Investors purchased shares of JPMorgan Chase & Co. (NYSE:JPM) on weakness during trading hours on Monday. $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

A number of brokerages have recently commented on JPM. Jefferies Group reaffirmed a “buy” rating on shares of JPMorgan Chase & Co. in a research note on Sunday, July 17th. Societe Generale reaffirmed a “buy” rating on shares of JPMorgan Chase & Co. in a research note on Monday, June 6th. Deutsche Bank AG reaffirmed a “buy” rating and set a $70.00 price objective on shares of JPMorgan Chase & Co. in a research note on Wednesday, May 18th. Bank of America Corp. reaffirmed a “buy” rating on shares of JPMorgan Chase & Co. in a research note on Tuesday, May 17th. Finally, Nomura reiterated a “neutral” rating and set a $66.00 target price on shares of JPMorgan Chase & Co. in a research report on Friday, June 17th. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and twenty-two have assigned a buy rating to the company. JPMorgan Chase & Co. presently has an average rating of “Buy” and a consensus target price of $70.98.

The stock’s 50-day moving average is $63.35 and its 200 day moving average is $61.49. The company has a market capitalization of $237.02 billion and a price-to-earnings ratio of 11.12.

JPMorgan Chase & Co. (NYSE:JPM) last released its earnings results on Thursday, July 14th. The financial services provider reported $1.55 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.43 by $0.12. During the same quarter last year, the company posted $1.54 earnings per share. The business 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. On average, equities analysts expect that JPMorgan Chase & Co. will post $5.63 earnings per share for the current fiscal year.

In related news, COO Matthew E. Zames sold 3,991 shares of the stock in a transaction dated Friday, July 15th. The stock was sold at an average price of $63.91, for a total transaction of $255,064.81. Following the transaction, the chief operating officer now directly owns 282,287 shares in the company, valued at $18,040,962.17. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Gordon Smith sold 23,735 shares of the stock in a transaction dated Friday, July 15th. The stock was sold at an average price of $64.05, for a total value of $1,520,226.75. Following the transaction, the executive vice president now owns 152,462 shares in the company, valued at $9,765,191.10. The disclosure for this sale can be found here.

Other institutional investors have added to or reduced their stakes in the company. Farr Miller & Washington LLC DC increased its position in JPMorgan Chase & Co. by 0.7% in the fourth quarter. Farr Miller & Washington LLC DC now owns 277,612 shares of the financial services provider’s stock valued at $18,331,000 after buying an additional 1,983 shares during the period. Frontier Investment Mgmt Co. raised its stake in shares of JPMorgan Chase & Co. by 47.7% in the fourth quarter. Frontier Investment Mgmt Co. now owns 28,163 shares of the financial services provider’s stock valued at $1,856,000 after buying an additional 9,092 shares in the last quarter. King Luther Capital Management Corp raised its stake in shares of JPMorgan Chase & Co. by 0.4% in the fourth quarter. King Luther Capital Management Corp now owns 1,550,621 shares of the financial services provider’s stock valued at $102,388,000 after buying an additional 6,894 shares in the last quarter. Autus Asset Management LLC purchased a new stake in shares of JPMorgan Chase & Co. during the fourth quarter valued at approximately $1,591,000. Finally, Argent Capital Management LLC raised its stake in shares of JPMorgan Chase & Co. by 3.1% in the fourth quarter. Argent Capital Management LLC now owns 1,117,317 shares of the financial services provider’s stock valued at $73,776,000 after buying an additional 33,305 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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