Today’s 13GD Filing: Why Esl Partners Reported Big Sears Hometown & Outlet Stores, Inc Position?

Today's 13GD Filing: Why Esl Partners Reported Big Sears Hometown & Outlet Stores, Inc Position?

The New Esl Partners Holding in Sears Hometown & Outlet Stores, Inc

Esl Partners filed with the SEC SC 13D/A form for Sears Hometown & Outlet Stores, Inc. The form can be accessed here: 000119312516759593. As reported in Esl Partners’s form, the filler as of late owns 54.2% or 12,311,950 shares of the Consumer Discretionary–company.

Sears Hometown & Outlet Stores, Inc stake is a new one for the and it was filed because of activity on November 2, 2016. We feel this shows Esl Partners’s positive view for the stock.

Sears Hometown & Outlet Stores, Inc Institutional Sentiment

Latest Security and Exchange filings show 64 investors own Sears Hometown & Outlet Stores, Inc. The institutional ownership in Q3 2015 is high, at 54.71% of the outstanding shares. This is decreased by 562283 the total institutional shares. 12429347 were the shares owned by these institutional investors. In total 13 funds opened new Sears Hometown & Outlet Stores, Inc stakes, 19 increased stakes. There were 20 that closed positions and 17 reduced them.

3 managers had the stock in their top Ten. Notable investors are: Rbs Partners L.P., Fairholme Capital Management Llc..

Bruce Berkowitz Fairholme Capital Management Llc is an institutional investor bullish on Sears Hometown & Outlet Stores, Inc, owning 409800 shares as of Q3 2015 for 0.09% of its portfolio. Sessa Capital Im Lp owns 816610 shares or 2.55% of its portfolio. FL Rbs Partners Lp have 2.44% of their stock portfolio for 4773858 shares. Further, Chou Associates Management Inc reported stake worth 3.64% of its US stock portfolio. The CT Prentice Capital Management Lp owns 79587 shares. Sears Hometown & Outlet Stores, Inc is 2.47% of the manager’s US portfolio.

Business Profile

Sears Hometown and Outlet Stores, Inc. is a national retailer primarily focused on selling home appliances, lawn and garden equipment, tools, and hardware. In addition to merchandise, the Company provides its customers with access to a suite of related services, including home delivery, installation, and extended-service plans. The Company operates through two segments: Sears Hometown and Hardware segment (Hometown) and Sears Outlet segment (Outlet). Its Hometown stores are designed to provide its customers with in-store and online access to selection of national brands of home appliances, lawn and garden equipment, tools, sporting goods, and household goods. Its Outlet stores are designed to provide in-store and online access to purchase outlet-value products across a range of merchandise categories, including home appliances, mattresses, apparel, sporting goods, lawn and garden equipment, tools, and other household goods, including furniture.

SEC Form 13D is filed within 10 days, by anyone who acquires beneficial ownership of 5%+ of any public firm. Activist investors and practices such as: company breakups, hostile takeovers, and change of control events, are permitted for this form filers. A filer must promptly update its 13D filing in case of acquisition or disposition of 1% or more of the securities that are the subject of the filing.

Insitutional Activity: The institutional sentiment increased to 1.06 in 2016 Q2. Its up 0.33, from 0.73 in 2016Q1. The ratio is positive, as 9 funds sold all Sears Hometown and Outlet Stores Inc shares owned while 22 reduced positions. 13 funds bought stakes while 20 increased positions. They now own 12.56 million shares or 2.40% more from 12.26 million shares in 2016Q1.

