The current trading volume of 6.71 sits 50.67% lower than the past 3 month's readings, indicating near-term traders have been less active toward NKE than usual of late. About 4.05 million shares traded. It has outperformed by 31.44% the S&P500.
Axa decreased its stake in Red Hat Inc (RHT) by 16.72% based on its latest 2017Q3 regulatory filing with the SEC. Halsey Associates Inc bought 12,917 shares as the company's stock declined 8.78% while stock markets rallied. The institutional investor held 901,736 shares of the consumer non-durables company at the end of 2017Q3, valued at $46.76M, up from 874,656 at the end of the previous reported quarter. Jacobson & Schmitt Advisors Llc who had been investing in Nike Inc for a number of months, seems to be bullish on the $104.41 billion market cap company.
Nike (NKE) traded up $0.13 during trading on Thursday, hitting $64.22. Clifford Swan Counsel Ltd Company invested in 185,019 shares.
Nike (NYSE:NKE) has been assigned a $64.00 price objective by investment analysts at Cowen in a research report issued to clients and investors on Thursday. It has underperformed by 25.94% the S&P500.
Southeast Asset Advisors Inc, which manages about $1.76 billion and $316.12 million US Long portfolio, decreased its stake in Alphabet Inc by 874 shares to 34,948 shares, valued at $33.52M in 2017Q3, according to the filing. (NYSE:NKE) for 7,910 shares. Three research analysts have rated the stock with a sell rating, twenty have given a hold rating and twenty-two have assigned a buy rating to the stock. Therefore 52% are positive. Marriott International had 56 analyst reports since August 5, 2015 according to SRatingsIntel. In a hard retail operating environment, Nike managed to make solid strides in manufacturing, distribution and strategic partnerships; as well as build out its worldwide business and deliver fresh product. The firm has "Hold" rating given on Thursday, December 14 by Wedbush. Robert W. Baird has "Buy" rating and $74.0 target. On Monday, September 21 the stock rating was maintained by Mizuho with "Buy". The stock of NIKE, Inc. The brokerage now has a neutral rating on the footwear maker's stock. The firm earned "Top Pick" rating on Monday, March 13 by RBC Capital Markets. Cowen and Company downgraded shares of Nike from an "outperform" rating to a "market perform" rating and reduced their price objective for the stock from $59.00 to $54.00 in a research report on Tuesday, December 6th. Goldman Sachs maintained it with "Buy" rating and $66 target in Wednesday, June 29 report. The firm has "Sector Perform" rating given on Friday, August 12 by Scotia Capital. Argus Research maintained NIKE, Inc. (NASDAQ:MAR) rating on Thursday, November 9. Finally, Morgan Stanley reaffirmed a buy rating and issued a $64.00 target price (down from $68.00) on shares of Nike in a report on Tuesday, August 29th.
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Security Council imposed a series of sanctions restricting oil imports and cutting off about 90 percent of its export revenue. After North Korea tested its most powerful nuclear device yet and launched missiles capable of reaching the U.S., the U.N.
Investors sentiment decreased to 0.8 in 2017 Q3. This represents a $0.80 dividend on an annualized basis and a yield of 1.24%. 125 funds opened positions while 492 raised stakes. 236.59 million shares or 1.84% less from 241.03 million shares in 2017Q2 were reported. Beach Investment Limited Liability Com has 3.78% invested in Citigroup Inc. Quantitative Systematic Strategies Limited Liability has 3,535 shares. State Of New Jersey Common Pension Fund D holds 0.84% or 2.88 million shares in its portfolio. Exane Derivatives owns 35,687 shares. Weatherly Asset Management Limited Partnership reported 0.56% stake. Nomura Hldg reported 0% of its portfolio in Gartner, Inc. Prudential Financial has 433,373 shares for 0.08% of their portfolio. Invesco Ltd reported 0.05% of its portfolio in NIKE, Inc. Ally has invested 1.14% in NIKE, Inc. (NASDAQ:MAR) for 2,600 shares. Glenmede Tru Na has 18,427 shares for 0% of their portfolio. The shares were sold at an average price of $63.10, for a total transaction of $14,263,124.00.
In other news, Chairman Mark G. Parker sold 135,000 shares of the business's stock in a transaction dated Monday, December 18th. The insider Matheson Monique S. sold $650,000. The shares were sold at an average price of $62.00, for a total value of $620,000.00.
NIKE, Inc is engaged in the design, development, marketing and selling of athletic footwear, apparel, equipment, accessories and services. It is down 0.00% since January 10, 2017 and is. Its up 0.25, from 1.1 in 2017Q2. Capital Research Global Investors lifted its holdings in shares of Nike by 10.4% during the 2nd quarter.
Other hedge funds have also recently added to or reduced their stakes in the company. The footwear maker reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.06. 433,000 are owned by Ig Limited. Ontario Teachers Pension Plan Board holds 0.29% of its portfolio in NIKE, Inc. That suggests something of the likelihood of a short squeeze in shares of NKE. JPMorgan Chase & Co. set a $58.00 price objective on Nike and gave the company a "neutral" rating in a report on Tuesday, January 2nd. Green Street Investors Llc, a California-based fund reported 47,000 shares. Decide if NIKE, Inc.is a good fit for yourself and be sure to keep an open mind on everything. Jarislowsky Fraser accumulated 219,268 shares. Carret Asset Mngmt Ltd Llc owns 17,918 shares or 0.15% of their USA portfolio. Zebra Capital Management Ltd Liability Corp reported 0.4% in EVERTEC, Inc. Following the transaction, the insider now owns 165,591 shares of the company's stock, valued at approximately $10,448,792.10. (NYSE:NKE). 715 are held by Edge Wealth Mgmt Lc. 1,400 were accumulated by Blackhill Cap. The stock had a trading volume of 7,874,179 shares. Eulav Asset Management sold 53,800 shares as Wolverine World Wide Inc (WWW)'s stock rose 5.99%.