JPMorgan Chase & Co. (JPM) : Nottingham Advisors has sold out all of its stake in JPMorgan Chase & Co. during the most recent quarter, according to the disclosure filed by the company on Aug 8, 2016 with the SEC. The investment management company has sold out 3,126 shares of JPMorgan Chase & Co. which is valued at $204,628.
Other Hedge Funds, Including , Schnieders Capital Management reduced its stake in JPM by selling 225 shares or 0.52% in the most recent quarter. The Hedge Fund company now holds 42,969 shares of JPM which is valued at $2,812,751. JPMorgan Chase & Co. makes up approx 1.54% of Schnieders Capital Management’s portfolio.Cambridge Trust Co boosted its stake in JPM in the latest quarter, The investment management firm added 490 additional shares and now holds a total of 50,936 shares of JPMorgan Chase & Co. which is valued at $3,377,057. JPMorgan Chase & Co. makes up approx 0.25% of Cambridge Trust Co’s portfolio.Financial Partners Capital Management reduced its stake in JPM by selling 770 shares or 0.43% in the most recent quarter. The Hedge Fund company now holds 177,067 shares of JPM which is valued at $11,449,152. JPMorgan Chase & Co. makes up approx 3.05% of Financial Partners Capital Management’s portfolio.Dumont Blake Investment Advisors reduced its stake in JPM by selling 740 shares or 2.11% in the most recent quarter. The Hedge Fund company now holds 34,375 shares of JPM which is valued at $2,222,688. JPMorgan Chase & Co. makes up approx 1.09% of Dumont Blake Investment Advisors’s portfolio.Sequoia Financial Advisors boosted its stake in JPM in the latest quarter, The investment management firm added 6,179 additional shares and now holds a total of 49,450 shares of JPMorgan Chase & Co. which is valued at $3,163,317. JPMorgan Chase & Co. makes up approx 0.86% of Sequoia Financial Advisors’s portfolio.
JPMorgan Chase & Co. opened for trading at $65.56 and hit $65.83 on the upside on Monday, eventually ending the session at $65.72, with a gain of 0.61% or 0.4 points. The heightened volatility saw the trading volume jump to 83,71,557 shares. Company has a market cap of $237,379 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 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.