NIKE, Inc. (NKE): What's the Story?

Calamos Wealth Management Llc who had been investing in Citigroup Inc for a number of months, seems to be bullish on the $199.44B market cap company. The stock decreased 0.61% or $0.79 during the last trading session, reaching $128.16. About 128,324 shares traded. Banco Macro S.A. (NYSE:BMA) has risen 43.80% since January 11, 2017 and is uptrending. It has outperformed by 41.56% the S&P500. Piper Jaffray downgraded NIKE, Inc. (NKE) by 39.71% 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. Bank Of Stockton who had been investing in Nike Inc. for a number of months, seems to be less bullish one the $104.78B market cap company. The stock increased 0.01% or $0.005 during the last trading session, reaching $64.095. Moreover, Steel Partners Holdings L.P. has 1.01% invested in the company for 1.00 million 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. Vanguard Group Inc. increased its holdings in shares of Nike by 2.5% during the 2nd quarter. (NYSE:NKE) for 13,562 shares. Three investment analysts have rated the stock with a sell rating, twenty have given a hold rating and twenty-two have given a buy rating to the company. Therefore 52% are positive. In a hard retail operating environment, Nike managed to make solid strides in manufacturing, distribution and strategic partnerships; as well as build out its global business and deliver fresh product. (NYSE:IT) rating on Thursday, April 6. The brokerage now has a buy rating on the footwear maker's stock. Nike makes up approximately 2.1% of Sunriver Management LLC's portfolio, making the stock its 17th largest position. Deutsche Bank maintained it with "Buy" rating and $125.0 target in Wednesday, September 16 report. The rating was maintained by Credit Suisse with "Outperform" on Wednesday, March 23. Raymond James Na has 55,115 shares. Stifel Nicolaus reiterated a "buy" rating and issued a $66.00 price objective on shares of Nike in a report on Thursday, August 24th. The firm has "Neutral" rating given on Tuesday, August 8 by Robert W. Baird.

NIKE, Inc is engaged in the design, development, marketing and selling of athletic footwear, apparel, equipment, accessories and services. (NYSE:NKE) has "Overweight" rating given on Wednesday, March 23 by Morgan Stanley. Investors of record on Monday, December 4th were paid a dividend of $0.20 per share. Its down 0.20, from 1 in 2017Q2. It turned negative, as 44 investors sold MAR shares while 224 reduced holdings. (NASDAQ:MAR) for 3,526 shares. Following the completion of the transaction, the chairman now owns 1,637,736 shares in the company, valued at $90,124,612.08. (NYSE:RHT). Moneta Grp Inc Inv Advsrs Ltd Com holds 0.04% or 2,403 shares. Confluence Investment Management LLC now owns 232,394 shares of the footwear maker's stock worth $14,536,000 after buying an additional 6,870 shares during the last quarter. Thomas White International has 0.11% invested in NIKE, Inc. Pub Employees Retirement Association Of Colorado holds 0.05% or 59,704 shares. Fdx stated it has 74,956 shares or 0.11% of all its holdings. Williams Jones & Assoc Ltd holds 0.71% or 552,987 shares. Commonwealth Comml Bank Of Aus reported 522,431 shares. $855,206 worth of NIKE, Inc. (NASDAQ:MAR) for 2,600 shares.

Axa, which manages about $23.21 billion US Long portfolio, upped its stake in Vulcan Matls Co (NYSE:VMC) by 14,759 shares to 46,657 shares, valued at $5.58 million in 2017Q3, according to the filing. 334,593 are held by Pnc Financial Inc. Shine Advisory Svcs invested 0.01% in Gartner, Inc.

Since September 14, 2017, it had 0 insider purchases, and 6 insider sales for $23.60 million activity. 135,000 shares were sold by PARKER MARK G, worth $8.78M on Friday, December 15. Its up 7.9% from 1.13 million shares previously. In the last ninety days, insiders have sold 967,896 shares of company stock worth $60,257,267. The shares were sold at an average price of $52.13, for a total value of $7,089,680.00.

Gulfport Energy Corp. (GPOR), AK Steel Holding Corporation (AKS)
Separate data, meanwhile, showed that wholesale inventories rose by 0.8% in November, surpassing estimates for a gain of 0.7%. Kellogg Company (K ) stock price escalated 0.33% to finalize at $69.17 throughout previous buying and selling session.

Institutions own 79.60% of NIKE, Inc.

Investors sentiment decreased to 0.8 in Q3 2017. Its down 0.20, from 1 in 2017Q2. It is negative, as 87 investors sold NKE shares while 457 reduced holdings.

Several institutional investors and hedge funds have recently made changes to their positions in the company. The footwear maker reported $0.46 earnings per share for the quarter, beating analysts' consensus estimates of $0.40 by $0.06. 433,000 are owned by Ig Limited. Alecta Pensionsforsakring Omsesidigt holds 2.6% in NIKE, Inc. Following the transaction, the executive vice president now owns 268,169 shares of the company's stock, valued at $16,918,782.21.

