Shares of Macy’s (NYSE:M) were the target of some unusual options trading on Monday. Stock traders purchased 4,429 put options on the company, American Banking and Market News reports. This is an increase of approximately 300% compared to the typical daily volume of 1,108 put options. Macy’s, Inc. (NYSE:M) stock opened at $53.87 in last trading session, and closed at $53.06, trading in the range of $53.03 – $54.10. The stock showed a negative weekly performance of -0.64%.
Seritage Realty Trust’s homepage seeks to dazzle prospective tenants with illustrations of gleaming retail properties featuring landscaped parking lots filled with cars and shoppers. Seritage promises visitors “the locations you need in virtually every major U.S. market.” It’s not immediately obvious that Seritage is connected to Sears Holdings Corp (NASDAQ:SHLD), the department-store chain struggling to attract shoppers and shake off a reputation for dilapidated locations. The 200-plus Sears and Kmart stores listed on the Seritage website are part of an effort by Chief Executive Officer Eddie Lampert to raise cash and turn around the Hoffman-Estates, Illinois-based company. Sears Holdings Corp (NASDAQ:SHLD) shares closed at $38.05 on last trade day, by losing -7.04%. Stock 52 week range is $32.85 – $67.50. Company’s market capitalization is $4.05 billion.
Equities researchers at Citigroup Inc. assumed coverage on shares of Kohl’s Co. (NYSE:KSS) in a research report issued on Wednesday, TheFlyOnTheWall.com reports. The firm set a “neutral” rating and a $55.00 price target on the stock. Citigroup Inc.’s price target points to a potential upside of 6.03% from the stock’s previous close. Kohl’s Corporation (NYSE:KSS) stock advanced 0.12% and finished the last session at $51.95. The EPS of the stock remained 4.17. Company’s market capitalization is $11.12 billion.
The Bon-Ton Stores, Inc. (NASDAQ:BONT) average recommendation is Overweight with average Target Price of $17.00. The Bon-Ton Stores, Inc. (NASDAQ:BONT) stock opened at $9.50 in last trading session and closed at $9.55. The 52 week range of the stock is $9.12 – $22.68 and the day range was $9.31 – $9.61.