Hudson Ltd (NYSE:HUD) Shares Sold by Marshall Wace North America L.P.

Marshall Wace North America L.P. reduced its stake in Hudson Ltd (NYSE:HUD) by 17.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 40,072 shares of the company’s stock after selling 8,315 shares during the quarter. Marshall Wace North America L.P.’s holdings in Hudson were worth $551,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Brown Advisory Inc. boosted its stake in shares of Hudson by 114.4% in the fourth quarter. Brown Advisory Inc. now owns 3,169,773 shares of the company’s stock valued at $54,362,000 after buying an additional 1,691,487 shares in the last quarter. TimesSquare Capital Management LLC boosted its stake in shares of Hudson by 45.6% in the first quarter. TimesSquare Capital Management LLC now owns 2,810,700 shares of the company’s stock valued at $38,647,000 after buying an additional 880,880 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its stake in shares of Hudson by 43.7% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 1,250,442 shares of the company’s stock valued at $21,445,000 after buying an additional 380,392 shares in the last quarter. American Century Companies Inc. purchased a new stake in shares of Hudson in the fourth quarter valued at approximately $4,747,000. Finally, Eaton Vance Management purchased a new stake in shares of Hudson in the fourth quarter valued at approximately $3,508,000. Institutional investors own 41.76% of the company’s stock.

A number of research firms recently weighed in on HUD. Credit Suisse Group restated an “outperform” rating and issued a GBX 2,012 ($26.29) price target on shares of Aston Martin Lagonda Global in a research note on Wednesday, May 1st. Zacks Investment Research cut HEXO from a “hold” rating to a “sell” rating in a report on Wednesday, May 15th.

HUD stock traded down $0.14 during midday trading on Thursday, hitting $13.81. 106,458 shares of the stock were exchanged, compared to its average volume of 311,062. The stock’s 50-day moving average is $13.77. The stock has a market capitalization of $1.29 billion, a PE ratio of 16.64 and a beta of 0.76. Hudson Ltd has a fifty-two week low of $12.67 and a fifty-two week high of $23.22. The company has a debt-to-equity ratio of 2.19, a quick ratio of 0.63 and a current ratio of 1.05.

Hudson (NYSE:HUD) last issued its quarterly earnings data on Tuesday, May 14th. The company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.02. The firm had revenue of $445.00 million during the quarter, compared to analysts’ expectations of $437.08 million. Hudson had a return on equity of 12.30% and a net margin of 1.47%. Hudson’s revenue was up 4.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.04 earnings per share. Analysts predict that Hudson Ltd will post 0.69 EPS for the current fiscal year.

Hudson 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.

See Also: What is Green Investing?

Institutional Ownership by Quarter for Hudson (NYSE:HUD)

Receive News & Ratings for Hudson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hudson and related companies with MarketBeat.com's FREE daily email newsletter.