Nike, Inc. (NKE) Stake Decreased by Personal Capital Advisors Corp

Nike Inc
A statement released today by Telsey Advisory Group about Nike Inc. (NYSE:NKE) ups the target price to $63.00
Author

28 August, 2017

Prentiss Smith & Co Inc acquired 8,195 shares as Nike Inc. (NKE)'s stock declined 8.78%. Hirtle Callaghan & Co Llc who had been investing in Nike Inc for a number of months, seems to be less bullish one the $88.47B market cap company. The last stock close price is up -3.41% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the same time. Citigroup Inc. increased their price objective on Nike to $66.00 in a report on Thursday, March 23rd. The institutional investor held 33 shares of the consumer non-durables company at the end of 2016Q4, valued at $32,000, down from 2,768 at the end of the previous reported quarter. Apple Inc now has $825.71B valuation.

The stock increased 4.41% or $0.15 on August 25, reaching $3.55. About 72,220 shares traded. S&W Seed Company (SANW) has declined 4.21% since August 27, 2016 and is downtrending. It has outperformed by 36.26% the S&P500.

Since January 1, 0001, it had 0 insider buys, and 7 insider sales for $676,897 activity. $2.85 million worth of Nike Inc (NYSE:NKE) was sold by SPRUNK ERIC D. VINSON DAVID C had sold 3,000 shares worth $117,360 on Thursday, May 18. Bnp Paribas Inv Prtn Sa owns 1.27 million shares.

In other Nike news, CFO Andrew Campion sold 96,243 shares of Nike stock in a transaction that occurred on Friday, June 30th. Johnson Counsel invested in 0.25% or 162,982 shares.

Among 47 analysts covering Apple Inc. Argus Research has "Buy" rating and $150.0 target. Therefore 100% are positive. Needham & Company LLC reaffirmed a "hold" rating on shares of Nike in a research note on Thursday.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 5th. Morgan Stanley maintained Apple Inc. Sterne Agee CRT maintained the shares of NKE in report on Thursday, September 17 with "Neutral" rating. The rating was maintained by Telsey Advisory Group on Tuesday, September 22 with "Outperform". The stock of MasTec, Inc. The company was maintained on Wednesday, October 12 by UBS. The firm has "Overweight" rating given on Monday, March 21 by JP Morgan. The firm has "Outperform" rating given on Wednesday, July 27 by BMO Capital Markets. Finally, DA Davidson restated a "buy" rating and issued a $64.00 price target on shares of Nike in a research note on Friday, March 17th. Pacific Crest maintained Apple Inc. Van ECK Associates Corp now owns 23,961 shares of the footwear maker's stock worth $1,335,000 after buying an additional 1,438 shares in the last quarter. It also reduced Ishares Trust Msci Usa Minimum (USMV) stake by 56,628 shares and now owns 9,946 shares.

Investors sentiment decreased to 0.83 in Q4 2016. Its up 0.02, from 1.1 in 2016Q3. Lehman Financial Res Incorporated invested in 2.14% or 65,295 shares. 123 funds opened positions while 723 raised stakes. Evercore Wealth Ltd Liability stated it has 378 shares. Financial Bank Of Montreal Can holds 0.05% or 939,456 shares. 1492 Management Limited Com has 1.62% invested in MasTec, Inc. Jacobs Levy Equity Mngmt Incorporated has 0.02% invested in DXP Enterprises Inc (NASDAQ:DXPE). (NASDAQ:AAPL). Butensky & Cohen Security has 18,579 shares.

Analysts await Nike Inc (NYSE:NKE) to report earnings on September, 26. 141,468 are owned by Stonebridge Capital Advsr Limited Co. Moreover, Filament Lc has 0.55% invested in Apple Inc. (NASDAQ:AAPL) for 10,127 shares. Hs Mngmt Prtn Limited Liability Corporation accumulated 5.98% or 3.16 million shares. Crestwood Advisors Group LLC acquired a new stake in shares of Nike during the first quarter worth about $117,000. Smith Asset Mgmt LP holds 2.2% in Apple Inc. Whittier Of Nevada, Nevada-based fund reported 265,090 shares. Polen Limited Liability Corp holds 9,393 shares. Gamco Invsts Et Al has 0.05% invested in Apple Inc.

Among 42 analysts covering Nike Inc. Three investment analysts have rated the stock with a sell rating, fifteen have issued a hold rating and twenty-two have issued a buy rating to the stock. Therefore 60% are positive. $74.28's average target is 37.81% above currents $53.9 stock price. The firm earned "Positive" rating on Tuesday, October 11 by Susquehanna. Finally, Deutsche Bank AG set a $63.00 target price on shares of Nike and gave the stock a "buy" rating in a report on Tuesday, June 20th. The rating was maintained by Jefferies on Wednesday, March 23 with "Buy". The company was maintained on Wednesday, June 29 by Jefferies. On Monday, August 24 the stock rating was upgraded by Kelsey Advisory Group to "Market Perform". The firm has "Buy" rating given on Monday, June 19 by Barclays Capital. Whole Foods Market Inc. Rockwell Automation Inc (NYSE:ROK) was reduced too.

Investors sentiment increased to 1.07 in 2016 Q4. Its up 0.09, from 0.98 in 2016Q3. It improved, as 84 investors sold NKE shares while 443 reduced holdings. 112 funds opened positions while 405 raised stakes. The footwear maker reported $0.60 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.50 by $0.10. First Personal stated it has 116 shares or 0% of all its holdings. Acadian Asset Mgmt reported 0.01% stake. Wealthcare Management Ltd Limited Liability Company has invested 0% of its portfolio in Nike Inc (NYSE:NKE). Kanaly Trust Co reported 1,103 shares. Smithbridge Asset De reported 1.78% stake. Patten And Patten Tn invested in 73,182 shares or 0.46% of the stock. Leisure Mgmt reported 6,250 shares. Following the transaction, the director now owns 55,660 shares of the company's stock, valued at $3,142,007. Hamilton Point Advsrs Ltd Co reported 1.46% of its portfolio in Nike Inc (NYSE:NKE). More interesting news about Nike Inc (NYSE:NKE) were released by: Fool.com and their article: "Why Nike Inc". Eagle Ridge Invest Management holds 116,155 shares or 1.23% of its portfolio. Navellier & Assoc Inc holds 20,300 shares or 0.17% of its portfolio.

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