Milford Funds Boosts Holdings in JPMorgan Chase

Milford Funds Ltd., a financial institution, significantly increased its holdings in JPMorgan Chase & Co. by purchasing an additional 95,513 shares during the second quarter.

This move resulted in Milford Funds owning approximately 284,028 shares of JPMorgan Chase & Co.'s stock, which is valued at $92,971,000 and accounts for about 1.5% of their portfolio.

JPMorgan Chase & Co. has seen a price performance increase since its quarterly earnings data release on July 14th, where it reported $6.14 earnings per share, topping the consensus estimate by $0.55 with revenue of $58.02 billion for the quarter.

According to research analysts, JPMorgan Chase & Co. is forecasted to post $24.28 earnings per share for the current fiscal year.