Osborn Williams & Donohoe LLC increased its stake in JPMorgan Chase & Co. (NYSE:JPM) by 0.7% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 78,191 shares of the financial services provider’s stock after purchasing an additional 565 shares during the period. JPMorgan Chase & Co. accounts for about 1.4% of Osborn Williams & Donohoe LLC’s portfolio, making the stock its 20th largest position. Osborn Williams & Donohoe LLC’s holdings in JPMorgan Chase & Co. were worth $8,147,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Keeler Thomas Management LLC acquired a new stake in JPMorgan Chase & Co. during the 4th quarter valued at approximately $112,000. Financial Gravity Wealth Inc. acquired a new stake in JPMorgan Chase & Co. during the 1st quarter valued at approximately $150,000. FSI Group LLC acquired a new stake in JPMorgan Chase & Co. during the 4th quarter valued at approximately $159,000. Stelac Advisory Services LLC acquired a new stake in JPMorgan Chase & Co. during the 1st quarter valued at approximately $162,000. Finally, Private Ocean LLC lifted its stake in JPMorgan Chase & Co. by 94.7% during the 1st quarter. Private Ocean LLC now owns 1,694 shares of the financial services provider’s stock valued at $186,000 after acquiring an additional 824 shares during the period. Institutional investors own 70.72% of the company’s stock.

NYSE:JPM opened at $113.50 on Friday. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.18. The company has a market cap of $388.09 billion, a PE ratio of 13.82, a PEG ratio of 1.85 and a beta of 1.16. JPMorgan Chase & Co. has a 1-year low of $90.76 and a 1-year high of $119.33.

JPMorgan Chase & Co. (NYSE:JPM) last posted its earnings results on Friday, July 13th. The financial services provider reported $2.29 earnings per share for the quarter, beating the consensus estimate of $2.22 by $0.07. The firm had revenue of $27.75 billion during 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 earnings per share for the current fiscal year.

Several brokerages have commented on JPM. Zacks Investment Research upgraded shares of JPMorgan Chase & Co. from a “hold” rating to a “buy” rating and set a $127.00 price objective for the company in a research note on Friday. Royal Bank of Canada restated a “buy” rating and set a $120.00 price objective on shares of JPMorgan Chase & Co. in a research note on Monday, July 16th. Goldman Sachs Group set a $128.00 price objective on shares of JPMorgan Chase & Co. and gave the company a “neutral” rating in a research note on Monday, July 23rd. Societe Generale restated a “neutral” rating and set a $119.50 price objective on shares of JPMorgan Chase & Co. in a research note on Monday, July 16th. Finally, Credit Suisse Group set a $130.00 price objective on shares of JPMorgan Chase & Co. and gave the company a “buy” rating in a research note on Thursday, July 12th. Ten research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $120.13.

In other news, CEO Gordon Smith sold 30,725 shares of JPMorgan Chase & Co. stock in a transaction that occurred on Monday, July 23rd. The shares were sold at an average price of $114.01, for a total transaction of $3,502,957.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.73% of the stock is owned by insiders.

JPMorgan Chase & Co. Profile

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

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