Oppenheimer Holdings Inc. restated their market perform rating on shares of JPMorgan Chase & Co. (NYSE:JPM) in a research note issued to investors on Tuesday morning.

Several other equities research analysts also recently commented on the company. Deutsche Bank AG reaffirmed a buy rating on shares of JPMorgan Chase & Co. in a report on Saturday, June 4th. Wells Fargo & Co. reaffirmed a buy rating on shares of JPMorgan Chase & Co. in a report on Saturday, July 9th. Barclays PLC reaffirmed a buy rating on shares of JPMorgan Chase & Co. in a report on Saturday, July 9th. Credit Suisse Group AG reaffirmed a buy rating on shares of JPMorgan Chase & Co. in a report on Saturday, July 9th. Finally, Jefferies Group reaffirmed a buy rating on shares of JPMorgan Chase & Co. in a report on Sunday, July 10th. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and twenty-one have issued a buy rating to the company’s stock. The stock has an average rating of Buy and a consensus price target of $71.34.

Shares of JPMorgan Chase & Co. (NYSE:JPM) opened at 65.82 on Tuesday. The stock’s 50 day moving average price is $65.86 and its 200-day moving average price is $62.84. The stock has a market cap of $237.71 billion, a PE ratio of 11.15 and a beta of 1.65. JPMorgan Chase & Co. has a one year low of $52.50 and a one year high of $69.03.

JPMorgan Chase & Co. (NYSE:JPM) last announced its quarterly earnings data on Thursday, July 14th. The financial services provider reported $1.55 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.43 by $0.12. The business earned $24.40 billion during the quarter, compared to analyst estimates of $23.84 billion. JPMorgan Chase & Co. had a return on equity of 10.20% and a net margin of 24.47%. The company’s revenue was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.54 earnings per share. On average, equities analysts predict that JPMorgan Chase & Co. will post $5.65 earnings per share for the current fiscal year.

In related news, EVP Gordon Smith sold 23,735 shares of the firm’s stock in a transaction 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 directly owns 152,462 shares of the company’s stock, valued at approximately $9,765,191.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Ashley Bacon sold 15,521 shares of the firm’s 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 sale, the insider now directly owns 14,938 shares of the company’s stock, valued at $955,583.86. The disclosure for this sale can be found here. Corporate insiders own 0.85% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in the stock. Thomaspartners Inc. boosted its stake in JPMorgan Chase & Co. by 2.8% in the first quarter. Thomaspartners Inc. now owns 2,209,051 shares of the financial services provider’s stock worth $130,820,000 after buying an additional 59,821 shares in the last quarter. Royal Bank of Scotland Group PLC boosted its stake in JPMorgan Chase & Co. by 0.6% in the first quarter. Royal Bank of Scotland Group PLC now owns 533,397 shares of the financial services provider’s stock worth $31,588,000 after buying an additional 3,010 shares in the last quarter. Aviva PLC boosted its stake in JPMorgan Chase & Co. by 1.4% in the first quarter. Aviva PLC now owns 2,598,743 shares of the financial services provider’s stock worth $153,898,000 after buying an additional 35,131 shares in the last quarter. Marathon Asset Management LLP boosted its stake in JPMorgan Chase & Co. by 1.9% in the second quarter. Marathon Asset Management LLP now owns 398,477 shares of the financial services provider’s stock worth $24,763,000 after buying an additional 7,247 shares in the last quarter. Finally, Primecap Management Co. CA boosted its stake in JPMorgan Chase & Co. by 43.5% in the first quarter. Primecap Management Co. CA now owns 20,518,581 shares of the financial services provider’s stock worth $1,215,110,000 after buying an additional 6,218,550 shares in the last quarter. 73.32% of the stock is owned by hedge funds and other institutional investors.

About JPMorgan Chase & Co.

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.

5 Day Chart for NYSE:JPM

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