Oak Family Advisors LLC acquires 1,719 shares of JPMorgan Chase & Co. (NYSE:JPM)

Oak Family Advisors LLC has sold its stake in JPMorgan Chase & Co. (NYSE:JPM) increased 10.3% in the fourth quarter, the company said in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,473 shares of the financial services provider, after buying a further 1,719 shares during the quarter. JPMorgan Chase & Co. represents approximately 1.3% of Oak Family Advisors LLC’s investment portfolio, making the stock the 27th largest. Oak Family Advisors LLC’s stake in JPMorgan Chase & Co. was worth $3,142,000 at the end of the most recent quarter.

A number of other major investors have also increased or decreased their stakes in the company. Macroview Investment Management LLC increased its position in JPMorgan Chase & Co. shares. by 7,833.3% in the third quarter. Macroview Investment Management LLC now owns 238 shares of the financial services provider’s stock valued at $34,000 after purchasing an additional 235 shares during the period. Briaud Financial Planning Inc acquired a new position in shares of JPMorgan Chase & Co in the third quarter. worth approximately $40,000. Morton Brown Family Wealth LLC increased its position in JPMorgan Chase & Co. shares. by 2,308.3% in the 4th quarter. Morton Brown Family Wealth LLC now owns 289 shares of the financial services provider’s stock worth $49,000 after purchasing an additional 277 shares during the period. Bear Mountain Capital Inc. acquired a new position in shares of JPMorgan Chase & Co in the 4th quarter. worth approximately $51,000. Finally, FSC Wealth Advisors LLC increased its position in JPMorgan Chase & Co. shares. by 290.9% in the third quarter. FSC Wealth Advisors LLC now owns 387 shares of the financial services provider’s stock valued at $56,000 after purchasing an additional 288 shares during the period. Institutional investors own 71.55% of the company’s shares.

Analyst upgrades and downgrades

A number of research analysts have recently released reports on JPM stock. Jefferies Financial Group raised its price target on JPMorgan Chase & Co shares. from $202.00 to $228.00 and gave the stock a “buy” rating in a research report on Monday, April 8. BMO Capital Markets downgraded shares of JPMorgan Chase & Co in a research report on Monday, April 15. from $196.00 to $195.00 and gave the stock a “market perform” rating. Wells Fargo & Company raised its price target on JPMorgan Chase & Co shares. from $200.00 to $220.00 and gave the company an “overweight” rating in a research report on Wednesday, March 20. Oppenheimer downgraded shares of JPMorgan Chase & Co in a research report on Monday, April 15. from $219.00 to $217.00 and gave the stock an ‘outperform’ rating. Finally, Deutsche Bank Aktiengesellschaft acquired the shares of JPMorgan Chase & Co. upgraded their price target for the company from $140.00 to $190.00 in a research report on Tuesday, January 9th. Eight analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to MarketBeat, JPMorgan Chase & Co. a consensus rating of ‘Moderate Buy’ and an average price target of $192.05.

Read our latest JPM stock report

JPMorgan Chase & Co. Stock Performance

NYSE JPM opened at $189.44 on Tuesday. JPMorgan Chase & Co. has a 1-year low of $131.81 and a 1-year high of $200.94. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.92 and a quick ratio of 0.91. The company has a market cap of $544.09 billion, a price-to-earnings ratio of 11.44, a PEG ratio of 2.34, and a beta of 1.15. The company has a fifty-day moving average of $189.10 and a 200-day moving average of $169.57.

JPMorgan Chase & Co. increases dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 30. Shareholders of record on Friday, April 5 will receive a $1.15 dividend. This is a positive change from JPMorgan Chase & Co’s previous quarterly dividend. from $1.05. The ex-dividend date is Thursday, April 4. This represents a dividend of $4.60 annually and a dividend yield of 2.43%. JPMorgan Chase & Co.’s dividend payout ratio currently stands at 27.78%.

Insider transactions at JPMorgan Chase & Co.

In other news, CEO James Dimon sold 178,222 shares of the company’s stock in a transaction on Monday, April 15. The shares sold at an average price of $184.18, for a total value of $32,824,927.96. Following the completion of the sale, the CEO now owns 264,461 shares of the company’s stock, valued at approximately $48,708,426.98. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In related news, CEO James Dimon sold 178,222 shares of the stock in a transaction dated Monday, April 15. The shares were sold at an average price of $184.18, for a total transaction of $32,824,927.96. Following the completion of the transaction, the CEO now owns 264,461 shares in the company, valued at $48,708,426.98. The transaction was disclosed in a document filed with the SEC, which is available at this link. Insider Ashley Bacon also sold 3,368 shares in a transaction dated Friday, February 16. The shares were sold at an average price of $179.00, for a total transaction of $602,872.00. Following the transaction, the insider now owns 202,093 shares of the company’s stock, valued at approximately $36,174,647. The explanation of this sale can be found here. Insiders sold a total of 1,020,696 shares of the company’s stock worth $186,794,151 in the last quarter. Currently, 0.79% of the shares are owned by corporate insiders.

About JPMorgan Chase & Co.

(Free report)

JPMorgan Chase & Co is active worldwide as a financial services provider. 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 credit products, cash management and payments and services; mortgage production and servicing activities; residential mortgages and mortgage loans; and credit cards, auto loans, leasing, and travel services to consumers and small businesses through bank branches, ATMs, and digital and telephone banking.

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