Traders sold shares of JPMorgan Chase & Co. (NYSE:JPM) on strength during trading on Friday. $118.63 million flowed into the stock on the tick-up and $157.10 million flowed out of the stock on the tick-down, for a money net flow of $38.47 million out of the stock. Of all equities tracked, JPMorgan Chase & Co. had the 0th highest net out-flow for the day. JPMorgan Chase & Co. traded up $0.15 for the day and closed at $66.22

A number of analysts have commented on JPM shares. Deutsche Bank AG reaffirmed a “buy” rating and set a $70.00 price target on shares of JPMorgan Chase & Co. in a research report on Wednesday, May 18th. Bank of America Corp. reaffirmed a “buy” rating on shares of JPMorgan Chase & Co. in a research report on Tuesday, May 17th. Societe Generale reiterated a “buy” rating on shares of JPMorgan Chase & Co. in a research note on Monday, June 6th. Robert W. Baird reiterated an “outperform” rating and set a $75.00 price objective on shares of JPMorgan Chase & Co. in a research note on Monday, June 6th. Finally, Citigroup Inc. lowered JPMorgan Chase & Co. from a “buy” rating to a “neutral” rating and set a $65.00 price objective for the company. in a research note on Monday, August 8th. They noted that the move was a valuation call. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and twenty-two have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $71.50.

The stock has a market cap of $239.15 billion and a P/E ratio of 11.22. The stock’s 50 day moving average price is $64.68 and its 200 day moving average price is $61.95.

JPMorgan Chase & Co. (NYSE:JPM) last announced its 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. During the same quarter last year, the business posted $1.54 EPS. The firm had revenue of $24.40 billion for the quarter, compared to analyst estimates of $23.84 billion. The firm’s revenue was up 2.5% compared to the same quarter last year. On average, equities research analysts expect that JPMorgan Chase & Co. will post $5.65 EPS for the current year.

In other JPMorgan Chase & Co. news, insider Ashley Bacon sold 15,521 shares of JPMorgan Chase & Co. 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 transaction, the insider now owns 14,938 shares in the company, valued at approximately $955,583.86. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 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 transaction of $1,520,226.75. Following the completion of the transaction, the executive vice president now owns 152,462 shares in the company, valued at approximately $9,765,191.10. The disclosure for this sale can be found here.

Other institutional investors recently made changes to their positions in the company. Greenleaf Trust raised its position 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 worth $1,249,000 after buying an additional 850 shares during the period. Waldron LP raised its position 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 worth $1,280,000 after buying an additional 1,751 shares during the period. Autus Asset Management LLC bought a new position in shares of JPMorgan Chase & Co. during the fourth quarter worth $1,591,000. First Heartland Consultants Inc. raised its position in shares of 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 worth $1,729,000 after buying an additional 119 shares during the period. Finally, Pettyjohn Wood & White Inc. raised its position in shares of JPMorgan Chase & Co. by 8.4% in the fourth quarter. Pettyjohn Wood & White Inc. now owns 27,644 shares of the financial services provider’s stock worth $1,825,000 after buying an additional 2,143 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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