Clarius Group LLC Has $807,000 Stock Holdings in JPMorgan Chase & Co. (NYSE:JPM)

Clarius Group LLC boosted its position in shares of JPMorgan Chase & Co. (NYSE:JPM) by 54.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 8,265 shares of the financial services provider’s stock after purchasing an additional 2,926 shares during the quarter. Clarius Group LLC’s holdings in JPMorgan Chase & Co. were worth $807,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in JPM. Smart Portfolios LLC raised its position in shares of JPMorgan Chase & Co. by 29.6% during the fourth quarter. Smart Portfolios LLC now owns 499 shares of the financial services provider’s stock valued at $49,000 after buying an additional 114 shares during the last quarter. Contravisory Investment Management Inc. boosted its stake in shares of JPMorgan Chase & Co. by 188.3% during the fourth quarter. Contravisory Investment Management Inc. now owns 542 shares of the financial services provider’s stock valued at $53,000 after purchasing an additional 354 shares during the period. Bogart Wealth LLC raised its holdings in shares of JPMorgan Chase & Co. by 19.0% in the fourth quarter. Bogart Wealth LLC now owns 625 shares of the financial services provider’s stock valued at $61,000 after acquiring an additional 100 shares in the last quarter. D Orazio & Associates Inc. raised its holdings in shares of JPMorgan Chase & Co. by 62.6% in the fourth quarter. D Orazio & Associates Inc. now owns 779 shares of the financial services provider’s stock valued at $76,000 after acquiring an additional 300 shares in the last quarter. Finally, QV Investors Inc. raised its holdings in shares of JPMorgan Chase & Co. by 9.1% in the fourth quarter. QV Investors Inc. now owns 1,315 shares of the financial services provider’s stock valued at $128,000 after acquiring an additional 110 shares in the last quarter. 71.39% of the stock is currently owned by institutional investors.

JPM traded up $1.88 on Monday, reaching $113.68. The company’s stock had a trading volume of 12,714,158 shares, compared to its average volume of 12,802,955. The firm has a market cap of $369.55 billion, a PE ratio of 12.63, a price-to-earnings-growth ratio of 1.59 and a beta of 1.16. JPMorgan Chase & Co. has a 1 year low of $91.11 and a 1 year high of $119.24. The company has a debt-to-equity ratio of 1.25, a quick ratio of 1.00 and a current ratio of 1.00. The firm has a 50 day moving average of $109.77.

JPMorgan Chase & Co. (NYSE:JPM) last issued its quarterly earnings results on Friday, April 12th. The financial services provider reported $2.65 EPS for the quarter, beating analysts’ consensus estimates of $2.32 by $0.33. JPMorgan Chase & Co. had a return on equity of 14.23% and a net margin of 24.28%. The firm had revenue of $29.12 billion during the quarter, compared to the consensus estimate of $27.95 billion. During the same quarter in the prior year, the business posted $2.37 earnings per share. Research analysts anticipate that JPMorgan Chase & Co. will post 10.03 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 31st. Shareholders of record on Friday, July 5th will be issued a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a yield of 2.81%. The ex-dividend date of this dividend is Wednesday, July 3rd. JPMorgan Chase & Co.’s dividend payout ratio is presently 35.56%.

A number of equities analysts have commented on JPM shares. Zacks Investment Research upgraded shares of JPMorgan Chase & Co. from a “hold” rating to a “buy” rating and set a $126.00 target price for the company in a report on Monday, May 13th. BMO Capital Markets upped their price objective on shares of JPMorgan Chase & Co. from $116.00 to $118.00 and gave the company a “market perform” rating in a report on Monday, April 15th. Deutsche Bank restated a “neutral” rating on shares of JPMorgan Chase & Co. in a report on Friday. HSBC set a $102.00 price objective on shares of JPMorgan Chase & Co. and gave the company a “neutral” rating in a report on Thursday, April 4th. Finally, Credit Suisse Group upped their price objective on shares of JPMorgan Chase & Co. from $128.00 to $132.00 and gave the company an “outperform” rating in a report on Monday, April 15th. Twelve analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $123.85.

In related news, Director Mellody L. Hobson purchased 18,000 shares of the company’s stock in a transaction dated Tuesday, April 16th. The shares were acquired at an average cost of $111.02 per share, for a total transaction of $1,998,360.00. Following the transaction, the director now owns 5,785 shares of the company’s stock, valued at $642,250.70. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Mellody L. Hobson purchased 1,700 shares of the company’s stock in a transaction dated Thursday, April 18th. The shares were bought at an average price of $114.26 per share, for a total transaction of $194,242.00. Following the completion of the transaction, the director now directly owns 7,485 shares in the company, valued at approximately $855,236.10. The disclosure for this purchase can be found here. In the last ninety days, insiders have sold 157,573 shares of company stock worth $17,293,454. 0.76% of the stock is currently owned by company insiders.

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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