Ws Management Lllp adds Houghton Mifflin Harcourt Co (HMHC) to its portfolio

Houghton Mifflin Harcourt Co (HMHC) : Ws Management Lllp added new position in Houghton Mifflin Harcourt Co during the most recent quarter end. The investment management firm now holds 2,526,900 shares of Houghton Mifflin Harcourt Co which is valued at $44.3 Million , the company said in a statement filed on May 11, 2016 with the SEC.Houghton Mifflin Harcourt Co makes up approximately 2.07% of Ws Management Lllp’s portfolio.

Other Hedge Funds, Including , Amalgamated Bank boosted its stake in HMHC in the latest quarter, The investment management firm added 1,402 additional shares and now holds a total of 14,674 shares of Houghton Mifflin Harcourt Co which is valued at $257,235. Houghton Mifflin Harcourt Co makes up approx 0.03% of Amalgamated Bank’s portfolio.Blackrock Institutional Trust Company N.a. reduced its stake in HMHC by selling 125,754 shares or 4.02% in the most recent quarter. The Hedge Fund company now holds 2,999,808 shares of HMHC which is valued at $52.6 Million. Houghton Mifflin Harcourt Co makes up approx 0.01% of Blackrock Institutional Trust Company N.a.’s portfolio.Teachers Advisors Inc reduced its stake in HMHC by selling 11,215 shares or 5.05% in the most recent quarter. The Hedge Fund company now holds 211,013 shares of HMHC which is valued at $4 Million. Houghton Mifflin Harcourt Co makes up approx 0.01% of Teachers Advisors Inc’s portfolio.Global X Management Co reduced its stake in HMHC by selling 63,197 shares or 31.44% in the most recent quarter. The Hedge Fund company now holds 137,816 shares of HMHC which is valued at $2.6 Million. Houghton Mifflin Harcourt Co makes up approx 0.15% of Global X Management Co’s portfolio.Ifp Advisors Inc reduced its stake in HMHC by selling 4 shares or 8.16% in the most recent quarter. The Hedge Fund company now holds 45 shares of HMHC which is valued at $845.

Houghton Mifflin Harcourt Co closed down -0.3 points or -1.71% at $17.23 with 17,74,753 shares getting traded on Monday. Post opening the session at $17.55, the shares hit an intraday low of $17.18 and an intraday high of $17.66 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, Houghton Mifflin Harcourt Co reported $-1.34 EPS for the quarter, missing the analyst consensus estimate by $ -0.17 based on the information available during the earnings call on May 4, 2016. Analyst had a consensus of $-1.17. The company had revenue of $205.82 million for the quarter, compared to analysts expectations of $198.74 million. The company’s revenue was up 26.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-1.12 EPS.

Houghton Mifflin Harcourt Company (HMH) is a global learning company specializing in education solutions across a variety of media. The Company operates in two segments: Education and Trade Publishing. Its Education segment provides educational products technology platforms and services to meet the diverse needs of classrooms. Its Trade Publishing segment develops markets and sells consumer books in print and digital formats and licenses book rights to other publishers and electronic businesses in the United States and abroad. It delivers content services and technology to both educational institutions and consumers in more than 150 countries across the world. In the United States the Company is a provider of Kindergarten through 12th grade (K-12) educational content. Its content includes characters and titles such as Curious George Carmen Sandiego The Oregon Trail The Little Prince The Lord of the Rings Life of Pi Webster’s New World Dictionary and Cliffs Notes.

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