Traders purchased shares of JPMorgan Chase & Co. (NYSE:JPM) on weakness during trading on Thursday. $181.65 million flowed into the stock on the tick-up and $86.11 million flowed out of the stock on the tick-down, for a money net flow of $95.54 million into the stock. Of all stocks tracked, JPMorgan Chase & Co. had the 3rd highest net in-flow for the day. JPMorgan Chase & Co. traded down ($0.23) for the day and closed at $64.10

Several equities analysts have recently weighed in on JPM shares. Societe Generale restated a “buy” rating on shares of JPMorgan Chase & Co. in a research report on Monday, June 6th. Sanford C. Bernstein restated a “buy” rating on shares of JPMorgan Chase & Co. in a research report on Monday, June 6th. Vetr downgraded 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. Deutsche Bank AG restated a “buy” rating on shares of JPMorgan Chase & Co. in a research report on Saturday, June 4th. Finally, Robert W. Baird restated an “outperform” rating and issued a $75.00 target price on shares of JPMorgan Chase & Co. in a research report on Monday, June 6th. Three analysts have rated the stock with a sell rating, four have given a hold rating and twenty-four have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $71.18.

The firm’s 50 day moving average is $62.54 and its 200-day moving average is $60.77. The stock has a market capitalization of $233.05 billion and a price-to-earnings ratio of 10.86.

JPMorgan Chase & Co. (NYSE:JPM) last issued its earnings results on Thursday, July 14th. The financial services provider reported $1.55 earnings per share for the quarter, topping the consensus estimate of $1.43 by $0.12. The firm earned $24.40 billion during the quarter, compared to analysts’ expectations of $23.84 billion. During the same period last year, the business posted $1.54 earnings per share. The company’s quarterly revenue was up 2.5% compared to the same quarter last year. On average, analysts anticipate that JPMorgan Chase & Co. will post $5.64 earnings per share for the current fiscal year.

The company 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 $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 3.00%. This is a positive change from JPMorgan Chase & Co.’s previous quarterly dividend of $0.44. The ex-dividend date of this dividend is Friday, July 1st.

In related news, COO Matthew E. Zames sold 3,991 shares of the stock in a transaction on Friday, July 15th. The stock was sold at an average price of $63.91, for a total value of $255,064.81. Following the completion of the sale, the chief operating officer now directly owns 282,287 shares in the company, valued at approximately $18,040,962.17. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Ashley Bacon sold 15,521 shares of the stock in a transaction on Friday, July 15th. The shares were sold at an average price of $63.97, for a total value of $992,878.37. Following the completion of the sale, the insider now owns 14,938 shares of the company’s stock, valued at $955,583.86. The disclosure for this sale can be found here.

A number of hedge funds recently made changes to their positions in the stock. Majedie Asset Management Ltd increased its stake in shares of JPMorgan Chase & Co. by 41.9% in the fourth quarter. Majedie Asset Management Ltd now owns 185,756 shares of the financial services provider’s stock valued at $12,265,000 after buying an additional 54,846 shares in the last quarter. Roffman Miller Associates Inc. PA increased its stake in shares of JPMorgan Chase & Co. by 2.7% in the fourth quarter. Roffman Miller Associates Inc. PA now owns 238,292 shares of the financial services provider’s stock valued at $15,734,000 after buying an additional 6,304 shares in the last quarter. K.J. Harrison & Partners Inc increased its stake in shares of JPMorgan Chase & Co. by 40.1% in the fourth quarter. K.J. Harrison & Partners Inc now owns 116,908 shares of the financial services provider’s stock valued at $7,719,000 after buying an additional 33,433 shares in the last quarter. World Asset Management Inc increased its stake in shares of JPMorgan Chase & Co. by 1.8% in the fourth quarter. World Asset Management Inc now owns 406,998 shares of the financial services provider’s stock valued at $26,874,000 after buying an additional 7,044 shares in the last quarter. Finally, Sheets Smith Wealth Management increased 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 valued at $1,583,000 after buying an additional 670 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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