Dubuque Bank & Trust Co. decreased its position in shares of JPMorgan Chase (NYSE:JPM) by 0.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 170,979 shares of the financial services provider’s stock after selling 1,049 shares during the quarter. JPMorgan Chase makes up about 2.8% of Dubuque Bank & Trust Co.’s portfolio, making the stock its 4th biggest holding. Dubuque Bank & Trust Co.’s holdings in JPMorgan Chase were worth $18,285,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of JPM. Gamco Investors INC. ET AL increased its stake in shares of JPMorgan Chase by 0.8% during the third quarter. Gamco Investors INC. ET AL now owns 907,249 shares of the financial services provider’s stock worth $86,651,000 after buying an additional 7,637 shares during the period. Gabelli Funds LLC increased its stake in shares of JPMorgan Chase by 3.0% during the third quarter. Gabelli Funds LLC now owns 1,210,200 shares of the financial services provider’s stock worth $115,586,000 after buying an additional 35,500 shares during the period. Gluskin Sheff & Assoc Inc. increased its stake in shares of JPMorgan Chase by 6.7% during the third quarter. Gluskin Sheff & Assoc Inc. now owns 552,320 shares of the financial services provider’s stock worth $52,752,000 after buying an additional 34,773 shares during the period. WealthTrust Axiom LLC increased its stake in shares of JPMorgan Chase by 48.5% during the third quarter. WealthTrust Axiom LLC now owns 4,802 shares of the financial services provider’s stock worth $458,000 after buying an additional 1,569 shares during the period. Finally, Forward Management LLC increased its stake in shares of JPMorgan Chase by 4.3% during the third quarter. Forward Management LLC now owns 13,178 shares of the financial services provider’s stock worth $1,259,000 after buying an additional 542 shares during the period. 74.26% of the stock is currently owned by institutional investors.

JPM stock opened at $112.96 on Friday. The company has a market capitalization of $387.91 billion, a PE ratio of 16.44, a PEG ratio of 1.87 and a beta of 1.24. JPMorgan Chase has a twelve month low of $112.76 and a twelve month high of $113.47. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.01 and a quick ratio of 1.01.

JPMorgan Chase (NYSE:JPM) last posted its quarterly earnings data on Friday, April 13th. The financial services provider reported $2.37 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.28 by $0.09. The business had revenue of $27.90 billion during the quarter, compared to the consensus estimate of $27.73 billion. JPMorgan Chase had a return on equity of 12.60% and a net margin of 22.53%. The company’s revenue was up 12.0% compared to the same quarter last year. During the same period in the prior year, the company earned $1.65 earnings per share. sell-side analysts predict that JPMorgan Chase will post 9.05 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 31st. Stockholders of record on Friday, July 6th will be issued a $0.56 dividend. This represents a $2.24 annualized dividend and a dividend yield of 1.98%. The ex-dividend date of this dividend is Thursday, July 5th. JPMorgan Chase’s payout ratio is currently 32.61%.

In related news, Director Todd A. Combs purchased 13,000 shares of the firm’s stock in a transaction that occurred on Monday, May 14th. The stock was purchased at an average cost of $114.61 per share, with a total value of $1,489,930.00. Following the completion of the acquisition, the director now directly owns 18,277 shares in the company, valued at $2,094,726.97. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Mellody L. Hobson purchased 18,000 shares of the firm’s stock in a transaction that occurred on Monday, April 16th. The shares were bought at an average cost of $111.05 per share, with a total value of $1,998,900.00. Following the completion of the acquisition, the director now owns 864 shares of the company’s stock, valued at $95,947.20. The disclosure for this purchase can be found here. 0.73% of the stock is currently owned by corporate insiders.

A number of research firms recently weighed in on JPM. Keefe, Bruyette & Woods upgraded shares of JPMorgan Chase from a “market perform” rating to an “outperform” rating and set a $127.00 target price on the stock in a research note on Tuesday, February 13th. ValuEngine upgraded shares of JPMorgan Chase from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Vetr upgraded shares of JPMorgan Chase from a “sell” rating to a “hold” rating and set a $105.98 target price on the stock in a research note on Monday, February 12th. Jefferies Group restated a “buy” rating and set a $122.00 target price on shares of JPMorgan Chase in a research note on Monday, April 16th. Finally, Zacks Investment Research lowered shares of JPMorgan Chase from a “buy” rating to a “hold” rating in a research note on Tuesday, March 6th. Two analysts have rated the stock with a sell rating, thirteen have given a hold rating and fourteen have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $112.75.

About JPMorgan Chase

JPMorgan Chase & Co operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset & Wealth Management. The Consumer & Community Banking segment offers deposit and investment products and services to consumers; lending, deposit, and cash management and payment solutions to small businesses; residential mortgages and home equity loans; and credit cards, payment processing services, auto loans and leases.

Want to see what other hedge funds are holding JPM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Chase (NYSE:JPM).

Institutional Ownership by Quarter for JPMorgan Chase (NYSE:JPM)

Receive News & Ratings for JPMorgan Chase Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Chase and related companies with MarketBeat.com's FREE daily email newsletter.