Oppenheimer Holdings Inc. reiterated 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 analysts also recently commented on JPM. Barclays PLC reaffirmed a buy rating on shares of JPMorgan Chase & Co. in a research report on Saturday, July 9th. Wells Fargo & Co. reaffirmed a buy rating on shares of JPMorgan Chase & Co. in a research report on Saturday, July 9th. BMO Capital Markets reaffirmed a buy rating and issued a $74.00 target price (down previously from $77.00) on shares of JPMorgan Chase & Co. in a research report on Sunday, July 17th. Jefferies Group reaffirmed a buy rating on shares of JPMorgan Chase & Co. in a research report on Sunday, July 17th. Finally, Drexel Hamilton reaffirmed a buy rating on shares of JPMorgan Chase & Co. in a research report on Sunday, July 17th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and twenty-one have issued a buy rating to the company. JPMorgan Chase & Co. has a consensus rating of Buy and a consensus target price of $71.34.

Shares of JPMorgan Chase & Co. (NYSE:JPM) opened at 65.82 on Tuesday. The firm has a market capitalization of $237.71 billion, a PE ratio of 11.15 and a beta of 1.65. JPMorgan Chase & Co. has a 1-year low of $52.50 and a 1-year high of $69.03. The stock has a 50 day moving average price of $65.86 and a 200 day moving average price of $62.84.

JPMorgan Chase & Co. (NYSE:JPM) last posted its earnings results on Thursday, July 14th. The financial services provider reported $1.55 EPS for the quarter, beating the consensus estimate of $1.43 by $0.12. JPMorgan Chase & Co. had a return on equity of 10.20% and a net margin of 24.47%. The company had revenue of $24.40 billion for the quarter, compared to the consensus estimate of $23.84 billion. During the same quarter in the prior year, the business earned $1.54 earnings per share. The firm’s revenue for the quarter was up 2.5% on a year-over-year basis. Equities research analysts anticipate 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 dated Friday, July 15th. The shares were sold at an average price of $64.05, for a total value of $1,520,226.75. Following the transaction, the executive vice president now owns 152,462 shares of the company’s stock, valued at approximately $9,765,191.10. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Ashley Bacon sold 15,521 shares of the firm’s stock in a transaction dated Friday, July 15th. The shares were sold at an average price of $63.97, for a total transaction of $992,878.37. Following the completion of the transaction, the insider now directly owns 14,938 shares in the company, valued at approximately $955,583.86. The disclosure for this sale can be found here. 0.85% of the stock is owned by insiders.

A number of institutional investors have recently made changes to their positions in JPM. Family Firm Inc. boosted its position in shares of JPMorgan Chase & Co. by 0.3% in the second quarter. Family Firm Inc. now owns 3,489 shares of the financial services provider’s stock valued at $217,000 after buying an additional 11 shares during the last quarter. Nadler Financial Group Inc. boosted its position in shares of JPMorgan Chase & Co. by 0.3% in the second quarter. Nadler Financial Group Inc. now owns 5,142 shares of the financial services provider’s stock valued at $320,000 after buying an additional 14 shares during the last quarter. Jackson Grant Investment Advisers Inc. boosted its position in shares of JPMorgan Chase & Co. by 0.7% in the second quarter. Jackson Grant Investment Advisers Inc. now owns 2,014 shares of the financial services provider’s stock valued at $125,000 after buying an additional 14 shares during the last quarter. Brookstone Capital Management boosted its position in shares of JPMorgan Chase & Co. by 0.3% in the first quarter. Brookstone Capital Management now owns 5,613 shares of the financial services provider’s stock valued at $332,000 after buying an additional 15 shares during the last quarter. Finally, Evanson Asset Management LLC boosted its position in shares of JPMorgan Chase & Co. by 0.4% in the second quarter. Evanson Asset Management LLC now owns 4,969 shares of the financial services provider’s stock valued at $309,000 after buying an additional 18 shares during the last quarter. 73.32% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Chase & Co. Company Profile

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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