Blackrock Advisors Limited Liability holds 59,488 shares or 0% of its portfolio. Jacobs Levy Equity Incorporated owns 43,193 shares or 0.01% of their US portfolio. Blackrock Inv Management Ltd Limited Liability Company holds 40,938 shares or 0% of its portfolio. Deutsche Bancorp Ag last reported 21,711 shares in the company. Tfs Cap Ltd Llc accumulated 0.04% or 30,131 shares. Rhumbline Advisers accumulated 0% or 13,498 shares. American Intll Group Inc Inc last reported 6,478 shares in the company. Federated Inc Pa has invested 0% of its portfolio in Sears Hometown and Outlet Stores Inc (NASDAQ:SHOS). Moreover, Ancora Advisors Limited Liability Com has 0.06% invested in Sears Hometown and Outlet Stores Inc (NASDAQ:SHOS) for 71,800 shares. Teachers Advsr last reported 17,269 shares in the company. Dimensional Fund L P last reported 70,006 shares in the company. Bnp Paribas Arbitrage Sa reported 445 shares or 0% of all its holdings. Moreover, Schwab Charles Investment Management Inc has 0% invested in Sears Hometown and Outlet Stores Inc (NASDAQ:SHOS) for 28,446 shares. Moreover, Nationwide Fund Advisors has 0% invested in Sears Hometown and Outlet Stores Inc (NASDAQ:SHOS) for 6,263 shares. Wells Fargo And Mn owns 20 shares or 0% of their US portfolio.

Insider Transactions: Since June 7, 2016, the stock had 7 buys, and 0 sales for $2.17 million net activity. Robinson Ryan D bought $12,720 worth of Sears Hometown and Outlet Stores Inc (NASDAQ:SHOS) on Wednesday, June 8. Shares for $71,460 were bought by LAMPERT EDWARD S. On Wednesday, September 7 the insider BIRD E J bought $13,133. On Tuesday, September 6 the insider Phelan William K bought $25,183. Powell William A. also bought $12,600 worth of Sears Hometown and Outlet Stores Inc (NASDAQ:SHOS) on Tuesday, June 7.

The stock closed at $4.9 during the last session. It is down 20.07% since April 4, 2016 and is downtrending. It has underperformed by 21.16% the S&P500.

Sears Hometown and Outlet Stores, Inc. is a national retailer primarily focused on selling home appliances, lawn and garden equipment, tools, and hardware. The company has a market cap of $111.31 million. In addition to merchandise, the Company provides its clients with access to a suite of related services, including home delivery, installation, and extended-service plans. It currently has negative earnings. The Firm operates through two divisions: Sears Hometown and Hardware segment and Sears Outlet segment (Outlet).

More notable recent Sears Hometown and Outlet Stores Inc (NASDAQ:SHOS) news were published by: Seekingalpha.com which released: “Is Sears Hometown Worth More Dead Than Alive?” on November 03, 2016, also Prnewswire.com with their article: “Sears Hometown and Outlet Stores, Inc. Reports Second Quarter 2016 Results” published on September 02, 2016, Prnewswire.com published: “Sears Hometown And Outlet Stores, Inc. Reports First Quarter 2016 Results” on June 03, 2016. More interesting news about Sears Hometown and Outlet Stores Inc (NASDAQ:SHOS) were released by: Businesswire.com and their article: “Sears Hometown and Outlet Stores, Inc. Announces New CEO” published on July 01, 2015 as well as Prnewswire.com‘s news article titled: “Sears Hometown And Outlet Stores, Inc. Reports Third Quarter 2015 Results” with publication date: December 04, 2015.

According to Zacks Investment Research, “Sears Hometown and Outlet Stores, Inc. is a retailer primarily focused on selling home appliances, hardware, tools and lawn and garden equipment. The Company’s Sears Outlet Stores provide customers with in-store and online access to purchase new, one-of-a-kind, out-of-carton, discontinued, obsolete, used, reconditioned, overstocked and scratched and dented products, across a broad assortment of merchandise categories, including home appliances, lawn and garden equipment, apparel, mattresses, televisions, sporting goods and tools, and at prices that are significantly lower than manufacturers’ suggested retail prices. Sears Hometown and Outlet Stores, Inc. is based in Hoffman Estates, United States.”

SHOS Company Profile

Sears Hometown and Outlet Stores, Inc., incorporated on April 23, 2012, is a national retailer primarily focused on selling home appliances, lawn and garden equipment, tools, and hardware. In addition to merchandise, the Company provides its clients with access to a suite of related services, including home delivery, installation, and extended-service plans. The Firm and its dealers and franchisees operate approximately 1,160 stores across over 50 states, Puerto Rico and Bermuda. The Firm operates through two divisions: Sears Hometown and Hardware segment (Hometown) and Sears Outlet segment (Outlet).

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