JPMorgan Chase & Co. (JPM) : Moller Financial Services has sold out all of its stake in JPMorgan Chase & Co. during the most recent quarter, according to the disclosure filed by the company on May 10, 2016 with the SEC. The investment management company has sold out 5,892 shares of JPMorgan Chase & Co. which is valued at $360,590.
Other Hedge Funds, Including , Wfg Advisors Lp boosted its stake in JPM in the latest quarter, The investment management firm added 1,637 additional shares and now holds a total of 16,206 shares of JPMorgan Chase & Co. which is valued at $991,807. JPMorgan Chase & Co. makes up approx 0.29% of Wfg Advisors Lp’s portfolio. Willingdon Wealth Management added JPM to its portfolio by purchasing 54,006 company shares during the most recent quarter which is valued at $3,305,167. JPMorgan Chase & Co. makes up approx 2.02% of Willingdon Wealth Management’s portfolio.Advantus Capital Management Inc boosted its stake in JPM in the latest quarter, The investment management firm added 1,856 additional shares and now holds a total of 353,852 shares of JPMorgan Chase & Co. which is valued at $21,655,742. JPMorgan Chase & Co. makes up approx 0.65% of Advantus Capital Management Inc’s portfolio.Centre Asset Management reduced its stake in JPM by selling 3,170 shares or 3.16% in the most recent quarter. The Hedge Fund company now holds 97,260 shares of JPM which is valued at $5,991,216. JPMorgan Chase & Co. makes up approx 1.05% of Centre Asset Management’s portfolio.Sarasin Partners Llp reduced its stake in JPM by selling 588,710 shares or 10.96% in the most recent quarter. The Hedge Fund company now holds 4,783,737 shares of JPM which is valued at $302,332,178. JPMorgan Chase & Co. makes up approx 4.89% of Sarasin Partners Llp’s portfolio.
JPMorgan Chase & Co. opened for trading at $61.21 and hit $61.985 on the upside on Monday, eventually ending the session at $61.66, with a gain of 0.75% or 0.46 points. The heightened volatility saw the trading volume jump to 1,09,51,344 shares. Company has a market cap of $225,470 M.
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.