Encompass Health (EHC) Forms $56.85 Double Top; J.C. Penney Company Holding Company (JCP) Shorts Decreased By 11.84%

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

Encompass Health Corporation (EHC) formed double top with $60.83 target or 7.00% above today’s $56.85 share price. Encompass Health Corporation (EHC) has $5.58B valuation. The stock decreased 0.68% or $0.39 during the last trading session, reaching $56.85. About 565,685 shares traded. Encompass Health Corporation (NYSE:EHC) has risen 32.77% since April 15, 2017 and is uptrending. It has outperformed by 21.22% the S&P500.

J.C. Penney Company Inc Holding Company (NYSE:JCP) had a decrease of 11.84% in short interest. JCP’s SI was 115.73M shares in April as released by FINRA. Its down 11.84% from 131.28 million shares previously. With 11.70M avg volume, 10 days are for J.C. Penney Company Inc Holding Company (NYSE:JCP)’s short sellers to cover JCP’s short positions. The SI to J.C. Penney Company Inc Holding Company’s float is 39.43%. The stock decreased 3.12% or $0.1 during the last trading session, reaching $3.11. About 14.34M shares traded. J. C. Penney Company, Inc. (NYSE:JCP) has declined 48.12% since April 14, 2017 and is downtrending. It has underperformed by 59.67% the S&P500.

Analysts await Encompass Health Corporation (NYSE:EHC) to report earnings on April, 26. They expect $0.81 EPS, up 15.71% or $0.11 from last year’s $0.7 per share. EHC’s profit will be $79.49M for 17.55 P/E if the $0.81 EPS becomes a reality. After $0.70 actual EPS reported by Encompass Health Corporation for the previous quarter, Wall Street now forecasts 15.71% EPS growth.

Among 29 analysts covering J.C. Penney Company (NYSE:JCP), 3 have Buy rating, 5 Sell and 21 Hold. Therefore 10% are positive. J.C. Penney Company had 85 analyst reports since July 22, 2015 according to SRatingsIntel. Piper Jaffray maintained J. C. Penney Company, Inc. (NYSE:JCP) on Tuesday, August 4 with “Buy” rating. Citigroup maintained J. C. Penney Company, Inc. (NYSE:JCP) rating on Monday, May 16. Citigroup has “Neutral” rating and $8 target. The company was initiated on Monday, February 22 by Cowen & Co. The firm has “Underweight” rating given on Tuesday, August 18 by Morgan Stanley. On Friday, April 7 the stock rating was maintained by Jefferies with “Hold”. B. Riley & Co maintained the shares of JCP in report on Tuesday, July 11 with “Hold” rating. The stock of J. C. Penney Company, Inc. (NYSE:JCP) earned “Hold” rating by Craig Hallum on Friday, August 11. Jefferies maintained J. C. Penney Company, Inc. (NYSE:JCP) on Friday, August 11 with “Hold” rating. The company was maintained on Monday, August 14 by Citigroup. B. Riley & Co maintained it with “Neutral” rating and $3.8 target in Monday, October 30 report.

Investors sentiment decreased to 0.82 in Q4 2017. Its down 0.37, from 1.19 in 2017Q3. It dived, as 47 investors sold J. C. Penney Company, Inc. shares while 68 reduced holdings. 39 funds opened positions while 55 raised stakes. 209.82 million shares or 5.58% less from 222.21 million shares in 2017Q3 were reported. 285,343 are held by State Of Tennessee Treasury Department. Moreover, Syntal Capital Ltd Llc has 0.04% invested in J. C. Penney Company, Inc. (NYSE:JCP) for 40,000 shares. Artisan L P owns 127,250 shares or 0% of their US portfolio. Pomelo Capital Limited reported 0.41% stake. Rafferty Asset Mngmt Limited Liability Company has invested 0.01% in J. C. Penney Company, Inc. (NYSE:JCP). Ww Asset Management reported 0% stake. Thompson Davis And, Virginia-based fund reported 200 shares. The Germany-based Commerzbank Aktiengesellschaft Fi has invested 0.02% in J. C. Penney Company, Inc. (NYSE:JCP). Stone Ridge Asset Mgmt Lc accumulated 14,200 shares. 25,000 were reported by Shikiar Asset Management. The Nebraska-based Ameritas Inv Inc has invested 0% in J. C. Penney Company, Inc. (NYSE:JCP). Texas Permanent School Fund holds 0.01% of its portfolio in J. C. Penney Company, Inc. (NYSE:JCP) for 210,293 shares. Regions Corporation invested in 435 shares or 0% of the stock. Northern Tru reported 3.60 million shares. Hodges Cap Mngmt stated it has 3.49M shares.

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