RBO & Co. LLC increased its stake in shares of JPMorgan Chase & Co. (NYSE:JPM) by 1.0% in the first quarter, HoldingsChannel.com reports. The firm owned 137,240 shares of the financial services provider’s stock after buying an additional 1,325 shares during the period. JPMorgan Chase & Co. accounts for approximately 3.8% of RBO & Co. LLC’s portfolio, making the stock its 6th largest holding. RBO & Co. LLC’s holdings in JPMorgan Chase & Co. were worth $15,092,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Keeler Thomas Management LLC purchased a new position in JPMorgan Chase & Co. in the 4th quarter valued at approximately $112,000. Price Wealth Management Inc. purchased a new position in JPMorgan Chase & Co. in the 4th quarter valued at approximately $124,000. Financial Gravity Wealth Inc. purchased a new position in JPMorgan Chase & Co. in the 1st quarter valued at approximately $150,000. FSI Group LLC purchased a new position in JPMorgan Chase & Co. in the 4th quarter valued at approximately $159,000. Finally, Stelac Advisory Services LLC purchased a new position in JPMorgan Chase & Co. in the 1st quarter valued at approximately $162,000. 72.00% of the stock is owned by hedge funds and other institutional investors.

In other news, Director Chase & Co Jpmorgan acquired 22,000 shares of JPMorgan Chase & Co. stock in a transaction dated Thursday, May 31st. The shares were acquired at an average cost of $1,000.00 per share, for a total transaction of $22,000,000.00. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Gordon Smith sold 30,725 shares of the firm’s stock in a transaction on Monday, July 23rd. The shares were sold at an average price of $114.01, for a total transaction of $3,502,957.25. The disclosure for this sale can be found here. 0.73% of the stock is currently owned by company insiders.

Several brokerages have commented on JPM. DZ Bank raised shares of JPMorgan Chase & Co. from a “hold” rating to a “buy” rating in a research report on Thursday, July 19th. Keefe, Bruyette & Woods reissued a “$111.53” rating and issued a $127.00 price target on shares of JPMorgan Chase & Co. in a research report on Wednesday, July 18th. UBS Group raised shares of JPMorgan Chase & Co. from a “hold” rating to a “buy” rating in a research report on Thursday, July 19th. Credit Suisse Group set a $130.00 price target on shares of JPMorgan Chase & Co. and gave the company a “buy” rating in a research report on Thursday, July 12th. Finally, Goldman Sachs Group set a $128.00 price target on shares of JPMorgan Chase & Co. and gave the company a “neutral” rating in a research report on Monday, July 23rd. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and fourteen have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $120.23.

Shares of JPM opened at $114.77 on Friday. JPMorgan Chase & Co. has a twelve month low of $88.08 and a twelve month high of $119.33. The firm has a market capitalization of $397.18 billion, a PE ratio of 16.71, a PEG ratio of 1.90 and a beta of 1.24. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.18.

About JPMorgan Chase & Co.

JPMorgan Chase & Co operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset & Wealth Management. The Consumer & Community Banking segment offers deposit and investment products and services to consumers; lending, deposit, and cash management and payment solutions to small businesses; residential mortgages and home equity loans; and credit cards, payment processing services, auto loans and leases.

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Institutional Ownership by Quarter for JPMorgan Chase & Co. (NYSE:JPM)

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