Staley Capital Advisers Increased By $1.12 Million Its Amerisourcebergen (ABC) Holding; J C Penney Co (JCP)’s Sentiment Is 0.79

December 7, 2017 - By Winifred Garcia

Staley Capital Advisers Inc increased Amerisourcebergen (ABC) stake by 380.46% reported in 2017Q2 SEC filing. Staley Capital Advisers Inc acquired 11,935 shares as Amerisourcebergen (ABC)’s stock declined 1.76%. The Staley Capital Advisers Inc holds 15,072 shares with $1.43 million value, up from 3,137 last quarter. Amerisourcebergen now has $18.75 billion valuation. The stock increased 0.12% or $0.1 during the last trading session, reaching $85.99. About 1.52M shares traded. AmerisourceBergen Corporation (NYSE:ABC) has risen 18.80% since December 7, 2016 and is uptrending. It has outperformed by 2.10% the S&P500.

J. C. Penney Company, Inc., through its subsidiary J. The company has market cap of $1.04 billion. C. It currently has negative earnings. Penney Corporation, Inc., sells merchandise through department stores.

Among 18 analysts covering AmerisourceBergen (NYSE:ABC), 9 have Buy rating, 0 Sell and 9 Hold. Therefore 50% are positive. AmerisourceBergen had 58 analyst reports since July 27, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, August 27 by Zacks. The firm has “Outperform” rating given on Tuesday, October 10 by Cowen & Co. The stock has “Neutral” rating by Mizuho on Wednesday, November 18. The stock of AmerisourceBergen Corporation (NYSE:ABC) earned “Buy” rating by Needham on Friday, November 3. On Monday, August 7 the stock rating was maintained by Leerink Swann with “Buy”. As per Tuesday, October 24, the company rating was maintained by Mizuho. On Thursday, November 10 the stock rating was upgraded by Morgan Stanley to “Overweight”. The company was maintained on Thursday, July 27 by Jefferies. The firm earned “Buy” rating on Tuesday, April 4 by Needham. The rating was maintained by Robert W. Baird with “Buy” on Monday, November 6.

Hodges Capital Management Inc. holds 2.21% of its portfolio in J. C. Penney Company, Inc. for 8.01 million shares. First Dallas Securities Inc. owns 478,750 shares or 1.63% of their US portfolio. Moreover, Orca Investment Management Llc has 1.2% invested in the company for 276,464 shares. The New York-based Armistice Capital Llc has invested 1.07% in the stock. Pomelo Capital Llc, a New York-based fund reported 2.62 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 191.92% above today’s ($3.34) share price. JCP was included in 6 notes of analysts from September 30, 2016. The firm has “Outperform” rating by Telsey Advisory given on Monday, January 9. On Friday, February 10 the stock rating was initiated by Susquehanna with “Positive”. The firm has “Equal-Weight” rating by Morgan Stanley given on Monday, February 13. The stock of J. C. Penney Company, Inc. (NYSE:JCP) has “Buy” rating given on Friday, December 2 by Bank of America. On Friday, September 30 the stock rating was initiated by Guggenheim with “Neutral”. The firm has “Underperform” rating given on Wednesday, January 18 by Credit Suisse.

The stock increased 1.21% or $0.04 during the last trading session, reaching $3.34. About 11.44 million shares traded. J. C. Penney Company, Inc. (JCP) has declined 40.00% since December 7, 2016 and is downtrending. It has underperformed by 56.70% the S&P500.

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