Hold was Maintained on NIKE (NYSE:NKE) by Pivotal Research Group; with $73 Target.

June 27, 2018 - By Sarah Holford

NIKE, Inc. (NYSE:NKE) Corporate Logo

Big Money Sentiment decreased to 0.65 in 2018 Q1. It has change of 0.09, from 2017Q4’s 0.74. The ratio worsened due to NIKE, Inc. positioning: 64 sold and 515 reduced. 100 funds took holdings and 277 increased holdings. Investors holded 1.01 billion in 2017Q4 but now own 997.42 million shares or 1.70% less.

Fiduciary Financial Service Of The Southwest Tx, Texas-based fund reported 30,356 shs. Park National Oh has 1.36% invested in NIKE, Inc. (NYSE:NKE). Wafra Investment Advisory Grp has invested 0.65% in NIKE, Inc. (NYSE:NKE). Shine Investment Advisory Ser owns 0.08% invested in NIKE, Inc. (NYSE:NKE) for 2,234 shs. D L Carlson Inv stated it has 1.28% in NIKE, Inc. (NYSE:NKE). Prelude Cap Mngmt Lc has 2,904 shs. Jnba Financial Advsr accumulated 3,631 shs. Artisan Prtn Partnership invested in 293,915 shs. Columbia Asset owns 89,308 shs. Zurcher Kantonalbank (Zurich Cantonalbank) reported 295,584 shs. Carderock reported 51,478 shs. Madison Investment Hldgs has 3,778 shs. Fjarde Ap reported 370,499 shs or 0.38% of all its holdings. Guardian Advsr Limited Partnership owns 15,535 shs or 0.15% of their US capital. 4,600 are owned by Field & Main Bancshares.

NIKE, Inc. had 10 selling transactions and 0 insider purchases since January 2, 2018. This’s net activity of $56.97 million. Matheson Monique S. had sold 17,000 shs worth $1.28M. On Friday, January 5 $4.75 million worth of NIKE, Inc. (NYSE:NKE) was sold by Slusher John F. On Monday, June 4 PARKER MARK G also sold $9.86M worth of NIKE, Inc. (NYSE:NKE). $6.85 million worth of NIKE, Inc. (NYSE:NKE) was sold by EDWARDS TREVOR A on Wednesday, January 31.

Reiterated NIKE (NYSE:NKE) Rating.

Pivotal Research Group have a $73 price target on NIKE (NYSE:NKE) shares. On Tuesday, 26 June the $116.98B market cap company have Hold stock rating. This price target means a potential 0.58 % upside on the stock.

NIKE, Inc. (NYSE:NKE) Ratings Coverage

In total 20 analysts cover Nike (NYSE:NKE). “Buy” rating has 10, “Sell” are 0, while 10 are “Hold”. 50% are bullish. 30 are the (NYSE:NKE)’s analyst reports since January 5, 2018 according to StockzIntelligence Inc. On Thursday, April 19 the rating was maintained by Robert W. Baird with “Buy”. On Wednesday, January 31 Oppenheimer upgraded NIKE, Inc. (NYSE:NKE) to “Buy” rating. The company rating was maintained by Buckingham Research on Thursday, February 15. On Wednesday, June 20 the rating was maintained by Stifel Nicolaus with “Buy”. On Monday, June 11 the rating was maintained by Wells Fargo with “Market Perform”. In Thursday, January 11 report Cowen & Co maintained it with “Hold” rating and $64.0 target. On Thursday, March 22 the stock has “Buy” rating by Robert W. Baird. The company rating was upgraded by HSBC on Friday, April 27. On Thursday, February 15 the rating was maintained by Stifel Nicolaus with “Buy”. The stock rating was maintained by Robert W. Baird with “Buy” on Thursday, June 21.

NKE touched $72.58 during the last trading session after $0.23 change.NIKE, Inc. is uptrending after having risen 38.01% since June 27, 2017. NKE has 7.07M volume or 6.81% up from normal. The stock outperformed the S&P500 by 25.44%.

On June, 28 NIKE, Inc. (NYSE:NKE)’s earnings report is expected by WallStreet, according to RTT. Analysts forecast $0.64 earnings per share, which is $0.04 up or 6.67 % from 2017’s $0.6 earnings per share. If earnings per share of $0.64 is revealed the profit of NKE could be $1.03B giving it 28.35 P/E. After $0.68 EPS report previous quarter, Wall Street now forecasts -5.88 % negative EPS growth of NIKE, Inc..

NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide.The company has $116.98 billion market cap. It offers NIKE brand products in nine categories: running, NIKE basketball, the Jordan brand, football, men's training, women's training, action sports, sportswear, and golf.The P/E ratio is 67.08. The firm also markets products designed for kids, as well as for other athletic and recreational uses, such as cricket, lacrosse, tennis, volleyball, wrestling, walking, and outdoor activities.

For more NIKE, Inc. (NYSE:NKE) news published recently go to: Seekingalpha.com, Benzinga.com, Seekingalpha.com, 247Wallst.com or Seekingalpha.com. The titles are as follows: “Can Amazon Save Nike?” published on June 21, 2018, “Stifel: Nike ‘Uniquely Positioned’ In Shift To Direct-To-Consumer” on June 20, 2018, “It’s Earnings Season And Nike Investors Should Be Worried” with a publish date: June 25, 2018, “What to Expect When Nike Reports Thursday” and the last “Stocks To Watch: More Trade Tiffs And Stress Tests” with publication date: June 23, 2018.

NIKE, Inc. (NYSE:NKE) Institutional Investors Chart

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