Traders sold shares of JPMorgan Chase & Co. (NYSE:JPM) on strength during trading on Thursday. $105.44 million flowed into the stock on the tick-up and $140.66 million flowed out of the stock on the tick-down, for a money net flow of $35.22 million out of the stock. Of all stocks tracked, JPMorgan Chase & Co. had the 0th highest net out-flow for the day. JPMorgan Chase & Co. traded up $0.39 for the day and closed at $60.58

A number of equities research analysts have issued reports on JPM shares. Deutsche Bank AG reissued a “buy” rating on shares of JPMorgan Chase & Co. in a research report on Wednesday, March 30th. Vetr raised JPMorgan Chase & Co. from a “strong sell” rating to a “sell” rating and set a $57.51 price target for the company in a research report on Tuesday. Royal Bank Of Canada reissued a “buy” rating on shares of JPMorgan Chase & Co. in a research report on Thursday, April 14th. FBR & Co reissued a “buy” rating on shares of JPMorgan Chase & Co. in a research report on Thursday, April 14th. Finally, Goldman Sachs Group Inc. boosted their price target on JPMorgan Chase & Co. from $65.00 to $69.00 and gave the company a “neutral” rating in a research report on Thursday, April 14th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and twenty-three have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $71.11.

The stock’s 50-day moving average price is $63.00 and its 200 day moving average price is $60.82. The stock has a market capitalization of $221.49 billion and a PE ratio of 10.27.

JPMorgan Chase & Co. (NYSE:JPM) last released its earnings results on Wednesday, April 13th. The financial services provider reported $1.35 earnings per share for the quarter, topping analysts’ consensus estimates of $1.26 by $0.09. During the same period last year, the business earned $1.45 earnings per share. The firm had revenue of $24.10 million for the quarter, compared to analyst estimates of $24.78 billion. The firm’s quarterly revenue was down 3.7% compared to the same quarter last year. On average, equities research analysts predict that JPMorgan Chase & Co. will post $5.65 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Sunday, July 31st. Shareholders of record on Wednesday, July 6th will be paid a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 3.17%. The ex-dividend date of this dividend is Friday, July 1st. This is a boost from JPMorgan Chase & Co.’s previous quarterly dividend of $0.44.

In other JPMorgan Chase & Co. news, CFO Marianne Lake sold 13,684 shares of the firm’s stock in a transaction dated Thursday, April 14th. The shares were sold at an average price of $62.41, for a total transaction of $854,018.44. Following the completion of the transaction, the chief financial officer now owns 16,581 shares in the company, valued at $1,034,820.21. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Gordon Smith sold 32,096 shares of the firm’s stock in a transaction dated Thursday, April 14th. The stock was sold at an average price of $62.01, for a total transaction of $1,990,272.96. Following the transaction, the executive vice president now owns 128,728 shares of the company’s stock, valued at approximately $7,982,423.28. The disclosure for this sale can be found here.

A number of hedge funds and institutional investors have made changes to their positions in the company. Dimensional Fund Advisors LP boosted its position in shares of JPMorgan Chase & Co. by 0.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 24,673,028 shares of the financial services provider’s stock worth $1,629,271,000 after buying an additional 177,169 shares in the last quarter. Dorsey & Whitney Trust CO LLC boosted its position in shares of JPMorgan Chase & Co. by 2.6% in the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 38,665 shares of the financial services provider’s stock worth $2,553,000 after buying an additional 980 shares in the last quarter. Cedar Hill Associates LLC boosted its position in shares of JPMorgan Chase & Co. by 0.5% in the fourth quarter. Cedar Hill Associates LLC now owns 210,272 shares of the financial services provider’s stock worth $13,884,000 after buying an additional 976 shares in the last quarter. Stephens Inc. AR boosted its position in shares of JPMorgan Chase & Co. by 7.2% in the fourth quarter. Stephens Inc. AR now owns 152,396 shares of the financial services provider’s stock worth $10,063,000 after buying an additional 10,268 shares in the last quarter. Finally, I.G. Investment Management LTD. boosted its position in shares of JPMorgan Chase & Co. by 6.5% in the fourth quarter. I.G. Investment Management LTD. now owns 3,257,643 shares of the financial services provider’s stock worth $215,102,000 after buying an additional 198,448 shares in the last quarter.

JPMorgan Chase & Co is a financial holding company. The Company is engaged in investment banking, financial services. It operates in four segments, as well as a Corporate segment. Its segments are Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking and Asset Management. The Consumer & Community Banking segment serves consumers and businesses through personal service at bank branches and through automatic teller machines, online, mobile and telephone banking.

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