JPMorgan Chase & Co. (JPM) : Agf Investments America added new position in JPMorgan Chase & Co. during the most recent quarter end. The investment management firm now holds 53,382 shares of JPMorgan Chase & Co. which is valued at $3,451,680 , the company said in a statement filed on Aug 1, 2016 with the SEC.JPMorgan Chase & Co. makes up approximately 1.50% of Agf Investments America’s portfolio.
Other Hedge Funds, Including , Wright Investors Service Inc reduced its stake in JPM by selling 143 shares or 0.53% in the most recent quarter. The Hedge Fund company now holds 26,910 shares of JPM which is valued at $1,740,001. JPMorgan Chase & Co. makes up approx 0.69% of Wright Investors Service Inc’s portfolio.Sit Investment Associates Inc reduced its stake in JPM by selling 455,505 shares or 43.0% in the most recent quarter. The Hedge Fund company now holds 603,900 shares of JPM which is valued at $38,631,483. JPMorgan Chase & Co. makes up approx 0.99% of Sit Investment Associates Inc’s portfolio.Biondo Investment Advisors boosted its stake in JPM in the latest quarter, The investment management firm added 1,113 additional shares and now holds a total of 130,040 shares of JPMorgan Chase & Co. which is valued at $8,327,762. JPMorgan Chase & Co. makes up approx 2.85% of Biondo Investment Advisors’s portfolio.Gillespie Robinson Grimm Inc reduced its stake in JPM by selling 13,795 shares or 13.38% in the most recent quarter. The Hedge Fund company now holds 89,345 shares of JPM which is valued at $5,643,030. JPMorgan Chase & Co. makes up approx 0.88% of Gillespie Robinson Grimm Inc’s portfolio.Creative Planning boosted its stake in JPM in the latest quarter, The investment management firm added 21,018 additional shares and now holds a total of 362,962 shares of JPMorgan Chase & Co. which is valued at $22,924,680. JPMorgan Chase & Co. makes up approx 0.16% of Creative Planning’s portfolio.
JPMorgan Chase & Co. closed down -0.1 points or -0.15% at $64.56 with 98,73,007 shares getting traded on Thursday. Post opening the session at $64.49, the shares hit an intraday low of $64.27 and an intraday high of $64.815 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
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.. 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.