Sepio Capital LP Has $468,000 Stock Position in JPMorgan Chase & Co. (NYSE:JPM)

Sepio Capital LP lifted its holdings in shares of JPMorgan Chase & Co. (NYSE:JPM) by 15.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,750 shares of the financial services provider’s stock after buying an additional 364 shares during the period. Sepio Capital LP’s holdings in JPMorgan Chase & Co. were worth $468,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Skopos Labs Inc. bought a new stake in shares of JPMorgan Chase & Co. during the 4th quarter valued at approximately $2,913,000. HCR Wealth Advisors boosted its position in JPMorgan Chase & Co. by 49.6% in the fourth quarter. HCR Wealth Advisors now owns 28,861 shares of the financial services provider’s stock valued at $4,909,000 after buying an additional 9,571 shares in the last quarter. ProVise Management Group LLC grew its stake in shares of JPMorgan Chase & Co. by 1.4% during the fourth quarter. ProVise Management Group LLC now owns 122,148 shares of the financial services provider’s stock worth $20,777,000 after buying an additional 1,698 shares during the last quarter. Halter Ferguson Financial Inc. acquired a new position in shares of JPMorgan Chase & Co. during the fourth quarter worth $301,000. Finally, Team Hewins LLC lifted its stake in shares of JPMorgan Chase & Co. by 5.8% in the 4th quarter. Team Hewins LLC now owns 26,392 shares of the financial services provider’s stock valued at $4,489,000 after acquiring an additional 1,439 shares during the last quarter. Institutional investors own 71.55% of the company’s stock.

JPMorgan Chase & Co. Stock Up 1.9 %

Shares of JPMorgan Chase & Co. stock traded up $3.79 during trading on Friday, reaching $200.71. 7,356,233 shares of the company traded hands, compared to its average volume of 8,712,340. The firm has a market capitalization of $576.37 billion, a PE ratio of 12.12, a P/E/G ratio of 2.72 and a beta of 1.13. JPMorgan Chase & Co. has a 1-year low of $134.40 and a 1-year high of $205.88. The company has a 50 day moving average price of $194.71 and a 200-day moving average price of $178.29. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.92 and a quick ratio of 0.92.

JPMorgan Chase & Co. (NYSE:JPM) last posted its quarterly earnings results on Friday, April 12th. The financial services provider reported $4.63 earnings per share for the quarter, beating the consensus estimate of $4.18 by $0.45. The firm had revenue of $41.93 billion during the quarter, compared to the consensus estimate of $40.90 billion. JPMorgan Chase & Co. had a net margin of 20.05% and a return on equity of 17.79%. As a group, equities research analysts expect that JPMorgan Chase & Co. will post 16.32 earnings per share for the current fiscal year.

JPMorgan Chase & Co. Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 31st. Shareholders of record on Friday, July 5th will be issued a $1.15 dividend. The ex-dividend date is Friday, July 5th. This represents a $4.60 annualized dividend and a yield of 2.29%. JPMorgan Chase & Co.’s payout ratio is currently 27.78%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. UBS Group boosted their price objective on JPMorgan Chase & Co. from $219.00 to $224.00 and gave the stock a “buy” rating in a research report on Tuesday, May 21st. BMO Capital Markets cut their price target on JPMorgan Chase & Co. from $196.00 to $195.00 and set a “market perform” rating on the stock in a research note on Monday, April 15th. Robert W. Baird upped their price objective on JPMorgan Chase & Co. from $175.00 to $185.00 and gave the company a “neutral” rating in a research note on Tuesday, May 21st. Oppenheimer cut their target price on shares of JPMorgan Chase & Co. from $219.00 to $217.00 and set an “outperform” rating on the stock in a research report on Monday, April 15th. Finally, Royal Bank of Canada restated an “outperform” rating and issued a $211.00 price target on shares of JPMorgan Chase & Co. in a research report on Tuesday, May 21st. Nine equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. Based on data from MarketBeat.com, JPMorgan Chase & Co. has a consensus rating of “Moderate Buy” and a consensus price target of $194.10.

Insider Buying and Selling at JPMorgan Chase & Co.

In other news, insider Robin Leopold sold 3,000 shares of the company’s stock in a transaction that occurred on Friday, May 10th. The stock was sold at an average price of $198.86, for a total transaction of $596,580.00. Following the transaction, the insider now directly owns 44,113 shares of the company’s stock, valued at $8,772,311.18. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other JPMorgan Chase & Co. news, insider Robin Leopold sold 3,000 shares of JPMorgan Chase & Co. stock in a transaction dated Friday, May 10th. The stock was sold at an average price of $198.86, for a total transaction of $596,580.00. Following the completion of the transaction, the insider now owns 44,113 shares in the company, valued at approximately $8,772,311.18. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, General Counsel Stacey Friedman sold 4,415 shares of the business’s stock in a transaction that occurred on Monday, May 20th. The stock was sold at an average price of $200.65, for a total value of $885,869.75. Following the sale, the general counsel now directly owns 42,124 shares of the company’s stock, valued at $8,452,180.60. The disclosure for this sale can be found here. Over the last quarter, insiders sold 249,399 shares of company stock valued at $46,713,667. Company insiders own 0.79% of the company’s stock.

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.