JC Penney Company, Inc. (JCP) Should Investors Listen?

Holding and gave the company a "hold" rating in a report on Friday, August 11th. Quantitative Investment Management LLC acquired a new stake in shares of J.C. Penney Company, Inc. The company had a rise in short interest of 10.30% as of the latest report on October 13, 2017.

Shares of J.C. Penney Company, Inc. Holding in a research report on Monday, August 14th. UBS maintained the shares of TGT in report on Thursday, November 19 with "Neutral" rating. Holding from a "sell" rating to a "hold" rating in a research note on Tuesday, October 17th. The average twelve-month price objective among brokers that have issued a report on the stock in the past year is $11.46. As of the end of the quarter Wells Fargo & Company/mn had bought 15,094 shares growing its position 616.1%. Holding Company (NYSE:JCP) has been assigned a $3.00 price objective by stock analysts at Piper Jaffray Companies in a report released on Friday, October 27th.

The most current P/E ratio is N/A and market cap is 1.01B.

The company now has an insider ownership of 1.9 Percent and Institutional ownership of 72.3 Percent. (NYSE:JCP) touched its 1-Year High price of $10.74 on 12/08/16 and its 1-Year Low price of $ 2.35 on 11/08/17. After $-0.33 actual earnings per share reported by J C Penney Company Inc for the previous quarter, Wall Street now forecasts -254.55% EPS growth. Holding had a positive return on equity of 7.60% and a negative net margin of 1.43%. The company's quarterly revenue was down 1.8% compared to the same quarter past year. The stock of J C Penney Company Inc (NYSE:JCP) earned "Equal-Weight" rating by Morgan Stanley on Monday, February 13. Pomelo Lc invested 0.53% of its portfolio in J C Penney Company Inc (NYSE:JCP). If you are reading this piece of content on another site, it was copied illegally and republished in violation of USA & global copyright and trademark laws. The correct version of this report can be read at https://www.truebluetribune.com/2017/11/13/jefferies-group-llc-reiterates-3-00-price-target-for-j-c-penney-company-inc-holding-company-jcp.html.

Three months ago, on the other hand, the average analyst rating for J. C. Penney Company, Inc.

In other J.C. Penney news, EVP John Joseph Tighe III sold 38,756 shares of the business's stock in a transaction dated Friday, November 18th.

The company's stock is now moving with a -ve distance from the 200 day SMA of approximately -35.5%, and has a solid year to date (YTD) performance of -61.85% which means that the stock is constantly adding to its value from the previous fiscal year end price. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Vetr cut shares of J.C. Penney from a "buy" rating to a "hold" rating and set a $10.02 price objective on the stock.in a research report on Monday, August 15th. Tracking the stock price in relation to moving averages as well as highs and lows for the year might assist with evaluating future stock performance. Grassi Investment Management now owns 18,400 shares of the department store operator's stock valued at $163,000 after buying an additional 6,400 shares during the period. The disclosure for this purchase can be found here. Insiders bought a total of 310,135 shares of company stock worth $1,111,391 over the last quarter. The stock declined 1.16% or $0.71 reaching $60.69 on the news.

Several institutional investors have recently added to or reduced their stakes in JCP. Cambridge Investment Research Advisors Inc. lifted its position in J.C. Penney Company, Inc.

Amalgamated Bank trimmed its position by selling 503 shares a decrease of 1.2% in the quarter. BlackRock Inc. now owns 24,704,238 shares of the department store operator's stock worth $152,179,000 after purchasing an additional 24,491,676 shares during the last quarter. Holding by 1.7% in the second quarter. 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.

J. C. Penney Company, Inc is a holding company. Holding by 502.5% during the 2nd quarter. Holding by 3.0% during the first quarter. Finally, Citigroup Inc. downgraded shares of J.C. Penney Company, Inc. Holding by 93.9% during the 2nd quarter.

Vanessa Coleman