JPMorgan Chase & Co. Has $10.28 Million Position in Financial Institutions, Inc. $FISI

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JPMorgan Chase & Co. significantly increased its stake in Financial Institutions, Inc. (FISI) by 10.2% in the third quarter, now holding 377,740 shares valued at approximately $10.28 million, representing 1.88% ownership. The company also raised its quarterly dividend to $0.32, offering a 4.1% annualized yield. Analysts have given the stock a “Moderate Buy” rating with an average price target of $37.00, reflecting positive sentiment.

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