dividend date of this dividend is Wednesday, July 3rd. This represents a $3.20 dividend on an annualized basis and a yield of 2.91%. JPMorgan Chase & Co.’s dividend payout ratio is presently 35.56%.

In other news, CFO Marianne Lake sold 115,415 shares of the business’s stock in a transaction on Monday, April 15th. The shares were sold at an average price of $109.75, for a total transaction of $12,666,796.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Ashley Bacon sold 20,145 shares of the business’s stock in a transaction on Monday, April 15th. The shares were sold at an average price of $109.75, for a total transaction of $2,210,913.75. Following the sale, the insider now directly owns 112,191 shares of the company’s stock, valued at approximately $12,312,962.25. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 157,573 shares of company stock valued at $17,293,454. Company insiders own 0.76% of the company’s stock.

Several hedge funds have recently modified their holdings of JPM. Oregon Public Employees Retirement Fund boosted its holdings in shares of JPMorgan Chase & Co. by 5,338.4% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 39,471,964 shares of the financial services provider’s stock valued at $404,000 after buying an additional 38,746,167 shares in the last quarter. Norges Bank bought a new position in JPMorgan Chase & Co. in the fourth quarter valued at approximately $2,986,672,000. BlackRock Inc. grew its stake in JPMorgan Chase & Co. by 3.2% in the first quarter. BlackRock Inc. now owns 221,952,699 shares of the financial services provider’s stock valued at $22,468,272,000 after purchasing an additional 6,864,576 shares in the last quarter. American International Group Inc. grew its stake in JPMorgan Chase & Co. by 314.9% in the fourth quarter. American International Group Inc. now owns 4,882,121 shares of the financial services provider’s stock valued at $476,593,000 after purchasing an additional 3,705,536 shares in the last quarter. Finally, Rehmann Capital Advisory Group grew its stake in JPMorgan Chase & Co. by 5,555.9% in the third quarter. Rehmann Capital Advisory Group now owns 2,352,612 shares of the financial services provider’s stock valued at $11,266,384,000 after purchasing an additional 2,311,016 shares in the last quarter. 71.46% of the stock is owned by hedge funds and other institutional investors.

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JPMorgan Chase & Co. Company Profile (NYSE:JPM)

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 and investment products and services to consumers; lending, deposit, and cash management and payment solutions to small businesses; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit card, payment processing, auto loan, and leasing services.

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