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.

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