Investors bought shares of JPMorgan Chase & Co. (NYSE:JPM) on weakness during trading hours on Thursday. $336.56 million flowed into the stock on the tick-up and $151.52 million flowed out of the stock on the tick-down, for a money net flow of $185.04 million into the stock. Of all companies tracked, JPMorgan Chase & Co. had the highest net in-flow for the day. JPMorgan Chase & Co. traded down ($0.49) for the day and closed at $114.10

Several equities research analysts have issued reports on JPM shares. Keefe, Bruyette & Woods reaffirmed a “$111.53” rating and set a $127.00 price target on shares of JPMorgan Chase & Co. in a research note on Wednesday, July 18th. Royal Bank of Canada reaffirmed a “buy” rating and set a $120.00 price target on shares of JPMorgan Chase & Co. in a research note on Monday, July 16th. Credit Suisse Group set a $130.00 price target on shares of JPMorgan Chase & Co. and gave the stock a “buy” rating in a research note on Thursday, July 12th. DZ Bank raised shares of JPMorgan Chase & Co. from a “hold” rating to a “buy” rating in a research note on Thursday, July 19th. Finally, UBS Group raised shares of JPMorgan Chase & Co. from a “hold” rating to a “buy” rating in a research note on Thursday, July 19th. One analyst has rated the stock with a sell rating, ten have issued a hold rating and fourteen have assigned a buy rating to the stock. JPMorgan Chase & Co. presently has a consensus rating of “Buy” and an average price target of $120.23.

The firm has a market capitalization of $391.59 billion, a price-to-earnings ratio of 16.64, a PEG ratio of 1.87 and a beta of 1.16. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.01 and a current ratio of 1.01.

JPMorgan Chase & Co. (NYSE:JPM) last announced its quarterly earnings data on Friday, July 13th. The financial services provider reported $2.29 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $2.22 by $0.07. The business had revenue of $27.75 billion for the quarter, compared to analyst estimates of $27.62 billion. JPMorgan Chase & Co. had a net margin of 22.80% and a return on equity of 13.18%. analysts expect that JPMorgan Chase & Co. will post 9.15 EPS for the current year.

In related news, CEO Gordon Smith sold 30,725 shares of the firm’s stock in a transaction that occurred on Monday, July 23rd. The shares were sold at an average price of $114.01, for a total value of $3,502,957.25. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.73% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Elite Wealth Management Inc. raised its stake in shares of JPMorgan Chase & Co. by 4.1% during the first quarter. Elite Wealth Management Inc. now owns 17,891 shares of the financial services provider’s stock valued at $1,967,000 after purchasing an additional 701 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its stake in shares of JPMorgan Chase & Co. by 7.1% during the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 808,379 shares of the financial services provider’s stock valued at $88,897,000 after purchasing an additional 53,442 shares during the period. Nuveen Asset Management LLC raised its stake in shares of JPMorgan Chase & Co. by 2.7% during the first quarter. Nuveen Asset Management LLC now owns 1,124,172 shares of the financial services provider’s stock valued at $123,625,000 after purchasing an additional 29,540 shares during the period. ING Groep NV raised its stake in shares of JPMorgan Chase & Co. by 1.5% during the fourth quarter. ING Groep NV now owns 484,403 shares of the financial services provider’s stock valued at $51,802,000 after purchasing an additional 7,393 shares during the period. Finally, Wealthfront Inc. raised its stake in shares of JPMorgan Chase & Co. by 14.2% during the fourth quarter. Wealthfront Inc. now owns 139,214 shares of the financial services provider’s stock valued at $14,888,000 after purchasing an additional 17,288 shares during the period. Hedge funds and other institutional investors own 70.70% of the company’s stock.

About JPMorgan Chase & Co. (NYSE:JPM)

JPMorgan Chase & Co operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset & Wealth Management. The Consumer & Community Banking segment offers deposit and investment products and services to consumers; lending, deposit, and cash management and payment solutions to small businesses; residential mortgages and home equity loans; and credit cards, payment processing services, auto loans and leases.

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