Investors sold shares of JPMorgan Chase & Co. (NYSE:JPM) on strength during trading hours 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 equities 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

Several equities analysts recently issued reports on the stock. Wells Fargo & Co. reissued an “outperform” rating on shares of JPMorgan Chase & Co. in a report on Sunday, March 20th. Vetr raised shares of JPMorgan Chase & Co. from a “buy” rating to a “strong-buy” rating and set a $64.41 price target for the company in a report on Thursday, April 7th. Bank of America Corp. reissued a “buy” rating on shares of JPMorgan Chase & Co. in a report on Thursday, April 14th. Societe Generale reissued a “buy” rating on shares of JPMorgan Chase & Co. in a report on Monday, June 6th. Finally, Deutsche Bank AG reissued a “buy” rating and set a $70.00 price target on shares of JPMorgan Chase & Co. in a report on Wednesday, May 18th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and twenty-three have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $71.11.

The stock has a market cap of $226.06 billion and a PE ratio of 10.48. The stock has a 50 day moving average of $62.95 and a 200-day moving average of $60.79.

JPMorgan Chase & Co. (NYSE:JPM) last released its quarterly earnings results on Wednesday, April 13th. The financial services provider reported $1.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.26 by $0.09. The firm had revenue of $24.10 million for the quarter, compared to the consensus estimate of $24.78 billion. The firm’s revenue for the quarter was down 3.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.45 EPS. On average, equities research analysts anticipate that JPMorgan Chase & Co. will post $5.64 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Sunday, July 31st. Shareholders of record on Wednesday, July 6th will be issued a dividend of $0.48 per share. This is an increase from JPMorgan Chase & Co.’s previous quarterly dividend of $0.44. The ex-dividend date is Friday, July 1st. This represents a $1.92 annualized dividend and a yield of 3.11%.

In other JPMorgan Chase & Co. news, EVP Gordon Smith sold 32,096 shares of the firm’s stock in a transaction that occurred on Thursday, April 14th. The shares were sold at an average price of $62.01, for a total transaction of $1,990,272.96. Following the completion of the transaction, the executive vice president now owns 128,728 shares in the company, valued at approximately $7,982,423.28. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, COO Matthew E. Zames sold 45,144 shares of the firm’s stock in a transaction that occurred on Thursday, April 14th. The stock was sold at an average price of $61.77, for a total transaction of $2,788,544.88. Following the transaction, the chief operating officer now owns 278,297 shares of the company’s stock, valued at approximately $17,190,405.69. The disclosure for this sale can be found here.

Several hedge funds recently added to or reduced their stakes in the stock. Hutchens Investment Management Inc bought a new stake in JPMorgan Chase & Co. during the fourth quarter valued at $1,782,000. Linscomb & Williams Inc. raised its stake in JPMorgan Chase & Co. by 2.9% in the fourth quarter. Linscomb & Williams Inc. now owns 58,519 shares of the financial services provider’s stock valued at $3,864,000 after buying an additional 1,662 shares in the last quarter. Sei Investments Co. raised its stake in JPMorgan Chase & Co. by 114.0% in the fourth quarter. Sei Investments Co. now owns 1,371,132 shares of the financial services provider’s stock valued at $90,536,000 after buying an additional 730,383 shares in the last quarter. Sheets Smith Wealth Management raised its stake in JPMorgan Chase & Co. by 2.9% in the fourth quarter. Sheets Smith Wealth Management now owns 23,970 shares of the financial services provider’s stock valued at $1,583,000 after buying an additional 670 shares in the last quarter. Finally, MetLife Securities Inc raised its stake in JPMorgan Chase & Co. by 55.1% in the fourth quarter. MetLife Securities Inc now owns 110,770 shares of the financial services provider’s stock valued at $7,314,000 after buying an additional 39,340 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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