Sears Holdings Corp (SHLD) : Contrarius Investment Management Ltd added new position in Sears Holdings Corp during the most recent quarter end. The investment management firm now holds 835,864 shares of Sears Holdings Corp which is valued at $12,362,429 , the company said in a statement filed on Aug 3, 2016 with the SEC.Sears Holdings Corp makes up approximately 0.96% of Contrarius Investment Management Ltd’s portfolio.
Other Hedge Funds, Including , California Public Employees Retirement System boosted its stake in SHLD in the latest quarter, The investment management firm added 83,900 additional shares and now holds a total of 332,648 shares of Sears Holdings Corp which is valued at $4,919,864. Sears Holdings Corp makes up approx 0.01% of California Public Employees Retirement System’s portfolio.California State Teachers Retirement System reduced its stake in SHLD by selling 5,182 shares or 18.0% in the most recent quarter. The Hedge Fund company now holds 23,607 shares of SHLD which is valued at $349,148.Mad River Investors reduced its stake in SHLD by selling 12,478 shares or 9.47% in the most recent quarter. The Hedge Fund company now holds 119,217 shares of SHLD which is valued at $1,837,134. Sears Holdings Corp makes up approx 2.17% of Mad River Investors’s portfolio.Public Employees Retirement Association Of Colorado reduced its stake in SHLD by selling 2,695 shares or 28.75% in the most recent quarter. The Hedge Fund company now holds 6,678 shares of SHLD which is valued at $102,908.
Sears Holdings Corp closed down -0.41 points or -2.54% at $15.73 with 2,44,373 shares getting traded on Monday. Post opening the session at $16.21, the shares hit an intraday low of $15.73 and an intraday high of $16.29 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 $-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.