American Financial Advisors LLC Purchases 468 Shares of JPMorgan Chase & Co. (NYSE:JPM)

American Financial Advisors LLC increased its position in shares of JPMorgan Chase & Co. (NYSE:JPM) by 28.1% in the first quarter, Holdings Channel reports. The institutional investor owned 2,135 shares of the financial services provider’s stock after buying an additional 468 shares during the period. American Financial Advisors LLC’s holdings in JPMorgan Chase & Co. were worth $428,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Trust Co of the South increased its holdings in JPMorgan Chase & Co. by 1.1% during the 1st quarter. Trust Co of the South now owns 4,946 shares of the financial services provider’s stock worth $991,000 after purchasing an additional 53 shares in the last quarter. PFW Advisors LLC grew its holdings in JPMorgan Chase & Co. by 1.1% during the first quarter. PFW Advisors LLC now owns 5,232 shares of the financial services provider’s stock worth $1,048,000 after buying an additional 55 shares in the last quarter. Murphy Middleton Hinkle & Parker Inc. raised its position in JPMorgan Chase & Co. by 2.0% in the 1st quarter. Murphy Middleton Hinkle & Parker Inc. now owns 2,837 shares of the financial services provider’s stock valued at $568,000 after buying an additional 55 shares during the last quarter. KFG Wealth Management LLC lifted its stake in JPMorgan Chase & Co. by 3.6% during the 1st quarter. KFG Wealth Management LLC now owns 1,594 shares of the financial services provider’s stock valued at $319,000 after acquiring an additional 56 shares in the last quarter. Finally, Silvia Mccoll Wealth Management LLC boosted its holdings in JPMorgan Chase & Co. by 1.0% during the 1st quarter. Silvia Mccoll Wealth Management LLC now owns 5,978 shares of the financial services provider’s stock worth $1,169,000 after acquiring an additional 58 shares during the last quarter. Institutional investors and hedge funds own 71.55% of the company’s stock.

Insider Buying and Selling

In other JPMorgan Chase & Co. news, insider Lori A. Beer sold 3,920 shares of the firm’s stock in a transaction dated Monday, March 25th. The stock was sold at an average price of $195.36, for a total value of $765,811.20. Following the sale, the insider now owns 64,783 shares of the company’s stock, valued at approximately $12,656,006.88. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, insider Lori A. Beer sold 3,920 shares of the stock in a transaction on Monday, March 25th. The shares were sold at an average price of $195.36, for a total value of $765,811.20. Following the transaction, the insider now owns 64,783 shares of the company’s stock, valued at approximately $12,656,006.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Jennifer Piepszak sold 1,648 shares of JPMorgan Chase & Co. stock in a transaction on Friday, February 16th. The stock was sold at an average price of $178.96, for a total transaction of $294,926.08. Following the sale, the chief executive officer now directly owns 32,819 shares of the company’s stock, valued at $5,873,288.24. The disclosure for this sale can be found here. Insiders sold a total of 1,020,696 shares of company stock worth $186,794,151 over the last ninety days. 0.79% of the stock is owned by corporate insiders.

JPMorgan Chase & Co. Price Performance

Shares of JPM traded down $1.47 during mid-day trading on Tuesday, reaching $191.81. 8,151,636 shares of the stock traded hands, compared to its average volume of 9,366,520. The company has a market cap of $550.90 billion, a price-to-earnings ratio of 11.58, a price-to-earnings-growth ratio of 2.43 and a beta of 1.15. JPMorgan Chase & Co. has a 1 year low of $131.81 and a 1 year high of $200.94. The firm has a fifty day moving average price of $190.88 and a 200 day moving average price of $171.56. The company has a current ratio of 0.92, a quick ratio of 0.91 and a debt-to-equity ratio of 1.29.

JPMorgan Chase & Co. Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 30th. Investors of record on Friday, April 5th will be paid a dividend of $1.15 per share. This is a positive change 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 2.40%. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is currently 27.78%.

Analyst Ratings Changes

Several brokerages have recently commented on JPM. Bank of America increased their target price on shares of JPMorgan Chase & Co. from $177.00 to $188.00 and gave the company a “buy” rating in a report on Thursday, January 4th. Evercore ISI raised their target price on JPMorgan Chase & Co. from $188.00 to $210.00 and gave the company an “outperform” rating in a research report on Thursday, April 4th. Barclays boosted their price target on shares of JPMorgan Chase & Co. from $186.00 to $212.00 and gave the stock an “overweight” rating in a report on Tuesday, January 2nd. Wells Fargo & Company increased their price objective on JPMorgan Chase & Co. from $200.00 to $220.00 and gave the company an “overweight” rating in a report on Wednesday, March 20th. Finally, UBS Group decreased their target price on JPMorgan Chase & Co. from $226.00 to $219.00 and set a “buy” rating for the company in a research report on Tuesday, April 16th. Eight investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. According to data from MarketBeat, JPMorgan Chase & Co. presently has a consensus rating of “Moderate Buy” and a consensus price target of $192.05.

JPMorgan Chase & Co. 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.