JPMorgan Chase & Co. (JPM) : Ronald Blue Co reduced its stake in JPMorgan Chase & Co. by 4.12% during the most recent quarter end. The investment management company now holds a total of 12,237 shares of JPMorgan Chase & Co. which is valued at $826,242 after selling 526 shares in JPMorgan Chase & Co. , the firm said in a disclosure report filed with the SEC on Oct 17, 2016.JPMorgan Chase & Co. makes up approximately 0.03% of Ronald Blue Co’s portfolio.
Other Hedge Funds, Including , Btim Corp. boosted its stake in JPM in the latest quarter, The investment management firm added 48,308 additional shares and now holds a total of 1,015,348 shares of JPMorgan Chase & Co. which is valued at $68,556,297. JPMorgan Chase & Co. makes up approx 1.16% of Btim Corp.’s portfolio.Banced Corp boosted its stake in JPM in the latest quarter, The investment management firm added 3,554 additional shares and now holds a total of 16,091 shares of JPMorgan Chase & Co. which is valued at $1,099,176. JPMorgan Chase & Co. makes up approx 2.18% of Banced Corp’s portfolio.Cutler Group Lp boosted its stake in JPM in the latest quarter, The investment management firm added 2,689 additional shares and now holds a total of 3,099 shares of JPMorgan Chase & Co. which is valued at $212,715. JPMorgan Chase & Co. makes up approx 0.01% of Cutler Group Lp’s portfolio.Lau Associates reduced its stake in JPM by selling 513 shares or 5.76% in the most recent quarter. The Hedge Fund company now holds 8,400 shares of JPM which is valued at $568,596. JPMorgan Chase & Co. makes up approx 0.58% of Lau Associates’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.. Buckingham Research Downgraded JPMorgan Chase & Co. on Oct 17, 2016 to ” Neutral”, Price Target of the shares are set at $74.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. 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.