Were Analysts Bullish J. C. Penney Company, Inc. (NYSE:JCP) This Week?

August 9, 2018 - By Lisa Delgado

J. C. Penney Company, Inc. (NYSE:JCP) LogoInvestors sentiment increased to 1.28 in 2018 Q1. Its up 0.46, from 0.82 in 2017Q4. It increased, as 25 investors sold J. C. Penney Company, Inc. shares while 62 reduced holdings. 44 funds opened positions while 67 raised stakes. 204.54 million shares or 2.52% less from 209.82 million shares in 2017Q4 were reported.
10,300 are owned by Conning. Fifth Third Bancorp holds 2,296 shares or 0% of its portfolio. Northwestern Mutual Wealth Mgmt has 1,136 shares. Pinnacle Advisory Group accumulated 15,200 shares or 0% of the stock. Shellback Lp has invested 0.11% in J. C. Penney Company, Inc. (NYSE:JCP). Finance Architects owns 77,286 shares or 0.05% of their US portfolio. Alphamark Lc reported 0% of its portfolio in J. C. Penney Company, Inc. (NYSE:JCP). Quantitative Systematic Strategies Ltd Liability Com holds 94,435 shares. Gargoyle Inv Advisor Lc holds 0.05% or 39,000 shares. New York-based Shikiar Asset has invested 0.03% in J. C. Penney Company, Inc. (NYSE:JCP). Barclays Public Limited Company stated it has 1.04M shares or 0% of all its holdings. Virtu Financial Lc holds 0.04% of its portfolio in J. C. Penney Company, Inc. (NYSE:JCP) for 220,821 shares. The New York-based Stone Ridge Asset Mgmt Limited has invested 0% in J. C. Penney Company, Inc. (NYSE:JCP). Prudential Finance has 518,236 shares. Fmr Llc holds 0% or 13.71M shares in its portfolio.

J. C. Penney Company, Inc. (NYSE:JCP) Ratings Coverage

Among 5 analysts covering JC Penney (NYSE:JCP), 0 have Buy rating, 1 Sell and 4 Hold. Therefore 0 are positive. JC Penney had 5 analyst reports since March 2, 2018 according to SRatingsIntel. The company was maintained on Tuesday, May 22 by Piper Jaffray. Below is a list of J. C. Penney Company, Inc. (NYSE:JCP) latest ratings and price target changes.

07/06/2018 Broker: Susquehanna Old Rating: Neutral New Rating: Neutral Terminates
22/05/2018 Broker: Piper Jaffray Rating: Hold New Target: $3.0000 Maintain
18/05/2018 Broker: Morgan Stanley Rating: Hold New Target: $3.0000
12/03/2018 Broker: Credit Suisse Rating: Underperform New Target: $2.5 Initiates Coverage On
02/03/2018 Broker: Guggenheim Rating: Hold

The stock increased 1.89% or $0.045 during the last trading session, reaching $2.425. About 6.87M shares traded. J. C. Penney Company, Inc. (NYSE:JCP) has declined 50.64% since August 9, 2017 and is downtrending. It has underperformed by 63.21% the S&P500.

J. C. Penney Company, Inc., through its subsidiary J. The company has market cap of $762.16 million. C. It currently has negative earnings. Penney Corporation, Inc., sells merchandise through department stores.

More notable recent J. C. Penney Company, Inc. (NYSE:JCP) news were published by: Fool.com which released: “Is JC Penney Company, Inc. a Buy?” on August 03, 2018, also 247Wallst.com with their article: “JC Penney Takes a Run at Baby Market” published on August 09, 2018, Fool.com published: “JC Penney Rings Up Another Asset Sale” on July 25, 2018. More interesting news about J. C. Penney Company, Inc. (NYSE:JCP) were released by: Seekingalpha.com and their article: “JC Penney: Is Winter Over Yet?” published on August 09, 2018 as well as Globenewswire.com‘s news article titled: “JCPenney Launches Baby Shops in 500 Stores” with publication date: August 09, 2018.

J. C. Penney Company, Inc. (NYSE:JCP) Institutional Positions Chart

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