Town & Country Bank & Trust CO dba First Bankers Trust CO Has $2.54 Million Stock Holdings in JPMorgan Chase & Co. (NYSE:JPM)

Town & Country Bank & Trust CO dba First Bankers Trust CO decreased its stake in JPMorgan Chase & Co. (NYSE:JPM) by 0.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 17,428 shares of the financial services provider’s stock after selling 115 shares during the period. JPMorgan Chase & Co. makes up 1.2% of Town & Country Bank & Trust CO dba First Bankers Trust CO’s portfolio, making the stock its 29th largest holding. Town & Country Bank & Trust CO dba First Bankers Trust CO’s holdings in JPMorgan Chase & Co. were worth $2,535,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. CRA Financial Services LLC grew its stake in shares of JPMorgan Chase & Co. by 1.6% in the second quarter. CRA Financial Services LLC now owns 10,136 shares of the financial services provider’s stock worth $1,474,000 after acquiring an additional 158 shares during the last quarter. Janiczek Wealth Management LLC grew its stake in shares of JPMorgan Chase & Co. by 7.9% in the second quarter. Janiczek Wealth Management LLC now owns 1,325 shares of the financial services provider’s stock worth $193,000 after acquiring an additional 97 shares during the last quarter. Peoples Financial Services CORP. grew its stake in shares of JPMorgan Chase & Co. by 0.5% in the second quarter. Peoples Financial Services CORP. now owns 19,601 shares of the financial services provider’s stock worth $2,851,000 after acquiring an additional 104 shares during the last quarter. Flagship Harbor Advisors LLC grew its stake in shares of JPMorgan Chase & Co. by 3.2% in the second quarter. Flagship Harbor Advisors LLC now owns 43,734 shares of the financial services provider’s stock worth $6,361,000 after acquiring an additional 1,361 shares during the last quarter. Finally, Gradient Investments LLC grew its stake in shares of JPMorgan Chase & Co. by 1.5% in the second quarter. Gradient Investments LLC now owns 240,686 shares of the financial services provider’s stock worth $35,005,000 after acquiring an additional 3,450 shares during the last quarter. Institutional investors and hedge funds own 68.94% of the company’s stock.

JPMorgan Chase & Co. Stock Performance

JPMorgan Chase & Co. stock opened at $149.12 on Tuesday. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 1.28. JPMorgan Chase & Co. has a 1 year low of $101.28 and a 1 year high of $159.38. The company has a market cap of $433.35 billion, a PE ratio of 9.60, a PEG ratio of 1.92 and a beta of 1.11. The company’s 50-day moving average is $150.88 and its two-hundred day moving average is $141.59.

JPMorgan Chase & Co. (NYSE:JPM) last released its earnings results on Friday, July 14th. The financial services provider reported $4.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.62 by $0.75. JPMorgan Chase & Co. had a net margin of 23.45% and a return on equity of 17.29%. The company had revenue of $42.40 billion for the quarter, compared to the consensus estimate of $38.66 billion. During the same period in the prior year, the company posted $2.76 EPS. The company’s revenue was up 34.1% compared to the same quarter last year. Equities analysts anticipate that JPMorgan Chase & Co. will post 15.58 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on JPM. Credit Suisse Group boosted their price target on shares of JPMorgan Chase & Co. from $160.00 to $170.00 in a report on Monday, July 17th. Morgan Stanley boosted their price target on shares of JPMorgan Chase & Co. from $173.00 to $179.00 and gave the company an “overweight” rating in a report on Tuesday, September 12th. Wells Fargo & Company boosted their price target on shares of JPMorgan Chase & Co. from $174.00 to $180.00 in a report on Monday, July 17th. Citigroup lowered shares of JPMorgan Chase & Co. from a “buy” rating to a “neutral” rating and set a $160.00 price target on the stock. in a report on Wednesday, July 12th. Finally, Wolfe Research raised shares of JPMorgan Chase & Co. from a “peer perform” rating to an “outperform” rating and set a $170.00 price target on the stock in a report on Friday, July 7th. Eight analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $167.21.

Insider Buying and Selling at JPMorgan Chase & Co.

In other JPMorgan Chase & Co. news, General Counsel Stacey Friedman sold 4,310 shares of the company’s stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $157.16, for a total transaction of $677,359.60. Following the transaction, the general counsel now directly owns 57,735 shares in the company, valued at approximately $9,073,632.60. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.79% of the company’s stock.

JPMorgan Chase & Co. Company Profile

JPMorgan Chase & Co operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers deposit, investment and lending products, cash management, and payments and services to consumers and small businesses; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, auto loans, leases, and travel services.