Roof Eidam & Maycock ADV continued to hold its position in shares of J P Morgan Chase & Co (NYSE:JPM) during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,347 shares of the financial services provider’s stock at the close of the 2nd quarter. Roof Eidam & Maycock ADV’s holdings in J P Morgan Chase & Co were worth $489,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in JPM. CHURCHILL MANAGEMENT Corp acquired a new stake in J P Morgan Chase & Co during the first quarter worth about $1,367,000. Osborn Williams & Donohoe LLC increased its position in J P Morgan Chase & Co by 1.3% during the first quarter. Osborn Williams & Donohoe LLC now owns 81,853 shares of the financial services provider’s stock worth $7,190,000 after purchasing an additional 1,085 shares during the last quarter. Cornerstone Investment Partners LLC increased its position in J P Morgan Chase & Co by 19.5% during the first quarter. Cornerstone Investment Partners LLC now owns 888,609 shares of the financial services provider’s stock worth $78,055,000 after purchasing an additional 145,075 shares during the last quarter. S&CO Inc. increased its position in J P Morgan Chase & Co by 11.1% during the first quarter. S&CO Inc. now owns 25,021 shares of the financial services provider’s stock worth $2,198,000 after purchasing an additional 2,503 shares during the last quarter. Finally, Vista Capital Partners Inc. increased its position in J P Morgan Chase & Co by 3.7% during the first quarter. Vista Capital Partners Inc. now owns 2,550 shares of the financial services provider’s stock worth $224,000 after purchasing an additional 90 shares during the last quarter. Hedge funds and other institutional investors own 78.02% of the company’s stock.

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In other news, CFO Marianne Lake sold 17,596 shares of the stock in a transaction that occurred on Monday, July 17th. The stock was sold at an average price of $91.58, for a total transaction of $1,611,441.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Nicole Giles sold 1,000 shares of the stock in a transaction that occurred on Tuesday, July 18th. The shares were sold at an average price of $91.29, for a total value of $91,290.00. Following the transaction, the insider now owns 3,783 shares of the company’s stock, valued at $345,350.07. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 28,564 shares of company stock valued at $2,605,334. Company insiders own 0.88% of the company’s stock.

J P Morgan Chase & Co (NYSE:JPM) traded up 0.71% during mid-day trading on Friday, reaching $91.62. 18,171,794 shares of the company’s stock were exchanged. The company’s 50 day moving average price is $91.54 and its 200-day moving average price is $89.03. J P Morgan Chase & Co has a 52 week low of $65.11 and a 52 week high of $95.22. The company has a market capitalization of $322.36 billion, a P/E ratio of 13.52 and a beta of 1.19.

J P Morgan Chase & Co (NYSE:JPM) last released its earnings results on Friday, July 14th. The financial services provider reported $1.82 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.59 by $0.23. The company had revenue of $25.50 billion during the quarter, compared to analysts’ expectations of $24.38 billion. J P Morgan Chase & Co had a return on equity of 11.53% and a net margin of 24.13%. The business’s revenue was up 4.6% on a year-over-year basis. During the same period in the prior year, the business posted $1.55 EPS. On average, equities research analysts expect that J P Morgan Chase & Co will post $6.81 earnings per share for the current fiscal year.

Several equities research analysts recently issued reports on JPM shares. BidaskClub upgraded shares of J P Morgan Chase & Co from a “hold” rating to a “buy” rating in a research report on Wednesday, July 5th. Deutsche Bank AG reiterated a “buy” rating on shares of J P Morgan Chase & Co in a research report on Monday, July 3rd. Vetr cut shares of J P Morgan Chase & Co from a “strong-buy” rating to a “buy” rating and set a $97.41 price target for the company. in a research report on Monday, June 12th. Bank of America Corporation reiterated a “buy” rating and set a $99.00 price target on shares of J P Morgan Chase & Co in a research report on Monday, July 17th. Finally, Zacks Investment Research upgraded shares of J P Morgan Chase & Co from a “hold” rating to a “buy” rating and set a $103.00 price target for the company in a research report on Tuesday, July 18th. Three investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and eighteen have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $85.84.

J P Morgan 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.

Institutional Ownership by Quarter for J P Morgan Chase & Co (NYSE:JPM)

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