JC Penney Company, Inc. Holding Company (JCP) Downgraded to Hold at ValuEngine

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Finally, Piper Jaffray Companies lowered their target price on J.C. Penney Company, Inc. Holding Company by 14.5% in the first quarter. Numeric Investors LLC now owns 131,500 shares of the department store operator's stock valued at $1,093,000 after buying an additional 116,800 shares during the last quarter. Function (x) Inc. tumbled -94.04% from its high of $8 to a $4.4 million market value through last close. Holding Company during the fourth quarter valued at approximately $100,000. Finally, Northcoast Research restated a "buy" rating on shares of J.C. Penney Company, Inc. Holding Company during the fourth quarter worth $738,000. Elkfork Partners LLC acquired a new position in J.C. Penney Company, Inc. Holding Company by 9.2% in the fourth quarter. Princeton Alpha Management LP purchased a new position in shares of J.C. Penney Company, Inc. Holding Company during the fourth quarter valued at $12,324,000.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock.

Earnings per share (EPS) is the portion of a company's profit allocated to each outstanding share of common stock. First Tru Advsrs Limited Partnership invested 0.01% in J C Penney Company Inc (NYSE:JCP). The overall volume in the last trading session was 13.25 million shares. The firm has a 50-day moving average of $5.13 and a 200-day moving average of $6.84. The relative volume of the stock is 0.66, while its market cap is $1.55 Billion. United Capital Financial Advisers LLC boosted its position in J.C. Penney Company, Inc. Holding Company has a 12 month low of $4.17 and a 12 month high of $11.30. Holding Company also saw unusually large options trading on Friday. Institutional investors and hedge funds own 78.45% of the company's stock. It becomes significant when you consider how many shares are shorted versus the average daily volume, means how many days to cover those short shares at that volume. That value represents a market adjusting for revenues that have been falling by -3.74 % on a quarterly year/year basis as of the company's last quarterly report. Cambridge Investment Research Advisors Inc. now owns 16,721 shares of the department store operator's stock worth $103,000 after buying an additional 4,205 shares during the last quarter. Holding Company had a negative net margin of 0.89% and a positive return on equity of 11.44%. During the same period in the prior year, the business posted ($0.22) EPS. The company's quarterly revenue was down 3.7% compared to the same quarter previous year. 20 analysts on average projected earnings of $-0.06 per share for the current quarter. Cambridge Investment Research Advisors reported 12,516 shares. If you are accessing this piece of content on another publication, it was illegally stolen and republished in violation of USA & global copyright & trademark law. The original version of this piece of content can be viewed at https://www.themarketsdaily.com/2017/06/19/balter-liquid-alternatives-llc-acquires-new-position-in-j-c-penney-company-inc-jcp-updated.html. Guggenheim initiated the shares of JCP in report on Friday, September 30 with "Neutral" rating.

Kohlberg Kravis Roberts & Company Lp decreased Penney J C Inc (JCP) stake by 29.4% reported in 2016Q4 SEC filing. Holding Company in a report on Friday, February 24th. And it remains to be seen which target price JCP can achieve without sacrificing much as the company is holding a -39.23% fall for the past twelve months.

While looking at the Stock's Performance, J. C. Penney Company, Inc. now shows a Weekly Performance of 3.08%, where Monthly Performance is 7.49%, Quarterly performance is -16.19%, 6 Months performance is -47.43% and yearly performance percentage is -39.23%. Holding Company (NYSE:JCP) from a buy rating to a hold rating in a report released on Friday, June 2nd. Past 5 years growth of the company observed at 9.37%, and for the next five years the analysts that follow the company are expecting its growth at -28%. Holding Company in a research note on Tuesday, May 23rd. J.C. Penney Company, Inc. Holding Company from a "buy" rating to a "neutral" rating and set a $5.00 target price for the company.in a research note on Monday, May 15th. Two equities research analysts have rated the stock with a sell rating, sixteen have issued a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock.

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