Two Sigma Advisers LP Sells 2,700 Shares of Hudson Ltd (HUD)

Two Sigma Advisers LP lessened its stake in Hudson Ltd (NYSE:HUD) by 1.0% during the 4th quarter, HoldingsChannel reports. The firm owned 271,500 shares of the company’s stock after selling 2,700 shares during the quarter. Two Sigma Advisers LP’s holdings in Hudson were worth $4,656,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in HUD. Pearl River Capital LLC purchased a new stake in Hudson in the 4th quarter worth approximately $36,000. LPL Financial LLC boosted its position in Hudson by 18.6% in the 4th quarter. LPL Financial LLC now owns 22,361 shares of the company’s stock worth $383,000 after purchasing an additional 3,512 shares in the last quarter. BW Gestao de Investimentos Ltda. purchased a new stake in Hudson in the 3rd quarter worth approximately $485,000. Credit Suisse AG boosted its position in Hudson by 15.3% in the 3rd quarter. Credit Suisse AG now owns 22,755 shares of the company’s stock worth $514,000 after purchasing an additional 3,022 shares in the last quarter. Finally, Stone Ridge Asset Management LLC purchased a new stake in Hudson in the 4th quarter worth approximately $663,000. Institutional investors and hedge funds own 44.09% of the company’s stock.

Shares of NYSE:HUD opened at $13.76 on Tuesday. Hudson Ltd has a 1 year low of $12.67 and a 1 year high of $23.22. The company has a market cap of $1.27 billion, a PE ratio of 16.58, a price-to-earnings-growth ratio of 0.66 and a beta of 0.55. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.01 and a current ratio of 1.69.

Hudson (NYSE:HUD) last announced its earnings results on Thursday, March 14th. The company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.07). Hudson had a net margin of 1.53% and a return on equity of 12.11%. The business had revenue of $471.40 million for the quarter, compared to analysts’ expectations of $468.85 million. During the same quarter last year, the business earned ($0.30) EPS. The company’s quarterly revenue was up 4.7% on a year-over-year basis. Sell-side analysts expect that Hudson Ltd will post 0.72 EPS for the current fiscal year.

Several equities research analysts have commented on HUD shares. Zacks Investment Research lowered Hudson from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 8th. Credit Suisse Group lowered Hudson from an “outperform” rating to a “neutral” rating and lowered their price objective for the stock from $24.00 to $17.00 in a research report on Thursday, January 10th. Finally, Bank of America lowered Hudson from a “buy” rating to a “neutral” rating and set a $16.00 price objective on the stock. in a research report on Wednesday, January 16th. One investment analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $17.00.

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About Hudson

Hudson Ltd. operates as a travel retail company in the United States and Canada. It operates travel essentials and convenience stores, bookstores, duty-free stores, proprietary and branded specialty stores, electronics stores, themed stores, and quick-service food and beverage outlets under proprietary and third-party brands.

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Institutional Ownership by Quarter for Hudson (NYSE:HUD)

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