Ntv Asset Management buys $1,233,070 stake in JPMorgan Chase & Co. (JPM)

JPMorgan Chase & Co. (JPM) : Ntv Asset Management scooped up 204 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 8, 2016. The investment management firm now holds a total of 18,837 shares of JPMorgan Chase & Co. which is valued at $1,233,070.JPMorgan Chase & Co. makes up approximately 0.45% of Ntv Asset Management’s portfolio.

Other Hedge Funds, Including , Cornerstone Financial Partners reduced its stake in JPM by selling 45,794 shares or 85.85% in the most recent quarter. The Hedge Fund company now holds 7,546 shares of JPM which is valued at $487,924. JPMorgan Chase & Co. makes up approx 0.17% of Cornerstone Financial Partners’s portfolio.Bridge Creek Capital Management boosted its stake in JPM in the latest quarter, The investment management firm added 3,453 additional shares and now holds a total of 55,828 shares of JPMorgan Chase & Co. which is valued at $3,571,317. JPMorgan Chase & Co. makes up approx 2.06% of Bridge Creek Capital Management’s portfolio.Daiwa Securities Group reduced its stake in JPM by selling 80,950 shares or 27.9% in the most recent quarter. The Hedge Fund company now holds 209,170 shares of JPM which is valued at $13,455,906. JPMorgan Chase & Co. makes up approx 0.08% of Daiwa Securities Group’s portfolio.Financial Consulate Inc boosted its stake in JPM in the latest quarter, The investment management firm added 64 additional shares and now holds a total of 3,991 shares of JPMorgan Chase & Co. which is valued at $255,584. JPMorgan Chase & Co. makes up approx 0.19% of Financial Consulate Inc’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 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.

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