Investors sold shares of JPMorgan Chase & Co. (NYSE:JPM) on strength during trading hours on Wednesday. $95.89 million flowed into the stock on the tick-up and $168.66 million flowed out of the stock on the tick-down, for a money net flow of $72.77 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 $0.20 for the day and closed at $64.33

JPM has been the subject of several research reports. Societe Generale reissued a “buy” rating on shares of JPMorgan Chase & Co. in a research report on Monday, June 6th. Sanford C. Bernstein reissued a “buy” rating on shares of JPMorgan Chase & Co. in a research report on Monday, June 6th. Vetr downgraded shares of JPMorgan Chase & Co. from a “buy” rating to a “hold” rating and set a $65.34 price target for the company. in a research report on Thursday, June 9th. Deutsche Bank AG reissued a “buy” rating on shares of JPMorgan Chase & Co. in a research report on Saturday, June 4th. Finally, Robert W. Baird reissued an “outperform” rating and issued a $75.00 price target on shares of JPMorgan Chase & Co. in a research report on Monday, June 6th. Three 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 company has an average rating of “Buy” and a consensus price target of $71.18.

The firm’s 50 day moving average price is $62.57 and its 200-day moving average price is $60.74. The company has a market capitalization of $233.89 billion and a PE ratio of 10.90.

JPMorgan Chase & Co. (NYSE:JPM) last posted its quarterly earnings data on Thursday, July 14th. The financial services provider reported $1.55 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.43 by $0.12. During the same period in the previous year, the firm earned $1.54 earnings per share. The company had revenue of $24.40 billion for the quarter, compared to analysts’ expectations of $23.84 billion. The firm’s quarterly revenue was up 2.5% on a year-over-year basis. On average, equities research analysts forecast that JPMorgan Chase & Co. will post $5.64 EPS for the current year.

The business also recently disclosed 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. The ex-dividend date is Friday, July 1st. This is a positive change from JPMorgan Chase & Co.’s previous quarterly dividend of $0.44. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.98%.

In related news, EVP Gordon Smith sold 23,735 shares of JPMorgan Chase & Co. stock in a transaction that occurred on Friday, July 15th. The stock was sold at an average price of $64.05, for a total transaction of $1,520,226.75. Following the sale, the executive vice president now owns 152,462 shares of the company’s stock, valued at approximately $9,765,191.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Ashley Bacon sold 15,521 shares of JPMorgan Chase & Co. stock in a transaction that occurred 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 sale, the insider now directly owns 14,938 shares in the company, valued at approximately $955,583.86. The disclosure for this sale can be found here.

Other hedge funds have modified their holdings of the company. Nelson Van Denburg & Campbell Wealth Management Group LLC increased its stake in shares of JPMorgan Chase & Co. by 6.3% in the fourth quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 17,119 shares of the financial services provider’s stock valued at $1,130,000 after buying an additional 1,021 shares during the period. CFO4Life L.P. increased its stake in shares of JPMorgan Chase & Co. by 15.0% in the fourth quarter. CFO4Life L.P. now owns 17,317 shares of the financial services provider’s stock valued at $1,143,000 after buying an additional 2,262 shares during the period. Greenleaf Trust increased its stake in shares of JPMorgan Chase & Co. by 4.7% in the fourth quarter. Greenleaf Trust now owns 18,911 shares of the financial services provider’s stock valued at $1,249,000 after buying an additional 850 shares during the period. Telos Capital Management Inc. increased its stake in shares of JPMorgan Chase & Co. by 11.2% in the fourth quarter. Telos Capital Management Inc. now owns 18,984 shares of the financial services provider’s stock valued at $1,254,000 after buying an additional 1,909 shares during the period. Finally, Waldron LP increased its stake in shares of JPMorgan Chase & Co. by 9.9% in the fourth quarter. Waldron LP now owns 19,389 shares of the financial services provider’s stock valued at $1,280,000 after buying an additional 1,751 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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