Ballast Inc. lifted its holdings in JPMorgan Chase & Co. (NYSE:JPM) by 6.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,992 shares of the financial services provider’s stock after acquiring an additional 409 shares during the period. Ballast Inc.’s holdings in JPMorgan Chase & Co. were worth $974,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. LFA Lugano Financial Advisors SA acquired a new position in shares of JPMorgan Chase & Co. during the fourth quarter valued at about $26,000. Bridger Capital Management LLC acquired a new stake in shares of JPMorgan Chase & Co. in the 3rd quarter valued at about $33,000. Vista Private Wealth Partners. LLC acquired a new stake in shares of JPMorgan Chase & Co. in the 3rd quarter valued at about $35,000. Eukles Asset Management grew its stake in shares of JPMorgan Chase & Co. by 36.5% in the 3rd quarter. Eukles Asset Management now owns 318 shares of the financial services provider’s stock valued at $37,000 after buying an additional 85 shares during the period. Finally, JJJ Advisors Inc. increased its position in JPMorgan Chase & Co. by 87.5% in the 3rd quarter. JJJ Advisors Inc. now owns 375 shares of the financial services provider’s stock valued at $44,000 after buying an additional 175 shares in the last quarter. 72.05% of the stock is owned by hedge funds and other institutional investors.

Shares of JPM stock traded up $2.70 during trading hours on Tuesday, reaching $139.90. The company had a trading volume of 13,167,507 shares, compared to its average volume of 9,295,837. The company has a market cap of $426.78 billion, a price-to-earnings ratio of 15.54, a price-to-earnings-growth ratio of 1.85 and a beta of 1.24. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.93 and a quick ratio of 0.93. JPMorgan Chase & Co. has a 12 month low of $98.09 and a 12 month high of $141.10. The business has a fifty day simple moving average of $136.10 and a 200-day simple moving average of $121.69.

JPMorgan Chase & Co. (NYSE:JPM) last released its quarterly earnings results on Tuesday, January 14th. The financial services provider reported $2.57 EPS for the quarter, beating analysts’ consensus estimates of $2.32 by $0.25. JPMorgan Chase & Co. had a return on equity of 14.63% and a net margin of 24.70%. The business had revenue of $28.30 billion during the quarter, compared to analyst estimates of $27.69 billion. During the same period in the prior year, the firm posted $1.98 EPS. JPMorgan Chase & Co.’s quarterly revenue was up 8.4% compared to the same quarter last year. On average, equities research analysts expect that JPMorgan Chase & Co. will post 10.21 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Monday, January 6th will be paid a $0.90 dividend. The ex-dividend date of this dividend is Friday, January 3rd. This represents a $3.60 annualized dividend and a dividend yield of 2.57%. JPMorgan Chase & Co.’s payout ratio is 40.00%.

A number of research firms recently weighed in on JPM. ValuEngine downgraded JPMorgan Chase & Co. from a “hold” rating to a “sell” rating in a research note on Tuesday, January 7th. Morgan Stanley restated a “buy” rating and set a $141.00 price objective (up previously from $138.00) on shares of JPMorgan Chase & Co. in a report on Monday, November 18th. Societe Generale lowered JPMorgan Chase & Co. from a “hold” rating to a “sell” rating in a research report on Tuesday, October 29th. BMO Capital Markets upped their target price on JPMorgan Chase & Co. to $126.00 in a research report on Wednesday, October 16th. Finally, Wolfe Research cut JPMorgan Chase & Co. from an “outperform” rating to a “peer perform” rating in a report on Monday, January 6th. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and five have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $131.33.

In related news, CEO Gordon Smith sold 83,289 shares of the business’s stock in a transaction dated Wednesday, October 16th. The shares were sold at an average price of $119.98, for a total transaction of $9,993,014.22. Following the transaction, the chief executive officer now directly owns 393,197 shares in the company, valued at $47,175,776.06. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Daniel E. Pinto sold 64,198 shares of the stock in a transaction dated Thursday, November 7th. The shares were sold at an average price of $130.91, for a total transaction of $8,404,160.18. Following the completion of the sale, the chief executive officer now owns 451,481 shares of the company’s stock, valued at approximately $59,103,377.71. The disclosure for this sale can be found here. In the last quarter, insiders sold 152,944 shares of company stock valued at $19,088,970. Company insiders own 0.76% of the company’s stock.

About JPMorgan Chase & Co.

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 and investment products 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, payment processing, auto loan, and leasing services.

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

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