Sears Holdings Corp (SHLD) : Force Capital Management reduced its stake in Sears Holdings Corp by 19.88% during the most recent quarter end. The investment management company now holds a total of 562,876 shares of Sears Holdings Corp which is valued at $7,216,070 after selling 139,706 shares in Sears Holdings Corp , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.Sears Holdings Corp makes up approximately 8.43% of Force Capital Management’s portfolio.
Other Hedge Funds, Including , First Republic Investment Management sold out all of its stake in SHLD during the most recent quarter. The investment firm sold 11,699 shares of SHLD which is valued $149,981.New York State Common Retirement Fund reduced its stake in SHLD by selling 17,200 shares or 59.72% in the most recent quarter. The Hedge Fund company now holds 11,600 shares of SHLD which is valued at $132,008. Quantbot Technologies Lp added SHLD to its portfolio by purchasing 89 company shares during the most recent quarter which is valued at $988.Mizuho Securities Usa reduced its stake in SHLD by selling 31,800 shares or 76.44% in the most recent quarter. The Hedge Fund company now holds 9,800 shares of SHLD which is valued at $116,522. Sears Holdings Corp makes up approx 0.01% of Mizuho Securities Usa’s portfolio. Nationwide Fund Advisors added SHLD to its portfolio by purchasing 7,095 company shares during the most recent quarter which is valued at $80,174.
Sears Holdings Corp closed down -0.24 points or -1.93% at $12.2 with 4,55,564 shares getting traded on Monday. Post opening the session at $12.33, the shares hit an intraday low of $12.15 and an intraday high of $12.6 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, Sears Holdings Corp reported $-2.03 EPS for the quarter, beating the analyst consensus estimate by $ 1.45 according to the earnings call on Aug 25, 2016. Analyst had a consensus of $-3.48. The company had revenue of $5663.00 million for the quarter, compared to analysts expectations of $5433.00 million. The company’s revenue was down -8.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-2.40 EPS.
Sears Holdings Corporation is an integrated retailer and a holding company of Kmart Holding Corporation (Kmart) and Sears Roebuck and Co. (Sears). The Company operates through two business segments: Kmart and Sears Domestic. The Company operates a network of stores with approximately 1725 full-line and specialty retail stores in the United States operating through Kmart and Sears. The Company operates a number of websites under the sears.com and kmart.com banners. The Company is also the home of Shop Your Way a free member-based social shopping platform that offers rewards personalized services. Shop Your Way connects all of the ways members shop in store at home online and by phone. The Company through Kmart stores offers an array of products across many merchandise categories including consumer electronics seasonal merchandise outdoor living toys lawn and garden equipment food and consumables and apparel.