Retirement Design Management Inc Adv buys $1,045,210 stake in JPMorgan Chase & Co. (JPM)

JPMorgan Chase & Co. (JPM) : Retirement Design Management Inc Adv scooped up 3,277 additional shares in JPMorgan Chase & Co. during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 14, 2016. The investment management firm now holds a total of 15,480 shares of JPMorgan Chase & Co. which is valued at $1,045,210.JPMorgan Chase & Co. makes up approximately 0.65% of Retirement Design Management Inc Adv’s portfolio.

Other Hedge Funds, Including , Peddock Capital Advisors boosted its stake in JPM in the latest quarter, The investment management firm added 584 additional shares and now holds a total of 24,090 shares of JPMorgan Chase & Co. which is valued at $1,626,557. JPMorgan Chase & Co. makes up approx 1.08% of Peddock Capital Advisors’s portfolio.British Columbia Investment Management Corp reduced its stake in JPM by selling 269,942 shares or 15.93% in the most recent quarter. The Hedge Fund company now holds 1,424,712 shares of JPM which is valued at $97,322,077. JPMorgan Chase & Co. makes up approx 0.99% of British Columbia Investment Management Corp’s portfolio.Addison Capital Co reduced its stake in JPM by selling 916 shares or 2.79% in the most recent quarter. The Hedge Fund company now holds 31,961 shares of JPM which is valued at $2,193,803. JPMorgan Chase & Co. makes up approx 1.93% of Addison Capital Co’s portfolio.Bnp Paribas Arbitrage Sa boosted its stake in JPM in the latest quarter, The investment management firm added 2,768,188 additional shares and now holds a total of 4,145,850 shares of JPMorgan Chase & Co. which is valued at $280,632,587. JPMorgan Chase & Co. makes up approx 1.15% of Bnp Paribas Arbitrage Sa’s portfolio.Hefty Wealth Partners boosted its stake in JPM in the latest quarter, The investment management firm added 17,020 additional shares and now holds a total of 17,674 shares of JPMorgan Chase & Co. which is valued at $1,196,353. JPMorgan Chase & Co. makes up approx 0.91% of Hefty Wealth Partners’s portfolio.

JPMorgan Chase & Co. closed down -0.22 points or -0.32% at $67.52 with 2,41,63,776 shares getting traded on Friday. Post opening the session at $68.8, the shares hit an intraday low of $67.3 and an intraday high of $69.03 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

On the company’s financial health, JPMorgan Chase & Co. reported $1.58 EPS for the quarter, beating the analyst consensus estimate by $ 0.19 according to the earnings call on Oct 14, 2016. Analyst had a consensus of $1.39. The company had revenue of $24673.00 million for the quarter, compared to analysts expectations of $23687.07 million. The company’s revenue was up 8.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.37 EPS.

Many Wall Street Analysts have commented on JPMorgan Chase & Co.. JPMorgan Chase & Co. was Downgraded by Macquarie to ” Neutral” on Sep 9, 2016. 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.

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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