ING Groep NV acquired a new stake in Sears Holdings Corporation (NASDAQ:SHLD) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 25,000 shares of the company’s stock, valued at approximately $222,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Old West Investment Management LLC raised its position in shares of Sears Holdings Corporation by 5.2% in the first quarter. Old West Investment Management LLC now owns 586,219 shares of the company’s stock valued at $6,735,000 after buying an additional 28,953 shares during the last quarter. Geode Capital Management LLC raised its position in shares of Sears Holdings Corporation by 2.9% in the first quarter. Geode Capital Management LLC now owns 354,623 shares of the company’s stock valued at $4,073,000 after buying an additional 10,126 shares during the last quarter. Vanguard Group Inc. raised its position in shares of Sears Holdings Corporation by 19.3% in the first quarter. Vanguard Group Inc. now owns 2,410,353 shares of the company’s stock valued at $27,695,000 after buying an additional 389,988 shares during the last quarter. Legal & General Group Plc raised its position in shares of Sears Holdings Corporation by 0.5% in the first quarter. Legal & General Group Plc now owns 171,401 shares of the company’s stock valued at $1,971,000 after buying an additional 911 shares during the last quarter. Finally, California Public Employees Retirement System raised its position in shares of Sears Holdings Corporation by 29.3% in the first quarter. California Public Employees Retirement System now owns 515,048 shares of the company’s stock valued at $5,918,000 after buying an additional 116,800 shares during the last quarter. Institutional investors own 65.54% of the company’s stock.

Sears Holdings Corporation (SHLD) traded up 2.42% on Friday, hitting $8.88. The stock had a trading volume of 742,851 shares. Sears Holdings Corporation has a one year low of $5.50 and a one year high of $18.18. The company’s 50-day moving average price is $8.47 and its 200 day moving average price is $8.75. The firm’s market cap is $952.51 million.

Sears Holdings Corporation (NASDAQ:SHLD) last issued its quarterly earnings data on Thursday, May 25th. The company reported ($2.15) EPS for the quarter, missing analysts’ consensus estimates of ($0.72) by $1.43. The business had revenue of $4.30 billion for the quarter, compared to analysts’ expectations of $4.05 billion. During the same quarter in the prior year, the company earned ($1.86) EPS. Sears Holdings Corporation’s quarterly revenue was down 20.3% compared to the same quarter last year. Analysts expect that Sears Holdings Corporation will post ($11.20) earnings per share for the current year.

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Several brokerages recently weighed in on SHLD. BidaskClub upgraded Sears Holdings Corporation from a “sell” rating to a “hold” rating in a research report on Wednesday, July 5th. ValuEngine lowered Sears Holdings Corporation from a “sell” rating to a “strong sell” rating in a research report on Thursday, July 6th. Finally, Vetr upgraded Sears Holdings Corporation from a “strong sell” rating to a “sell” rating and set a $7.05 price objective for the company in a research report on Thursday, May 18th.

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.

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

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