Sears Holdings Corp (SHLD) : Chou Associates Management scooped up 400,000 additional shares in Sears Holdings Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 8, 2016. The investment management firm now holds a total of 1,431,610 shares of Sears Holdings Corp which is valued at $24,451,899.Sears Holdings Corp makes up approximately 8.64% of Chou Associates Management’s portfolio.
Other Hedge Funds, Including , Finemark National Bank Trust sold out all of its stake in SHLD during the most recent quarter. The investment firm sold 205 shares of SHLD which is valued $3,501. Quadrant Capital Group sold out all of its stake in SHLD during the most recent quarter. The investment firm sold 29 shares of SHLD which is valued $447.Pennsylvania Trust Co reduced its stake in SHLD by selling 2,000 shares or 16.67% in the most recent quarter. The Hedge Fund company now holds 10,000 shares of SHLD which is valued at $149,000. Sears Holdings Corp makes up approx 0.01% of Pennsylvania Trust Co’s portfolio. Central Bank Trust Co sold out all of its stake in SHLD during the most recent quarter. The investment firm sold 58 shares of SHLD which is valued $815.
Sears Holdings Corp opened for trading at $17.51 and hit $18.1799 on the upside on Monday, eventually ending the session at $17.66, with a gain of 0.40% or 0.07 points. The heightened volatility saw the trading volume jump to 4,61,509 shares. Company has a market cap of $1,887 M.
On the company’s financial health, Sears Holdings Corp reported $-1.86 EPS for the quarter, beating the analyst consensus estimate by $ 1.34 according to the earnings call on May 26, 2016. Analyst had a consensus of $-3.20. The company had revenue of $5394.00 million for the quarter, compared to analysts expectations of $5255.80 million. The company’s revenue was down -8.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-2.00 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.