O Shaughnessy Asset Management LLC increased its position in shares of JPMorgan Chase & Co. (NYSE:JPM) by 4,475.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,125 shares of the financial services provider’s stock after buying an additional 5,013 shares during the period. O Shaughnessy Asset Management LLC’s holdings in JPMorgan Chase & Co. were worth $442,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of JPM. FMR LLC increased its stake in shares of JPMorgan Chase & Co. by 19.4% in the fourth quarter. FMR LLC now owns 96,587,143 shares of the financial services provider’s stock valued at $8,334,505,000 after buying an additional 15,715,835 shares during the last quarter. State Street Corp increased its stake in shares of JPMorgan Chase & Co. by 7.5% in the fourth quarter. State Street Corp now owns 169,177,566 shares of the financial services provider’s stock valued at $14,598,334,000 after buying an additional 11,844,085 shares during the last quarter. Russell Investments Group Ltd. acquired a new stake in shares of JPMorgan Chase & Co. during the fourth quarter valued at approximately $654,210,000. BNP Paribas Arbitrage SA increased its stake in shares of JPMorgan Chase & Co. by 200.9% in the third quarter. BNP Paribas Arbitrage SA now owns 4,145,850 shares of the financial services provider’s stock valued at $276,072,000 after buying an additional 2,768,188 shares during the last quarter. Finally, Standard Life Investments LTD increased its stake in shares of JPMorgan Chase & Co. by 31.8% in the third quarter. Standard Life Investments LTD now owns 8,151,428 shares of the financial services provider’s stock valued at $542,763,000 after buying an additional 1,965,144 shares during the last quarter. 73.65% of the stock is currently owned by institutional investors.

Institutional Ownership by Quarter for JPMorgan Chase & Co. (NYSE:JPM)

JPMorgan Chase & Co. (NYSE:JPM) opened at 90.03 on Tuesday. JPMorgan Chase & Co. has a 12-month low of $57.05 and a 12-month high of $93.98. The company has a market cap of $320.57 billion, a PE ratio of 14.54 and a beta of 1.49. The company’s 50-day moving average price is $89.56 and its 200-day moving average price is $79.20.

JPMorgan Chase & Co. (NYSE:JPM) last announced its quarterly earnings data on Friday, January 13th. The financial services provider reported $1.71 earnings per share for the quarter, beating the consensus estimate of $1.42 by $0.29. JPMorgan Chase & Co. had a net margin of 23.45% and a return on equity of 10.91%. The firm had revenue of $24.30 billion for the quarter, compared to analyst estimates of $23.48 billion. During the same quarter in the prior year, the business earned $1.68 earnings per share. The business’s quarterly revenue was up 2.1% compared to the same quarter last year. Equities analysts anticipate that JPMorgan Chase & Co. will post $6.56 earnings per share for the current year.

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JPM has been the topic of several research analyst reports. FBR & Co reaffirmed an “outperform” rating on shares of JPMorgan Chase & Co. in a research note on Tuesday, January 17th. Buckingham Research reaffirmed a “hold” rating and set a $74.00 price objective on shares of JPMorgan Chase & Co. in a research note on Wednesday, January 11th. BMO Capital Markets reaffirmed a “hold” rating on shares of JPMorgan Chase & Co. in a research note on Wednesday, March 1st. Citigroup Inc reaffirmed a “hold” rating and set a $65.00 price objective on shares of JPMorgan Chase & Co. in a research note on Wednesday, January 11th. Finally, Zacks Investment Research raised JPMorgan Chase & Co. from a “hold” rating to a “buy” rating and set a $96.00 price objective on the stock in a research note on Tuesday, January 10th. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and seventeen have issued a buy rating to the stock. JPMorgan Chase & Co. currently has a consensus rating of “Hold” and an average price target of $79.58.

In other news, insider Ashley Bacon sold 12,986 shares of the company’s stock in a transaction dated Tuesday, January 17th. The shares were sold at an average price of $84.15, for a total transaction of $1,092,771.90. Following the transaction, the insider now owns 67,670 shares in the company, valued at $5,694,430.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Douglas B. Petno sold 6,728 shares of the company’s stock in a transaction dated Tuesday, January 17th. The shares were sold at an average price of $84.16, for a total transaction of $566,228.48. Following the transaction, the chief executive officer now owns 115,938 shares in the company, valued at approximately $9,757,342.08. The disclosure for this sale can be found here. Insiders have sold 202,699 shares of company stock worth $17,009,515 in the last quarter. Company insiders own 0.85% of the company’s stock.

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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