Blume Capital Management Lowered Range Resources (RRC) Position; Shorts at Kirklands (KIRK) Raised By 2.75%

June 15, 2018 - By Ash

Range Resources Corporation (NYSE:RRC) Logo

Kirklands Inc (NASDAQ:KIRK) had an increase of 2.75% in short interest. KIRK’s SI was 1.62M shares in June as released by FINRA. Its up 2.75% from 1.58M shares previously. With 264,300 avg volume, 6 days are for Kirklands Inc (NASDAQ:KIRK)’s short sellers to cover KIRK’s short positions. The SI to Kirklands Inc’s float is 11.59%. The stock increased 0.16% or $0.02 during the last trading session, reaching $12.46. About 22,062 shares traded. Kirkland's, Inc. (NASDAQ:KIRK) has risen 17.56% since June 15, 2017 and is uptrending. It has outperformed by 4.99% the S&P500. Some Historical KIRK News: ; 17/04/2018 – Investor Expectations to Drive Momentum within Kirkland’s, The Walt Disney, The Kraft Heinz, Southwestern Energy, QTS Realty Tr; 05/04/2018 – KIRKLAND’S INC – MICHAEL B. CAIRNES, EVP AND COO, WILL SERVE AS ACTING CEO; 16/03/2018 – Kirkland’s 4th-Quarter Same-Store Sales Rose 2%; 17/04/2018 – Kirkland’s And Trisha Yearwood Launch Exclusive Collection; 04/04/2018 – USGS: M 2.2 – 2km ESE of Kirkland, Washington; 05/04/2018 – Kirkland’s: W. Michael Madden Resigns as President and CEO; 05/04/2018 – West Kirkland Reports New Target Outlined with Surface Gold Values Near Hasbrouck Project, Tonopah, Nevada; 22/05/2018 – West Kirkland Reports 43m of 3.40 grams per tonne at surface Near Hasbrouck Project, Tonopah, Nevada; 13/04/2018 – MOVES-Cravath M&A litigator Goldstein leaves for Kirkland & Ellis; 16/03/2018 – KIRKLAND’S SEES FY EPS 50C TO 60C, EST. 50C

Blume Capital Management Inc decreased Range Resources (RRC) stake by 63.84% reported in 2018Q1 SEC filing. Blume Capital Management Inc sold 157,560 shares as Range Resources (RRC)’s stock rose 12.18%. The Blume Capital Management Inc holds 89,250 shares with $1.30 million value, down from 246,810 last quarter. Range Resources now has $3.96B valuation. The stock increased 0.80% or $0.13 during the last trading session, reaching $16.28. About 2.39 million shares traded. Range Resources Corporation (NYSE:RRC) has declined 36.11% since June 15, 2017 and is downtrending. It has underperformed by 48.68% the S&P500. Some Historical RRC News: ; 25/04/2018 – Range Resources 1Q Net $49.2M; 14/03/2018 – SILVER RANGE RESOURCES LTD. ANNOUNCES PRIVATE PLACEMENT AND GRANTS OPTIONS; 23/04/2018 – RRC of Texas: RRC Accepting Informal Comments on Amendments to LP-Gas Safety Rules; 25/04/2018 – RANGE RESOURCES – INCIDENT CAUSED BY ILLEGAL DRILLING OPERATIONS OF A NEW WELL UNDERTAKEN BY LOCAL RESIDENTS WHICH HAS CAUSED A BLOWOUT AND FIRE; 17/04/2018 – Pennsylvania sets up grant program with ETP Mariner East 2 fine; 25/04/2018 – RANGE RESOURCES 1Q ADJ REV $765.5M, EST. $685.1M; 30/04/2018 – Range Resources at AllianceBernstein Conference May 30; 27/03/2018 – RRC of Texas: Chairman Craddick Furthers Efficiency, Modernization of RRC – Releases Texas Oilfield Relief Initiative Phase Two; 24/04/2018 – US OIL & GAS EXPLORATION & PRODUCTION : CREDIT SUISSE SAYS EQT CORP AND RANGE RESOURCES CORP ARE TOP GAS PICKS; 26/04/2018 – RRC of Texas: RRC Announces Update to Completions Query

