Oregon Public Employees Retirement Fund buys $44,974,355 stake in JPMorgan Chase & Co. (JPM)

JPMorgan Chase & Co. (JPM) : Oregon Public Employees Retirement Fund scooped up 5,544 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 726,917 shares of JPMorgan Chase & Co. which is valued at $44,974,355.JPMorgan Chase & Co. makes up approximately 1.02% of Oregon Public Employees Retirement Fund’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 , Quotient Investors boosted its stake in JPM in the latest quarter, The investment management firm added 26,609 additional shares and now holds a total of 59,374 shares of JPMorgan Chase & Co. which is valued at $3,673,469. JPMorgan Chase & Co. makes up approx 1.33% of Quotient Investors’s portfolio.Swarthmore Group Inc reduced its stake in JPM by selling 109,375 shares or 22.59% in the most recent quarter. The Hedge Fund company now holds 374,850 shares of JPM which is valued at $23,191,970. JPMorgan Chase & Co. makes up approx 3.50% of Swarthmore Group Inc’s portfolio.Benjamin F. Edwards Company boosted its stake in JPM in the latest quarter, The investment management firm added 2,979 additional shares and now holds a total of 7,126 shares of JPMorgan Chase & Co. which is valued at $440,886. JPMorgan Chase & Co. makes up approx 0.09% of Benjamin F. Edwards Company’s portfolio.Prospera Financial Services Inc boosted its stake in JPM in the latest quarter, The investment management firm added 958 additional shares and now holds a total of 11,759 shares of JPMorgan Chase & Co. which is valued at $727,529. JPMorgan Chase & Co. makes up approx 0.16% of Prospera Financial Services Inc’s portfolio.Foundry Partners boosted its stake in JPM in the latest quarter, The investment management firm added 26,485 additional shares and now holds a total of 415,965 shares of JPMorgan Chase & Co. which is valued at $24,209,163. JPMorgan Chase & Co. makes up approx 2.43% of Foundry Partners’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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