JC Penney Company, Inc. (JCP), EV Energy Partners, LP (EVEP)

JC Penney Company, Inc. (JCP), EV Energy Partners, LP (EVEP)”

Holding Company (NYSE:JCP) by 76.0% during the 2nd quarter, according to its most recent disclosure with the SEC. Where the relative strength index (RSI) is a technical momentum indicator that compares the magnitude of recent gains to recent losses in an attempt to determine excess buying & selling conditions of an asset, it is one of the most popular technical indicators, computed on the basis of the speed and direction of a stock's price movement.

A number of other research firms also recently issued reports on JCP. In the most recent financial results released by J. C. Penney Company, Inc., for the quarter ending on 2017-07-31, the company posted EPS of -0.09. Cambridge Investment Research Advisors Inc. raised its stake in J.C. Penney Company, Inc. Deutsche Bank AG reaffirmed a buy rating on shares of J.C. Penney in a report on Monday, October 31st. Finally, Credit Suisse Group cut J.C. Penney Company, Inc.

Ratings analysis reveals 50% of J. C. Penney's analysts are positive.

J.C. Penney (NYSE:JCP) got the bad news out of the way with its earnings warning two weeks ago, so shares are naturally rallying hard following the actual news. Of the analysts who provided ratings, 11 rated the company a Hold, and 3 rated it a Strong Buy. The stock now has a consensus rating of Hold and a consensus target price of $11.44.

Cowen and Company set a $4.00 price objective on J.C. Penney Company, Inc. About shares traded. Bottomline Technologies (NASDAQ:EPAY) has risen 2.88% since November 9, 2016 and is uptrending. The firm's market capitalization is $3.05 billion. The stock of J C Penney Company Inc (NYSE:JCP) earned "Hold" rating by Piper Jaffray on Friday, August 11. The department store operator reported ($0.21) earnings per share for the quarter, meeting the Zacks' consensus estimate of ($0.21). For the current quarter Manitowoc Company (NYSE:MTW) has high EPS estimates of $0.02 in contradiction of low EPS estimates of $-0.08. At one point in the past year, the shares traded as low as $0.37 but has recovered 170.27% since then.

As the earnings date approaches, we can see that insider ownership is now 1.90% shares, and institutional ownership is at 73.50% for J. C. Penney Company, Inc. BlackRock Inc. now owns 24,704,238 shares of the department store operator's stock valued at $152,179,000 after purchasing an additional 24,491,676 shares during the last quarter. The stock was acquired at an average cost of $3.48 per share, with a total value of $348,000.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Metropolitan Life Insurance Co. Geode Capital Management LLC lifted its position in shares of J.C. Penney Company, Inc. During the past three months the stock slid -46.71%, bringing six months performance to -52.55%. Quinn Opportunity Partners LLC lifted its stake in shares of J.C. Penney Company, Inc. Finally, Citigroup Inc. upped their price target on J.C. Penney Company, Inc. Creative Planning now owns 34,051 shares of the department store operator's stock valued at $302,000 after buying an additional 2,389 shares during the period. Hedge funds and other institutional investors own 71.99% of the company's stock.

Like this


10 November 2017
Ultra Electronics Holdings plc (ULE) Sets New 52-Week Low at $1713.00
On the currency markets, the pound was unchanged against the dollar at $1.3147 and was also flat against the euro at €1.1292. At the time of writing, Ultra Electronics Holdings Plc (ULE.L) has a 14-day Commodity Channel Index (CCI) of -276.37.

10 November 2017
Olympic gold medalist Aly Raisman says team doctor sexually assaulted her
Following Maroney's revelation, Raisman came out in support of her former teammate saying on Twitter that she supported her. Olympic gold medalist Aly Raisman is accusing the former US women's gymnastics team doctor of sexual abuse.

10 November 2017
US President Donald Trump praises PM Modi
Prime Minister Modi is leaving for the Philippines on Sunday to attend the India-ASEAN and East Asia summits. China, on the other hand, got a tongue lashing from the US President.

10 November 2017
Police Investigating Shooting in Kalamazoo
A man shot and killed himself and his ex-girlfriend while critically injuring their three-year-old son on Thursday, Nov. 9. But a police source now says the 3-year-old boy is in intensive care at a hospital with a gunshot wound to the head.

10 November 2017
President, PM congratulate Mary Kom
The 34-year-old had proved that she still has fuel left in her tank as she kicked off the summit showdown aggressively to get an early lead in the first round.

10 November 2017
European Stocks Struggle for Direction as French Output Rebounds, UK Production Gains
Manufacturing output also advanced 0.7 percent over the month, exceeding economists' expectations for a 0.3 percent gain. Manufacturing rose 0.7 per cent in September, the fifth consecutive increase and more double market forecasts.

10 November 2017
Toshiba considering $5.3 billion capital injection
That does not reflect expected gains from the 2 trillion yen sale as the deal has yet to receive regulatory approval. Net sales for the quarter grew to 1.24 trillion yen or $10.996 billion from 1.21 trillion yen in the previous year.

10 November 2017
Tiger Zinda Hai Stalls Hindi Remake Of Malayalam Film Take Off
It has been reported that Salman wanted the focus of the trailer to be on the action of the movie, rather than his on-screen romance with Katrina.

10 November 2017
Corning Incorporated (GLW) Insider Sells 9242 Shares of Stock
It is negative, as 63 investors sold CPN shares while 94 reduced holdings. 31 funds opened positions while 32 raised stakes. Following the sale, the chief executive officer now directly owns 65,333 shares in the company, valued at $2,049,496.21.

10 November 2017
Cisco Systems, Inc. (CSCO) Rating Reiterated by Needham & Company LLC
Ontario - Canada-based Fincl Bank Of Montreal Can has invested 0% in WGL Holdings Inc (NYSE:WGL). (NASDAQ:CSCO). Holderness Investments Co. boosted its stake in Cisco Systems by 12.1% during the first quarter. (NASDAQ:CSCO).