Town & Country Bank & Trust CO dba First Bankers Trust CO boosted its position in J P Morgan Chase & Co (NYSE:JPM) by 4.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 26,541 shares of the financial services provider’s stock after buying an additional 1,125 shares during the quarter. J P Morgan Chase & Co makes up about 1.3% of Town & Country Bank & Trust CO dba First Bankers Trust CO’s holdings, making the stock its 29th biggest position. Town & Country Bank & Trust CO dba First Bankers Trust CO’s holdings in J P Morgan Chase & Co were worth $2,426,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. First Command Financial Services Inc. grew its position in J P Morgan Chase & Co by 13.3% in the 1st quarter. First Command Financial Services Inc. now owns 5,078 shares of the financial services provider’s stock worth $446,000 after purchasing an additional 595 shares during the last quarter. Fox Run Management L.L.C. bought a new position in J P Morgan Chase & Co during the 1st quarter valued at about $712,000. Tompkins Financial Corp lifted its holdings in J P Morgan Chase & Co by 16.9% during the 1st quarter. Tompkins Financial Corp now owns 61,438 shares of the financial services provider’s stock valued at $3,639,000 after purchasing an additional 8,876 shares during the last quarter. Cribstone Capital Management LLC lifted its holdings in J P Morgan Chase & Co by 5.4% during the 1st quarter. Cribstone Capital Management LLC now owns 4,300 shares of the financial services provider’s stock valued at $371,000 after purchasing an additional 222 shares during the last quarter. Finally, Mountain Pacific Investment Advisers Inc. ID lifted its holdings in J P Morgan Chase & Co by 1.1% during the 1st quarter. Mountain Pacific Investment Advisers Inc. ID now owns 29,847 shares of the financial services provider’s stock valued at $2,622,000 after purchasing an additional 327 shares during the last quarter. Institutional investors and hedge funds own 77.89% of the company’s stock.

Several equities analysts recently issued reports on the stock. Credit Suisse Group reissued an “outperform” rating and set a $110.00 price target (up from $103.00) on shares of J P Morgan Chase & Co in a report on Monday. They noted that the move was a valuation call. Citigroup Inc. lifted their price target on shares of J P Morgan Chase & Co from $90.00 to $96.00 and gave the company a “neutral” rating in a report on Friday. Deutsche Bank AG downgraded shares of J P Morgan Chase & Co from a “buy” rating to a “hold” rating and lifted their price target for the company from $90.00 to $96.00 in a report on Tuesday, September 26th. Robert W. Baird reissued a “hold” rating and set a $88.00 price target on shares of J P Morgan Chase & Co in a report on Thursday, September 21st. Finally, Jefferies Group LLC reaffirmed a “buy” rating and issued a $102.00 target price on shares of J P Morgan Chase & Co in a research note on Friday, September 15th. Three investment analysts have rated the stock with a sell rating, fifteen have given a hold rating and seventeen have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $88.87.

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J P Morgan Chase & Co (JPM) traded down 0.69% during mid-day trading on Monday, reaching $96.25. 4,257,711 shares of the company traded hands. J P Morgan Chase & Co has a 12-month low of $66.74 and a 12-month high of $97.64. The stock has a market capitalization of $338.65 billion, a price-to-earnings ratio of 14.20 and a beta of 1.18. The company’s 50-day moving average is $92.72 and its 200-day moving average is $89.44.

J P Morgan Chase & Co (NYSE:JPM) last posted its quarterly earnings data on Friday, July 14th. The financial services provider reported $1.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.59 by $0.23. The business had revenue of $25.50 billion during the quarter, compared to the consensus estimate 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 firm’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.55 earnings per share. Equities analysts predict that J P Morgan Chase & Co will post $6.80 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 31st. Shareholders of record on Friday, October 6th will be issued a $0.56 dividend. This is an increase from J P Morgan Chase & Co’s previous quarterly dividend of $0.50. The ex-dividend date of this dividend is Thursday, October 5th. This represents a $2.24 dividend on an annualized basis and a yield of 2.31%. J P Morgan Chase & Co’s dividend payout ratio is 33.14%.

In other J P Morgan Chase & Co news, General Counsel Stacey Friedman sold 9,968 shares of the stock in a transaction on Monday, August 21st. The stock was 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 in the company, valued at $953,219.85. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Nicole Giles sold 1,000 shares of the stock in a transaction on Tuesday, July 18th. The stock was sold at an average price of $91.29, for a total value of $91,290.00. Following the completion of the transaction, the insider now owns 3,783 shares of the company’s stock, valued at approximately $345,350.07. The disclosure for this sale can be found here. In the last quarter, insiders sold 28,564 shares of company stock valued at $2,605,334. 0.88% of the stock is owned by corporate insiders.

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.

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

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