Nike, Inc. (NKE) Stake Raised by KBC Group NV

Paterniano Del Favero
Agosto 16, 2017

The Company's business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal.

Condor Capital Management decreased its stake in Nike Inc (NKE) by 32.59% based on its latest 2016Q4 regulatory filing with the SEC.

Nike, Inc. (NYSE:NKE) received a $68.00 target price from equities researchers at Morgan Stanley in a research report issued to clients and investors on Thursday, July 20th. OppenheimerFunds Inc. now owns 5,349,793 shares of the footwear maker's stock worth $298,145,000 after buying an additional 5,274,656 shares in the last quarter. Axa has 0.27% invested in NIKE INC.

Nike (NYSE:NKE) last released its quarterly earnings data on Thursday, June 29th.

Independent Advisor Alliance increased its stake in shares of Nike, Inc. It has underperformed by 25.94% the S&P500.

Since March 24, 2017, it had 1 insider buy, and 5 selling transactions for $14.79 million activity. The stock of Nike Inc (NYSE:NKE) has "Buy" rating given on Wednesday, September 16 by Deutsche Bank. Insiders have sold a total of 492,360 shares of company stock valued at $28,485,174 in the last ninety days. (NKE) are stable and safe compared to the lower market capitalization companies. NKE's profit will be $804.26M for 30.57 P/E if the $0.49 EPS becomes a reality. The footwear maker reported $0.60 EPS for the quarter, beating analysts' consensus estimates of $0.50 by $0.10.

The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Want to see what other hedge funds are holding NKE? Hershey Co (NYSE:HSY) was raised too.

Investors sentiment decreased to 0.94 in 2016 Q4. Its down 0.23, from 1.17 in 2016Q3. It improved, as 84 investors sold NKE shares while 443 reduced holdings. 53 funds opened positions while 92 raised stakes. 158.52 million shares or 2.18% less from 162.05 million shares in 2016Q3 were reported. Nike Inc (NYSE:NKE) has declined 9.24% since August 15, 2016 and is downtrending. Meiji Yasuda Life Ins Co owns 38,008 shares. The Arizona State Retirement System holds 330,328 shares with $16.79 million value, down from 350,528 last quarter. Moreover, Joel Isaacson And Company Ltd Company has 0% invested in TE Connectivity Ltd (NYSE:TEL). The institutional investor held 431,652 shares of the finance company at the end of 2016Q4, valued at $13.64M, down from 669,137 at the end of the previous reported quarter. First Comml Bank Of Omaha reported 0.44% in Nike Inc (NYSE:NKE). Davy Asset Mngmt Limited accumulated 41,868 shares. The stock had a trading volume of 2,409,389 shares. Stockholders of record on Tuesday, September 5th will be paid a dividend of $0.18 per share. 1,308 are owned by Panagora Asset Management Inc. Huntington Steele Llc invested 0.13% of its portfolio in Nike Inc (NYSE:NKE). Alpha Windward Ltd Co has 0.13% invested in Nike Inc (NYSE:NKE) for 4,016 shares. Mitsubishi Ufj Tru Banking holds 2.93 million shares. 60,500 were reported by Beech Hill. On average, equities research analysts predict that Nike will post $2.42 earnings per share for the current fiscal year.

Among 8 analysts covering TE Connectivity (NYSE:TEL), 5 have Buy rating, 1 Sell and 2 Hold. Therefore 86% are positive. The lowest target is $5000 while the high is $156.0. The stock has a 50 day moving average of $58.16 and a 200-day moving average of $55.68.

Several brokerages recently issued reports on NKE. B (ETR:NKE) latest ratings and price target changes. The rating was maintained by Canaccord Genuity on Thursday, July 6 with "Buy". Telsey Advisory Group maintained it with "Outperform" rating and $62 target in Thursday, June 22 report. The rating was upgraded by BB&T Capital on Monday, October 19 to "Buy". The firm has "Buy" rating given on Thursday, March 23 by JP Morgan. On Wednesday, June 29 the stock rating was maintained by Stifel Nicolaus with "Buy". The stock of Nike Inc (NYSE:NKE) has "Hold" rating given on Friday, September 23 by Canaccord Genuity. On Wednesday, September 28 the stock rating was maintained by Robert W. Baird with "Outperform". Ellington Mgmt Group Incorporated Limited Liability Corporation invested 0.16% of its portfolio in NIKE INC. Marshall Wace Llp owns 197,600 shares for 0.07% of their portfolio. PARKER MARK G had sold 69,300 shares worth $3.66M on Thursday, June 1. (Vector Tobacco) subsidiaries, and the real estate business through its New Valley LLC subsidiary, which is seeking to acquire or invest in additional real estate properties or projects. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.20%.

Amid last week's escalating tension between the US and North Korea, the CBOE Volatility Index (VIX) - also dubbed the stock market's "fear gauge" - made a relatively rare one-day surge of more than 40%. It has outperformed by 12.60% the S&P500.

Ratings analysis reveals 50% of Union Pacific's analysts are positive. Out of 6 Wall Street analysts rating Union Pacific, 3 give it "Buy", 0 "Sell" rating, while 3 recommend "Hold". In this case, shares are 45.77% higher from $20.32, the worst price in 52 weeks suffered on November 21, 2016, and are keeping their losses at 16.43% for the past six months.

According to the Recommendation Trends of the stock polled by Finviz, the company has a consensus recommendation of 2.2 out of the scale from 1 to 5 where 1 stands for Buy and 5 means Sell. NKE was included in 167 notes of analysts from July 29, 2015. Berenberg Bank initiated coverage on shares of Nike in a research report on Tuesday, May 16th. The firm has "Buy" rating by DA Davidson given on Monday, December 28.

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