Economy

Morgan Stanley Reiterates "Buy" Rating for Nike, Inc. (NYSE:NKE)

The Return on Investment (ROI) ratio of NIKE, Inc. During the trading on 09/14/2017, Company's stock ranged from $53.12 to $53.89. The share price is now up 1.57% for the past three months.

Wall Street await Nike Inc (NYSE:NKE) to release earnings on September, 26 after the close. It has underperformed by 20.02% the S&P500.

In other news, CFO Andrew Campion sold 96,243 shares of Nike stock in a transaction dated Friday, June 30th. Ledyard National Bank now owns 131,768 shares of the footwear maker's stock worth $7,343,000 after acquiring an additional 2,655 shares in the last quarter. Spectra Energy Partners Lp now has $14.08 billion valuation. Its up 6.76% from 1.78 million shares previously. About shares traded. Everi Holdings Inc (NYSE:EVRI) has risen 473.33% since September 15, 2016 and is uptrending. It has underperformed by 0.46% the S&P500. Fund (PTTRX) stake by 41,130 shares to 390,631 valued at $3.92 million in 2016Q4. It also reduced Biogen Inc (NASDAQ:BIIB) stake by 25,851 shares and now owns 72,387 shares.

Since May 5, 2017, it had 0 insider purchases, and 15 sales for $7.22 million activity. The insider SPRUNK ERIC D sold $2.78 million. Another trade for 1,000 shares valued at $56,301 was made by LECHLEITER JOHN C on Friday, March 24.

COPYRIGHT VIOLATION WARNING: "Morgan Stanley Reiterates "Buy" Rating for Nike, Inc".

29 analysts on average are expecting the company to report revenue of $8.47 Billion for the current quarter. (The) reiterated a "buy" rating and issued a $58.00 price objective (down from $63.00) on shares of Nike in a report on Monday, August 21st. Nike, Inc. has a 52-week low of $49.01 and a 52-week high of $60.53. Canaccord Genuity has "Buy" rating and $7000 target. The company was maintained on Friday, September 25 by Credit Suisse. The company was initiated on Thursday, January 19 by Atlantic Securities. The mean target price as estimated by the analysts for the company has been recorded at $61.32. Societe Generale maintained it with "Hold" rating and GBX 1200 target in Friday, June 17 report. The firm has "Buy" rating by B. Riley & Co given on Friday, October 16. Finally, Jefferies Group LLC cut Nike from a "buy" rating to a "hold" rating and cut their target price for the stock from $75.00 to $60.00 in a research report on Monday, August 21st. Professional Advisory Services Inc. raised its holdings in shares of Nike by 2,274.0% during the 1st quarter. It dropped, as 84 investors sold NKE shares while 443 reduced holdings. 112 funds opened positions while 405 raised stakes.

The market capitalization (Stock Price Multiply by Total Number of Outstanding Shares) for the company is reported at $88.51B. Fulton Breakefield Broenniman Ltd Limited Liability Company holds 62,558 shares or 0.63% of its portfolio. 48,394 were accumulated by Silvercrest Asset Management Group Inc Ltd Liability. 4,593 are held by Bragg Advsrs Incorporated.

Punch & Associates Investment Management Inc, which manages about $832.72M and $1.01 billion US Long portfolio, upped its stake in Westwood Hldgs Group Inc (NYSE:WHG) by 6,134 shares to 161,944 shares, valued at $9.72 million in 2016Q4, according to the filing.

Nike (NYSE:NKE) last posted its earnings results on Thursday, June 29th. Moreover, Freestone Holdg Ltd Liability has 0% invested in Nike Inc (NYSE:NKE) for 483,502 shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Inv Mgmt Corp holds 0.18% or 385,300 shares. It improved, as 33 investors sold FLEX shares while 120 reduced holdings. Envestnet Asset Management Incorporated invested in 0.13% or 690,626 shares. The stock of Granite Construction Inc. The Virginia-based Wealthcare Capital Limited has invested 0% in Nike Inc (NYSE:NKE). Highlander Capital Mgmt Llc reported 2,000 shares.

