Published: Wed, March 14, 2018
Business | By Tara Barton

Investors Sell Shares of Nike (NKE) on Strength (NKE)


Nike (NYSE:NKE) traded up $0.52 during trading on Monday, reaching $66.82. Investors of record on Monday, March 5th will be given a dividend of $0.20 per share.

NIKE, Inc. (NYSE:NKE) received a Buy rating from 6 analysts. It has underperformed by 16.03% the S&P500.

Bridgeway Capital Management Inc increased its stake in Arista Networks Inc (ANET) by 14.47% based on its latest 2017Q3 regulatory filing with the SEC. In the last three months, insiders sold 1,057,896 shares of company stock valued at $68,424,217. Palestra Capital Management Llc who had been investing in Praxair Inc for a number of months, seems to be less bullish one the $45.72 billion market cap company. The stock has a market cap of $109,020.00, a P/E ratio of 28.93, a price-to-earnings-growth ratio of 3.00 and a beta of 0.68. About 3.72 million shares traded. Zions Bancorporation - Warrants (NASDAQ:ZIONW) has 0.00% since March 13, 2017 and is. It has outperformed by 2.84% the S&P500.

Analysts await NIKE, Inc. Through this figure traders can analyze that NKE show whether or not a stock now most active and standing in buying side or sell side. Therefore 62% are positive. Nike Inc. had 223 analyst reports since July 29, 2015 according to SRatingsIntel.

1/31/2018-Citigroup Reiterated Rating of Buy. Canaccord Genuity maintained NIKE, Inc. (NYSE:NKE) has performed 2.72%. Credit Suisse has "Outperform" rating and $60 target. The firm earned "Buy" rating on Thursday, August 25 by BTIG Research. Nike accounts for about 1.1% of Trillium Asset Management LLC's portfolio, making the stock its 26th largest position. On Tuesday, April 11 the stock rating was maintained by Deutsche Bank with "Buy". Jefferies has "Buy" rating and $136.0 target. As per Friday, September 30, the company rating was initiated by Guggenheim. The firm has "Neutral" rating by B. Riley & Co given on Wednesday, September 28.

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Jfs Wealth Advsrs Limited Liability Company stated it has 0.01% of its portfolio in Schlumberger Limited (NYSE:SLB). The company exchanged hands with 3292803 shares contrast to its average daily volume of 3.01M shares. (NYSE:DNOW).

Since September 14, 2017, it had 0 insider purchases, and 8 sales for $45.81 million activity. (NYSE:NKE). Middleton & Inc Ma holds 0.32% or 34,532 shares in its portfolio. (NYSE:NKE) for 31,977 shares. The insider RODGERS JOHNATHAN A sold $855,206. Over the past week, NIKE, Inc. (NYSE:NKE) has "Buy" rating given on Thursday, January 11 by Macquarie Research. During the same quarter in the prior year, the company posted $0.50 EPS. NKE's profit will be $878.55 million for 30.98 P/E if the $0.54 EPS becomes a reality.

Investors sentiment decreased to 0.8 in Q3 2017. This represents a $0.80 annualized dividend and a dividend yield of 1.20%.

Hedge funds and other institutional investors have recently modified their holdings of the company. 4 funds opened positions while 6 raised stakes. 985.62 million shares or 0.88% less from 994.42 million shares in 2017Q2 were reported. Stifel Nicolaus maintained NIKE, Inc. It also reduced its holding in Baxter Intl Inc (NYSE:BAX) by 137,600 shares in the quarter, leaving it with 56,300 shares, and cut its stake in Travelers Companies Inc (NYSE:TRV). Palladium Prtnrs Ltd Llc reported 5,900 shares. Bb&T invested 0.04% of its portfolio in NIKE, Inc. Blb&B Advsr Ltd Liability, Pennsylvania-based fund reported 24,861 shares. Wholly-owned NIKE, Inc. subsidiary brands include Converse, which designs, markets and distributes athletic lifestyle footwear, apparel and accessories; and Hurley, which designs, markets and distributes surf and youth lifestyle footwear, apparel and accessories. (NYSE:NKE). Ckw Gru has invested 0.03% in NIKE, Inc. The footwear maker reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.06. Renaissance Limited Co holds 0% of its portfolio in Roper Technologies, Inc. Pub Employees Retirement Association Of Colorado owns 0.03% invested in Roper Technologies, Inc. Vanguard Group, a Pennsylvania-based fund reported 100.38 million shares. Zwj Inv Counsel Inc owns 0.03% invested in NIKE, Inc. Delta Asset Mngmt Tn has 656 shares. It also increased its holding in Intel Corp (NASDAQ:INTC) by 14,513 shares in the quarter, for a total of 392,028 shares, and has risen its stake in Raytheon Co (NYSE:RTN). The stock has a consensus rating of "Buy" and an average price target of $66.10. Therefore 52% are positive. As per Thursday, July 27, the company rating was maintained by Piper Jaffray. The rating was maintained by BMO Capital Markets on Thursday, August 3 with "Buy". The company was upgraded on Friday, May 6 by Raymond James. The company was downgraded on Monday, November 2 by Goldman Sachs. Credit Suisse Group's target price would indicate a potential upside of 16.73% from the stock's current price. (NYSE:NKE) on Monday, March 21 with "Overweight" rating. The firm has "Overweight" rating given on Thursday, January 19 by Atlantic Securities. Its down 0.05, from 0.86 in 2017Q2.

Investors are sharpening their focus on shares of Booking Holdings Inc. 83 funds opened positions while 258 raised stakes. They expect $0.03 EPS, 0.00% or $0.00 from last year's $0.03 per share. Alpha Windward Ltd Liability Corporation reported 2,664 shares. Savings Bank Of America Corp De reported 0% in MS Income Securities, Inc. Apg Asset Mgmt Nv holds 3.51M shares or 0.3% of its portfolio. Moreover, Heritage Wealth Advisors has 0.11% invested in The Boeing Company (NYSE:BA). Ci Investments Inc reported 0.27% in Praxair, Inc. Exane Derivatives invested in 0.35% or 35,687 shares. Dubuque Bank And holds 0.03% or 3,100 shares in its portfolio. Mutual Ins Federation Of Agricultural Cooperatives reported 8,900 shares. Wealthfront owns 27,684 shares or 0.02% of their U.S. portfolio. X Mngmt Com Ltd Liability Com has invested 0.03% in NIKE, Inc. Mckinley Carter Wealth Services holds 4,452 shares.

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