The Manufacturers Life Insurance Company Sells 40,705 Shares of JPMorgan Chase & Co. $JPM
MarketBeat
The Manufacturers Life Insurance Company reduced its stake in JPMorgan Chase & Co. by 1.6% in the second quarter, selling 40,705 shares but still holding 2.47 million shares valued at approximately $809.6 million. JPMorgan Chase & Co. reported strong quarterly performance with EPS of $6.14 and revenue up 27.7% year-over-year to $58.02 billion, and the company recently increased its quarterly dividend to $1.65. Analysts maintain a "Moderate Buy" consensus with an average price target of $359.96 f
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