Traders purchased shares of JPMorgan Chase & Co. (NYSE:JPM) on weakness during trading on Thursday. $165.64 million flowed into the stock on the tick-up and $112.85 million flowed out of the stock on the tick-down, for a money net flow of $52.79 million into the stock. Of all companies tracked, JPMorgan Chase & Co. had the 22nd highest net in-flow for the day. JPMorgan Chase & Co. traded down ($0.29) for the day and closed at $67.21

A number of brokerages have weighed in on JPM. Barclays PLC reaffirmed a “buy” rating on shares of JPMorgan Chase & Co. in a report on Saturday, July 9th. Wells Fargo & Co. reaffirmed a “buy” rating on shares of JPMorgan Chase & Co. in a report on Saturday, July 9th. BMO Capital Markets reaffirmed a “buy” rating and issued a $74.00 price objective (down previously from $77.00) on shares of JPMorgan Chase & Co. in a report on Sunday, July 17th. Oppenheimer Holdings Inc. reaffirmed a “hold” rating on shares of JPMorgan Chase & Co. in a report on Sunday, July 17th. Finally, Jefferies Group reaffirmed a “buy” rating on shares of JPMorgan Chase & Co. in a report on Sunday, July 17th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and twenty-two have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $71.50.

The stock has a market capitalization of $242.73 billion and a P/E ratio of 11.39. The firm’s 50-day moving average price is $65.20 and its 200-day moving average price is $62.29.

JPMorgan Chase & Co. (NYSE:JPM) last issued its quarterly earnings results on Thursday, July 14th. The financial services provider reported $1.55 EPS for the quarter, beating 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 quarter last year, the company posted $1.54 EPS. The firm’s revenue was up 2.5% compared to the same quarter last year. Equities analysts predict that JPMorgan Chase & Co. will post $5.65 earnings per share for the current year.

In other JPMorgan Chase & Co. news, insider Ashley Bacon sold 15,521 shares of the stock in a transaction that occurred 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 completion of the sale, the insider now owns 14,938 shares in the company, valued at approximately $955,583.86. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Gordon Smith sold 23,735 shares of the stock in a transaction that occurred on 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 completion of the sale, the executive vice president now 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.

A number of large investors recently added to or reduced their stakes in the company. RidgeWorth Capital Management LLC increased its stake in JPMorgan Chase & Co. by 10.2% in the fourth quarter. RidgeWorth Capital Management LLC now owns 1,590,316 shares of the financial services provider’s stock worth $105,009,000 after buying an additional 146,704 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in JPMorgan Chase & Co. by 0.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 24,673,028 shares of the financial services provider’s stock worth $1,629,271,000 after buying an additional 177,169 shares during the last quarter. Jacobus Wealth Management Inc. increased its stake in JPMorgan Chase & Co. by 0.8% in the fourth quarter. Jacobus Wealth Management Inc. now owns 224,971 shares of the financial services provider’s stock worth $14,855,000 after buying an additional 1,746 shares during the last quarter. Deere & Co. increased its stake in JPMorgan Chase & Co. by 0.8% in the fourth quarter. Deere & Co. now owns 269,399 shares of the financial services provider’s stock worth $17,788,000 after buying an additional 2,068 shares during the last quarter. Finally, Venturi Wealth Management LLC bought a new stake in JPMorgan Chase & Co. during the fourth quarter worth about $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.

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