(JCP) Given Average Recommendation of "Hold" by Analysts

Holding's FY2019 earnings at $0.25 EPS. Holding Company (NYSE:JCP) updated its third quarter earnings guidance on Friday. (JCP) surprised the stock market in its last reported earnings when it earned -$0.33 a piece versus the consensus-estimated -$0.42. JCP institutional ownership is held at 72.3% while insider ownership was 1.9%. The company had revenue of $2.81 billion during the quarter, compared to analysts' expectations of $2.77 billion. Analysts are forecasting earnings of $0.49 on a per share basis this quarter. Holding's revenue for the quarter was down 1.8% compared to the same quarter a year ago. COPYRIGHT VIOLATION WARNING: This news story was originally published by StockNewsTimes and is owned by of StockNewsTimes. If you are accessing this report on another site, it was copied illegally and reposted in violation of global trademark and copyright law.

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JCP has been the topic of several other research reports. Finally, Ameriprise Financial Inc. boosted its stake in shares of J.C. Penney Company, Inc. This is a crucial indicator investors watch as higher ratios compared to peers, would suggest higher future earnings growth potential for the stock.

Valuation Ratios of J.C. Penney Company, Inc. Holding in a research report on Thursday, August 3rd. Holding in a research note on Wednesday, August 16th.


Ratings analysis reveals 50% of J. C. Penney's analysts are positive. Holding from a "buy" rating to a "hold" rating in a research note on Saturday, August 12th. Finally, BidaskClub raised shares of J.C. Penney Company, Inc. Three investment analysts have rated the stock with a sell rating, twenty have given a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. At the moment, the average analyst rating for JCP is Hold. Holding (NYSE:JCP) traded down $0.22 during trading hours on Tuesday, hitting $2.95. The stock exchanged hands with 20,833,319 numbers of shares compared to its average daily volume of 19.16M shares. (JCP) has made a move of -12.98% over the past month, which has come on Strong relative transaction volume.

The most current P/E ratio is N/A and market cap is 1.01B. The Russell 2000index of smaller-company stocks gave up 6 points, or 0.5 percent, to 1,468. Holding news, Director Javier G. Teruel purchased 135,135 shares of the stock in a transaction that occurred on Tuesday, August 22nd. 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. Following the transaction, the chairman now directly owns 2,852,280 shares of the company's stock, valued at $9,925,934.40. The stock of Target Corporation (NYSE:TGT) has "Buy" rating given on Monday, November 9 by Citigroup. Legg Mason Asset Management Japan acquired 17,900 shares as Target Corp (TGT)'s stock declined 14.90%. Following the transaction, the director now directly owns 68,123 shares in the company, valued at $246,605.26. The disclosure for this purchase can be found here. There has been an observed change of 5.54% in the ownership of the shares in the past six months.

The Details: J. C. Penney Company, Inc. Holding by 12.8% during the 1st quarter. BMO Capital Markets lowered their price objective on shares of J.C. Penney Company, Inc. Holding by 502.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,629,688 shares of the department store operator's stock worth $7,577,000 after purchasing an additional 789,312 shares during the last quarter. Among active positions in the latest quarter, 126 holders increased their positions by a total of 47.02 million shares, 143 holders decreased the positions by a total of 49.35 million shares, and 54 holders held their positions. Holding by 13.9% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 16,721 shares of the department store operator's stock worth $103,000 after acquiring an additional 4,205 shares during the period. Holding during the 2nd quarter worth about $190,000. The stock has shown quarterly performance of -12.72% and a half-year performance stands at -29.91%. US Bancorp DE now owns 63,629 shares of the department store operator's stock valued at $296,000 after acquiring an additional 1,054 shares during the last quarter.

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