TheStreet upgraded shares of Hudson (NYSE:HUD) from a d+ rating to a c- rating in a report issued on Thursday, TheStreetRatingsTable reports.
HUD has been the topic of several other reports. ValuEngine raised shares of Hudson from a hold rating to a buy rating in a research note on Wednesday, October 2nd. Zacks Investment Research lowered shares of Hudson from a hold rating to a sell rating in a report on Thursday, November 7th. Finally, Bank of America cut shares of Hudson from a neutral rating to an underperform rating and dropped their price objective for the stock from $14.00 to $10.00 in a research report on Tuesday, November 5th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have issued a buy rating to the stock. Hudson currently has a consensus rating of Hold and a consensus price target of $15.25.
Shares of NYSE HUD opened at $14.06 on Thursday. Hudson has a 12-month low of $10.33 and a 12-month high of $18.50. The firm’s 50-day simple moving average is $12.94 and its 200 day simple moving average is $12.79. The company has a quick ratio of 0.71, a current ratio of 1.06 and a debt-to-equity ratio of 2.15. The company has a market cap of $1.29 billion, a price-to-earnings ratio of 16.94, a price-to-earnings-growth ratio of 7.25 and a beta of 0.94.
Several institutional investors and hedge funds have recently modified their holdings of the company. JPMorgan Chase & Co. boosted its holdings in Hudson by 31.5% in the second quarter. JPMorgan Chase & Co. now owns 3,473,202 shares of the company’s stock valued at $48,625,000 after acquiring an additional 831,574 shares during the last quarter. Nuveen Asset Management LLC acquired a new position in Hudson during the 2nd quarter valued at about $5,711,000. Eagle Asset Management Inc. bought a new position in shares of Hudson in the 2nd quarter valued at about $3,898,000. Renaissance Technologies LLC boosted its stake in shares of Hudson by 64.2% in the 2nd quarter. Renaissance Technologies LLC now owns 631,600 shares of the company’s stock valued at $8,710,000 after purchasing an additional 246,900 shares during the last quarter. Finally, Eaton Vance Management boosted its stake in shares of Hudson by 51.5% in the 2nd quarter. Eaton Vance Management now owns 421,906 shares of the company’s stock valued at $5,818,000 after purchasing an additional 143,443 shares during the last quarter. 41.98% of the stock is currently owned by institutional investors and hedge funds.
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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