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

Two Sigma Advisers LP reduced its stake in Hudson Ltd (NYSE:HUD) by 1.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 271,500 shares of the company’s stock after selling 2,700 shares during the quarter. Two Sigma Advisers LP owned about 0.29% of Hudson worth $4,656,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Pearl River Capital LLC purchased a new position in shares of Hudson during the 4th quarter valued at approximately $36,000. LPL Financial LLC lifted its holdings in Hudson by 18.6% in the 4th quarter. LPL Financial LLC now owns 22,361 shares of the company’s stock valued at $383,000 after purchasing an additional 3,512 shares in the last quarter. BW Gestao de Investimentos Ltda. purchased a new position in Hudson in the 3rd quarter valued at $485,000. Credit Suisse AG lifted its holdings in Hudson by 15.3% in the 3rd quarter. Credit Suisse AG now owns 22,755 shares of the company’s stock valued at $514,000 after purchasing an additional 3,022 shares in the last quarter. Finally, Stone Ridge Asset Management LLC purchased a new position in shares of Hudson during the 4th quarter worth $663,000. 44.09% of the stock is owned by hedge funds and other institutional investors.

Several research analysts have recently commented on HUD shares. Credit Suisse Group lowered Hudson from an “outperform” rating to a “neutral” rating and reduced their price target for the stock from $24.00 to $17.00 in a report on Thursday, January 10th. Bank of America lowered Hudson from a “buy” rating to a “neutral” rating and set a $16.00 price target on the stock. in a report on Wednesday, January 16th. Finally, Zacks Investment Research upgraded Hudson from a “hold” rating to a “buy” rating and set a $16.00 price target on the stock in a report on Thursday, January 17th.

Shares of NYSE:HUD traded down $0.04 during midday trading on Wednesday, reaching $15.70. 327,500 shares of the company’s stock were exchanged, compared to its average volume of 374,078. The company has a current ratio of 1.69, a quick ratio of 1.01 and a debt-to-equity ratio of 0.77. The company has a market capitalization of $1.43 billion, a price-to-earnings ratio of 18.92, a PEG ratio of 0.75 and a beta of 0.55. Hudson Ltd has a fifty-two week low of $12.67 and a fifty-two week high of $23.22.

Hudson (NYSE:HUD) last released its earnings results on Thursday, March 14th. The company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.07). The firm had revenue of $471.40 million during the quarter, compared to analyst estimates of $468.85 million. Hudson had a net margin of 1.53% and a return on equity of 12.11%. The business’s revenue was up 4.7% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.30) earnings per share. As a group, equities research analysts predict that Hudson Ltd will post 0.72 earnings per share for the current fiscal year.

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Hudson Company Profile

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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