Traders sold shares of JPMorgan Chase & Co. (NYSE:JPM) on strength during trading hours on Tuesday. $124.08 million flowed into the stock on the tick-up and $237.02 million flowed out of the stock on the tick-down, for a money net flow of $112.94 million out of the stock. Of all companies tracked, JPMorgan Chase & Co. had the 13th highest net out-flow for the day. JPMorgan Chase & Co. traded up $0.46 for the day and closed at $114.30

Several research analysts recently commented on the company. Zacks Investment Research raised JPMorgan Chase & Co. from a “hold” rating to a “buy” rating and set a $127.00 target price for the company in a research note on Friday. Bank of America boosted their target price on JPMorgan Chase & Co. from $126.00 to $132.00 and gave the stock a “buy” rating in a research note on Monday. DZ Bank raised JPMorgan Chase & Co. from a “hold” rating to a “buy” rating in a research note on Thursday, July 19th. UBS Group raised JPMorgan Chase & Co. from a “hold” rating to a “buy” rating in a research note on Thursday, July 19th. Finally, Keefe, Bruyette & Woods reissued a “$111.53” rating and set a $127.00 target price on shares of JPMorgan Chase & Co. in a research note on Wednesday, July 18th. Eleven equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. JPMorgan Chase & Co. presently has a consensus rating of “Buy” and an average price target of $120.75.

The stock has a market capitalization of $389.53 billion, a PE ratio of 16.59, a PEG ratio of 1.86 and a beta of 1.16. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.18.

JPMorgan Chase & Co. (NYSE:JPM) last released its quarterly earnings data on Friday, July 13th. The financial services provider reported $2.29 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $2.22 by $0.07. The business had revenue of $27.75 billion during the quarter, compared to analysts’ expectations of $27.62 billion. JPMorgan Chase & Co. had a return on equity of 13.18% and a net margin of 22.80%. research analysts predict that JPMorgan Chase & Co. will post 9.15 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 31st. Stockholders of record on Friday, October 5th will be issued a $0.80 dividend. This is an increase from JPMorgan Chase & Co.’s previous quarterly dividend of $0.56. This represents a $3.20 annualized dividend and a dividend yield of 2.80%. JPMorgan Chase & Co.’s payout ratio is presently 32.61%.

In other news, CEO Gordon Smith sold 30,725 shares of the business’s stock in a transaction dated Monday, July 23rd. The stock was sold at an average price of $114.01, for a total value of $3,502,957.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.73% of the stock is currently owned by insiders.

Several institutional investors have recently bought and sold shares of JPM. Steigerwald Gordon & Koch Inc. raised its stake in JPMorgan Chase & Co. by 0.8% during the 2nd quarter. Steigerwald Gordon & Koch Inc. now owns 107,131 shares of the financial services provider’s stock valued at $11,155,000 after acquiring an additional 829 shares during the last quarter. SP Asset Management purchased a new stake in JPMorgan Chase & Co. during the 2nd quarter valued at approximately $209,000. HRT Financial LLC raised its stake in JPMorgan Chase & Co. by 157.3% during the 2nd quarter. HRT Financial LLC now owns 9,357 shares of the financial services provider’s stock valued at $974,000 after acquiring an additional 5,720 shares during the last quarter. LFA Lugano Financial Advisors SA purchased a new stake in JPMorgan Chase & Co. during the 2nd quarter valued at approximately $961,000. Finally, Chicago Partners Investment Group LLC raised its stake in JPMorgan Chase & Co. by 37.6% during the 2nd quarter. Chicago Partners Investment Group LLC now owns 21,597 shares of the financial services provider’s stock valued at $2,250,000 after acquiring an additional 5,905 shares during the last quarter. 70.51% of the stock is owned by institutional investors and hedge funds.

JPMorgan Chase & Co. Company Profile (NYSE:JPM)

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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