JPMorgan Chase & Co. (JPM) : Curian Capital reduced its stake in JPMorgan Chase & Co. by 63.18% during the most recent quarter end. The investment management company now holds a total of 149,577 shares of JPMorgan Chase & Co. which is valued at $9,453,266 after selling 256,642 shares in JPMorgan Chase & Co. , the firm said in a disclosure report filed with the SEC on Apr 25, 2016.JPMorgan Chase & Co. makes up approximately 0.69% of Curian Capital’s portfolio.
JPMorgan Chase & Co. opened for trading at $63.69 and hit $64 on the upside on Monday, eventually ending the session at $63.79, with a gain of 0.93% or 0.59 points. The heightened volatility saw the trading volume jump to 1,02,47,330 shares. Company has a market cap of $233,258 M.
Other Hedge Funds, Including , Burt Wealth Advisors reduced its stake in JPM by selling 161 shares or 3.7% in the most recent quarter. The Hedge Fund company now holds 4,185 shares of JPM which is valued at $264,492. JPMorgan Chase & Co. makes up approx 0.24% of Burt Wealth Advisors’s portfolio.Bridges Investment Management Inc reduced its stake in JPM by selling 8,194 shares or 10.27% in the most recent quarter. The Hedge Fund company now holds 71,596 shares of JPM which is valued at $4,579,996. JPMorgan Chase & Co. makes up approx 0.80% of Bridges Investment Management Inc’s portfolio.Btim Corp. boosted its stake in JPM in the latest quarter, The investment management firm added 21,375 additional shares and now holds a total of 952,415 shares of JPMorgan Chase & Co. which is valued at $60,925,988. JPMorgan Chase & Co. makes up approx 1.05% of Btim Corp.’s portfolio.Dividend Asset Capital boosted its stake in JPM in the latest quarter, The investment management firm added 5,059 additional shares and now holds a total of 25,263 shares of JPMorgan Chase & Co. which is valued at $1,616,074. JPMorgan Chase & Co. makes up approx 0.04% of Dividend Asset Capital’s portfolio.1st Global Advisors boosted its stake in JPM in the latest quarter, The investment management firm added 3,442 additional shares and now holds a total of 38,038 shares of JPMorgan Chase & Co. which is valued at $2,353,411. JPMorgan Chase & Co. makes up approx 0.33% of 1st Global Advisors’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. 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.