Gateway Investment Advisers LLC held its stake in shares of Sears Holdings Corporation (NASDAQ:SHLD) during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 24,018 shares of the company’s stock at the end of the second quarter. Gateway Investment Advisers LLC’s holdings in Sears Holdings Corporation were worth $213,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors also recently made changes to their positions in SHLD. Legal & General Group Plc increased its stake in Sears Holdings Corporation by 0.5% in the first quarter. Legal & General Group Plc now owns 171,401 shares of the company’s stock worth $1,971,000 after buying an additional 911 shares during the period. Wells Fargo & Company MN increased its stake in Sears Holdings Corporation by 11.8% in the first quarter. Wells Fargo & Company MN now owns 24,461 shares of the company’s stock worth $281,000 after buying an additional 2,583 shares during the period. Geode Capital Management LLC increased its stake in Sears Holdings Corporation by 2.9% in the first quarter. Geode Capital Management LLC now owns 354,623 shares of the company’s stock worth $4,073,000 after buying an additional 10,126 shares during the period. PEAK6 Investments L.P. increased its stake in Sears Holdings Corporation by 192.7% in the first quarter. PEAK6 Investments L.P. now owns 15,894 shares of the company’s stock worth $183,000 after buying an additional 10,464 shares during the period. Finally, KCG Holdings Inc. acquired a new stake in Sears Holdings Corporation during the first quarter worth $129,000. Institutional investors own 65.54% of the company’s stock.
Sears Holdings Corporation (SHLD) traded down 0.69% during trading on Monday, reaching $8.61. The company had a trading volume of 637,919 shares. The stock’s market cap is $923.55 million. The company has a 50-day moving average price of $8.02 and a 200 day moving average price of $8.77. Sears Holdings Corporation has a 52-week low of $5.50 and a 52-week high of $18.18.
Sears Holdings Corporation (NASDAQ:SHLD) last issued its earnings results on Thursday, May 25th. The company reported ($2.15) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.72) by $1.43. The firm had revenue of $4.30 billion for the quarter, compared to the consensus estimate of $4.05 billion. The business’s revenue for the quarter was down 20.3% compared to the same quarter last year. During the same quarter last year, the firm posted ($1.86) earnings per share. On average, analysts anticipate that Sears Holdings Corporation will post ($11.20) earnings per share for the current year.
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A number of analysts have commented on SHLD shares. BidaskClub upgraded Sears Holdings Corporation from a “sell” rating to a “hold” rating in a research report on Wednesday, July 5th. Vetr upgraded Sears Holdings Corporation from a “strong sell” rating to a “sell” rating and set a $7.05 target price on the stock in a research report on Thursday, May 18th. Finally, ValuEngine cut Sears Holdings Corporation from a “sell” rating to a “strong sell” rating in a report on Thursday, July 6th.
Sears Holdings Corporation Company Profile
Sears Holdings Corporation is an integrated retailer. The Company is the parent company of Kmart Holding Corporation (Kmart) and Sears, Roebuck and Co (Sears). The Company’s segments are Kmart and Sears Domestic. It also offers Shop Your Way, a member-based social shopping platform that offers rewards and personalized services.
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