Analysts See $-0.07 EPS for J C Penney Company (JCP), Brookfield Asset Management Has Trimmed By $6.08 Million Its Enbridge Energy Partners LP (EEP) Stake

July 18, 2017 - By test

Brookfield Asset Management Inc decreased Enbridge Energy Partners LP (EEP) stake by 11.99% reported in 2016Q4 SEC filing. Brookfield Asset Management Inc sold 243,000 shares as Enbridge Energy Partners LP (EEP)’s stock declined 3.34%. The Brookfield Asset Management Inc holds 1.78M shares with $45.45 million value, down from 2.03M last quarter. Enbridge Energy Partners LP now has $5.61B valuation. It closed at $16.41 lastly. It is down 18.43% since July 18, 2016 and is downtrending. It has underperformed by 35.13% the S&P500.

Analysts expect J C Penney Company Inc (NYSE:JCP) to report $-0.07 EPS on August, 11.They anticipate $0.02 EPS change or 40.00% from last quarter’s $-0.05 EPS. After having $0.06 EPS previously, J C Penney Company Inc’s analysts see -216.67% EPS growth. It closed at $5.1 lastly. It is down 40.00% since July 18, 2016 and is downtrending. It has underperformed by 56.70% the S&P500.

Investors sentiment decreased to 0.98 in Q4 2016. Its down 0.09, from 1.07 in 2016Q3. It dropped, as 50 investors sold J C Penney Company Inc shares while 97 reduced holdings. 57 funds opened positions while 87 raised stakes. 247.74 million shares or 5.69% less from 262.69 million shares in 2016Q3 were reported. Kcg holds 0.05% in J C Penney Company Inc (NYSE:JCP) or 240,985 shares. North Carolina-based Wedge Cap Management L Lp Nc has invested 0% in J C Penney Company Inc (NYSE:JCP). Creative Planning reported 0% stake. Goldman Sachs Group holds 4.38M shares or 0.01% of its portfolio. Cibc Asset Mngmt stated it has 0% in J C Penney Company Inc (NYSE:JCP). Ameriprise Fin has invested 0% in J C Penney Company Inc (NYSE:JCP). Janus Cap Mgmt Limited Liability Company reported 106,100 shares. Princeton Alpha Mngmt Ltd Partnership has invested 0.15% of its portfolio in J C Penney Company Inc (NYSE:JCP). Davenport Ltd Liability reported 10,500 shares or 0% of all its holdings. Campbell And Investment Adviser Limited holds 0.28% or 11,120 shares. Mason Street Advsr accumulated 0.03% or 143,890 shares. Tcw Group accumulated 16.62M shares. Millennium Llc holds 0% of its portfolio in J C Penney Company Inc (NYSE:JCP) for 88,983 shares. Rhumbline Advisers has invested 0.01% of its portfolio in J C Penney Company Inc (NYSE:JCP). Buckingham Cap Incorporated holds 0.33% or 300,000 shares.

J. C. Penney Company, Inc. is a holding company. The company has market cap of $1.63 billion. The Company’s business consists of selling merchandise and services to clients through its department stores and its Website at jcpenney.com. It currently has negative earnings. The Company’s department stores and Website generally serve the same type of customers, its Website offers virtually the same mix of merchandise as its store assortment and other categories, and its department stores generally accept returns from sales made in stores and through its Website.

Among 26 analysts covering J.C. Penney Company (NYSE:JCP), 6 have Buy rating, 4 Sell and 16 Hold. Therefore 23% are positive. J.C. Penney Company had 50 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was maintained by Jefferies with “Hold” on Tuesday, June 20. The stock has “Neutral” rating by Citigroup on Tuesday, January 5. The stock has “Hold” rating by BMO Capital Markets on Monday, July 10. Imperial Capital maintained J C Penney Company Inc (NYSE:JCP) rating on Thursday, August 27. Imperial Capital has “Underperform” rating and $5 target. The stock of J C Penney Company Inc (NYSE:JCP) has “Underweight” rating given on Monday, May 16 by Morgan Stanley. As per Tuesday, May 9, the company rating was initiated by Gordon Haskett. As per Monday, August 31, the company rating was upgraded by Deutsche Bank. The firm has “Sell” rating by UBS given on Monday, May 16. The firm has “Neutral” rating given on Thursday, December 10 by Nomura. As per Monday, August 17, the company rating was initiated by B. Riley & Co.

Brookfield Asset Management Inc increased Ddr Corp (NYSE:DDR) stake by 739,000 shares to 1.62 million valued at $24.78M in 2016Q4. It also upped Mplx Lp (NYSE:MPLX) stake by 269,060 shares and now owns 1.31M shares. Avalonbay Cmnts Inc (NYSE:AVB) was raised too.

Investors sentiment decreased to 0.83 in 2016 Q4. Its down 0.32, from 1.15 in 2016Q3. It worsened, as 35 investors sold EEP shares while 74 reduced holdings. 22 funds opened positions while 68 raised stakes. 137.87 million shares or 2.92% less from 142.02 million shares in 2016Q3 were reported. Moreover, Community Bankshares Na has 0% invested in Enbridge Energy Partners, L.P. (NYSE:EEP). American Registered Inv Advisor invested in 15,525 shares or 0.18% of the stock. Argent Tru Co owns 0.13% invested in Enbridge Energy Partners, L.P. (NYSE:EEP) for 17,908 shares. Cohen Cap Mngmt accumulated 157,976 shares or 1.1% of the stock. Commonwealth Of Pennsylvania Pub School Empls Retrmt System reported 2.28 million shares. 30,397 are owned by Evercore Wealth Limited Liability. First Interstate Bancorporation accumulated 2,096 shares. Fcm Invests Tx owns 1,000 shares. Utd Cap Advisers Ltd Com invested in 0.01% or 27,532 shares. Summit Equities Inc invested 0.28% in Enbridge Energy Partners, L.P. (NYSE:EEP). Novare Cap Management Ltd Liability Corporation owns 109,975 shares. Clearbridge Invests Ltd Liability Company reported 11.87 million shares. Cibc Asset Mgmt has invested 0% in Enbridge Energy Partners, L.P. (NYSE:EEP). Sandy Spring Bancorp reported 0.01% stake. Raymond James Services stated it has 125,458 shares or 0.03% of all its holdings.

Among 18 analysts covering Enbridge Energy Partners (NYSE:EEP), 7 have Buy rating, 0 Sell and 11 Hold. Therefore 39% are positive. Enbridge Energy Partners had 38 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Wells Fargo with “Market Perform” on Monday, April 3. The firm earned “Underweight” rating on Thursday, February 25 by Morgan Stanley. FBR Capital maintained Enbridge Energy Partners, L.P. (NYSE:EEP) on Tuesday, January 31 with “Outperform” rating. The firm has “Equal-Weight” rating by Barclays Capital given on Monday, October 12. The stock has “Neutral” rating by Mizuho on Monday, January 30. JP Morgan reinitiated the shares of EEP in report on Friday, June 23 with “Neutral” rating. Credit Suisse downgraded the stock to “Neutral” rating in Thursday, March 17 report. National Bank Canada downgraded the shares of EEP in report on Wednesday, January 25 to “Sector Perform” rating. Goldman Sachs downgraded Enbridge Energy Partners, L.P. (NYSE:EEP) rating on Wednesday, July 20. Goldman Sachs has “Sell” rating and $20 target. The company was maintained on Friday, April 7 by Credit Suisse.

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