Country Club Trust Company N.a. buys $6,162,799 stake in Staples (SPLS)

Staples (SPLS) : Country Club Trust Company N.a. scooped up 35,855 additional shares in Staples during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 14, 2016. The investment management firm now holds a total of 815,185 shares of Staples which is valued at $6,162,799.Staples makes up approximately 0.89% of Country Club Trust Company N.a.’s portfolio.

Other Hedge Funds, Including , Fjarde Ap-fonden Fourth Swedish National Pension Fund boosted its stake in SPLS in the latest quarter, The investment management firm added 5,602 additional shares and now holds a total of 159,561 shares of Staples which is valued at $1,206,281. Staples makes up approx 0.03% of Fjarde Ap-fonden Fourth Swedish National Pension Fund’s portfolio.Msi Financial Services Inc reduced its stake in SPLS by selling 922 shares or 7.86% in the most recent quarter. The Hedge Fund company now holds 10,814 shares of SPLS which is valued at $82,727.Creative Planning boosted its stake in SPLS in the latest quarter, The investment management firm added 8,932 additional shares and now holds a total of 27,865 shares of Staples which is valued at $216,232.Advisory Services Network boosted its stake in SPLS in the latest quarter, The investment management firm added 13 additional shares and now holds a total of 1,556 shares of Staples which is valued at $12,495.Cacti Asset Management reduced its stake in SPLS by selling 10,000 shares or 50.0% in the most recent quarter. The Hedge Fund company now holds 10,000 shares of SPLS which is valued at $82,400. Staples makes up approx 0.01% of Cacti Asset Management’s portfolio.

Staples closed down -0.09 points or -1.18% at $7.56 with 68,04,591 shares getting traded on Friday. Post opening the session at $7.69, the shares hit an intraday low of $7.54 and an intraday high of $7.74 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

On the company’s financial health, Staples reported $0.12 EPS for the quarter, based on the information available during the earnings call on Aug 17, 2016. Analyst had a consensus estimate of $0.12. The company had revenue of $4752.00 million for the quarter, compared to analysts expectations of $4762.00 million. The company’s revenue was down -3.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.12 EPS.

Staples Inc. is a provider of products and services that serve the needs of business customers and consumers. The Company offers a selection of products such as Websites and mobile platforms retail and online shopping and a range of copy and print and technology services. It operates in three business segments: North American Stores & Online North American Commercial and International Operations. The North American Stores & Online segment includes its retail stores and Staples.com businesses in the United States and Canada. The North American Commercial segment consists of the United States and Canadian businesses that sell and deliver products and services directly to businesses including Staples Advantage and Quill.com. The International Operations segment consists of businesses in around 23 countries in Europe Australia South America and Asia. It serves businesses in North America Europe Australia South America and Asia. Its delivery business offers online order placing.

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