Robshaw Julian Associates Inc buys $5,149,452 stake in JPMorgan Chase & Co. (JPM)

JPMorgan Chase & Co. (JPM) : Robshaw Julian Associates Inc scooped up 300 additional shares in JPMorgan Chase & Co. during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 2, 2016. The investment management firm now holds a total of 83,595 shares of JPMorgan Chase & Co. which is valued at $5,149,452.JPMorgan Chase & Co. makes up approximately 3.84% of Robshaw Julian Associates Inc’s portfolio.

JPMorgan Chase & Co. opened for trading at $60.7 and hit $61.68 on the upside on Friday, eventually ending the session at $61.6, with a gain of 0.59% or 0.36 points. The heightened volatility saw the trading volume jump to 1,10,57,877 shares. Company has a market cap of $225,250 M.

Other Hedge Funds, Including , Oxbow Advisors reduced its stake in JPM by selling 4,087 shares or 4.96% in the most recent quarter. The Hedge Fund company now holds 78,388 shares of JPM which is valued at $4,828,701. JPMorgan Chase & Co. makes up approx 0.67% of Oxbow Advisors’s portfolio.Lee Danner Bass Inc reduced its stake in JPM by selling 521 shares or 3.46% in the most recent quarter. The Hedge Fund company now holds 14,535 shares of JPM which is valued at $918,612. JPMorgan Chase & Co. makes up approx 0.11% of Lee Danner Bass Inc’s portfolio.Baring Asset Management Ltd reduced its stake in JPM by selling 63,969 shares or 34.99% in the most recent quarter. The Hedge Fund company now holds 118,871 shares of JPM which is valued at $7,512,647. JPMorgan Chase & Co. makes up approx 0.62% of Baring Asset Management Ltd’s portfolio.Grimes Company reduced its stake in JPM by selling 3,398 shares or 25.73% in the most recent quarter. The Hedge Fund company now holds 9,810 shares of JPM which is valued at $619,992. JPMorgan Chase & Co. makes up approx 0.08% of Grimes Company’s portfolio.Advocacy Wealth Management Services reduced its stake in JPM by selling 42 shares or 4.96% in the most recent quarter. The Hedge Fund company now holds 804 shares of JPM which is valued at $51,432. JPMorgan Chase & Co. makes up approx 0.03% of Advocacy Wealth Management Services’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.

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