Eaton Vance Management Continues to Hold Position in Sears Holdings Corporation (SHLD)
Eaton Vance Management continued to hold its stake in Sears Holdings Corporation (NASDAQ:SHLD) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 12,107 shares of the company’s stock at the end of the second quarter. Eaton Vance Management’s holdings in Sears Holdings Corporation were worth $107,000 at the end of the most recent reporting period.
Several other large investors have also recently modified their holdings of SHLD. Wells Fargo & Company MN raised its position in shares of Sears Holdings Corporation by 11.8% during the first quarter. Wells Fargo & Company MN now owns 24,461 shares of the company’s stock worth $281,000 after purchasing an additional 2,583 shares during the period. First Trust Advisors LP acquired a new position in shares of Sears Holdings Corporation during the first quarter worth approximately $669,000. UBS Asset Management Americas Inc. raised its position in shares of Sears Holdings Corporation by 144.0% during the first quarter. UBS Asset Management Americas Inc. now owns 63,367 shares of the company’s stock worth $728,000 after purchasing an additional 37,399 shares during the period. Karp Capital Management Corp acquired a new position in shares of Sears Holdings Corporation during the first quarter worth approximately $272,000. Finally, Parametric Portfolio Associates LLC raised its position in shares of Sears Holdings Corporation by 56.5% during the first quarter. Parametric Portfolio Associates LLC now owns 313,566 shares of the company’s stock worth $3,603,000 after purchasing an additional 113,191 shares during the period. 62.15% of the stock is currently owned by institutional investors.
Sears Holdings Corporation (NASDAQ:SHLD) opened at 7.59 on Friday. The stock’s 50 day moving average price is $8.26 and its 200-day moving average price is $8.92. The firm’s market capitalization is $815.51 million. Sears Holdings Corporation has a 12 month low of $5.50 and a 12 month high of $14.32.
Sears Holdings Corporation (NASDAQ:SHLD) last released its quarterly earnings results on Thursday, August 24th. The company reported ($1.16) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($2.48) by $1.32. The firm had revenue of $4.37 billion for the quarter, compared to the consensus estimate of $4.21 billion. During the same quarter in the prior year, the firm earned ($2.24) earnings per share. The company’s revenue for the quarter was down 22.9% compared to the same quarter last year. Equities analysts anticipate that Sears Holdings Corporation will post ($9.21) EPS for the current fiscal year.
SHLD has been the topic of a number of research reports. BidaskClub raised 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.
WARNING: This story was published by Daily Political and is owned by of Daily Political. If you are reading this story on another publication, it was stolen and republished in violation of US and international copyright & trademark legislation. The correct version of this story can be read at https://www.dailypolitical.com/2017/09/29/eaton-vance-management-continues-to-hold-position-in-sears-holdings-corporation-shld.html.
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.
Want to see what other hedge funds are holding SHLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sears Holdings Corporation (NASDAQ:SHLD).
Receive News & Ratings for Sears Holdings Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sears Holdings Corporation and related companies with MarketBeat.com's FREE daily email newsletter.