*Aristotle Fund LP Continues to Hold Stake in J.C. Penny Co INC (JCP)

June 27, 2018 - By Damon Whitfield

J. C. Penney Company, Inc. (NYSE:JCP) Corporate LogoBig Money Sentiment increased to 1.28 in Q1 2018. It has change of 0.46, from 2017Q4’s 0.82. The ratio increased due to JCP positioning: 25 sold and 62 reduced. 44 funds acquired positions and 67 increased positions. Investors holded 209.82 million in 2017Q4 but now own 204.54 million shares or 2.52% less. Stone Ridge Asset Mgmt Limited Liability Corp invested in 0% or 25,100 shs. Illinois-based Citadel Advsr Ltd Liability has invested 0% in J. C. Penney Company, Inc. (NYSE:JCP). Geode Capital Management Limited Liability holds 2.64M shs or 0% of its capital. Cordasco Fincl Ntwk accumulated 0% or 65 shs. Barclays Public Ltd Com accumulated 1.04M shs. State Of Tennessee Treasury Department, a Tennessee-based fund reported 222,027 shs. Glenmede Tru Commerce Na has 0% invested in J. C. Penney Company, Inc. (NYSE:JCP) for 2,000 shs. 765,581 are owned by Tiaa Cref Investment Mngmt Lc. Meyer Handelman Communications holds 27,192 shs. First Allied Advisory Svcs owns 17,900 shs or 0% of their US capital. Sei invested in 0% or 850 shs. Stevens Management LP accumulated 38,043 shs or 0% of the stock. Ls Invest Advsr Ltd Liability Co stated it has 0% in J. C. Penney Company, Inc. (NYSE:JCP). Old Natl Bankshares In stated it has 10,000 shs. Brandywine Inv Ltd Liability Corporation accumulated 26,201 shs.

In J.C. Penny Co Inc. (JCP) was increased the stake held by Aristotle Fund Lp. The reduction is 420.2% according to 2018Q1 SEC form. 3.83M shares were bought by Aristotle Fund Lp as the company’s stock declined 44.71% with the market. At the end of 2018Q1, the 4.74M shares of the consumer services company held by the hedge fund were valued at $14.31 million, up from 911,000 at the end of the previous reported quarter. Aristotle Fund Lp has cut its stake in and also reduced its holding in by shares in the quarter, for a total of shares.

For more J. C. Penney Company, Inc. (NYSE:JCP) news announced recently go to: Globenewswire.com, Fool.com, Fool.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “JCPenney Scores Big with Launch of Fanatics Shops” announced on June 07, 2018, “Why JC Penney, KB Home, and Boston Scientific Slumped Today” on June 13, 2018, “Why BlackBerry, JC Penney, and Splunk Slumped Today” with a publish date: June 22, 2018, “Lovesac prices IPO at $16/share, above range” and the last “JC Penney’s Turnaround Story Appears Bleak” with publication date: June 15, 2018.

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

In total 7 analysts cover JC Penney (NYSE:JCP). “Buy” rating has 0, “Sell” are 1, while 6 are “Hold”. 0 are bullish. With $4.0 highest and $2.5 lowest target JC Penney has $3.33 average target or 34.00% above the current ($2.485) price. 9 are the (NYSE:JCP)’s analyst reports since January 4, 2018 according to StockzIntelligence Inc. On Tuesday, January 23 the stock of J. C. Penney Company, Inc. (NYSE:JCP) earned “Hold” rating by Susquehanna. On Wednesday, January 10 Piper Jaffray maintained J. C. Penney Company, Inc. (NYSE:JCP) rating. Piper Jaffray has “Hold” rating and $4.0 target. On Thursday, January 4 the firm earned “Hold” rating by Jefferies. On Thursday, January 4 the company was maintained by Robert W. Baird. On Tuesday, May 22 the company was maintained by Piper Jaffray.

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

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