SG Americas Securities LLC Has $241,000 Position in Sears Holdings Corporation (SHLD)

SG Americas Securities LLC lowered its stake in Sears Holdings Corporation (NASDAQ:SHLD) by 55.8% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 20,954 shares of the company’s stock after selling 26,430 shares during the period. SG Americas Securities LLC’s holdings in Sears Holdings Corporation were worth $241,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Norges Bank bought a new position in shares of Sears Holdings Corporation during the fourth quarter valued at $5,049,000. KBC Group NV acquired a new position in Sears Holdings Corporation during the first quarter valued at approximately $581,000. GSA Capital Partners LLP acquired a new position in Sears Holdings Corporation during the fourth quarter valued at approximately $186,000. First Trust Advisors LP acquired a new position in Sears Holdings Corporation during the first quarter valued at approximately $669,000. Finally, Karp Capital Management Corp acquired a new position in Sears Holdings Corporation during the first quarter valued at approximately $272,000. 65.54% of the stock is currently owned by institutional investors.

Shares of Sears Holdings Corporation (NASDAQ:SHLD) opened at 9.60 on Friday. Sears Holdings Corporation has a 12 month low of $5.50 and a 12 month high of $18.18. The firm’s market cap is $1.03 billion. The firm has a 50-day moving average of $7.61 and a 200 day moving average of $8.81.

Sears Holdings Corporation (NASDAQ:SHLD) last released its quarterly earnings data on Thursday, May 25th. The company reported ($2.15) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.72) by $1.43. The firm had revenue of $4.30 billion during the quarter, compared to analyst estimates of $4.05 billion. The company’s revenue for the quarter was down 20.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($1.86) EPS. On average, equities research analysts anticipate that Sears Holdings Corporation will post ($11.20) EPS for the current fiscal year.

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SHLD has been the topic of several research reports. BidaskClub upgraded shares of Sears Holdings Corporation from a “sell” rating to a “hold” rating in a report on Wednesday, July 5th. Vetr upgraded shares of Sears Holdings Corporation from a “strong sell” rating to a “sell” rating and set a $7.05 price target on the stock in a report on Thursday, May 18th. Finally, ValuEngine lowered shares of Sears Holdings Corporation from a “sell” rating to a “strong sell” rating in a report on Thursday, July 6th.

About Sears Holdings Corporation

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.

Institutional Ownership by Quarter for Sears Holdings Corporation (NASDAQ:SHLD)

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