Traders sold shares of JPMorgan Chase & Co. (NYSE:JPM) on strength during trading on Wednesday. $112.31 million flowed into the stock on the tick-up and $173.87 million flowed out of the stock on the tick-down, for a money net flow of $61.56 million out of the stock. Of all companies tracked, JPMorgan Chase & Co. had the 0th highest net out-flow for the day. JPMorgan Chase & Co. traded up $0.55 for the day and closed at $67.50

A number of research analysts have commented on the company. Citigroup Inc. lowered JPMorgan Chase & Co. from a “buy” rating to a “neutral” rating and set a $65.00 price target for the company. in a research report on Monday, August 8th. They noted that the move was a valuation call. Sanford C. Bernstein lowered JPMorgan Chase & Co. from an “outperform” rating to a “market perform” rating and upped their price target for the company from $65.72 to $67.00 in a research report on Tuesday, August 16th. They noted that the move was a valuation call. Vetr raised JPMorgan Chase & Co. from a “sell” rating to a “hold” rating and set a $68.05 price target for the company in a research report on Tuesday, August 16th. Societe Generale reaffirmed a “buy” rating on shares of JPMorgan Chase & Co. in a research report on Monday, June 6th. Finally, Robert W. Baird reaffirmed an “outperform” rating and set a $75.00 price target on shares of JPMorgan Chase & Co. in a research report on Monday, June 6th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and twenty-two have given a buy rating to the stock. JPMorgan Chase & Co. currently has an average rating of “Buy” and an average price target of $71.50.

The firm has a market cap of $243.78 billion and a price-to-earnings ratio of 11.44. The company’s 50 day moving average price is $65.09 and its 200-day moving average price is $62.25.

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 Thomson Reuters’ consensus estimate of $1.43 by $0.12. The firm earned $24.40 billion during the quarter, compared to analysts’ expectations of $23.84 billion. During the same period in the prior year, the firm posted $1.54 earnings per share. JPMorgan Chase & Co.’s revenue for the quarter was up 2.5% compared to the same quarter last year. Equities analysts predict that JPMorgan Chase & Co. will post $5.65 EPS for the current year.

In other news, COO Matthew E. Zames sold 3,991 shares of the business’s stock in a transaction on Friday, July 15th. The shares were sold at an average price of $63.91, for a total transaction of $255,064.81. Following the sale, the chief operating officer now directly owns 282,287 shares of the company’s stock, valued at $18,040,962.17. The sale 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 the business’s 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 sale, the executive vice president now directly owns 152,462 shares in the company, valued at $9,765,191.10. The disclosure for this sale can be found here.

Several large investors recently made changes to their positions in JPM. Pettyjohn Wood & White Inc. raised its stake 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. Private Capital Management Inc. bought a new stake in shares of JPMorgan Chase & Co. during the fourth quarter worth $1,961,000. Dorsey & Whitney Trust CO LLC raised its stake in shares of JPMorgan Chase & Co. by 2.6% in the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 38,665 shares of the financial services provider’s stock worth $2,553,000 after buying an additional 980 shares during the period. ProVise Management Group LLC raised its stake in shares of JPMorgan Chase & Co. by 11.2% in the fourth quarter. ProVise Management Group LLC now owns 42,537 shares of the financial services provider’s stock worth $2,809,000 after buying an additional 4,300 shares during the period. Finally, Venturi Wealth Management LLC bought a new stake in shares of JPMorgan Chase & Co. during the fourth quarter worth $4,224,000.

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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.