J P Morgan Chase & Co (NYSE:JPM) was the target of some unusual options trading activity on Tuesday. Investors purchased 33,230 put options on the stock. This represents an increase of approximately 133% compared to the average volume of 14,277 put options.

In other news, insider Nicole Giles sold 1,000 shares of J P Morgan Chase & Co stock in a transaction dated Tuesday, July 18th. The shares were sold at an average price of $91.29, for a total value of $91,290.00. Following the sale, the insider now owns 3,783 shares in the company, valued at $345,350.07. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Marianne Lake sold 17,596 shares of J P Morgan Chase & Co stock in a transaction dated Monday, July 17th. The shares were sold at an average price of $91.58, for a total transaction of $1,611,441.68. The disclosure for this sale can be found here. In the last quarter, insiders sold 28,564 shares of company stock worth $2,605,334. Company insiders own 0.88% of the company’s stock.

Several institutional investors and hedge funds have recently bought and sold shares of JPM. Janus Henderson Group PLC raised its stake in shares of J P Morgan Chase & Co by 517.3% during the second quarter. Janus Henderson Group PLC now owns 5,553,819 shares of the financial services provider’s stock valued at $507,632,000 after purchasing an additional 4,654,113 shares during the period. Alliancebernstein L.P. raised its stake in shares of J P Morgan Chase & Co by 29.2% during the second quarter. Alliancebernstein L.P. now owns 17,456,699 shares of the financial services provider’s stock valued at $1,595,542,000 after purchasing an additional 3,945,948 shares during the period. Vanguard Group Inc. raised its stake in shares of J P Morgan Chase & Co by 1.5% during the second quarter. Vanguard Group Inc. now owns 249,887,622 shares of the financial services provider’s stock valued at $22,839,729,000 after purchasing an additional 3,717,683 shares during the period. Parametric Portfolio Associates LLC raised its stake in shares of J P Morgan Chase & Co by 40.8% during the second quarter. Parametric Portfolio Associates LLC now owns 9,769,017 shares of the financial services provider’s stock valued at $892,886,000 after purchasing an additional 2,828,726 shares during the period. Finally, Harbour Capital Advisors LLC raised its stake in shares of J P Morgan Chase & Co by 8,767.4% during the second quarter. Harbour Capital Advisors LLC now owns 2,794,464 shares of the financial services provider’s stock valued at $30,574,000 after purchasing an additional 2,762,950 shares during the period. Institutional investors own 78.02% of the company’s stock.

Several analysts have recently issued reports on the stock. BidaskClub upgraded shares of J P Morgan Chase & Co from a “sell” rating to a “hold” rating in a research report on Saturday, June 10th. Zacks Investment Research lowered shares of J P Morgan Chase & Co from a “buy” rating to a “hold” rating in a research report on Tuesday, August 29th. Vetr lowered shares of J P Morgan Chase & Co from a “strong-buy” rating to a “buy” rating and set a $97.41 price target on the stock. in a research report on Monday, June 12th. BMO Capital Markets restated a “hold” rating and set a $85.00 price target on shares of J P Morgan Chase & Co in a research report on Thursday, June 1st. Finally, Bank of America Corporation restated a “buy” rating and set a $99.00 price target on shares of J P Morgan Chase & Co in a research report on Monday, July 17th. Three investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and nineteen have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $85.59.

Shares of J P Morgan Chase & Co (NYSE:JPM) opened at 88.53 on Friday. J P Morgan Chase & Co has a 52 week low of $65.11 and a 52 week high of $95.22. The stock has a market capitalization of $311.49 billion, a P/E ratio of 13.06 and a beta of 1.19. The company’s 50-day moving average is $91.73 and its 200 day moving average is $89.03.

J P Morgan Chase & Co (NYSE:JPM) last posted its quarterly earnings data on Friday, July 14th. The financial services provider reported $1.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.59 by $0.23. The company had revenue of $25.50 billion for the quarter, compared to analyst estimates of $24.38 billion. J P Morgan Chase & Co had a net margin of 24.13% and a return on equity of 11.53%. The business’s quarterly revenue was up 4.6% on a year-over-year basis. During the same quarter last year, the firm posted $1.55 earnings per share. On average, equities analysts forecast that J P Morgan Chase & Co will post $6.81 EPS for the current fiscal year.

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J P Morgan Chase & Co Company Profile

JPMorgan Chase & Co is a financial holding company. The Company is engaged in investment banking, financial services. It operates in four segments, as well as a Corporate segment. Its segments are Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking and Asset Management. The Consumer & Community Banking segment offers services to consumers and businesses through bank branches, automatic teller machines (ATMs), online, mobile and telephone banking.

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