The institutional investor held 128,209 shares of the consumer non-durables company at the end of 2017Q3, valued at $6.65M, up from 115,292 at the end of the previous reported quarter. King Luther Capital Management Corp who had been investing in Nike Inc for a number of months, seems to be less bullish one the $105.15B market cap company. The stock increased 1.16% or $0.75 during the last trading session, reaching $65.38. The stock price of NKE is moving down from its 20 days moving average with -2.50% and isolated negatively from 50 days moving average with -2.49%. Goldman Sachs downgraded the shares of NKE in report on Wednesday, December 2 to "Buy" rating. It has underperformed by 25.94% the S&P500.
Ken Heebner decreased its stake in Pfizer Inc (PFE) by 32.81% based on its latest 2017Q3 regulatory filing with the SEC. Croft-Leominster Inc bought 10,030 shares as the company's stock declined 5.25% while stock markets rallied. The stock decreased 3.50% or $1.9 during the last trading session, reaching $52.44.
Since December 11, 2017, it had 0 insider buys, and 8 selling transactions for $45.81 million activity. NIKE, Inc. (NYSE:NKE) has declined 9.24% since March 26, 2017 and is downtrending. It has underperformed by 2.80% the S&P500. 74,278 shares valued at $4.75M were sold by Slusher John F on Friday, January 5. The insider Matheson Monique S. sold 10,000 shares worth $620,000.
Nike topped overall forecasts, but its holiday-quarter performance in North America still reflected a 6% revenue decline, marking the third consecutive drop in the crucial market. PARKER MARK G sold $8.78M worth of stock or 135,000 shares. $6.85 million worth of NIKE, Inc. Therefore 57% are positive. The company had revenue of $8.98 billion during the quarter, compared to the consensus estimate of $8.85 billion. NIKE, Inc. has a performance for the week of -1.94%. (NYSE:AEO) has "Outperform" rating given on Thursday, September 17 by Cowen & Co. UBS has "Buy" rating and $70 target.
On 23 March 2018, CPI Aerostructures, Inc. Now the analysts who cover the company rated it a consensus rating score of 1.9. Jefferies maintained the stock with "Buy" rating in Monday, June 20 report. Morgan Stanley maintained NIKE, Inc. (NYSE:NKE) on Friday, August 26 to "Neutral" rating. The company was maintained on Friday, October 16 by B. Riley & Co. The firm earned "Buy" rating on Tuesday, December 15 by Stifel Nicolaus. (NYSE:AEO) on Thursday, March 22 with "Buy" rating. (NYSE:NKE) earned "Market Perform" rating by Wells Fargo on Wednesday, September 27.
Investors sentiment decreased to 1.55 in 2017 Q3. This represents a $0.80 annualized dividend and a yield of 1.24%. 23 funds opened positions while 59 raised stakes. 985.62 million shares or 0.88% less from 994.42 million shares in 2017Q2 were reported. Stockholders of record on Monday, March 5th will be issued a $0.20 dividend. Cap Int Investors has 0.61% invested in NIKE, Inc. (NYSE:NKE) for 132,740 shares. Gateway Advisers Lc holds 98,767 shares or 0.04% of its portfolio. Twin Mgmt has invested 0.22% in NIKE, Inc. (NYSE:NKE). Willingdon Wealth Mngmt invested in 2,203 shares. Raab And Moskowitz Asset Management Ltd Llc stated it has 30,340 shares or 0.8% of all its holdings. Windward Cap Management Communications Ca, California-based fund reported 399,487 shares. Arkansas-based Meridian Mngmt has invested 0.97% in NIKE, Inc. (NYSE:NKE). Moreover, Cambridge Tru Com has 0.02% invested in NIKE, Inc. Clearbridge Invs Ltd Llc holds 0% of its portfolio in PG&E Corporation (NYSE:PCG) for 204 shares. (NYSE:NKE) on Tuesday, February 27.
Suncoast Equity Management, which manages about $229.33 million and $344.37M US Long portfolio, upped its stake in Home Depot (NYSE:HD) by 33,604 shares to 75,974 shares, valued at $12.43 million in 2017Q3, according to the filing. 9,965 were accumulated by Klingenstein Fields & Ltd. It also reduced its holding in Harley Davidson Inc (NYSE:HOG) by 186,269 shares in the quarter, leaving it with 3,757 shares, and cut its stake in Flir Sys Inc (NASDAQ:FLIR).
Investors sentiment increased to 0.96 in Q3 2017. Its down 0.06, from 0.8 in 2017Q2. 411.71 million shares or 0.10% more from 411.30 million shares in 2017Q2 were reported. The volume gives an investor an idea of the price action of a security and whether he should buy or sell the security. Ls Investment Advsrs owns 0.01% invested in Community Bank System, Inc. (NYSE:CBU) for 43,390 shares. (NYSE:VZ) for 136,228 shares. Bowen Hanes Company accumulated 12,854 shares. The insider now directly owns 181,538 shares worth $11,732,801. Cypress Asset Mgmt Tx stated it has 0.45% of its portfolio in NIKE, Inc. It operates FanLogic Connect, a proprietary SAAS product that enables companies of various sizes to create, launch, and manage their own digital social promotional campaigns. Nomura Inc invested in 0.01% or 52,216 shares. Blair William Company Il holds 264,731 shares. (NYSE:VZ) for 3.28M shares. Nike Inc Class B now has $107.20 billion valuation. At present, 0 analysts call it Sell, while 6 think it is Hold. Therefore 62% are positive. The firm has "Buy" rating given on Monday, March 19 by Jefferies. The stock of American Eagle Outfitters, Inc. Oppenheimer raised shares of Nike to a "buy" rating in a report on Wednesday, January 31st. The company was maintained on Thursday, December 14 by Wedbush. As per Wednesday, January 18, the company rating was upgraded by Credit Suisse. FBR Capital maintained NIKE, Inc.
Banks stocks, positive European markets lift equities
The laggards were BSE Information Technology (-0.68%), Oil & Gas (-0.31%) and Teck (-0.08%) were the only laggards. It edged higher by 132.60 points or 1.33 per cent to provisionally close at 10,130.65 points (at 3.30 p.m).