Economy

Hanesbrands Inc. (NYSE:HBI) Trading Up - Short interest grew by 10.33%

Instead, they should also do their own research-such as reading the prospectus for new companies or for public companies, the quarterly and annual reports filed with the SEC-to confirm whether a particular investment is appropriate for them in light of their individual financial circumstances. Bronfman E.L. Rothschild L.P. now owns 14,772 shares of the textile maker's stock worth $342,000 after purchasing an additional 1,463 shares during the period.

Hanesbrands Inc. (HBI) stock price moved 2.91% away from 20-Days Simple Moving Average, 5.56% from 50-Days Simple Moving Average and separated 11.89% from 200 Days Simple Moving Average. CA's investment portfolio, making the stock its 7th largest position. Now the P/E of Hanesbrands Inc.

As of the end of the quarter William Blair Investment Management, LLC had sold 562,748 shares trimming its stake by 10.9%. Short shares grew from 51,391,799 to 56,699,332 over that period. Van ECK Associates Corp boosted its stake in Hanesbrands by 7.4% in the first quarter. Exane Derivatives owns 8,231 shares with a value of $190,592,000. Alps Advisors upgraded its stake in stocks of Hanesbrands by 0.3% through out the 2nd period. Sandy Spring Bank acquired 33,666 shares as Hanesbrands Inc (HBI)'s stock declined 1.43%. Shares were disposed in a price range of $24.08, amounting to $481,600.00. after the transaction, the CFO has an ownership of 254,487 stocks in the company, worth at $6,128,046.96.

A number of research firms have commented on HBI.

Analyst notified mean rating at 1.90 after consensus analysis. While looking the figure depicted by the Price to Earning we can suggest that the shares of Hanesbrands Inc. The rating was maintained by Cowen & Co on Thursday, August 24 with "Hold". The rating was maintained by UBS with "Buy" on Friday, February 3.

August 7 investment analysts at Morgan Stanley made no change to the company rating of "Equal-Weight" but lowered the price target to $24.00 from $138.00. Oppenheimer maintained the stock with "Buy" rating in Tuesday, August 29 report.

The company is now down since yesterday's close of 25.23. About 1.22M shares traded.

Hanesbrands Inc. has a 52 week low of $18.91 and a 52 week high of $27.07. The stock has a market capitalization of $9.19 billion, a price-to-earnings ratio of 16.530 and a beta of 0.71. The stock's 50 day moving average is $23.99 and its 200-day moving average is $22.07. The textile maker reported $0.53 EPS for the quarter, hitting the Zacks' consensus estimate of $0.53. The business had revenue of $1.65 billion during the quarter, compared to analysts' expectations of $1.65 billion. Analysts expect next quarter's EPS will be $0.56 with next year's EPS anticipated to be $2.15. As of the last earnings report the EPS was $1.53 and is estimated to be $1.99 for the current year with 364,478,000 shares now outstanding. Stockholders of record on Tuesday, August 15th were given a $0.15 dividend. The ex-dividend date was set for Friday the 11th of August 2017. The dividend was $0.150 per share for the quarter which comes to $0.60 on an annualized basis. Hanesbrands's dividend payout ratio (DPR) is presently 39.47%. Bancorp Of The West invested 0.63% in Hanesbrands Inc. Alps Advisors has an ownership of 23,635 stocks of the textile maker's shares valued at $547,000 after scooping up an extra 61 stocks in the previous period. Punch & Associates Investment Management Inc. owns 265,571 shares or 1.27% of their United States portfolio.

In other news, insider John T. Marsh sold 10,325 shares of the stock in a transaction dated Monday, August 28th. Glen Harbor Capital Management LLC now owns 12,768 shares of the textile maker's stock worth $265,000 after acquiring an additional 2,992 shares during the period. The disclosure for this sale can be found here. The average volume of a stock suggests the liquidity of a particular company. Garrison Financial holds 0.85% of its portfolio in Hanesbrands Inc.

Earnings per share (EPS) is the portion of a company's profit allocated to each outstanding share of common stock. "CA" was originally reported by StockNewsTimes and is the sole property of of StockNewsTimes. If you are accessing this report on another website, it was copied illegally and republished in violation of United States & worldwide trademark & copyright legislation.

Hanesbrands Inc.is a marketer of basic innerwear and activewear apparel in the Americas, Europe, Australia and Asia/Pacific under apparel brands, such as Hanes, Champion, Maidenform, DIM, Bali, Playtex, Bonds, JMS/Just My Size, Nur Die/Nur Der, L'eggs, Lovable, Wonderbra, Flexees, Gear for Sports and Berlei.

Want to see what other hedge funds are holding HBI?



Like this

Latest


19 September 2017
Scan For Analyst Views: Lowe's Companies, Inc. (LOW), iStar Inc. (STAR)
The company now has a consensus rating of "Hold" and an average price target of $85.00. (NYSE:LOW) rating on Thursday, August 24. BidaskClub raised Lowe's Companies from a "strong sell" rating to a "sell" rating in a research report on Wednesday, August 2nd.

19 September 2017
Penny Chenery reconnects with her prized Secretariat
No one predicted that Riva Ridge's phenomenal performances would be eclipsed so completely by his stablemate just one year later. That same year, Secretariat burst onto the scene, and was so dominant in the two-year-old races he was named Horse of the Year.

19 September 2017
New Triumph Bonneville Speedmaster coming
Triumph Motorcycles Ltd are all set to announce some major changes and offerings in the first week of October. However, the new Speedmaster which will be launched in October will be launched in India as well.

19 September 2017
Warm Weather Continues For Next Several Days
Showers will clear as the cold front exits the region, then drier weather will move in thanks to a high pressure taking control. After starting in the 60s and 70s Sunday morning, many of us will only see highs in the mid to upper 70s to end the weekend .

19 September 2017
Panasonic Eluga Ray 500, Eluga Ray 700 Launched in India: Price, Specifications
Both offer the same connectivity options including 4G VoLTE, Bluetooth 4.0, GPS, Wi-Fi 802.11 b/g/n, and a 3.5mm headphone jack. The Eluga Ray 500 will be available for buying in as many as three colours: Mocha Gold, Marine Blue, and Champagne Gold.

19 September 2017
North Korea says more sanctions will spur it to hasten nuclear plans
It comes just days after the United Nations Security Council again passed sanctions on Pyongyang . The latest sanctions imposed by the U.N.

19 September 2017
Situation in country worse than Emergency: Mayawati
She also said the BJP was using government agencies to safeguard its own interests and to protect its own leaders. Bahujan Samaj party supremo Mayawati will address a rally named ' maha rally' in Meerut on Monday.

19 September 2017
Battlefield 1 is getting a free weekend soon
If you wish to purchase Battlefield 1 , a sale is running from September 19-25 where Battlefield 1 Revolution will be 40% off. The game will lock when the event ends but, if you buy the full version, your saved data and achievements will transfer over.

19 September 2017
Pi can wirelessly charge your phone from a short distance
If the phone already has wireless charging built-in - like the new iPhones , for example - then a case is not required. The demo showed that a Qi-compatible device could be brought within a foot of the charger in order to begin charging.

19 September 2017
Iran leader Khamenei warns United States against 'wrong move' on nuclear deal
Rouhani made the remarks at Mehrabad airport before departing for NY to attend the annual UN General Assembly meeting. Iran's president says he is "inviting" the U.S.to dinner as he heads to NY for the U.N General Assembly.



Recommended