Bienville Capital Management LLC Has $677,000 Holdings in J P Morgan Chase & Co (JPM)

Bienville Capital Management LLC grew its position in shares of J P Morgan Chase & Co (NYSE:JPM) by 21.3% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 7,411 shares of the financial services provider’s stock after buying an additional 1,300 shares during the quarter. Bienville Capital Management LLC’s holdings in J P Morgan Chase & Co were worth $677,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in the business. Carderock Capital Management Inc. grew its stake in shares of J P Morgan Chase & Co by 0.3% during the 2nd quarter. Carderock Capital Management Inc. now owns 21,510 shares of the financial services provider’s stock worth $1,966,000 after purchasing an additional 58 shares during the period. Sheaff Brock Investment Advisors LLC grew its stake in shares of J P Morgan Chase & Co by 112.8% during the 2nd quarter. Sheaff Brock Investment Advisors LLC now owns 113,960 shares of the financial services provider’s stock worth $10,416,000 after purchasing an additional 60,407 shares during the period. Shoker Investment Counsel Inc. grew its stake in shares of J P Morgan Chase & Co by 4.8% during the 2nd quarter. Shoker Investment Counsel Inc. now owns 26,944 shares of the financial services provider’s stock worth $2,462,000 after purchasing an additional 1,229 shares during the period. Dearborn Partners LLC grew its stake in shares of J P Morgan Chase & Co by 24.1% during the 2nd quarter. Dearborn Partners LLC now owns 77,145 shares of the financial services provider’s stock worth $7,051,000 after purchasing an additional 14,985 shares during the period. Finally, Dillon & Associates Inc. grew its stake in shares of J P Morgan Chase & Co by 85.1% during the 2nd quarter. Dillon & Associates Inc. now owns 13,532 shares of the financial services provider’s stock worth $1,231,000 after purchasing an additional 6,222 shares during the period. Institutional investors own 73.93% of the company’s stock.

A number of equities analysts have recently weighed in on the stock. Royal Bank Of Canada reaffirmed a “buy” rating and set a $95.00 price target on shares of J P Morgan Chase & Co in a research note on Friday, August 18th. Deutsche Bank cut shares of J P Morgan Chase & Co from a “buy” rating to a “hold” rating and upped their price target for the stock from $90.00 to $96.00 in a research note on Tuesday, September 26th. Keefe, Bruyette & Woods set a $96.00 price target on shares of J P Morgan Chase & Co and gave the stock a “hold” rating in a research note on Saturday, August 19th. Citigroup upped their price target on shares of J P Morgan Chase & Co from $90.00 to $96.00 and gave the stock a “neutral” rating in a research note on Friday, October 6th. Finally, Oppenheimer reaffirmed a “hold” rating on shares of J P Morgan Chase & Co in a research note on Thursday, October 12th. Three research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and sixteen have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $92.18.

In other news, General Counsel Stacey Friedman sold 2,099 shares of the stock in a transaction dated Thursday, October 26th. The shares were sold at an average price of $101.96, for a total transaction of $214,014.04. Following the transaction, the general counsel now directly owns 15,279 shares in the company, valued at approximately $1,557,846.84. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 0.88% of the company’s stock.

J P Morgan Chase & Co (NYSE JPM) traded down $0.79 during trading on Thursday, hitting $104.93. 15,476,200 shares of the company’s stock traded hands, compared to its average volume of 14,010,543. J P Morgan Chase & Co has a one year low of $81.64 and a one year high of $108.40. The firm has a market cap of $366,819.41, a PE ratio of 15.23, a P/E/G ratio of 2.29 and a beta of 1.22. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.03 and a quick ratio of 1.03.

J P Morgan Chase & Co (NYSE:JPM) last released its quarterly earnings results on Thursday, October 12th. The financial services provider reported $1.76 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.67 by $0.09. J P Morgan Chase & Co had a net margin of 24.08% and a return on equity of 11.68%. The company had revenue of $25.33 billion for the quarter, compared to analysts’ expectations of $24.91 billion. During the same period last year, the company earned $1.58 EPS. The firm’s revenue for the quarter was up 2.6% compared to the same quarter last year. equities research analysts predict that J P Morgan Chase & Co will post 6.91 earnings per share for the current fiscal year.

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J P Morgan Chase & Co 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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Institutional Ownership by Quarter for J P Morgan Chase & Co (NYSE:JPM)

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