Hudson Ltd (NYSE:HUD) saw a significant decline in short interest during the month of July. As of July 15th, there was short interest totalling 528,400 shares, a decline of 29.5% from the June 15th total of 749,400 shares. Based on an average daily volume of 223,600 shares, the short-interest ratio is currently 2.4 days. Currently, 1.3% of the shares of the stock are short sold.

HUD traded up $0.44 during trading hours on Friday, hitting $13.35. The company’s stock had a trading volume of 160,830 shares, compared to its average volume of 213,329. The firm has a 50-day moving average of $13.74. Hudson has a 12 month low of $12.67 and a 12 month high of $23.22. The firm has a market cap of $1.19 billion, a PE ratio of 16.08 and a beta of 0.76. The company has a current ratio of 1.05, a quick ratio of 0.63 and a debt-to-equity ratio of 2.19.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of HUD. TimesSquare Capital Management LLC boosted its stake in Hudson by 45.6% during the first quarter. TimesSquare Capital Management LLC now owns 2,810,700 shares of the company’s stock worth $38,647,000 after buying an additional 880,880 shares during the period. American Century Companies Inc. purchased a new position in Hudson during the fourth quarter worth $4,747,000. Clearbridge Investments LLC boosted its stake in Hudson by 6.3% during the first quarter. Clearbridge Investments LLC now owns 3,681,545 shares of the company’s stock worth $50,621,000 after buying an additional 218,699 shares during the period. Legal & General Group Plc boosted its stake in Hudson by 797.9% during the fourth quarter. Legal & General Group Plc now owns 56,819 shares of the company’s stock worth $974,000 after buying an additional 50,491 shares during the period. Finally, Gotham Asset Management LLC boosted its stake in Hudson by 309.8% during the fourth quarter. Gotham Asset Management LLC now owns 49,837 shares of the company’s stock worth $855,000 after buying an additional 37,675 shares during the period. 41.73% of the stock is owned by institutional investors.

Several brokerages 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 report on Wednesday, May 1st. Zacks Investment Research cut shares of HEXO from a “hold” rating to a “sell” rating in a research report on Wednesday, May 15th.

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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