Large J.C. Penney investors capitulating

|About: J.C. Penney Company Inc. (JCP)|By:, SA News Editor

J.C. Penney (JCP) is seeing more institutional investors throw in the towel with shares in a prolonged downward spiral. according to new SEC filings.

Hotckins & Wiley Capital Management, Dodge & Cox, and Hayman Capital have all exited their large JCP positions while Evercore Trust has lowered its stake in the retailer to 4.12% from 5.33%.

SEC 13G filings