Economy

Noticeable Stock: JC Penney Company Inc (JCP)

Cascade Investment Advisors, Inc. grew its holdings by buying 750 shares an increase of 3.6%.

A number of research firms have issued reports on JCP. Vetr cut shares of J C Penney Company from a "strong-buy" rating to a "buy" rating and set a $7.76 price target on the stock.in a research report on Wednesday, February 8th. Holding in a report on Monday, August 14th. BidaskClub upgraded J.C. Penney Company, Inc.

Davenport & Co LLC reports that it raised its investment in J.C. Penney Company, Inc. Citigroup Inc. dropped their price objective on J.C. Penney Company, Inc. A rating of 4 or 5 would represent a Sell recommendation. J C Penney Company has a one year low of $4.17 and a one year high of $11.30. (NYSE:JCP). At the time of writing, the First Call consensus price target for the company is $5.71. The department store operator reported $0.06 EPS for the quarter, beating analysts' consensus estimates of ($0.21) by $0.27.

Since the beginning of the calendar year, the stock is -58.97%. The shares were purchased at an average cost of $3.62 per share, for a total transaction of $181,000.00. The stock exchanged hands with2424463 numbers of shares contrast to its average daily volume of 0.88 shares. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Javier G. Teruel purchased 135,135 shares of the business's stock in a transaction dated Tuesday, August 22nd. The disclosure for this purchase can be found here. Insiders bought a total of 310,135 shares of company stock valued at $1,111,391 in the last ninety days. Teachers Advisors LLC increased its position in shares of J C Penney Company by 45.7% in the first quarter. SG Americas Securities LLC now owns 2,353,748 shares of the department store operator's stock valued at $10,945,000 after acquiring an additional 1,963,079 shares in the last quarter.

05/15/2017 - J.C. Penney Company, Inc. Holding by 502.5% during the 2nd quarter. The shares price has positioned -33.14% down over the past quarter while it has directed -40.07% toward a falling position throughout past six months. According to today's trading volume J. C. Penney Company, Inc.is BELOW its 20-Day Avg. volume with the stock showing BELOW Abnormal volume in the past 150 days. Holding by 77.1% in the 1st quarter. During the same quarter in the previous year, the company posted ($0.05) earnings per share. Finally, Saba Capital Management L.P. purchased a new stake in J.C. Penney Company, Inc. The stock has a beta value of 0.56. World Asset Management Inc now owns 23,122 shares of the department store operator's stock worth $142,000 after buying an additional 153 shares during the last quarter.

05/12/2017 - J.C. Penney Company, Inc. The company's last traded volume of 10.52 million shares as compared to it's an average volume of 16.94 million shares. The company's Market capitalization is $32.66B with the total Outstanding Shares of 746.25M. Stock's twelve month price oscillated between $10.74 and $3.31. Checking some other stock price data, we can see that the recent distance from the 50 day high was noted at -39.11% and the separation from the 50 day low is presently 3.02%. The business had revenue of $2.71 billion for the quarter, compared to analysts' expectations of $2.78 billion. Holding had a positive return on equity of 10.55% and a negative net margin of 0.94%. The firm's quarterly revenue was up 1.5% on a year-over-year basis. Holding will post $0.43 earnings per share for the current fiscal year.

Investors are a little more bearish on the company recently if you put credence in the increase in short interest. If you are viewing this piece of content on another domain, it was copied illegally and republished in violation of US & worldwide copyright laws.

J. C. Penney Company, Inc is a holding company.



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