Consilium Wealth Advisory LLC Has $3.03 Million Stock Holdings in JPMorgan Chase & Co. (NYSE:JPM)

Consilium Wealth Advisory LLC grew its holdings in JPMorgan Chase & Co. (NYSE:JPM) by 14.1% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 14,982 shares of the financial services provider’s stock after purchasing an additional 1,851 shares during the period. JPMorgan Chase & Co. makes up about 1.7% of Consilium Wealth Advisory LLC’s portfolio, making the stock its 18th biggest position. Consilium Wealth Advisory LLC’s holdings in JPMorgan Chase & Co. were worth $3,030,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. Wellington Wealth Strategies LLC. bought a new stake in shares of JPMorgan Chase & Co. during the fourth quarter worth $1,145,000. Cooper Financial Group grew its position in JPMorgan Chase & Co. by 12.8% during the 1st quarter. Cooper Financial Group now owns 8,693 shares of the financial services provider’s stock worth $1,741,000 after acquiring an additional 984 shares during the last quarter. Spartan Planning & Wealth Management increased its holdings in JPMorgan Chase & Co. by 257.3% in the 4th quarter. Spartan Planning & Wealth Management now owns 3,780 shares of the financial services provider’s stock worth $643,000 after purchasing an additional 2,722 shares in the last quarter. jvl associates llc raised its position in JPMorgan Chase & Co. by 59.8% in the first quarter. jvl associates llc now owns 1,911 shares of the financial services provider’s stock valued at $383,000 after purchasing an additional 715 shares during the last quarter. Finally, MMA Asset Management LLC acquired a new stake in shares of JPMorgan Chase & Co. during the fourth quarter valued at about $207,000. Institutional investors and hedge funds own 71.55% of the company’s stock.

JPMorgan Chase & Co. Trading Down 2.4 %

Shares of JPMorgan Chase & Co. stock opened at $212.46 on Friday. The company has a debt-to-equity ratio of 1.24, a quick ratio of 0.91 and a current ratio of 0.91. JPMorgan Chase & Co. has a 52 week low of $135.19 and a 52 week high of $225.48. The stock has a 50 day moving average price of $211.25 and a two-hundred day moving average price of $200.04. The stock has a market capitalization of $610.11 billion, a PE ratio of 11.85, a price-to-earnings-growth ratio of 2.62 and a beta of 1.12.

JPMorgan Chase & Co. (NYSE:JPM) last posted its quarterly earnings results on Friday, July 12th. The financial services provider reported $6.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.19 by $1.93. JPMorgan Chase & Co. had a net margin of 20.32% and a return on equity of 17.26%. The business had revenue of $50.80 billion during the quarter, compared to the consensus estimate of $42.23 billion. During the same quarter last year, the firm posted $4.37 EPS. As a group, equities analysts anticipate that JPMorgan Chase & Co. will post 16.78 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Ashley Bacon sold 5,086 shares of the firm’s stock in a transaction dated Monday, June 10th. The shares were sold at an average price of $199.54, for a total value of $1,014,860.44. Following the transaction, the insider now owns 212,265 shares of the company’s stock, valued at approximately $42,355,358.10. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.79% of the company’s stock.

Analyst Upgrades and Downgrades

JPM has been the subject of several recent research reports. Keefe, Bruyette & Woods upped their price objective on JPMorgan Chase & Co. from $209.00 to $211.00 and gave the company a “market perform” rating in a research note on Tuesday, July 9th. Robert W. Baird increased their price objective on JPMorgan Chase & Co. from $175.00 to $185.00 and gave the company a “neutral” rating in a report on Tuesday, May 21st. UBS Group lifted their target price on JPMorgan Chase & Co. from $219.00 to $224.00 and gave the stock a “buy” rating in a report on Tuesday, May 21st. BMO Capital Markets increased their price target on JPMorgan Chase & Co. from $195.00 to $205.00 and gave the company a “market perform” rating in a research note on Thursday, July 11th. Finally, Citigroup lifted their price objective on JPMorgan Chase & Co. from $205.00 to $215.00 and gave the stock a “neutral” rating in a research note on Monday, July 15th. Eight research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $211.44.

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, 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.