Citi Trends, Inc. (NASDAQ:CTRN) is expected to pay $0.06 on Dec 13, 2016. The indicated annual dividend is $0.24. Shareholders owning the stock before Nov 25, 2016 will be eligible to receive the payout. Based on Citi Trends, Inc.’s current price of $19.09, the dividend is 0.31%. This dividend’s record date is Nov 29, 2016 and the announcement date is Nov 17, 2016. The stock decreased 0.31% or $0.06 on November 23, hitting $19.09. About 167,085 shares traded hands or 92.80% up from the average. Citi Trends, Inc. (NASDAQ:CTRN) has risen 3.92% since April 22, 2016 and is uptrending. It has underperformed by 1.49% the S&P500.
Citi Trends, Inc. is a retailer of urban fashion apparel and accessories. The company has a market cap of $260.66 million. The Company’s segment is retail operations. It has a 24.69 P/E ratio. The Firm operates approximately 520 stores in both urban and rural markets in over 30 states.
Insitutional Activity: The institutional sentiment increased to 1.11 in 2016 Q2. Its up 0.24, from 0.87 in 2016Q1. The ratio improved, as 16 funds sold all Citi Trends, Inc. shares owned while 31 reduced positions. 10 funds bought stakes while 31 increased positions. They now own 13.23 million shares or 5.62% less from 14.01 million shares in 2016Q1.
Vanguard Group holds 552,952 shares or 0% of its portfolio. Acadian Asset Mgmt Ltd Liability accumulated 0% or 23,382 shares. Blackrock Institutional Trust Na accumulated 0% or 457,425 shares. Legal General Gp Public Limited Liability holds 2,912 shares or 0% of its portfolio. Ladenburg Thalmann Financial Serv owns 11 shares or 0% of their US portfolio. The New York-based Alliancebernstein L P has invested 0.02% in Citi Trends, Inc. (NASDAQ:CTRN). The Pennsylvania-based Nationwide Fund Advsr has invested 0% in Citi Trends, Inc. (NASDAQ:CTRN). Credit Suisse Ag has invested 0% of its portfolio in Citi Trends, Inc. (NASDAQ:CTRN). Bancorporation Of New York Mellon Corporation reported 89,650 shares or 0% of all its holdings. Rutabaga Cap Mngmt Ltd Liability Ma reported 141,466 shares or 0.41% of all its holdings. Waddell And Reed has invested 0.01% of its portfolio in Citi Trends, Inc. (NASDAQ:CTRN). Northpointe Cap Limited Liability last reported 0.32% of its portfolio in the stock. Stoneridge Invest Ptnrs Lc holds 0.03% of its portfolio in Citi Trends, Inc. (NASDAQ:CTRN) for 13,058 shares. Arbor Management Limited Liability Company owns 56,825 shares or 0.46% of their US portfolio. Blackrock Inv Management Limited Liability Company accumulated 62,696 shares or 0% of the stock.
Citi Trends, Inc. (NASDAQ:CTRN) Ratings Coverage
Out of 2 analysts covering Citi Trends (NASDAQ:CTRN), 0 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 0 are positive. $35 is the highest target while $20 is the lowest. The $26 average target is 36.20% above today’s ($19.09) stock price. Citi Trends has been the topic of 4 analyst reports since August 19, 2015 according to StockzIntelligence Inc. The rating was upgraded by Zacks to “Hold” on Friday, August 21. The firm earned “Neutral” rating on Monday, February 8 by M Partners. The rating was initiated by Sidoti on Tuesday, April 5 with “Neutral”.
Another recent and important Citi Trends, Inc. (NASDAQ:CTRN) news was published by Wsj.com which published an article titled: “Citi Trends Taps New CEO As Results Top Views” on March 13, 2015.
CTRN Company Profile
Citi Trends, Inc., incorporated on March 3, 1999, is a retailer of urban fashion apparel and accessories. The Company’s segment is retail operations. The Firm operates approximately 520 stores in both urban and rural markets in over 30 states. The Firm offers products under its brands, such as Citi Steps and Red Ape.
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