Traders purchased shares of JPMorgan Chase & Co. (NYSE:JPM) on weakness during trading hours on Friday. $239.77 million flowed into the stock on the tick-up and $68.38 million flowed out of the stock on the tick-down, for a money net flow of $171.39 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 ($0.13) for the day and closed at $63.97

Several research firms have weighed in on JPM. Argus reaffirmed a “buy” rating and set a $72.00 price target on shares of JPMorgan Chase & Co. in a research report on Monday, July 18th. BMO Capital Markets reaffirmed a “buy” rating and set a $74.00 price target (down previously from $77.00) on shares of JPMorgan Chase & Co. in a research report on Sunday, July 17th. Jefferies Group reaffirmed a “buy” rating on shares of JPMorgan Chase & Co. in a research report on Sunday, July 17th. Bank of America Corp. reaffirmed a “buy” rating on shares of JPMorgan Chase & Co. in a research report on Sunday, July 17th. Finally, Oppenheimer Holdings Inc. reaffirmed a “hold” rating on shares of JPMorgan Chase & Co. in a research report on Sunday, July 17th. Three research 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. The company has a consensus rating of “Buy” and an average price target of $71.18.

The firm’s 50 day moving average is $62.52 and its 200 day moving average is $60.81. The company has a market capitalization of $232.58 billion and a P/E ratio of 10.84.

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 (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.43 by $0.12. The business had revenue of $24.40 billion for the quarter, compared to the consensus estimate of $23.84 billion. During the same period in the prior year, the business posted $1.54 EPS. JPMorgan Chase & Co.’s quarterly revenue was up 2.5% on a year-over-year basis. Equities analysts expect that JPMorgan Chase & Co. will post $5.64 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, July 31st. Investors of record on Wednesday, July 6th will be paid a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a 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 JPMorgan Chase & Co. stock in a transaction on Friday, July 15th. The stock was sold at an average price of $63.91, for a total transaction of $255,064.81. Following the completion of the sale, the chief operating officer now owns 282,287 shares of the company’s stock, valued at $18,040,962.17. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Gordon Smith sold 23,735 shares of JPMorgan Chase & Co. stock in a transaction on Friday, July 15th. The shares were sold at an average price of $64.05, for a total value of $1,520,226.75. Following the sale, the executive vice president now directly owns 152,462 shares of the company’s stock, valued at approximately $9,765,191.10. The disclosure for this sale can be found here.

Other large investors have bought and sold shares of the company. First Heartland Consultants Inc. raised its stake in JPMorgan Chase & Co. by 0.5% in the fourth quarter. First Heartland Consultants Inc. now owns 26,189 shares of the financial services provider’s stock valued at $1,729,000 after buying an additional 119 shares in the last quarter. Van Strum & Towne Inc. raised its stake in shares of JPMorgan Chase & Co. by 0.3% in the fourth quarter. Van Strum & Towne Inc. now owns 46,439 shares of the financial services provider’s stock valued at $3,066,000 after buying an additional 140 shares during the period. Investors Asset Management of Georgia Inc. GA ADV raised its stake in shares of JPMorgan Chase & Co. by 0.5% in the fourth quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 34,057 shares of the financial services provider’s stock valued at $2,249,000 after buying an additional 175 shares during the period. Bollard Group LLC raised its stake in shares of JPMorgan Chase & Co. by 0.4% in the fourth quarter. Bollard Group LLC now owns 54,284 shares of the financial services provider’s stock valued at $3,584,000 after buying an additional 199 shares during the period. Finally, Sandhill Capital Partners LLC raised its stake in shares of JPMorgan Chase & Co. by 1.6% in the fourth quarter. Sandhill Capital Partners LLC now owns 21,133 shares of the financial services provider’s stock valued at $1,395,000 after buying an additional 332 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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