J P Morgan Chase & Co (NYSE:JPM) General Counsel Stacey Friedman sold 9,968 shares of J P Morgan Chase & Co stock in a transaction that occurred on Monday, August 21st. The shares were sold at an average price of $90.55, for a total value of $902,602.40. Following the completion of the transaction, the general counsel now owns 10,527 shares of the company’s stock, valued at $953,219.85. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

J P Morgan Chase & Co (NYSE JPM) traded down 0.12% during trading on Monday, reaching $90.63. 11,501,927 shares of the company’s stock traded hands. The company has a market cap of $318.88 billion, a P/E ratio of 13.37 and a beta of 1.19. The firm’s 50 day moving average is $92.32 and its 200 day moving average is $88.70. J P Morgan Chase & Co has a 12 month low of $65.11 and a 12 month high of $95.22.

J P Morgan Chase & Co (NYSE:JPM) last posted its earnings results on Friday, July 14th. The financial services provider reported $1.82 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.59 by $0.23. The company had revenue of $25.50 billion for the quarter, compared to analyst estimates of $24.38 billion. J P Morgan Chase & Co had a net margin of 24.13% and a return on equity of 11.53%. The business’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same period last year, the business posted $1.55 earnings per share. Analysts anticipate that J P Morgan Chase & Co will post $6.81 EPS for the current year.

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Several large investors have recently modified their holdings of the company. Private Vista LLC bought a new stake in shares of J P Morgan Chase & Co during the second quarter worth approximately $102,000. Pacific Center for Financial Services bought a new stake in shares of J P Morgan Chase & Co during the fourth quarter worth approximately $106,000. Thomas J. Herzfeld Advisors Inc. bought a new stake in shares of J P Morgan Chase & Co during the fourth quarter worth approximately $125,000. Tortoise Investment Management LLC raised its stake in shares of J P Morgan Chase & Co by 434.9% in the fourth quarter. Tortoise Investment Management LLC now owns 1,578 shares of the financial services provider’s stock worth $136,000 after buying an additional 1,283 shares during the last quarter. Finally, Atlantic Trust LLC bought a new stake in shares of J P Morgan Chase & Co during the second quarter worth approximately $136,000. Institutional investors and hedge funds own 74.84% of the company’s stock.

A number of equities analysts have commented on the company. BidaskClub upgraded J P Morgan Chase & Co from a “sell” rating to a “hold” rating in a research note on Saturday, June 10th. Vetr downgraded J P Morgan Chase & Co from a “strong-buy” rating to a “buy” rating and set a $97.41 target price for the company. in a research note on Monday, June 12th. Vining Sparks upgraded J P Morgan Chase & Co to an “outperform” rating and set a $95.00 target price for the company in a research note on Thursday, April 27th. Zacks Investment Research downgraded J P Morgan Chase & Co from a “buy” rating to a “hold” rating in a research note on Thursday, July 27th. Finally, BMO Capital Markets restated a “hold” rating and issued a $85.00 target price on shares of J P Morgan Chase & Co in a research note on Thursday, June 1st. Three research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and twenty have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $85.66.

About J P Morgan 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 offers services to consumers and businesses through bank branches, automatic teller machines (ATMs), online, mobile and telephone banking.

Insider Buying and Selling by Quarter for J P Morgan Chase & Co (NYSE:JPM)

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