Nike Inc (NYSE:NKE) Stock Price While Sentiment Crashed to 0.65

June 27, 2018 - By Mark Williams

NIKE, Inc. (NYSE:NKE) Corporate Logo

“Big money” Positions

In Q1 2018 Nike Inc (NYSE:NKE) big money sentiment decreased to 0.65, according to SEC.gov filings. So its down -0.09, from 2017Q4’s 0.74. 377 investment professionals started new and increased stock positions, while 579 sold and decreased positions in Nike Inc so the sentiment dived. These funds own 997.42 million shares, that’s down from 1.01 billion shares in 2017Q4. Funds holding Nike Inc in top 10 changed to 43 from 37 for an increase of 6. In total 64 funds closed positions, 515 reduced and 277 increased. Also 100 funds bought new Nike Inc stakes.

Largest Nike Inc Investors

As of Q1 2018 Mcdonald Capital Investors Inc Ca has 6.78% invested in Nike Inc. Nike Inc’s shareholder Bank Pictet & Cie (Asia) Ltd owns 208,324 shares as of Q1 2018. In addition, Orbis Investment Management (U.S.) Llc reported 136,508 shares in Nike Inc equivalent to 6.32% of its portfolio. The Texas-based fund Ycg Llc have invested about 6.27% of the institutional investor’s stock portfolio in Nike Inc. The Florida-based fund Polen Capital Management Llc holds 13.02 million shares or 6.14% of their portfolio.

NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide.The firm is worth $116.98 billion. It offers NIKE brand products in nine categories: running, NIKE basketball, the Jordan brand, football, menÂ’s training, womenÂ’s training, action sports, sportswear, and golf.67.08 is the P/E ratio. 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.

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. NKE outperformed by 25.44% the S&P500.

On June, 28 WallStreet anticipated NIKE, Inc. (NYSE:NKE)’s earnings report, Faxor reports. The earnings per share diference is $0.04 or 6.67 % up from last years number. Previous year: $0.6; Analysts forcast: $0.64. If reported the P/E will be 28.35 with $1.03 billion profit. -5.88 % negative EPS growth is what Wall Street’s sees after $0.68 reported EPS previous quarter.

Bancorporation Of Montreal Can holds 0.07% or 1.10 million shs. Mufg Americas Holdings stated it has 85,641 shs or 0.18% of all its holdings. The Ohio-based Hendley Com Incorporated has invested 0.96% in NIKE, Inc. (NYSE:NKE). Yhb Invest accumulated 1.15% or 101,770 shs. Old Comml Bank In owns 25,268 shs for 0.09% of their capital. Security Comml Bank Of So Dak has 40,167 shs. Fjarde Ap has invested 0.38% in NIKE, Inc. (NYSE:NKE). Schmidt P J Investment Mgmt reported 45,372 shs. Howard Cap Management invested in 0.09% or 9,038 shs. Olstein Cap Lp invested in 55,000 shs or 0.46% of the stock. Bankshares Of Mellon owns 26.67M shs. Lord Abbett Llc holds 512,900 shs. 158,151 are owned by Connors Investor. Woodmont Invest Counsel Ltd Liability Company accumulated 0.57% or 30,939 shs. The Massachusetts-based Baldwin Brothers Ma has invested 0.1% in NIKE, Inc. (NYSE:NKE).

NIKE, Inc. had 10 insider sales and 0 buys since January 2, 2018. This’s net activity of $56.97 million. SPRUNK ERIC D sold $6.77 million worth of stock. 125,722 shs were sold by Slusher John F, worth $7.94 million on Tuesday, January 2. Another trade for 17,000 shs valued at $1.28 million was made by Matheson Monique S. on Thursday, June 7. 100,000 shs were sold by EDWARDS TREVOR A, worth $6.85 million on Wednesday, January 31.

NIKE, Inc. (NYSE:NKE) Ratings Coverage

Total analysts of 20 have positions in Nike (NYSE:NKE) as follows: 10 rated it a “Buy”, 0 with “Sell” and 10 with “Hold”. The positive are 50%. The firm has $87 highest while $60.0 is the lowest target. The average target $74.50 is 2.65% above the last ($72.58) price. Since January 5, 2018 according to StockzIntelligence Inc Nike has 30 analyst reports. On Thursday, January 11 the stock of NIKE, Inc. (NYSE:NKE) earned “Hold” rating by Cowen & Co. On Friday, March 23 the rating was maintained by Canaccord Genuity with “Hold”. In Friday, April 27 report HSBC upgraded it to “Buy” rating and $7700 target. On Friday, January 19 the firm has “Outperform” rating by Wedbush given. On Thursday, June 21 the firm has “Neutral” rating given by UBS. On Thursday, January 11 the firm earned “Buy” rating by Macquarie Research. On Thursday, February 15 the firm has “Buy” rating by Stifel Nicolaus given. In Wednesday, June 20 report Stifel Nicolaus maintained the stock with “Buy” rating. In Monday, June 11 report Wells Fargo maintained the stock with “Market Perform” rating. On Friday, March 23 the firm earned “Hold” rating by Jefferies.

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

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

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