Stock of The Day: Sears Roebuck & Co (NYSE:S) Institutional Investor Positioning Change

November 30, 2016 - By Darrin Black   ·   0 Comments

Stock of The Day: Sears Roebuck & Co (NYSE:S) Institutional Investor Positioning Change

Sentiment for Sears Roebuck & Co (NYSE:S)

Sears Roebuck & Co (NYSE:S) institutional sentiment decreased to 1.12 in Q2 2016. Its down -0.01, from 1.13 in 2016Q1. The ratio has dropped, as 119 investment professionals increased and started new stock positions, while 105 sold and decreased positions in Sears Roebuck & Co. The investment professionals in our partner’s database now have: 582.06 million shares, up from 563.17 million shares in 2016Q1. Also, the number of investment professionals holding Sears Roebuck & Co in their top 10 stock positions increased from 2 to 3 for an increase of 1. Sold All: 34 Reduced: 71 Increased: 93 New Position: 26.

Sprint Corporation is a holding company. The company has a market cap of $31.73 billion. The Company, along with its subsidiaries, is a communications firm offering a range of wireless and wireline communications services and products that are designed to meet the needs of consumers, businesses, government subscribers and resellers. It currently has negative earnings. It operates through two divisions: Wireless and Wireline.

The stock increased 1.78% or $0.14 during the last trading session, hitting $8. Sprint Corp (NYSE:S) has risen 117.39% since April 27, 2016 and is uptrending. It has outperformed by 112.16% the S&P500.

Analysts await Sprint Corp (NYSE:S) to report earnings on January, 24. They expect $-0.07 EPS, up 66.67% or $0.14 from last year’s $-0.21 per share. After $-0.04 actual EPS reported by Sprint Corp for the previous quarter, Wall Street now forecasts 75.00% negative EPS growth.

According to Zacks Investment Research, “Sprint Corporation offers communications services. It operates in two segments: Wireless and Wireline. It develops, engineers and deploys technologies, including wireless networks offering mobile data services, instant national and international push-to-talk capabilities and a global Tier 1 Internet backbone. Sprint Corporation is based in Overland Park, United States.”

Mig Capital Llc holds 7.12% of its portfolio in Sprint Corp for 7.23 million shares. Discovery Capital Management Llc Ct owns 40.28 million shares or 4.19% of their US portfolio. Moreover, Hoertkorn Richard Charles has 2.46% invested in the company for 682,090 shares. The Ontario – Canada-based Ontario Teachers Pension Plan Board has invested 1.91% in the stock. Point72 Asia (Hong Kong) Ltd, a Hong Kong-based fund reported 286,166 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 0 insider purchases, and 2 insider sales for $761,160 net activity.

Sprint Corp (NYSE:S) Ratings Coverage

Ratings analysis reveals 20% of Sprint Nextel Corporation’s analysts are positive. Out of 20 Wall Street analysts rating Sprint Nextel Corporation, 4 give it “Buy”, 3 “Sell” rating, while 13 recommend “Hold”. The lowest target is $3 while the high is $32. The stock’s average target of $4.99 is -37.63% below today’s ($8) share price. S was included in 41 notes of analysts from July 24, 2015. The stock of Sprint Corp (NYSE:S) has “Outperform” rating given on Thursday, October 13 by Macquarie Research. The stock of Sprint Corp (NYSE:S) earned “Market Perform” rating by Cowen & Co on Wednesday, August 5. The company was initiated on Tuesday, April 5 by Macquarie Research. The rating was maintained by Oppenheimer on Tuesday, July 26 with “Perform”. The rating was maintained by Barclays Capital with “Equal Weight” on Tuesday, September 20. The firm has “Hold” rating by Canaccord Genuity given on Wednesday, August 5. On Tuesday, July 26 the stock rating was upgraded by Pacific Crest to “Sector Weight”. Citigroup maintained Sprint Corp (NYSE:S) rating on Tuesday, July 26. Citigroup has “Neutral” rating and $6 price target. The company was maintained on Wednesday, September 9 by Barclays Capital. The rating was downgraded by Piper Jaffray to “Overweight” on Wednesday, July 22.

S Company Profile

Sprint Corporation (Sprint), incorporated on October 5, 2012, is a holding company. The Company, along with its subsidiaries, is a communications firm offering a range of wireless and wireline communications services and products that are designed to meet the needs of consumers, businesses, government subscribers and resellers. It operates through two divisions: Wireless and Wireline. The Firm offers wireless and wireline services to subscribers in approximately 50 states, Puerto Rico, and the United States Virgin Islands under the Sprint corporate brand, which includes its retail brands of Sprint, Boost Mobile, Virgin Mobile and Assurance Wireless on its wireless networks utilizing various technologies, including third generation (3G) code division multiple access (CDMA), fourth generation (4G) services utilizing Long Term Evolution (LTE).

More news for Sprint Corp (NYSE:S) were recently published by: Fool.com, which released: “Better Buy: AT&T, Inc. vs. Sprint Corp.” on November 28, 2016. Investorplace.com‘s article titled: “Trade of the Day: Sprint Corp (NYSE:S)” and published on November 15, 2016 is yet another important article.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By Darrin Black

Tags: , ,


Readers Comments (0)





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>