Sears Holdings Corp. shares rose after investor Memento SA recommended the retailer consider going private, saying that "excessive" short selling has hammered the stock. Capstone Investment Advisors LLC bought a new position in shares of Sears Holdings Corp during the fourth quarter valued at about $117,000. After going under observation of traders 2.02 million shares traded at hands. About 5.02M shares traded. California State Teachers Retirement Sys invested in 21,107 shares or 0% of the stock. D E Shaw holds 0% or 14,242 shares in its portfolio.
The company had seen its current volume reaching at 0.27 million shares in the last trade. The Massachusetts-based Geode Mgmt Limited has invested 0% in Sears Holdings Corporation (NASDAQ:SHLD). 19,885 were accumulated by Millennium Mgmt Ltd. Northern reported 245,555 shares stake. The stock was acquired at an average cost of $7.93 per share, for a total transaction of $4,170,672.48. Balyasny Asset Mngmt Limited stated it has 412,000 shares or 0.02% of all its holdings. Chou Mgmt has invested 3.11% of its portfolio in Sears Holdings Corporation (NASDAQ:SHLD).
Among 3 analysts covering Sears Canada (NASDAQ:SHLD), 0 have Buy rating, 2 Sell and 1 Hold.
More notable recent Sears Holdings Corporation (NASDAQ:SHLD) news were published by: Seekingalpha.com which released: "Sears Holdings: Little Reason For Hope" on December 06, 2017, also Bloomberg.com with their article: "Sears Dials Up Discounts to Record Levels as It Copes With Slump" published on November 17, 2017, Moodys.com published: "Moody's downgrades Sears Holdings Corp". Finally, GSA Capital Partners LLP acquired a new stake in shares of Sears Holdings Corp during the fourth quarter valued at $186,000. Therefore 0 are positive. The stock appeared -71.51% downward to its 52-week high and 12.71% above its 52-week low. It has underperformed by 46.51% the S&P500. Goodhaven Cap Management Ltd Liability Company holds 0.27% or 61,997 shares. The company reported ($2.15) EPS for the quarter, missing analysts' consensus estimates of ($0.72) by $1.43. Last trading transaction put the stock price at $4.08. Sears Holdings Corporation (NASDAQ:SHLD) has declined 29.81% since December 6, 2016 and is downtrending. The firm earned "Negative" rating on Friday, February 10 by Susquehanna. The rating was maintained by IBC on Thursday, September 3 with "Sector Perform". Sears Canada had 4 analyst reports since September 3, 2015 according to SRatingsIntel.
"We have invested in Sears because of our belief in the long-term value of its vast national network of over 1,100 Sears and Kmart retail stores across the United States, the strength of its well-established proprietary brands, its position as the nation's leading provider of appliance and product fix services, and its insurance subsidiary", Alessandro Mauceri, the CEO of the firm, wrote. The relative volume of the stock is 1.44 while its market cap is $0.45 billion.
Mauceri said short interest in Sears shares has fluctuated between 12 million to 19 million shares just within the past two years. Susquehanna maintained the shares of SHLD in report on Friday, December 1 with "Sell" rating. The Kmart segment operates retail stores that offer a range of products, including consumer electronics, seasonal merchandise, outdoor living, toys, lawn and garden equipment, food and consumables, and apparel; and in-store pharmacies. Yearly performance of the stock shows a bearish trend of -64.86% while year-to-date (YTD) performance reflected -55.44% negative outlook.
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