Traders sold shares of JPMorgan Chase & Co. (NYSE:JPM) on strength during trading hours on Tuesday. $212.53 million flowed into the stock on the tick-up and $357.71 million flowed out of the stock on the tick-down, for a money net flow of $145.18 million out of the stock. Of all companies tracked, JPMorgan Chase & Co. had the 2nd highest net out-flow for the day. JPMorgan Chase & Co. traded up $0.55 for the day and closed at $109.05

A number of brokerages recently issued reports on JPM. Societe Generale downgraded JPMorgan Chase & Co. from a “buy” rating to a “hold” rating in a research report on Tuesday. Jefferies Group set a $111.00 target price on JPMorgan Chase & Co. and gave the company a “buy” rating in a research note on Friday, October 13th. BMO Capital Markets increased their target price on JPMorgan Chase & Co. from $86.00 to $91.00 and gave the company a “market perform” rating in a research note on Friday, October 13th. Buckingham Research raised JPMorgan Chase & Co. from a “neutral” rating to a “buy” rating in a research note on Thursday, December 21st. Finally, Robert W. Baird increased their target price on JPMorgan Chase & Co. from $88.00 to $92.00 and gave the company a “neutral” rating in a research note on Friday, October 13th. Three equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and sixteen have assigned a buy rating to the company. JPMorgan Chase & Co. presently has an average rating of “Hold” and a consensus price target of $93.63.

The company has a debt-to-equity ratio of 1.37, a current ratio of 1.03 and a quick ratio of 1.03. The company has a market cap of $378,370.00, a P/E ratio of 15.65, a PEG ratio of 2.04 and a beta of 1.22.

JPMorgan Chase & Co. (NYSE:JPM) last posted its earnings results on Thursday, October 12th. The financial services provider reported $1.76 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.67 by $0.09. The company had revenue of $25.33 billion for the quarter, compared to analysts’ expectations of $24.91 billion. JPMorgan Chase & Co. had a return on equity of 11.68% and a net margin of 24.08%. JPMorgan Chase & Co.’s quarterly revenue was up 2.6% on a year-over-year basis. During the same period last year, the firm earned $1.58 earnings per share. sell-side analysts expect that JPMorgan Chase & Co. will post 6.91 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 31st. Investors of record on Friday, January 5th will be paid a $0.56 dividend. The ex-dividend date of this dividend is Thursday, January 4th. This represents a $2.24 annualized dividend and a dividend yield of 2.05%. JPMorgan Chase & Co.’s payout ratio is presently 32.14%.

In other JPMorgan Chase & Co. news, General Counsel Stacey Friedman sold 2,099 shares of the firm’s stock in a transaction dated Thursday, October 26th. The shares were sold at an average price of $101.96, for a total value of $214,014.04. Following the completion of the sale, the general counsel now directly owns 15,279 shares in the company, valued at $1,557,846.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.88% of the company’s stock.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Shelton Capital Management lifted its holdings in shares of JPMorgan Chase & Co. by 28.2% during the first quarter. Shelton Capital Management now owns 179,584 shares of the financial services provider’s stock valued at $15,775,000 after purchasing an additional 39,520 shares during the last quarter. Saturna Capital CORP lifted its holdings in shares of JPMorgan Chase & Co. by 8.9% during the first quarter. Saturna Capital CORP now owns 17,923 shares of the financial services provider’s stock valued at $1,574,000 after purchasing an additional 1,470 shares during the last quarter. Kovitz Investment Group Partners LLC lifted its holdings in shares of JPMorgan Chase & Co. by 0.3% during the first quarter. Kovitz Investment Group Partners LLC now owns 938,608 shares of the financial services provider’s stock valued at $82,447,000 after purchasing an additional 2,444 shares during the last quarter. Horizon Investment Services LLC lifted its holdings in shares of JPMorgan Chase & Co. by 927.4% during the first quarter. Horizon Investment Services LLC now owns 46,027 shares of the financial services provider’s stock valued at $4,043,000 after purchasing an additional 41,547 shares during the last quarter. Finally, Almanack Investment Partners LLC. lifted its holdings in shares of JPMorgan Chase & Co. by 23.9% during the first quarter. Almanack Investment Partners LLC. now owns 3,813 shares of the financial services provider’s stock valued at $335,000 after purchasing an additional 736 shares during the last quarter. Institutional investors and hedge funds own 73.76% of the company’s stock.

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

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