Earnings Analysis Of JC Penney Company, Inc. (JCP)

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Holding Company (NYSE:JCP) by 68.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 537,171 shares of the department store operator's stock after selling 417,611 shares during the period. Holding Company at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Hudson Bay Capital Management LP purchased a new stake in shares of J.C. Penney Company, Inc. Holding Company during the fourth quarter valued at $738,000.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter. (NASDAQ:FNCX), its shares were trading at $0.48 a retreat of $-0.02, on the trading floor.

Nationwide Fund Advisors lowered its position in J.C. Penney Company, Inc. Holding Company during the first quarter worth approximately $234,000. Norges Bank purchased a new stake in J.C. Penney Company, Inc. Holding Company during the fourth quarter valued at $12,324,000. Holding Company by 33.6% in the first quarter.

Edinburgh Partners Ltd holds 13.74% of its portfolio in Harman International Industries Inc for 587,660 shares.

Sg Capital Management Llc holds 5.62% of its portfolio in J C Penney Company Inc for 4.07 million shares.

COPYRIGHT VIOLATION WARNING: "J.C. Penney Company, Inc". The Company has 52-week high of $11.30 and 52-week low of $4.17.

Analysts on average have given a price target of $6.66 to J. C. Penney Company, Inc. The Market Capitalization of the company stands at 1.55 Billion. Holding Company also was the target of some unusual options trading activity on Friday. Traders acquired 24,621 call options on the company. Holding Company (NYSE:JCP) last issued its quarterly earnings data on Friday, May 12th.

20 analysts on average are expecting J. C. Penney Company, Inc.to report earnings of $-0.06 per share for the current quarter. The firm had revenue of $2.71 billion during the quarter, compared to the consensus estimate of $2.78 billion. Holding Company had a positive return on equity of 11.44% and a negative net margin of 0.89%.

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%. (AMD) is -0.04 while the analysts predicted the EPS of the stock to be -0.04 suggesting the company fell short of the analysts' expectations.

J. C. Penney Company, Inc.is a holding company. Holding Company will post $0.47 earnings per share for the current year.

J. C. Penney Company, Inc is a holding company. "Holding Company's (JCP) "Sell" Rating Reaffirmed at Credit Suisse Group" was originally posted by Sports Perspectives and is owned by of Sports Perspectives. If you are accessing this news story on another domain, it was stolen and republished in violation of U.S. and global trademark & copyright law. The original version of this news story can be accessed at https://baseballnewssource.com/markets/quantbot-technologies-lp-takes-position-in-j-c-penney-company-inc-jcp-updated-updated-updated/801497.html.

JCP has been the topic of several recent research reports. Cambridge Investment Research Advisors reported 12,516 shares. J.C. Penney Company, Inc. Holding Company and gave the stock a "hold" rating in a research note on Saturday, February 25th. Zacks Investment Management stated it has 46,038 shares. The company was initiated on Tuesday, May 9 by Gordon Haskett. It fall, as 50 investors sold J C Penney Company Inc shares while 97 reduced holdings. Holding Company in a research note on Monday, May 22nd. Piper Jaffray Companies set a $7.00 price objective on J.C. Penney Company, Inc. Two investment analysts have rated the stock with a sell rating, sixteen have assigned a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. Holding Company from a "buy" rating to a "neutral" rating and set a $5.00 price target for the company.in a report on Monday, May 15th.

J. C. Penney Company, Inc is a holding company.

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