Sen. Shelley Moore Capito Sells Off Shares of JPMorgan Chase & Co. (NYSE:JPM)

Senator Shelley Moore Capito (R-West Virginia) recently sold shares of JPMorgan Chase & Co. (NYSE:JPM). In a filing disclosed on February 13th, the Senator disclosed that they had sold between $1,001 and $15,000 in JPMorgan Chase & Co. stock on January 17th.

Senator Shelley Moore Capito also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Aflac (NYSE:AFL) on 1/17/2025.
• Sold $1,001 – $15,000 in shares of Illinois Tool Works (NYSE:ITW) on 1/17/2025.
• Sold $1,001 – $15,000 in shares of W.W. Grainger (NYSE:GWW) on 1/17/2025.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 1/17/2025.
• Sold $1,001 – $15,000 in shares of BlackRock (NYSE:BLK) on 1/17/2025.
• Sold $1,001 – $15,000 in shares of Phillips 66 (NYSE:PSX) on 1/17/2025.
• Sold $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 1/17/2025.
• Sold $1,001 – $15,000 in shares of Chubb (NYSE:CB) on 1/17/2025.
• Sold $1,001 – $15,000 in shares of Lowe’s Companies (NYSE:LOW) on 1/17/2025.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 1/3/2025.

JPMorgan Chase & Co. Stock Performance

NYSE:JPM opened at $276.61 on Friday. The company has a quick ratio of 0.89, a current ratio of 0.88 and a debt-to-equity ratio of 1.24. The firm’s fifty day simple moving average is $252.44 and its 200-day simple moving average is $232.17. JPMorgan Chase & Co. has a fifty-two week low of $176.15 and a fifty-two week high of $279.23. The stock has a market cap of $778.74 billion, a PE ratio of 14.01, a price-to-earnings-growth ratio of 2.94 and a beta of 1.12.

JPMorgan Chase & Co. (NYSE:JPM) last released its quarterly earnings results on Wednesday, January 15th. The financial services provider reported $4.81 earnings per share for the quarter, topping analysts’ consensus estimates of $4.03 by $0.78. The business had revenue of $42.77 billion for the quarter, compared to analysts’ expectations of $41.90 billion. JPMorgan Chase & Co. had a return on equity of 16.99% and a net margin of 20.96%. The company’s revenue was up 10.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.04 EPS. Analysts expect that JPMorgan Chase & Co. will post 18.05 earnings per share for the current fiscal year.

JPMorgan Chase & Co. Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Monday, January 6th were paid a dividend of $1.25 per share. The ex-dividend date of this dividend was Monday, January 6th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 1.81%. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is presently 25.33%.

Insider Activity

In other JPMorgan Chase & Co. news, General Counsel Stacey Friedman sold 3,303 shares of JPMorgan Chase & Co. stock in a transaction that occurred on Thursday, January 16th. The shares were sold at an average price of $253.94, for a total transaction of $838,763.82. Following the transaction, the general counsel now directly owns 47,620 shares of the company’s stock, valued at $12,092,622.80. The trade was a 6.49 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.79% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. UBS Group upped their target price on JPMorgan Chase & Co. from $276.00 to $287.00 and gave the company a “buy” rating in a report on Thursday, January 16th. Wolfe Research raised shares of JPMorgan Chase & Co. from a “peer perform” rating to an “outperform” rating and set a $269.00 price objective on the stock in a research note on Friday, January 3rd. Oppenheimer cut shares of JPMorgan Chase & Co. from an “outperform” rating to a “market perform” rating in a research note on Wednesday, November 20th. Baird R W lowered shares of JPMorgan Chase & Co. from a “hold” rating to a “strong sell” rating in a research report on Thursday, November 7th. Finally, Keefe, Bruyette & Woods increased their price target on shares of JPMorgan Chase & Co. from $257.00 to $264.00 and gave the company a “market perform” rating in a research report on Thursday, January 16th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $251.78.

Institutional Trading of JPMorgan Chase & Co.

Hedge funds have recently added to or reduced their stakes in the business. Mizuho Securities Co. Ltd. acquired a new position in shares of JPMorgan Chase & Co. in the 3rd quarter valued at $25,000. Catalyst Capital Advisors LLC acquired a new position in JPMorgan Chase & Co. in the third quarter valued at $27,000. Redwood Park Advisors LLC acquired a new position in JPMorgan Chase & Co. in the fourth quarter valued at $29,000. Sellwood Investment Partners LLC acquired a new position in JPMorgan Chase & Co. in the fourth quarter valued at $34,000. Finally, Investment Counsel Co. of Nevada acquired a new position in shares of JPMorgan Chase & Co. in the 4th quarter valued at about $37,000. 71.55% of the stock is owned by institutional investors and hedge funds.

About Senator Capito

Shelley Moore Capito (Republican Party) is a member of the U.S. Senate from West Virginia. She assumed office on January 3, 2015. Her current term ends on January 3, 2027. Capito (Republican Party) ran for re-election to the U.S. Senate to represent West Virginia. She won in the general election on November 3, 2020. Capito was first elected to the Senate in 2014, becoming the first female U.S. Senator in the state’s history. Prior to serving in the Senate, Capito was a member of the West Virginia House of Representatives from 1997 to 2001 and a member of the United States House of Representatives from 2001 to 2015. At the start of the 116th Congress, Capito was a member of the U.S. Senate committees on Appropriations, Commerce, Science, and Transportation, Environment and Public Works, and Rules and Administration. As of a 2014 analysis of multiple outside rankings, Capito is a more moderate right of center Republican Party vote. As a result, she may break with the Republican Party line more than her fellow members. Capito earned her bachelor’s degree from Duke University. After earning her M.Ed. from the University of Virginia, Capito was a college counselor and then director of an educational information center. She was the only Republican in the West Virginia congressional delegation until the 2010 elections and is the first Republican woman elected to Congress from West Virginia. Capito is a former chairwoman of the Congressional Caucus for Women’s Issues, as well as a member of the Congressional Arts Caucus. After an explosion responsible for the death of 29 coal workers, Capito founded the Congressional Coal Caucus. Prior to her election to the U.S. House, Capito served in the West Virginia House of Delegates.

About JPMorgan Chase & Co.

JPMorgan Chase & Co is a financial holding company, which engages in the provision of financial and investment banking services. The firm offers a range of investment banking products and services in all capital markets, including advising on corporate strategy and structure, capital raising in equity and debt markets, risk management, market making in cash securities and derivative instruments, and brokerage and research.