Zacks offers analysts with an Average Broker Rating (or ABR), basing it on sell-side recommendations. Flextronics International Ltd. had 37 analyst reports since July 28, 2015 according to SRatingsIntel. (NYSE:GVA) rating on Tuesday, August 1. The rating was downgraded by Cowen & Co to "Market Perform" on Tuesday, December 6. Utd Service Automobile Association stated it has 0.12% in Nike Inc (NYSE:NKE). On Wednesday, September 28 the stock rating was maintained by Morgan Stanley with "Equal-Weight". The ex-dividend date of this dividend is Thursday, August 31st. During the same quarter in the previous year, the company earned $0.49 earnings per share. The expected NKE's profit could reach $787.85 million giving the stock 27.98 P/E in the case that $0.48 earnings per share is reported. HSBC Holdings plc set a $64.00 target price on shares of Nike and gave the company a "buy" rating in a research report on Wednesday, January 11th.

Investors sentiment increased to 1.19 in Q4 2016. Its down 0.01, from 1.29 in 2016Q3. Camarda Advsr Ltd Com reported 9,755 shares. Highland Capital Mngmt Limited Co reported 0.06% of its portfolio in Nike Inc (NYSE:NKE).



Like this

Latest


16 September 2017
Altria Group (NYSE:MO) Shares Bought by CIBC World Markets Inc
More interesting news about Altria Group Inc (NYSE:MO) were released by: Fool.com and their article: "2 Reasons Altria Group Inc". Other institutional investors and hedge funds have also recently made changes to their positions in the company.

16 September 2017
Trump says travel ban 'should be far larger'
The internet is their main recruitment tool which we must cut off & use better!" he wrote on Twitter. As a candidate, Trump often pledged to "bomb the hell out of ISIS" and vowed to enact a Muslim ban.

16 September 2017
Pounding the Pavement on Shares of Helius Medical Technologies Inc (HSDT)
Investors may also be looking to compare the current stock price of Metallis Resources Inc (MTS.V) to some of its moving averages. In a transaction dated December 02, 2016, the shares were put up for sale at an average price of $25, raking in a sum of $95,000.

16 September 2017
Major fire breaks out at the famous RK Studios
The first movie produced by the RK Studio was "Aag", which came in the same year of its establishment. The studio has iconic films like Awaara, Boot Polish, Shri 420 and Jaagte Raho to its credit.

16 September 2017
Police Searching For Man Who Tried To Kidnap Woman In Auburn
The teen told police she was walking toward Allen Boulevard when a man passed her going the opposite direction on the sidewalk. Once the woman got to her auto , the man tried to get into the vehicle before she drove away, the victim told investigators.

16 September 2017
Sabra Healthcare REIT, Inc. - 7 (NASDAQ:SBRAP) Trading Volume Significantly Lower
Investors may be looking to compare the current stock price of Sabra Health Care REIT Inc (SBRA) to some of its moving averages. River Road Asset Management LLC raised its position in shares of Sabra Healthcare REIT by 30.2% during the second quarter.

16 September 2017
India, Pak begin talks on Indus Waters Treaty
India and Pakistan started high-level talks on technical issues of the Indus Waters Treaty (IWT) here on Thursday night. India, however, argues that the treaty also allows other "uses", including the construction of hydro-electric plants.

16 September 2017
Actress attack case; Kavya likely to move HC for anticipatory bail
Dileep has been lodged in the Aluva sub-jail since July 10 for his involvement in the abduction and molestation case. Police were looking for the register following Pulsar Suni's statement that he had visited Kavya at her villa.

16 September 2017
Milestone for Fb messenger, crosses more than 1.3 billion active monthly users
Facebook Messenger reaching 1.3 billion monthly active users now has it catching up to one of the company's other services. In core markets, it's now a matter of focusing more on retaining existing users as it approaches saturation .

16 September 2017
Guterres Calls For Rohingyas To Be Granted Citizenship
Most Rohingya are stateless. "Our little part, as a caring nation, can halt the horrific events in Myanmar", they said . It said it also had credible reports of Rohingya militants burning the homes of ethnic Rakhine and other minorities.



Recommended