Aristotle Fund LP Increased Its J.C. Penny Co INC (JCP) Stake by $11.48 Million as Shares Declined

June 27, 2018 - By Charla Downs

J. C. Penney Company, Inc. (NYSE:JCP) Corporate LogoDuring Q1 2018 the big money sentiment increased to 1.28. That’s change of 0.46, from 2017Q4’s 0.82. 25 investors sold all, 62 reduced holdings as JCP ratio is positive. 67 increased stakes while 44 funds acquired stakes. Funds hold 204.54 million shares thus 2.52% less from 2017Q4’s 209.82 million shares. Engineers Gate Manager LP holds 0.01% or 36,072 shs in its capital. Bluecrest Capital Mngmt Limited invested in 106,575 shs or 0.01% of the stock. Tower Cap Ltd Liability Corporation (Trc) invested in 600 shs. Lpl Fincl Limited Liability Co holds 0% of its capital in J. C. Penney Company, Inc. (NYSE:JCP) for 67,207 shs. 65 were reported by Cordasco Fincl Network. Parametric Port Associates Ltd Liability Corporation, Washington-based fund reported 1.79 million shs. Css Ltd Il invested in 27,000 shs or 0% of the stock. Northwestern Mutual Wealth Mngmt holds 0% of its capital in J. C. Penney Company, Inc. (NYSE:JCP) for 1,136 shs. Financial Architects reported 77,286 shs. 8,203 are owned by Pnc Financial Services Gp Inc. Commerzbank Aktiengesellschaft Fi invested 0.03% in J. C. Penney Company, Inc. (NYSE:JCP). Ims Capital Mngmt has 57,019 shs for 0.11% of their capital. Moreover, Stone Ridge Asset Limited Liability has 0% invested in J. C. Penney Company, Inc. (NYSE:JCP) for 25,100 shs. Zurcher Kantonalbank (Zurich Cantonalbank) stated it has 0% in J. C. Penney Company, Inc. (NYSE:JCP). Cibc Asset reported 44,301 shs.

In J.C. Penny Co Inc. (JCP) was increased the holdings held by Aristotle Fund Lp. The reduction is 420.2% according to 2018Q1 Securities and Exchange filling. The company’s stock declined 44.71% with the market as Aristotle Fund Lp bought 3.83M shares. The consumer services company announced $14.31M value for the 2018Q1. Now the hedge fund is holding 4.74 million shares, compared to the 911,000 from the previous quarter. For a total of shares it reduced its holding in by shares in the quarter, and has cut its stake in .

For more J. C. Penney Company, Inc. (NYSE:JCP) news published recently go to: Fool.com, Seekingalpha.com, Fool.com, Seekingalpha.com or Fool.com. The titles are as follows: “On the Brink, JC Penney Finally Realizes It Doesn’t Need 3 Corporate Jets” published on June 27, 2018, “JC Penney’s Turnaround Story Appears Bleak” on June 15, 2018, “After CEO Jumps Ship, Can JC Penney Stay Afloat?” with a publish date: May 30, 2018, “A Look At JC Penney’s Revolver Situation” and the last “Why JC Penney, KB Home, and Boston Scientific Slumped Today” with publication date: June 13, 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, May 22 the stock of J. C. Penney Company, Inc. (NYSE:JCP) has “Hold” rating given by Piper Jaffray. The stock rating was maintained by Susquehanna with “Hold” on Tuesday, January 23. On Wednesday, January 10 the stock of J. C. Penney Company, Inc. (NYSE:JCP) earned “Hold” rating by Piper Jaffray. On Thursday, January 4 the stock has “Hold” rating by Robert W. Baird. The stock rating was maintained by Jefferies with “Hold” on Thursday, January 4.

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

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