Take a broader look now, NIKE, Inc.'s performance year to date is 2.46%, giving you a current mood of this particular equity. (NYSE:NKE). Bailard holds 8,432 shares or 0.03% of its portfolio. Reynders Mcveigh Capital Ltd Liability Co invested in 197,978 shares or 1.34% of the stock. Scotia Capital Inc holds 0.18% in NIKE, Inc. Sands Mgmt Ltd accumulated 7.54M shares. Carret Asset Mngmt Ltd Llc owns 17,918 shares or 0.15% of their United States portfolio. Loring Wolcott Coolidge Fiduciary Limited Liability Partnership Ma holds 0.9% or 901,736 shares in its portfolio. Liberty Management holds 400 shares. 1,400 were accumulated by Blackhill Cap. The stock is now moving above its 20-Day Simple Moving Average of 0.78% with a 50-Day Simple Moving Average of 6.54 percent. Wellington Management Group LLP now owns 49,907,256 shares of the footwear maker's stock valued at $2,781,332,000 after buying an additional 2,375,447 shares during the period.

Related Articles

  • Ford Ranger debuts in Detroit

    Ford Ranger debuts in Detroit

    It will also have a computerized " Terrain Management System " with settings for different sorts of on-road and off-road surfaces. Ford isn't expecting the new truck to steal sales from the F-Series, the franchise player that generates most company profits.

    Delta Air Lines (DAL) Releases Q1 Earnings Guidance

    Buckingham Research has "Buy" rating and $54 target. (NYSE:DAL) has "Outperform" rating given on Thursday, March 16 by Evercore. Lsv Asset reported 3.91 million shares. 972.68 million shares or 1.58% less from 988.30 million shares in 2017Q2 were reported.
    Aaron Finch century takes Australia past 300 in first ODI against England

    Aaron Finch century takes Australia past 300 in first ODI against England

    Australia may go into the opener at the MCG as favourites but Morgan has vowed to stick to the approach Bayliss has cultivated. During the same period, Australia reached 300 12 times in 50 matches, including 10 out of 23 matches batting first.
  • Inc. Cuts Position in Golar LNG Partners LP (GMLP)

    BidaskClub raised shares of Golar LNG from a buy rating to a strong-buy rating in a research report on Friday, December 15th. Atria Invests Ltd reported 0.02% of its portfolio in SINA Corporation (NASDAQ:SINA). (NYSE:MET) for 13,445 shares.
    USA  says inter-Korean talks would be limited to Olympics

    USA says inter-Korean talks would be limited to Olympics

    South Korea's Defence Ministry has said it had yet to see any evidence of an imminent missile launch. His statement was followed by the move for North-South talks, and then the suspension of the U.S.
    Watford earn late draw with a seeming handball goal

    Watford earn late draw with a seeming handball goal

    I think we have to try the technology because in every single team sport the technology helps us to make better decision and why not football.
  • Ghanaian president lambasts Trump over vulgar description of African nations

    Ghanaian president lambasts Trump over vulgar description of African nations

    Jeb Bush, who Trump mocked mercilessly during the campaign, blasted the "hateful racism" implied by Trump's quote. On Saturday, Trump sought to blame "all talk and no action" Democrats for lack of an immigration deal.
    Homework assignment asked students for 3 'good,' 3 bad reasons for slavery

    Homework assignment asked students for 3 'good,' 3 bad reasons for slavery

    Principal Jim Van Dellen declined to speak with FOX6 News on camera, but admitted Tuesday the assignment was out of line. The teacher in question has not been identified and it is unclear if the teacher was disciplined or not.
    Federal judge blocks Trump's attempt to let DACA expire for current recipients

    Federal judge blocks Trump's attempt to let DACA expire for current recipients

    The agency will not be accepting new applications from immigrants who may have been eligible for the program, but never applied. Trump gave Congress six months to find a way to allow immigrant approved for the DACA program to remain in the USA permanently.
  • Satyam scam: SEBI bans PwC from auditing listed firms for 2 years

    Satyam scam: SEBI bans PwC from auditing listed firms for 2 years

    The Wall Street Journal reported that PwC was in charge of auditing Satyam's accounts at the time its founder, B. Ramalinga Raju, admitted that he had boosted revenue by forging bank documents and inflating sales figures.
    Government, citing ruling, again will accept requests for DACA protection

    Government, citing ruling, again will accept requests for DACA protection

    Trump ignored shouted questions about his comments as he signed a proclamation Friday honoring Martin Luther King Jr. David Perdue (R-GA) issued a joint statement on Friday afternoon, which did not expressly deny the incident.
    Modi receives Netanyahu at airport

    Modi receives Netanyahu at airport

    During his six day trip, Pm Narendra Modi will accompany with Benjamin Netanyahu while he travels to Agra, Gujarat and Mumbai. In Mumbai, Prime Minister Netanyahu will meet Jewish community leaders and select members of the Indian business community.