Economy

JC Penney Company Inc. Holding Company

J.C. Penney's third-quarter results gave a surprising boosts to hopes of a turnaround at the retailer, with same-store sales showing their first gain in a year. The company had a rise in short interest of 10.30% as of the latest report on October 13, 2017. Citigroup Inc. lifted their target price on shares of J.C. Penney Company, Inc. Deutsche Bank downgraded the stock to "Hold" rating in Monday, May 15 report. Veritone, Inc. This company shares tumbled -70.54% from their most recent record high of $74.92 and now hold $333.26 million in market value of equity. The firm earned "Market Perform" rating on Monday, October 30 by BMO Capital Markets. Geode Capital Management LLC increased its holdings in shares of J.C. Penney Company, Inc. Three analysts have rated the stock with a sell rating, twenty have issued a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. Holding from a "buy" rating to a "neutral" rating in a report on Monday, October 30th. Bollard Grp Limited Liability Company holds 1.36% or 127,573 shares. Holding (NYSE JCP) traded up $0.42 during trading on Friday, hitting $3.17. About 54.37M shares traded or 189.05% up from the average. Horrell Cap Inc reported 0.08% of its portfolio in J C Penney Company Inc (NYSE:JCP). The lowest target is $8.5 while the high is $11.0.

The company P/E (price to earnings) ratio is 0 and Forward P/E ratio is 17.71. 5 analysts say it's a Hold while 0 analysts provided their expert opinion as Sell. They expect $0.51 EPS, down 20.31% or $0.13 from last year's $0.64 per share. Bank of America upgraded J C Penney Company Inc (NYSE:JCP) on Friday, December 2 to "Buy" rating. Commonwealth Equity Services holds 0% or 29,255 shares in its portfolio. The firm's revenue was down 1.8% compared to the same quarter a year ago. (NYSE:JCP) reported its EPS in the last quarter as $-0.33/Share beating the analyst estimate of $-0.43/Share by a difference of $0.1. However the company reported $-0.21 earnings per share for the same quarter during a year ago.

ILLEGAL ACTIVITY NOTICE: This report was posted by TrueBlueTribune and is the sole property of of TrueBlueTribune. If you are accessing this article on another domain, it was illegally stolen and reposted in violation of worldwide copyright law. Vanguard Group Inc. increased its holdings in shares of J.C. Penney Company, Inc.

J. C. Penney Company, Inc.'s insider ownership stands at 1.9 percent, while its insider transaction is 5.13 percent. Holding news, Chairman Marvin R. Ellison acquired 100,000 shares of the stock in a transaction that occurred on Friday, August 18th. Following the purchase, the chairman now owns 2,852,280 shares in the company, valued at $9,925,934.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Teachers Retirement System Of THE State Of Kentucky owns 123,280 shares with a value of $470,000. Hedge funds and other institutional investors own 86.53% of the company's stock.

Several institutional investors have recently added to or reduced their stakes in JCP.

Analysts often look at short interest, or the number of shares now being shorted by investors, to aid in their outlook for a particular stock. For the most recent quarter, quick ratio was 0.2, current ratio was 1.5, LT Debt/Equity ratio was 3.51 and Total Debt/Equity ratio stands at 3.72, while Payout ratio is 0.

J.C. Penney Company, Inc. Holding by 5.6% in the 1st quarter.

The shares of the company (JCP) staged the smart recovery as has roared back some 34.89% after stumbling to its new 52-weeks low. As of quarter end American International Group Inc had bought a total of 13,477 shares growing its stake by 5.8%. IBM Retirement Fund now owns 31,071 shares of the department store operator's stock valued at $276,000 after buying an additional 467 shares during the period. Holding by 4.8% in the 1st quarter. Thrivent Financial For Lutherans now owns 58,490 shares of the department store operator's stock worth $360,000 after acquiring an additional 6,090 shares during the period. Creative Planning increased its position in J.C. Penney by 7.5% in the second quarter.



Like this

loading...
loading...

Latest


13 Ноября 2017
Detroit Cops Fight Each Other over Drug Bust Gone Wrong
Detroit Police Department's chief has been notified, and Internal Affairs is opening an investigation into the officers involved. The cops with the 12th Precinct assumed they were trying to buy drugs and ordered them to the ground, according to Fox 2 .

13 Ноября 2017
When bold Esha Gupta turns amusing and stylish in hospital
On the work front, Esha will be next seen in Hera Pheri 3 and Aankhen 2 which are both in the pipeline for a long time now. Esha has starred in popular Bollywood movies including Commando 2, Baadshaho, Rustom and Yaar Ivan in recent years.

13 Ноября 2017
Lamborghini Urus SUV Teased Ahead of Reveal In December
The Urus is Lamborghini's second attempt at an SUV, the first being the LM002 of the previous century. There is also expected to be a hybrid model in the works but won't make it to production before 2020.

13 Ноября 2017
R100‚000 fine for Manana plus community service and compensation for victims
Manana had been convicted of three counts of assault with intent to do grievous bodily harm after pleading guilty to the charges. Manana's supporters wearing African National Congress T-shirts broke out in song outside the court following his sentencing.

13 Ноября 2017
Despite Sub-Zero Temp, Anti-Militancy Ops Continue In Kashmir
Two Terrorists have been killed after they opened fire at a police party in Handwara district of Jammu and Kashmir on Monday. An army spokesman said the militants were killed in a joint operation with police and CRPF.

13 Ноября 2017
Stock Impressing Investors: Dollar General Corporation (NYSE:DG)
Institutional investors have recently modified their holdings of the business. 88 funds opened positions while 275 raised stakes. The institutional investor owned 2,125 shares of the aerospace company's stock after selling 734 shares during the quarter.

13 Ноября 2017
Man charged in 2015 murder of Westchester socialite Lois Colley
Colley, 83, was murdered in her $25 million hilltop estate, known as Windswept Farm, in North Salem on November 9, 2015. Colley died from a blunt trauma wound to the head, which police believe may have been caused by a fire extinguisher.

13 Ноября 2017
Banco Bradesco Sa (BBD) Holdings Decreased by Capital Growth Management Lp
Wall Street is only getting more bullish on the stock, with 2 of analysts who cover BBD having a buy-equivalent rating. TRADEMARK VIOLATION WARNING: This report was posted by StockNewsTimes and is the sole property of of StockNewsTimes.

13 Ноября 2017
S&P Biotech SPDR (XBI): Watching the Technicals
A certain stock may be considered to be on an uptrend if trading above a moving average and the average is sloping upward. The simple moving average is a mathematical calculation that takes the average price (mean) for a given amount of time.

13 Ноября 2017
Doctors from the city head to Belagavi to oppose KPME Act
Doctors don't have the right to speak to the lawyer till he or she gets arrested, in the event of a complaint being filed. The IMA state president H N Ravindra said that over 45,000 doctors across the state will participate in the protest.