Investors sold shares of JPMorgan Chase & Co. (NYSE:JPM) on strength during trading on Tuesday. $121.44 million flowed into the stock on the tick-up and $207.20 million flowed out of the stock on the tick-down, for a money net flow of $85.76 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 $0.93 for the day and closed at $63.20

JPM has been the subject of a number of research analyst reports. Wells Fargo & Co. reaffirmed an “outperform” rating on shares of JPMorgan Chase & Co. in a report on Sunday, March 20th. Vetr cut shares of JPMorgan Chase & Co. from a “buy” rating to a “hold” rating and set a $62.70 price target for the company. in a report on Monday, March 21st. Nomura Holdings Inc. decreased their price target on shares of JPMorgan Chase & Co. from $67.00 to $65.00 in a report on Monday, March 21st. Credit Suisse Group AG reaffirmed an “outperform” rating and issued a $75.00 price target on shares of JPMorgan Chase & Co. in a report on Tuesday, March 22nd. Finally, Deutsche Bank AG reaffirmed a “buy” rating on shares of JPMorgan Chase & Co. in a report on Wednesday, March 30th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and twenty-four have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $71.11.

The stock’s 50 day moving average price is $62.91 and its 200-day moving average price is $60.70. The company has a market cap of $231.07 billion and a price-to-earnings ratio of 10.71.

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

In other news, EVP Gordon Smith sold 32,096 shares of the stock in a transaction dated Thursday, April 14th. The shares were sold at an average price of $62.01, for a total value 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Matthew E. Zames sold 45,144 shares of the stock in a transaction dated Thursday, April 14th. The shares were sold at an average price of $61.77, for a total transaction of $2,788,544.88. Following the completion of 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.

Other institutional investors recently made changes to their positions in the company. Linscomb & Williams Inc. increased its position in shares of 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 in the last quarter. Sei Investments Co. boosted its stake 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 worth $90,536,000 after buying an additional 730,383 shares during the last quarter. Sheets Smith Wealth Management boosted its stake 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 worth $1,583,000 after buying an additional 670 shares during the last quarter. MetLife Securities Inc boosted its stake 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 worth $7,314,000 after buying an additional 39,340 shares during the last quarter. Finally, Sandy Spring Bank boosted its stake 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 worth $7,492,000 after buying an additional 9,122 shares during 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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