JPMorgan Chase & Co. (JPM) : Buckingham Capital Management scooped up 6,686 additional shares in JPMorgan Chase & Co. during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 12, 2016. The investment management firm now holds a total of 93,745 shares of JPMorgan Chase & Co. which is valued at $6,123,423.JPMorgan Chase & Co. makes up approximately 1.58% of Buckingham Capital Management’s portfolio.
Other Hedge Funds, Including , Pt Asset Management boosted its stake in JPM in the latest quarter, The investment management firm added 28,800 additional shares and now holds a total of 31,400 shares of JPMorgan Chase & Co. which is valued at $2,051,048. JPMorgan Chase & Co. makes up approx 5.10% of Pt Asset Management’s portfolio.Vsr Financial Services reduced its stake in JPM by selling 28,958 shares or 51.52% in the most recent quarter. The Hedge Fund company now holds 27,252 shares of JPM which is valued at $1,780,101. JPMorgan Chase & Co. makes up approx 0.28% of Vsr Financial Services’s portfolio. Convector Capital Management Lp added JPM to its portfolio by purchasing 20,000 company shares during the most recent quarter which is valued at $1,326,000. JPMorgan Chase & Co. makes up approx 1.74% of Convector Capital Management Lp’s portfolio. Baker Boyer National Bank added JPM to its portfolio by purchasing 3,241 company shares during the most recent quarter which is valued at $204,702. JPMorgan Chase & Co. makes up approx 0.91% of Baker Boyer National Bank’s portfolio.
JPMorgan Chase & Co. opened for trading at $66.49 and hit $67.1 on the upside on Monday, eventually ending the session at $66.95, with a gain of 1.10% or 0.73 points. The heightened volatility saw the trading volume jump to 1,45,83,145 shares. Company has a market cap of $241,822 M.
On the company’s financial health, JPMorgan Chase & Co. reported $1.55 EPS for the quarter, beating the analyst consensus estimate by $ 0.12 according to the earnings call on Jul 14, 2016. Analyst had a consensus of $1.43. The company had revenue of $24400.00 million for the quarter, compared to analysts expectations of $23843.59 million. The company’s revenue was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.54 EPS.
Many Wall Street Analysts have commented on JPMorgan Chase & Co.. JPMorgan Chase & Co. was Downgraded by Bernstein to ” Mkt Perform” on Aug 16, 2016. JPMorgan Chase & Co. was Downgraded by Citigroup to ” Neutral” on Aug 8, 2016. Berenberg Initiated JPMorgan Chase & Co. on Jul 13, 2016 to “Sell”, Price Target of the shares are set at $52.
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.