0.74 is Nike Inc’s (NYSE:NKE) Big Money Sentiment

May 17, 2018 - By Nadine Davis

NIKE, Inc. (NYSE:NKE) Corporate Logo

“Big money” Positions

In 2017 Q4 Nike Inc (NYSE:NKE) big money sentiment decreased to 0.74, revealed SEC filings. That’s down -0.06, from 2017Q3’s 0.8. 421 active investment managers opened new and increased positions, while 571 trimmed and sold holdings in Nike Inc so the sentiment worsened. These funds own 1.01 billion shares, that’s up from 985.62 million shares in 2017Q3. Funds holding Nike Inc in top 10 changed to 37 from 29 for an increase of 8. In total 70 funds closed positions, 501 reduced and 312 increased. Also 109 funds bought new Nike Inc stakes.

Biggest Nike Inc Investors

As of 2017 Q4 Mcdonald Capital Investors Inc Ca has 6.37% invested in Nike Inc. As of 2017 Q4, 5.84 million shares of Nike Inc are owned by Pershing Square Capital Management L.P.. Bank Pictet & Cie (Asia) Ltd reported 228,310 shares. The Texas-based fund Ycg Llc have invested about 5.99% of the fund’s stock portfolio in Nike Inc. The Florida-based fund Polen Capital Management Llc looks positive on Nike Inc, possessing 12.74 million shares.

NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide.The firm is valued at $114.98 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.30.87 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 is touching $71.34 during the last trading session, after increased 2.65%.NIKE, Inc. has 9.69 million shares volume, 33.84% up from normal. NKE is uptrending and has moved 18.31% since May 17, 2017. The stock outperformed the S&P500 by 6.76%.

On July, 5 WallStreet anticipated NIKE, Inc. (NYSE:NKE)’s earnings report, as reported by RTT. Analysts expect change of 6.67 % or $0.04 from previous year’s $0.6 EPS compared to current’s $0.64 EPS. NKE’s profit could be $1.03B if the current EPS of $0.64 is accurate. -5.88 % negative EPS growth is what analysts predict. $0.68 EPS was published for last quarter.

2.33M are owned by Rhumbline Advisers. Ims accumulated 0.3% or 7,641 shs. St Johns Invest Mngmt Ltd invested 0.91% of its capital in NIKE, Inc. (NYSE:NKE). 2.26 million were accumulated by Manufacturers Life The. Bnp Paribas Asset Management Holdg reported 1.19M shs or 0.64% of all its holdings. Waldron Ltd Partnership reported 5,943 shs stake. Moreover, Old Point & N A has 0.26% invested in NIKE, Inc. (NYSE:NKE) for 7,700 shs. Parsons Management Inc Ri has invested 0.44% of its capital in NIKE, Inc. (NYSE:NKE). Granite Invest Ltd invested 0.7% of its capital in NIKE, Inc. (NYSE:NKE). Dynamic Mngmt reported 11,000 shs. Principal Fincl Gru Inc owns 0.12% invested in NIKE, Inc. (NYSE:NKE) for 2.15M shs. First Advisors Lp has invested 0.04% in NIKE, Inc. (NYSE:NKE). Bancorp Of Montreal Can stated it has 0.06% in NIKE, Inc. (NYSE:NKE). Balasa Dinverno And Foltz Ltd Liability Co invested in 0.08% or 8,727 shs. Texas-based Salient Lta has invested 0.76% in NIKE, Inc. (NYSE:NKE).

NIKE, Inc. had 8 insider sales and 0 buys since December 11, 2017. This’s net activity of $45.81 million. $4.75 million worth of NIKE, Inc. (NYSE:NKE) shs were sold by Slusher John F. On Wednesday, January 31 $6.85 million worth of NIKE, Inc. (NYSE:NKE) was sold by EDWARDS TREVOR A. SPRUNK ERIC D sold $6.77 million worth of stock or 100,000 shs. Shares for $620,000 were sold by Matheson Monique S..

NIKE, Inc. (NYSE:NKE) Ratings Coverage

Total analysts of 22 have positions in Nike (NYSE:NKE) as follows: 15 rated it a “Buy”, 1 with “Sell” and 6 with “Hold”. The positive are 68%. The firm has $80.0 highest while $42.0 is the lowest target price. The average target $69.50 is -2.58% below the last ($71.34) price. Since November 28, 2017 according to StockzIntelligence Inc Nike has 40 analyst reports. In Thursday, December 14 report Stifel Nicolaus maintained it with “Buy” rating and $74.0 target. On Thursday, December 14 the firm earned “Buy” rating by Argus Research. On Thursday, March 22 the company was maintained by Piper Jaffray. On Thursday, February 15 the stock of NIKE, Inc. (NYSE:NKE) earned “Buy” rating by Stifel Nicolaus. On Friday, March 23 the firm has “Hold” rating by Canaccord Genuity given. On Thursday, January 11 the firm has “Buy” rating by Macquarie Research given. On Monday, December 18 the stock has “Buy” rating by Buckingham Research. On Friday, March 23 the firm earned “Buy” rating by Deutsche Bank. On Tuesday, December 26 the firm earned “Buy” rating by DA Davidson. On Tuesday, December 19 the firm has “Buy” rating by Citigroup given.

For more NIKE, Inc. (NYSE:NKE) news posted recently go to: Seekingalpha.com, 247Wallst.com, Bizjournals.com, Bizjournals.com or Bizjournals.com. The titles are as follows: “Nike breaks to new all-time high” posted on May 16, 2018, “Nike, General Electric Lead the Dow Higher Wednesday” on May 16, 2018, “A former Nike executive launches Portland’s first luxury women’s sportswear company” with a publish date: May 09, 2018, “Nike leadership shuffle continues with new leaders for women’s, running categories” and the last “Exclusive: Nike promotes second senior female manager in continued leadership shakeup” with publication date: April 28, 2018.

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

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