JPMorgan Chase & Co. (JPM) : Renaissance Investment Group has sold out all of its stake in JPMorgan Chase & Co. during the most recent quarter, according to a report filed by the company on Apr 1, 2016 with the SEC. The investment management company has sold out 3,029 shares of JPMorgan Chase & Co. which is valued at $181,346.
Other Hedge Funds, Including ,
On the company’s financial health, JPMorgan Chase & Co. reported $1.32 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Jan 14, 2016. Analyst had a consensus of $1.30. The company had revenue of $22885.00 million for the quarter, compared to analysts expectations of $22336.41 million. The company’s revenue was up .6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.19 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. was Upgraded by Atlantic Equities to ” Overweight” on Jan 15, 2016.
JPMorgan Chase & Co. opened for trading at $57.91 and hit $58.88 on the upside on Monday, eventually ending the session at $58.2, with a gain of 0.80% or 0.46 points. The heightened volatility saw the trading volume jump to 1,76,27,802 shares. Company has a market cap of $213,609 M.
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.