Economy

Institutional Investor's Pro-Hanesbrands Inc (NYSE:HBI) Sentiment In Q2 2017

Principal Financial Group Inc. cut its stake in Hanesbrands Inc. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The fund purchased 77,700 shares of the textile maker's stock, valued at approximately $1,799,000.

A number of other large investors have also made changes to their positions in the stock.

Now we take a performance look how Hanesbrands Inc. BlackRock Inc. now owns 23,050,392 shares of the textile maker's stock valued at $533,848,000 after acquiring an additional 174,498 shares in the last quarter. (NYSE:HBI). Cadence Capital Mgmt Lc has 0.12% invested in Hanesbrands Inc. Vanguard Group Inc. now owns 36,962,193 shares of the textile maker's stock worth $767,336,000 after purchasing an additional 2,158,679 shares during the period. MA now owns 15,936,667 shares of the textile maker's stock valued at $330,846,000 after acquiring an additional 2,544,916 shares in the last quarter. Its up 0.02, from 1.31 in 2017Q1. FBR Capital maintained Hanesbrands Inc. Oppenheimer invested 0.18% of its portfolio in Hanesbrands Inc. Institutional investors own 94.28% of the company's stock. (NYSE:HBI). Arcadia Investment Management Mi invested 0.02% of its portfolio in Hanesbrands Inc. "(HBI)" was first reported by StockNewsTimes and is the sole property of of StockNewsTimes. If you are viewing this story on another publication, it was illegally copied and republished in violation of USA & worldwide trademark & copyright law. Hanesbrands Inc. (HBI) average trading volume of 3,565,875 during the past month is 32.67% below its average volume over the past year, indicating that investors have been less active than usual in the stock in recent times.

Analysts await Hanesbrands Inc. (NYSE:HBI) opened at 24.64 on Thursday. Scge Management Lp who had been investing in Five9 Inc for a number of months, seems to be less bullish one the $1.21 billion market cap company. A beta below 1 can indicate either an investment with lower volatility than the market, or a volatile investment whose price movements are not highly correlated with the market. (NYSE:HBI). Brookstone Cap Mgmt has invested 0.04% in Hanesbrands Inc.

Currently, 0.50% shares of Hanesbrands Inc. Hanesbrands had a net margin of 9.02% and a return on equity of 64.80%. The firm had revenue of $1.65 billion during the quarter, compared to analysts' expectations of $1.65 billion. The Company's products are used in production and post-production facilities; film studios; network, affiliate, independent and cable television stations; recording studios; live-sound performance venues; advertising agencies; government and educational institutions; corporate communication departments, and by independent video and audio creative professionals, as well as aspiring professionals and enthusiasts. The dividend payment was $0.150 per share for the quarter which comes to $0.60 on an annualized basis. Six analysts rating the company a strong buy, seven analysts rating the company a buy, three analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $35.07. The company recently announced a dividend for shareholders paid on Wednesday the 6th of September 2017. The ex-dividend date of this dividend was Friday, August 11th. Hanesbrands's payout ratio is now 39.47%. On Thursday, December 3 the stock rating was maintained by Canaccord Genuity with "Buy". The shares were sold at an average price of $24.27, for a total transaction of $250,587.75. Moreover, Southernsun Asset Management Llc has 3.88% invested in the company for 6.54 million shares. Following the transaction, the insider now owns 99,997 shares of the company's stock, valued at $2,426,927.19. 42,109 shares were sold by Evans Gerald, worth $915,576 on Monday, May 8. Growth stocks include shares of companies that may have the possibility of generating higher than average profit growth and revenues. OMERS ADMINISTRATION Corp now owns 5,673,506 shares of the textile maker's stock valued at $117,782,000 after purchasing an additional 2,820,380 shares in the last quarter.

Several other research analysts have also recently issued reports on HBI. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and ten have issued a buy rating to the stock. (NYSE:HBI) on Monday, July 17 with "Buy" rating. Morgan Stanley boosted their price target on Hanesbrands from $22.00 to $24.00 and gave the company an "equal weight" rating in a report on Monday, August 7th. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a certain period of time. On July 17 analysts at Buckingham added HBI to its research portfolio with a rating of "Buy" and a price target of $30.00.



Like this

loading...
loading...

Latest


22 September 2017
CoStar Group, Inc. (NASDAQ:CSGP) Shares Bought by SG Americas Securities LLC
A month ago, they told us to expect earnings of US$1.44 per share while three months ago their EPS consensus estimate was US$1.49. California Employees Retirement Systems invested in 0.02% or 64,500 shares. 39,238 are held by Tiverton Asset Mgmt Limited.

22 September 2017
Interactive Brokers Group, Inc. (NASDAQ:IBKR) Under Analyst Spotlight
Gamble Jones Investment Counsel decreased Interactive Brokers Group Inc (IBKR) stake by 23.38% reported in 2017Q2 SEC filing. The indicator is non-directional meaning that it gauges trend strength whether the stock price is trending higher or lower.

22 September 2017
Brokers Opinions on: Novavax, Inc. (NVAX)
It represents a security's price that, if achieved, results in a trader recognizing the best possible outcome for his investment. Novavax, Inc . ( NVAX ) has been given an average price target of $1.78 from analysts, according to data collected by Finviz.

22 September 2017
Foreign Office summons Indian envoy over firing at Working Boundary
Earlier this month, a five-year-old girl was killed in Azad Jammu and Kashmir when an Indian soldier opened fire across the LoC. The Pakistan Rangers "befittingly responded on posts targeting [the] civilian population", ISPR said.

22 September 2017
Winnebago Industries, Inc. (WGO) Shares Bought by Rhumbline Advisers
A trader is looking more closely at a weekly, or shorter, time frame and is more interested in immediate price fluctuations. ValuEngine upgraded Winnebago Industries from a "buy" rating to a "strong-buy" rating in a report on Friday, September 1st.

22 September 2017
Brokers Issue New Targets On Pan American Silver Corp. (NASDAQ:PAAS)
(NASDAQ: PAAS ) (TSE:PAAS) by 61.1% during the second quarter, according to its most recent Form 13F filing with the SEC. COPYRIGHT VIOLATION WARNING: This article was reported by StockNewsTimes and is the sole property of of StockNewsTimes.

22 September 2017
Watching Klopp? Leicester boss Shakespeare: Coutinho halftime hook decided Cup win
Shinji got his chance due to an injury to Leonardo Ulloa, but I thought that was key moment for us as well. Of course first half we thought it was going to be Liverpool because we did lead a charmed life.

22 September 2017
Which country has conducted the most nuclear tests?
The angry statement from Pyongyang's foreign ministry came as the crisis surrounding the reclusive state was set to dominate the annual United Nations gathering of world leaders.

22 September 2017
Paul Pogba Ordered To Take 10-day Holiday By Jose Mourinho
The France global suffered a hamstring injury in Manchester United's 3-0 win over Basel in the Champions League on September 12. Jose Mourinho has been unable to shed any further light on the severity of Paul Pogba's hamstring injury at Manchester United .

22 September 2017
Franklin Resources Inc. Sells 737711 Shares of Republic Services, Inc. (NYSE:RSG)
Republic Services, Inc.is a provider of non-hazardous solid waste collection, transfer, disposal, recycling and energy services. PA's holdings in Republic Services were worth $521,000 at the end of the most recent reporting period. (NYSE:RSG).