Traders sold shares of JPMorgan Chase & Co. (NYSE:JPM) on strength during trading on Monday. $112.48 million flowed into the stock on the tick-up and $157.47 million flowed out of the stock on the tick-down, for a money net flow of $44.99 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 $0.44 for the day and closed at $62.27

JPM has been the topic of several research reports. Wells Fargo & Co. reissued a “buy” rating on shares of JPMorgan Chase & Co. in a research report on Saturday. Credit Suisse Group AG reissued an “outperform” rating and issued a $75.00 target price on shares of JPMorgan Chase & Co. in a research report on Tuesday, March 22nd. Vetr cut JPMorgan Chase & Co. from a “buy” rating to a “hold” rating and set a $65.34 target price on the stock. in a research report on Thursday, June 9th. Royal Bank Of Canada reissued a “buy” rating on shares of JPMorgan Chase & Co. in a research report on Thursday, April 14th. Finally, BMO Capital Markets raised their target price on JPMorgan Chase & Co. from $71.00 to $77.00 and gave the stock an “outperform” rating in a research report on Thursday, April 14th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and twenty-four have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $71.11.

The company has a 50-day moving average of $62.92 and a 200-day moving average of $60.68. The company has a market capitalization of $227.67 billion and a PE ratio of 10.55.

The company also recently announced a quarterly dividend, which will be paid on Sunday, July 31st. Stockholders of record on Wednesday, July 6th will be given a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 3.08%. The ex-dividend date is Friday, July 1st. This is a boost from JPMorgan Chase & Co.’s previous quarterly dividend of $0.44.

In other news, CFO Marianne Lake sold 13,684 shares of JPMorgan Chase & Co. stock in a transaction dated Thursday, April 14th. The stock was sold at an average price of $62.41, for a total transaction of $854,018.44. Following the sale, the chief financial officer now owns 16,581 shares in the company, valued at $1,034,820.21. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Matthew E. Zames sold 45,144 shares of JPMorgan Chase & Co. stock in a transaction dated Thursday, April 14th. The stock was sold at an average price of $61.77, for a total value of $2,788,544.88. Following the sale, the chief operating officer now owns 278,297 shares in the company, valued at approximately $17,190,405.69. The disclosure for this sale can be found here.

Several hedge funds have recently bought and sold shares of the company. Linscomb & Williams Inc. boosted 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 worth $3,864,000 after buying an additional 1,662 shares during the period. Sei Investments Co. boosted its position in shares of 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 during the period. Sheets Smith Wealth Management boosted its position in shares of 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 during the period. MetLife Securities Inc boosted its position in shares of 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 during the period. Finally, Sandy Spring Bank boosted its position in shares of JPMorgan Chase & Co. by 8.7% in the fourth quarter. Sandy Spring Bank now owns 113,461 shares of the financial services provider’s stock valued at $7,492,000 after buying an additional 9,122 shares during the period.

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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