Tighe John Joseph III now owns 218,439 shares in the company after this transaction.
21 analysts projected Price Targets for J. C. Penney Company, Inc.
Several other hedge funds also recently modified their holdings of the stock. Finally, B. Riley reiterated a buy rating and set a $12.00 price target on shares of J.C. Penney Company, Inc. Holding Company by 0.5% in the third quarter. Lebenthal Asset Management LLC bought a new stake in J.C. Penney Company, Inc.
The Average Volume of the company is 20.34 Million, while the Relative Volume of the company is 1. Calvert Investment Management Inc. now owns 17,587 shares of the department store operator's stock worth $156,000 after buying an additional 324 shares during the period. Finally, Westport Resources Management Inc. boosted its stake in J.C. Penney Company, Inc. Holding Company by 3.5% in the second quarter. The return on equity ratio or ROE stands at 9.8 percent while most common profitability ratio return on investment (ROI) was 4.5 percent. Elkfork Partners LLC purchased a new position in J.C. Penney Company, Inc.
General Electric Company (NYSE:GE) tinted gains of +0.44% (+0.13 points) to US$29.72. Holding Company by 1.5% in the second quarter.
The stock is getting much attention these days as insiders are offloading shares while they posted a -14.08% fall year to date. The company's shares were closed at $7.14. Holding Company (NYSE:JCP) traded up 0.360% on Wednesday, hitting $6.975. The stock's current distance from 20-Day Simple Moving Average (SMA20) is 5.46% where SMA50 and SMA200 are -11.4% and -18.42% respectively. The firm's 50-day moving average is $7.22 and its 200-day moving average is $8.88. J.C. Penney Company, Inc.
J C Penney Company Inc (NYSE:JCP) have shown a low EPS growth of -25.00% in the last 5 years and has earnings growth of 42.20% yoy. The department store operator reported ($0.21) EPS for the quarter, hitting the consensus estimate of ($0.21). The company had revenue of $2857.00 million for the quarter, compared to analysts expectations of $2949.78 million. The firm's revenue was down 1.4% compared to the same quarter a year ago. For the past 5 years, the company's revenue has grown -6.6%, while the company's earnings per share has grown -25%. Inc. climbed 1.1% in morning trade Monday, after Morgan Stanley backed off from the bearish stance it had on the discount department store chain for the past several years.
JCP has been the subject of a number of other reports. At present, 10 analysts recommended Holding these shares while 3 recommended sell, according to FactSet data. Holding Company in a research report on Monday, January 9th. (NYSE:JCP) share price Jumped 0.99% to reach $7.14 during the last trading session. Guggenheim initiated coverage on shares of J.C. Penney Company, Inc. Holding Company in a research note on Monday, December 5th. Holding Company and gave the company a "buy" rating in a report on Friday, November 11th. The Company's operating subsidiary is J. C. Penney Corporation, Inc (JCP). A refresh of our model and Bull/Base/Bear scenarios yield a new $7 price target (vs. prior $8) and $12 Bull case/$2 Bear case values, implying 1:1 risk-reward skew.
Based on current stock levels, J. C. Penney Company, Inc. shares are trading -33.52% off of the 50-day high and 12.44% away from the 50-day low. Holding Company in a report on Thursday, October 20th.