J. C. Penney Company, Inc., through its subsidiary J. The company has market cap of $1.24 billion. C. It currently has negative earnings. Penney Corporation, Inc., sells merchandise through department stores.
Ironwood Investment Counsel Llc decreased Cisco Systems Inc (CSCO) stake by 7.38% reported in 2017Q3 SEC filing. Ironwood Investment Counsel Llc sold 14,127 shares as Cisco Systems Inc (CSCO)’s stock declined 7.50%. The Ironwood Investment Counsel Llc holds 177,361 shares with $5.97 million value, down from 191,488 last quarter. Cisco Systems Inc now has $205.95 billion valuation. The stock increased 0.90% or $0.37 during the last trading session, reaching $41.66. About 23.00 million shares traded or 10.10% up from the average. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 13.20% since January 23, 2017 and is uptrending. It has underperformed by 3.50% the S&P500.
Contrarian Capital Management L.L.C. holds 2.58% of its portfolio in J. C. Penney Company, Inc. for 5.52 million shares. First Dallas Securities Inc. owns 492,825 shares or 1.3% of their US portfolio. Moreover, Hodges Capital Management Inc. has 1.17% invested in the company for 4.54 million shares. The New York-based Buckingham Capital Management Inc has invested 0.53% in the stock. Pomelo Capital Llc, a New York-based fund reported 2.92 million shares.
Ratings analysis reveals 50% of J. C. Penney’s analysts are positive. Out of 6 Wall Street analysts rating J. C. Penney, 3 give it “Buy”, 1 “Sell” rating, while 2 recommend “Hold”. The lowest target is $8.5 while the high is $11.0. The stock’s average target of $9.75 is 144.36% above today’s ($3.99) share price. JCP was included in 6 notes of analysts from September 30, 2016. Guggenheim initiated the shares of JCP in report on Friday, September 30 with “Neutral” rating. On Friday, December 2 the stock rating was upgraded by Bank of America to “Buy”. On Wednesday, January 18 the stock rating was downgraded by Credit Suisse to “Underperform”. The stock has “Equal-Weight” rating by Morgan Stanley on Monday, February 13. Susquehanna initiated J. C. Penney Company, Inc. (NYSE:JCP) rating on Friday, February 10. Susquehanna has “Positive” rating and $8.5 target. The stock of J. C. Penney Company, Inc. (NYSE:JCP) has “Outperform” rating given on Monday, January 9 by Telsey Advisory.
Analysts await J. C. Penney Company, Inc. (NYSE:JCP) to report earnings on February, 23. They expect $0.42 EPS, down 34.38% or $0.22 from last year’s $0.64 per share. JCP’s profit will be $130.84M for 2.38 P/E if the $0.42 EPS becomes a reality. After $-0.33 actual EPS reported by J. C. Penney Company, Inc. for the previous quarter, Wall Street now forecasts -227.27% EPS growth.
It closed at $3.99 lastly. It is down 40.00% since January 23, 2017 and is downtrending. It has underperformed by 56.70% the S&P500.
Since August 23, 2017, it had 0 buys, and 7 sales for $23.51 million activity. Robbins Charles sold $3.89M worth of stock or 121,390 shares. On Thursday, December 14 BARTZ CAROL sold $7.59 million worth of Cisco Systems, Inc. (NASDAQ:CSCO) or 200,000 shares. Shares for $7.79 million were sold by CHAMBERS JOHN T. Shares for $740,883 were sold by Walker Karen. 15,230 shares were sold by MCGEARY RODERICK C, worth $578,740 on Thursday, December 14. 25,638 shares were sold by BHATT PRAT, worth $821,900 on Monday, September 11. CHANDLER MARK D sold $2.11M worth of stock or 65,000 shares.
Investors sentiment decreased to 1.02 in 2017 Q3. Its down 0.16, from 1.18 in 2017Q2. It dived, as 74 investors sold CSCO shares while 637 reduced holdings. 107 funds opened positions while 619 raised stakes. 3.60 billion shares or 0.03% more from 3.60 billion shares in 2017Q2 were reported. Bath Savings has invested 0.2% in Cisco Systems, Inc. (NASDAQ:CSCO). Martingale Asset Management Limited Partnership owns 66,369 shares for 0.03% of their portfolio. Dumont & Blake Inv Advisors Limited Liability has 57,498 shares for 0.83% of their portfolio. Quantitative Inv Mgmt Lc invested in 0.92% or 2.40 million shares. Peak Asset Mngmt Limited Liability has 182,877 shares. Redmond Asset Mgmt Ltd Liability holds 0.67% or 43,669 shares in its portfolio. Wealth Architects Lc owns 9,128 shares. 11,080 were accumulated by Weybosset Ltd Limited Liability Company. Wellington Shields & Co Ltd Liability holds 42,174 shares. Kanawha Cap Lc reported 1.15% in Cisco Systems, Inc. (NASDAQ:CSCO). Paragon Capital Mngmt Ltd Liability Corp owns 348,217 shares or 3.93% of their US portfolio. Platinum Investment Mngmt Ltd invested in 35,700 shares. Stewart And Patten Co Limited Co, a California-based fund reported 11,104 shares. Williams Jones & Assoc Ltd Liability Corporation has invested 0.44% in Cisco Systems, Inc. (NASDAQ:CSCO). Btc Mgmt accumulated 0.99% or 164,357 shares.
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