Investors sold shares of JPMorgan Chase & Co. (NYSE:JPM) on strength during trading hours on Thursday. $289.41 million flowed into the stock on the tick-up and $315.50 million flowed out of the stock on the tick-down, for a money net flow of $26.09 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 $0.96 for the day and closed at $64.12

A number of equities research analysts recently weighed in on the stock. Deutsche Bank AG reissued a “buy” rating on shares of JPMorgan Chase & Co. in a research report on Saturday, June 4th. Wells Fargo & Co. reissued a “buy” rating on shares of JPMorgan Chase & Co. in a research report on Saturday, July 9th. Barclays PLC reissued a “buy” rating on shares of JPMorgan Chase & Co. in a research report on Saturday, July 9th. Credit Suisse Group AG reissued a “buy” rating on shares of JPMorgan Chase & Co. in a research report on Saturday, July 9th. Finally, Jefferies Group reaffirmed a “buy” rating on shares of JPMorgan Chase & Co. in a report on Sunday, July 10th. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and twenty-four have issued a buy rating to the company. JPMorgan Chase & Co. has an average rating of “Buy” and an average target price of $71.07.

The firm has a 50-day moving average price of $62.83 and a 200-day moving average price of $60.74. The company has a market cap of $234.43 billion and a P/E ratio of 10.87.

JPMorgan Chase & Co. (NYSE:JPM) last announced its earnings results on Thursday, July 14th. The financial services provider reported $1.55 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.43 by $0.12. During the same period last year, the firm posted $1.54 EPS. The company had revenue of $24.40 billion for the quarter, compared to the consensus estimate of $23.84 billion. The company’s revenue was up 2.5% compared to the same quarter last year. On average, analysts expect that JPMorgan Chase & Co. will post $5.58 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Sunday, July 31st. Investors 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 yield of 2.99%. This is a positive change from JPMorgan Chase & Co.’s previous quarterly dividend of $0.44. The ex-dividend date is Friday, July 1st.

Other institutional investors recently made changes to their positions in the company. Agran Libbie raised its position in shares of JPMorgan Chase & Co. by 9,936.4% in the fourth quarter. Agran Libbie now owns 5,375,303 shares of the financial services provider’s stock worth $3,549,000 after buying an additional 5,321,745 shares during the period. Winton Capital Group Ltd raised its position in shares of JPMorgan Chase & Co. by 190.7% in the fourth quarter. Winton Capital Group Ltd now owns 1,211,371 shares of the financial services provider’s stock worth $79,987,000 after buying an additional 794,595 shares during the period. Sei Investments Co. raised 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 worth $90,536,000 after buying an additional 730,383 shares during the period. EdgePoint Investment Group Inc. raised its position in shares of JPMorgan Chase & Co. by 15.9% in the fourth quarter. EdgePoint Investment Group Inc. now owns 4,786,426 shares of the financial services provider’s stock worth $316,048,000 after buying an additional 655,227 shares during the period. Finally, Smead Capital Management Inc. raised its position in shares of JPMorgan Chase & Co. by 36.5% in the fourth quarter. Smead Capital Management Inc. now owns 2,100,441 shares of the financial services provider’s stock worth $113,490,000 after buying an additional 561,204 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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