J.C. Penney Company Holding Company has a 5 year average dividend yield of 0.25%
J.C. Penney Company, Inc. Holding Company (NYSE:JCP) witnessed a decline in the market cap on Thursday as its shares dropped 3.83% or 0.28 points. After the session commenced at $7.34, the stock reached the higher end at $7.35 while it hit a low of $7. With the volume soaring to 19,210,149 shares, the last trade was called at $7.03. The company has a 52-week high of $11.99. The company has a market cap of $2,167 million and there are 308,299,670 shares in outstanding. The 52-week low of the share price is $6.35. J. C. Penney Company, Inc. has dropped 0.57% in the last five trading days, however, the shares have posted positive gains of 3.23% in the last 4 weeks. J. C. Penney Company, Inc. has dropped 22.92% during the last 3-month period . Year-to-Date the stock performance stands at -15.4%.
Currently the company Insiders own 1.28% of J.C. Penney Company, Inc. Holding Company shares according to the proxy statements. Institutional Investors own 85.7% of J.C. Penney Company, Inc. Holding Company shares. During last six month period, the net percent change held by insiders has seen a change of -15.1%. Company has reported several Insider transactions to the SEC, on Nov 21, 2016, John Joseph Iii Tighe (EVP, Chief Merchant) sold 38,756 shares at 9.33 per share price.On Aug 25, 2016, Marvin R Ellison (CEO) purchased 50,000 shares at 9.92 per share price.On May 17, 2016, Ronald W Tysoe (director) purchased 25,000 shares at 7.24 per share price.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.J C Penney Company Inc was Upgraded by Morgan Stanley to Equal-Weight on Feb 13, 2017. J C Penney Company Inc was Initiated by Susquehanna on Feb 10, 2017 to Positive, Price Target of the shares are set at $8.50.J C Penney Company Inc was Downgraded by Credit Suisse to Underperform on Jan 18, 2017. J C Penney Company Inc was Reiterated by Telsey Advisory Group on Jan 9, 2017 to Outperform, Lowers Price Target to $ 11 from a previous price target of $13 .J C Penney Company Inc was Upgraded by BofA/Merrill to Buy on Dec 2, 2016.
J C Penney Company Inc Last issued its quarterly earnings results on Nov 11, 2016. The company reported $-0.21 EPS for the quarter, missing the analyst consensus estimate by $ -0.01. Analyst had a consensus of $-0.20. The company had revenue of $2857.00 million for the quarter, compared to analysts expectations of $2949.78 million. The companys revenue was down -1.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.45 EPS.
JCPenney is one of Americas leading retailers, operating department stores throughout the United States and Puerto Rico, as well as one of the largest apparel and home furnishing sites on the Internet, jcp.com, and the nations largest general merchandise catalog business. Through these integrated channels, JCPenney offers a wide array of national, private and exclusive brands.