Investors sentiment increased to 1.17 in Q1 2018. Its up 0.09, from 1.08 in 2017Q4. It improved, as 52 investors sold RRC shares while 110 reduced holdings. 53 funds opened positions while 136 raised stakes. 257.09 million shares or 11.77% more from 230.02 million shares in 2017Q4 were reported. Tortoise Capital Advsrs Limited Liability Company has 0.06% invested in Range Resources Corporation (NYSE:RRC). Stonebridge Capital Mngmt Inc reported 11,335 shares or 0.06% of all its holdings. Susquehanna Group Llp reported 303,243 shares or 0% of all its holdings. Endurance Wealth holds 0.06% or 24,449 shares. State Teachers Retirement Sys has invested 0.01% in Range Resources Corporation (NYSE:RRC). Sumitomo Mitsui Asset Mngmt invested 0.05% in Range Resources Corporation (NYSE:RRC). National Bank & Trust Of Nova Scotia reported 473,360 shares. World Asset Mngmt Inc holds 12,839 shares or 0.01% of its portfolio. New Mexico Educational Retirement Board holds 0.01% or 21,679 shares in its portfolio. Thompson Siegel Walmsley Limited Liability Corp stated it has 1.3% of its portfolio in Range Resources Corporation (NYSE:RRC). King Luther Capital Management, a Texas-based fund reported 204,684 shares. Carroll Financial Associate Inc reported 50 shares. Netherlands-based Robeco Institutional Asset Management Bv has invested 0% in Range Resources Corporation (NYSE:RRC). Brown Advisory Incorporated holds 19,130 shares or 0% of its portfolio. Westpac Banking invested in 0% or 10,495 shares.

Another recent and important Range Resources Corporation (NYSE:RRC) news was published by Globenewswire.com which published an article titled: “New Research: Key Drivers of Growth for CBIZ, Range Resources, Pepsico, Kirby, Moog, and American Water Works …” on June 11, 2018.

Since January 30, 2018, it had 1 insider purchase, and 0 selling transactions for $500,609 activity. PALKO STEFFEN E also bought $500,609 worth of Range Resources Corporation (NYSE:RRC) shares.

Among 45 analysts covering Range Resources Corp. (NYSE:RRC), 23 have Buy rating, 3 Sell and 19 Hold. Therefore 51% are positive. Range Resources Corp. had 154 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Wednesday, August 19 by Oppenheimer. RBC Capital Markets maintained the stock with “Buy” rating in Thursday, July 6 report. The firm has “Buy” rating by Susquehanna given on Thursday, January 25. The firm has “Underweight” rating by Barclays Capital given on Thursday, August 3. RBC Capital Markets reinitiated it with “Outperform” rating and $41 target in Friday, March 18 report. The firm has “Neutral” rating by Nomura given on Wednesday, June 8. Citigroup downgraded it to “Hold” rating and $1600 target in Tuesday, April 17 report. The stock of Range Resources Corporation (NYSE:RRC) earned “Buy” rating by Instinet on Monday, February 6. The firm has “Neutral” rating by Goldman Sachs given on Friday, September 8. On Thursday, April 7 the stock rating was maintained by Citigroup with “Buy”.

Blume Capital Management Inc increased Weyerhaeuser Co. (NYSE:WY) stake by 9,254 shares to 119,570 valued at $4.18M in 2018Q1. It also upped Schwab Short Term Us (SCHO) stake by 50,000 shares and now owns 73,800 shares. Enterprise Product Partners Lp (NYSE:EPD) was raised too.

Analysts await Range Resources Corporation (NYSE:RRC) to report earnings on August, 7. They expect $0.12 earnings per share, down 57.14% or $0.16 from last year’s $0.28 per share. RRC’s profit will be $29.21 million for 33.92 P/E if the $0.12 EPS becomes a reality. After $0.46 actual earnings per share reported by Range Resources Corporation for the previous quarter, Wall Street now forecasts -73.91% negative EPS growth.

