Traders bought shares of JPMorgan Chase & Co. (NYSE:JPM) on weakness during trading hours on Friday. $109.60 million flowed into the stock on the tick-up and $74.63 million flowed out of the stock on the tick-down, for a money net flow of $34.97 million into the stock. Of all stocks tracked, JPMorgan Chase & Co. had the 12th highest net in-flow for the day. JPMorgan Chase & Co. traded down ($0.14) for the day and closed at $65.32

Several brokerages recently weighed in on JPM. Deutsche Bank AG restated a “buy” rating on shares of JPMorgan Chase & Co. in a research note on Saturday, June 4th. Barclays PLC restated a “buy” rating on shares of JPMorgan Chase & Co. in a research note on Saturday, July 9th. Wells Fargo & Co. restated a “buy” rating on shares of JPMorgan Chase & Co. in a research note on Saturday, July 9th. Credit Suisse Group AG restated a “buy” rating on shares of JPMorgan Chase & Co. in a research note on Saturday, July 9th. Finally, Jefferies Group restated a “buy” rating on shares of JPMorgan Chase & Co. in a research note on Sunday, July 10th. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and twenty-three have given a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $70.93.

The stock’s 50 day moving average price is $63.18 and its 200-day moving average price is $61.36. The company has a market capitalization of $235.90 billion and a price-to-earnings ratio of 11.07.

JPMorgan Chase & Co. (NYSE:JPM) last released its quarterly 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. The company had revenue of $24.40 billion for the quarter, compared to analysts’ expectations of $23.84 billion. The business’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same period in the prior year, the business earned $1.54 EPS. Equities research analysts predict that JPMorgan Chase & Co. will post $5.63 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Sunday, July 31st. Investors of record on Wednesday, July 6th were issued a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.94%. This is a boost from JPMorgan Chase & Co.’s previous quarterly dividend of $0.44. The ex-dividend date was Friday, July 1st.

In related news, EVP Gordon Smith sold 23,735 shares of the firm’s stock in a transaction dated 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 transaction, the executive vice president now owns 152,462 shares of the company’s stock, valued at $9,765,191.10. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, COO Matthew E. Zames sold 3,991 shares of the firm’s stock in a transaction dated Friday, July 15th. The stock was sold at an average price of $63.91, for a total value of $255,064.81. Following the transaction, the chief operating officer now directly owns 282,287 shares in the company, valued at approximately $18,040,962.17. The disclosure for this sale can be found here.

A number of large investors have made changes to their positions in the stock. Sei Investments Co. raised 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 in the last quarter. MetLife Securities Inc raised 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 in the last quarter. Sandy Spring Bank raised 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 in the last quarter. Court Place Advisors LLC raised its stake in shares of JPMorgan Chase & Co. by 1.7% in the fourth quarter. Court Place Advisors LLC now owns 22,953 shares of the financial services provider’s stock worth $1,516,000 after buying an additional 393 shares in the last quarter. Finally, Main Street Research LLC raised its stake in shares of JPMorgan Chase & Co. by 0.6% in the fourth quarter. Main Street Research LLC now owns 147,288 shares of the financial services provider’s stock worth $9,725,000 after buying an additional 849 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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