10 September, 2017
Grantham Mayo Van Otterloo & Co Llc sold 183,211 shares as Nike Inc (NKE)'s stock declined 8.78%. Nike's revenue for the quarter was up 5.3% compared to the same quarter a year ago. The stock had a trading volume of 8,809,277 shares. About 8.56M shares traded or 15.99% up from the average. (NKE) opened at 52.20 on Friday. It has underperformed by 25.94% the S&P500.
Citizens & Northern Corp increased its stake in Nike Inc. Announces First Quarter Fiscal 2018 Earnings and Conference Call" on September 05, 2017, also Seekingalpha.com with their article: "Nike: Swoosh In And Buy The Dip" published on August 29, 2017, Nasdaq.com published: "Nike, Inc. Gamestop Corp New now has $1.94 billion valuation. About 233,776 shares traded. Ruby Tuesday, Inc. (NYSE:RT) has declined 41.84% since September 9, 2016 and is downtrending. It has underperformed by 16.70% the S&P500.
Among 20 analysts covering GameStop Corp. The firm has "Positive" rating by Susquehanna given on Tuesday, October 11. GameStop Corp. has $60 highest and $17.95 lowest target. 21Vianet Group had 7 analyst reports since August 27, 2015 according to SRatingsIntel. The stock of GameStop Corp. On Friday, May 26 the stock rating was maintained by Stifel Nicolaus with "Hold". Cowen and Company increased their price objective on shares of Nike from $53.00 to $54.00 and gave the company a "market perform" rating in a research note on Friday, June 30th. The ex-dividend date of this dividend was Thursday, December 1st. The rating was maintained by Pacific Crest with "Overweight" on Saturday, August 29. On Friday, September 23 the stock rating was maintained by Canaccord Genuity with "Hold". The rating was maintained by Benchmark on Tuesday, November 24 with "Sell". The rating was downgraded by Craig Hallum to "Hold" on Wednesday, August 10.
Investors sentiment decreased to 1 in Q4 2016. This represents a $0.72 annualized dividend and a yield of 1.35%.
Other hedge funds also recently added to or reduced their stakes in the company. Howe Rusling, New York-based fund reported 235 shares. Jacobson Schmitt Advsr Limited Liability invested 4.02% of its portfolio in Nike Inc (NYSE:NKE). (NYSE:GME). Dreman Value L L C has invested 0.26% in GameStop Corp. Bokf Na owns 103,727 shares for 0.17% of their portfolio. Howard Mngmt owns 252,469 shares. (NYSE:RT). Suntrust Banks invested in 11,015 shares. Prudential Financial invested in 34,952 shares or 0% of the stock. California State Teachers Retirement Systems invested in 0% or 32,446 shares. Rhumbline Advisers holds 20,120 shares or 0% of its portfolio. Cwm Ltd Liability Corporation holds 1,022 shares. Cordasco Fincl Net reported 60 shares stake. Spark Management Limited Liability Corp reported 44,300 shares. It also reduced Conocophillips (NYSE:COP) stake by 13,458 shares and now owns 187,091 shares. Marriott Intl Inc New (NASDAQ:MAR) was reduced too.
Since March 24, 2017, it had 1 insider buy, and 5 selling transactions for $14.79 million activity. The shares were sold at an average price of $59.00, for a total value of $2,950,000.00. PARKER MARK G sold $3.66M worth of Nike Inc (NYSE:NKE) on Thursday, June 1. Jefferies Grp Ltd Liability reported 0.04% in Nike Inc (NYSE:NKE). During the same period in the prior year, the firm posted $0.49 EPS. NKE's profit will be $804.28M for 26.63 P/E if the $0.49 EPS becomes a reality. First Amer Natl Bank reported 0.15% of its portfolio in Nike Inc (NYSE:NKE).
Nike Inc now has $85.28 billion valuation. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the stock. Therefore 80% are positive. The company has a consensus rating of "Buy" and a consensus price target of $62.28. Nike Inc. had 170 analyst reports since July 29, 2015 according to SRatingsIntel. Piper Jaffray Companies reaffirmed a "buy" rating on shares of Nike in a report on Thursday, July 27th. Jefferies Group LLC downgraded shares of Nike to a "buy" rating in a report on Tuesday, August 29th. The firm earned "Outperform" rating on Wednesday, June 29 by Robert W. Baird. The company was maintained on Friday, September 25 by Macquarie Research. The stock of Nike Inc (NYSE:NKE) has "Overweight" rating given on Monday, March 21 by JP Morgan. DA Davidson upgraded the stock to "Buy" rating in Thursday, October 8 report. The firm has "Hold" rating given on Tuesday, April 4 by Argus Research. As per Thursday, January 19, the company rating was initiated by Atlantic Securities. Credit Suisse maintained it with "Outperform" rating and $60 target in Wednesday, December 28 report.
Investors sentiment is 0.91 in 2016 Q4. Its down 0.07, from 1.07 in 2016Q3. Equities analysts expect that Nike, Inc. will post $2.34 earnings per share for the current year. Bridgewater Associates LP raised its position in Nike by 544.9% in the third quarter. 993.29 million shares or 0.55% less from 998.81 million shares in 2016Q3 were reported. Ar Asset Inc owns 45,000 shares for 0.98% of their portfolio. Reliant Inv Mgmt Lc invested in 2.29% or 55,200 shares. Eulav Asset Mngmt accumulated 149,000 shares. 7,176 were accumulated by Montecito Bankshares Trust. Professional Advisory Incorporated invested 0.1% of its portfolio in Nike Inc (NYSE:NKE). Leisure Cap Mgmt has 0.29% invested in Nike Inc (NYSE:NKE) for 6,250 shares. (NYSE:RT). Mason Street Limited Liability Company has invested 0% in Ruby Tuesday, Inc. Moreover, Saybrook Cap Nc has 0.21% invested in Nike Inc (NYSE:NKE). Hcsf Management Llc bought 761,828 shares as the company's stock declined 3.53% while stock markets rallied. Segall Bryant & Hamill Limited Co reported 217,623 shares or 0.28% of all its holdings. The correct version of this news story can be accessed at https://www.truebluetribune.com/2017/09/09/nike-inc-nke-lowered-to-hold-at-jefferies-group-llc.html.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.