Another recent and important Kirkland's, Inc. (NASDAQ:KIRK) news was published by Nasdaq.com which published an article titled: “Factors of Influence in 2018, Key Indicators and Opportunity within Southwestern Energy, Johnson & Johnson, Sleep …” on June 14, 2018.

KirklandÂ’s, Inc. operates as a specialty retailer of home décor and gifts in the United States. The company has market cap of $195.44 million. The companyÂ’s stores provide various merchandise, including framed arts, mirrors, wall décors, candles and related items, lamps, decorative accessories, accent furniture, textiles, garden-related accessories, and artificial floral products. It has a 37.76 P/E ratio. The Company’s stores also offer an assortment of holiday merchandise in seasonal periods, as well as items that are suitable for gift-giving.

Investors sentiment decreased to 0.77 in 2018 Q1. Its down 0.49, from 1.26 in 2017Q4. It worsened, as 13 investors sold Kirkland's, Inc. shares while 43 reduced holdings. 18 funds opened positions while 25 raised stakes. 13.35 million shares or 5.09% less from 14.07 million shares in 2017Q4 were reported. Sei Investments Company holds 0% or 79 shares. American Intl Group Inc Incorporated holds 9,794 shares or 0% of its portfolio. 364,016 were reported by State Street Corp. Pnc Serv Incorporated holds 0% of its portfolio in Kirkland's, Inc. (NASDAQ:KIRK) for 41 shares. 2,491 are held by Us Natl Bank De. Jpmorgan Chase And holds 4,909 shares. New York State Common Retirement Fund stated it has 0% in Kirkland's, Inc. (NASDAQ:KIRK). Prelude Ltd, New York-based fund reported 7,500 shares. Essex Investment Mngmt Ltd Limited Liability Company has invested 0.13% in Kirkland's, Inc. (NASDAQ:KIRK). Nokomis Cap Ltd Liability Co holds 1.07% or 573,167 shares. First Quadrant Lp Ca stated it has 0% in Kirkland's, Inc. (NASDAQ:KIRK). Teachers Retirement Of The State Of Kentucky reported 0% of its portfolio in Kirkland's, Inc. (NASDAQ:KIRK). Moreover, Trexquant Invest Lp has 0.05% invested in Kirkland's, Inc. (NASDAQ:KIRK) for 74,543 shares. Ls Investment Advisors Limited Com owns 0% invested in Kirkland's, Inc. (NASDAQ:KIRK) for 500 shares. Advsr Preferred Limited Liability Company, a Maryland-based fund reported 1,284 shares.

Among 8 analysts covering Kirkland’s (NASDAQ:KIRK), 7 have Buy rating, 0 Sell and 1 Hold. Therefore 88% are positive. Kirkland’s had 17 analyst reports since September 4, 2015 according to SRatingsIntel. The stock of Kirkland's, Inc. (NASDAQ:KIRK) earned “Buy” rating by FBR Capital on Monday, March 19. Suntrust Robinson maintained the stock with “Buy” rating in Wednesday, August 24 report. The stock of Kirkland's, Inc. (NASDAQ:KIRK) earned “Hold” rating by Zacks on Friday, September 4. The firm earned “Buy” rating on Wednesday, September 27 by KeyBanc Capital Markets. Sidoti upgraded the stock to “Buy” rating in Tuesday, August 22 report. As per Monday, March 19, the company rating was maintained by B. Riley & Co. FBR Capital maintained Kirkland's, Inc. (NASDAQ:KIRK) on Friday, June 1 with “Buy” rating. The stock of Kirkland's, Inc. (NASDAQ:KIRK) earned “Overweight” rating by KeyBanc Capital Markets on Friday, June 1. The firm has “Neutral” rating by Sidoti given on Tuesday, August 23. B. Riley & Co upgraded Kirkland's, Inc. (NASDAQ:KIRK) on Monday, March 13 to “Buy” rating.

Since March 20, 2018, it had 0 buys, and 1 insider sale for $150,768 activity. 15,000 shares were sold by Madden W Michael, worth $150,768.

Kirkland's, Inc. (NASDAQ:KIRK) Institutional Positions Chart

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