Kiley Juergens Wealth Management LLC Acquires 1,097 Shares of JPMorgan Chase & Co. (NYSE:JPM)

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Kiley Juergens Wealth Management LLC increased its holdings in JPMorgan Chase & Co. (NYSE:JPMGet Rating) by 10.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,480 shares of the financial services provider’s stock after acquiring an additional 1,097 shares during the period. Kiley Juergens Wealth Management LLC’s holdings in JPMorgan Chase & Co. were worth $1,565,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Roberts Wealth Advisors LLC grew its holdings in JPMorgan Chase & Co. by 0.7% during the first quarter. Roberts Wealth Advisors LLC now owns 23,095 shares of the financial services provider’s stock valued at $3,125,000 after purchasing an additional 151 shares during the period. Gryphon Financial Partners LLC grew its holdings in JPMorgan Chase & Co. by 14.5% during the fourth quarter. Gryphon Financial Partners LLC now owns 15,240 shares of the financial services provider’s stock valued at $2,414,000 after purchasing an additional 1,935 shares during the period. TCW Group Inc. grew its holdings in JPMorgan Chase & Co. by 2.9% during the fourth quarter. TCW Group Inc. now owns 595,230 shares of the financial services provider’s stock valued at $94,254,000 after purchasing an additional 16,884 shares during the period. Comprehensive Financial Consultants Institutional Inc. bought a new position in JPMorgan Chase & Co. during the fourth quarter valued at $3,257,000. Finally, Cardinal Capital Management Inc. grew its holdings in JPMorgan Chase & Co. by 4.2% during the first quarter. Cardinal Capital Management Inc. now owns 182,547 shares of the financial services provider’s stock valued at $24,885,000 after purchasing an additional 7,431 shares during the period. 70.35% of the stock is owned by institutional investors.

JPMorgan Chase & Co. Stock Up 4.6 %

Shares of NYSE:JPM opened at $112.95 on Monday. The stock’s 50-day moving average price is $119.34 and its 200-day moving average price is $134.17. JPMorgan Chase & Co. has a 12-month low of $106.06 and a 12-month high of $172.96. The stock has a market capitalization of $331.74 billion, a P/E ratio of 9.07, a price-to-earnings-growth ratio of 2.00 and a beta of 1.15. The company has a current ratio of 0.83, a quick ratio of 0.82 and a debt-to-equity ratio of 1.14.

JPMorgan Chase & Co. (NYSE:JPMGet Rating) last announced its quarterly earnings data on Thursday, July 14th. The financial services provider reported $2.76 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $2.76. JPMorgan Chase & Co. had a return on equity of 15.29% and a net margin of 30.41%. The firm had revenue of $30.72 billion for the quarter, compared to analysts’ expectations of $31.82 billion. During the same period last year, the firm earned $3.78 earnings per share. The company’s revenue for the quarter was up .8% compared to the same quarter last year. On average, equities analysts anticipate that JPMorgan Chase & Co. will post 11.26 earnings per share for the current year.

JPMorgan Chase & Co. Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, July 31st. Stockholders of record on Wednesday, July 6th will be paid a dividend of $1.00 per share. The ex-dividend date of this dividend is Tuesday, July 5th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 3.54%. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is currently 32.10%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. BMO Capital Markets increased their target price on JPMorgan Chase & Co. from $150.00 to $156.00 in a research report on Tuesday, May 24th. The Goldman Sachs Group set a $151.00 target price on JPMorgan Chase & Co. and gave the stock a “buy” rating in a research report on Thursday, April 14th. Royal Bank of Canada dropped their target price on JPMorgan Chase & Co. to $130.00 in a research report on Thursday. Jefferies Financial Group dropped their target price on JPMorgan Chase & Co. from $137.00 to $126.00 and set a “hold” rating on the stock in a research report on Monday, July 11th. Finally, UBS Group dropped their target price on JPMorgan Chase & Co. from $134.00 to $126.00 and set a “buy” rating on the stock in a research report on Friday. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $145.95.

Insider Activity

In related news, insider Ashley Bacon sold 21,012 shares of the firm’s stock in a transaction dated Tuesday, April 19th. The stock was sold at an average price of $130.04, for a total value of $2,732,400.48. Following the sale, the insider now directly owns 178,588 shares of the company’s stock, valued at $23,223,583.52. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.79% of the company’s stock.

JPMorgan Chase & Co. Profile

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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 s deposit, investment and lending products, payments, 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, auto loan, and leasing services.

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