Bremer Trust National Association buys $5,650,463 stake in JPMorgan Chase & Co. (JPM)

JPMorgan Chase & Co. (JPM) : Bremer Trust National Association scooped up 1,985 additional shares in JPMorgan Chase & Co. during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 14, 2016. The investment management firm now holds a total of 91,328 shares of JPMorgan Chase & Co. which is valued at $5,650,463.JPMorgan Chase & Co. makes up approximately 1.61% of Bremer Trust National Association’s portfolio.

JPMorgan Chase & Co. opened for trading at $61.64 and hit $62.58 on the upside on Monday, eventually ending the session at $62.27, with a gain of 0.65% or 0.4 points. The heightened volatility saw the trading volume jump to 1,38,13,072 shares. Company has a market cap of $228,547 M.

Other Hedge Funds, Including , Eastern Bank boosted its stake in JPM in the latest quarter, The investment management firm added 47,256 additional shares and now holds a total of 341,975 shares of JPMorgan Chase & Co. which is valued at $21,157,993. JPMorgan Chase & Co. makes up approx 1.71% of Eastern Bank’s portfolio.Atalanta Sosnoff Capital boosted its stake in JPM in the latest quarter, The investment management firm added 66,447 additional shares and now holds a total of 1,493,916 shares of JPMorgan Chase & Co. which is valued at $92,428,583. JPMorgan Chase & Co. makes up approx 2.88% of Atalanta Sosnoff Capital’s portfolio.Charter Trust Co reduced its stake in JPM by selling 1,784 shares or 2.52% in the most recent quarter. The Hedge Fund company now holds 69,060 shares of JPM which is valued at $4,019,292. JPMorgan Chase & Co. makes up approx 0.49% of Charter Trust Co’s portfolio.Creative Planning reduced its stake in JPM by selling 2,355 shares or 0.68% in the most recent quarter. The Hedge Fund company now holds 341,944 shares of JPM which is valued at $19,901,141. JPMorgan Chase & Co. makes up approx 0.16% of Creative Planning’s portfolio.Livingston Group Asset Management Co (operating As Southp… boosted its stake in JPM in the latest quarter, The investment management firm added 567 additional shares and now holds a total of 16,074 shares of JPMorgan Chase & Co. which is valued at $935,507. JPMorgan Chase & Co. makes up approx 0.61% of Livingston Group Asset Management Co (operating As Southp…’s portfolio.

On the company’s financial health, JPMorgan Chase & Co. reported $1.35 EPS for the quarter, beating the analyst consensus estimate by $ 0.09 according to the earnings call on Apr 13, 2016. Analyst had a consensus of $1.26. The company had revenue of $23200.00 million for the quarter, compared to analysts expectations of $22874.02 million. The company’s revenue was down -3.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.45 EPS.

Many Wall Street Analysts have commented on JPMorgan Chase & Co.. JPMorgan Chase & Co. was Downgraded by Portales Partners to ” Underperform” on Feb 22, 2016. JPMorgan Chase & Co. was Downgraded by Nomura to ” Neutral” on Jan 25, 2016.

JPMorgan Chase & Co. is a financial holding company. The Company is engaged in investment banking financial services for consumers and small businesses commercial banking financial transaction processing and asset management. JPMorgan Chase’s activities are organized into four business segments. The Company’s Consumer & Community Banking segment serves consumers and businesses through personal service at bank branches and through ATMs online mobile and telephone banking. The Corporate & Investment Bank comprising Banking and Markets & Investor Services offers investment banking market-making prime brokerage and treasury and securities products and services. The Commercial Banking (CB) segment delivers industry knowledge local expertise and service to the United States and the United States multinational clients. The Asset Management segment comprises investment and wealth management. The Company also operates a Corporate segment.

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