Economy

Nike, Inc. (NKE) - Wells Fargo Maintains Rating And Lowers Price Target

Five research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and twenty-one have assigned a buy rating to the company's stock. Therefore 58% are positive. Nike has a one year low of $49.01 and a one year high of $60.53. The stock declined 0.30% or $0.16 reaching $52.51 on the news. Nike Inc. had 185 analyst reports since July 29, 2015 according to SRatingsIntel. The firm has "Hold" rating by Canaccord Genuity given on Wednesday, June 29. The firm earned "Buy" rating on Monday, December 12 by UBS. The firm has "Buy" rating given on Friday, September 25 by Citigroup. Citigroup has "Neutral" rating and $36 target. The firm has "Outperform" rating by Telsey Advisory Group given on Thursday, June 22. The stock rose 0.29% or $0.21 reaching $72.49 per share. The institutional investor held 166,245 shares of the consumer non-durables company at the end of 2017Q2, valued at $9.80M, up from 160,438 at the end of the previous reported quarter. The ex-dividend date of this dividend is Thurs, Aug 31st. this indicates a $0.72 annual dividend and a payout of 1.37%. Nike Inc (NYSE:NKE) has declined 9.24% since September 28, 2016 and is downtrending.

NIKE, Inc., launched on September 8, 1969, is involved in the design, development, marketing and selling of athletic footwear, apparel, equipment, accessories and services. The company has market cap of $85.98 billion. It operates through four business divisions: Rail North America, Rail International, American Steamship Company, and Portfolio Management. Its portfolio brands include the NIKE Brand, Jordan Brand, Hurley and Converse.

Investors sentiment decreased to 1 in Q2 2017. Its down 0.07, from 1.07 in 2017Q1. Looking ahead, the earnings per share growth of NIKE, Inc. this year is 16.10%, which can be useful to compare with the forward P/E. Waldron LP raised its position in shares of Nike by 90.8% during the 1st quarter. Shares for $5.55 million were sold by PARKER MARK G on Monday, April 3. Halsey Associate Ct owns 115,292 shares. Oppenheimer And accumulated 47,294 shares. Jones Finance Cos Lllp, Missouri-based fund reported 3,571 shares.

Session activity on NIKE, Inc.(NYSE:NKE) shares bumps the stock on today's most active list. Pictet & Cie (Europe) Sa stated it has 334,420 shares or 2.78% of all its holdings. Proshare Ltd Liability Corp accumulated 192,507 shares. Scotia Incorporated holds 0.24% in Nike Inc (NYSE:NKE) or 244,793 shares. Douglass Winthrop Advisors Llc acquired 489,681 shares as Nike Inc Class B (NKE)'s stock declined 8.78%.

Nike (NYSE:NKE) previously announced its fiscal periodic earnings information on early Tue, Sep 26th. (NYSE:NKE) from a strong-buy rating to a buy rating in a research note released on Tuesday, September 12th. Insiders sold a total of 362,117 shares of company stock worth $20,935,321 over the last quarter.

Separately, Director Johnathan A. Rodgers unloaded 16,000 stocks of the shares in a trade that took place on Thurs, Sep 14th. Nike Inc. had 183 analyst reports since July 29, 2015 according to SRatingsIntel. It has underperformed by 25.94% the S&P500.

Douglass Winthrop Advisors Llc decreased Berkshire Hathaway Inc Del Cl (BRKA) stake by 2 shares to 68 valued at $17.32 million in 2017Q2. Vereit Inc was raised too.

Among 13 analysts covering Suncor Energy Inc. Therefore 32% are positive. The stock of Suncor Energy Inc. The original version of this story can be read at https://www.dispatchtribunal.com/2017/09/29/nike-inc-nke-stock-rating-lowered-by-vetr-inc-3.html. Citigroup maintained PulteGroup, Inc. Argus Research has "Buy" rating and $126 target. Wells Fargo initiated PulteGroup, Inc.

September 27 investment analysts at Nomura kept the company rating at "Market Perform" and lowered the price expectation to $52.00 from $62.00. Ckw Grp owns 2,400 shares. (NYSE:SU), 10 have Buy rating, 0 Sell and 3 Hold. (NYSE:PHM) earned "Outperform" rating by RBC Capital Markets on Friday, January 27. The firm has "Buy" rating by JP Morgan given on Thursday, March 23. The company was maintained on Friday, October 21 by FBR Capital. 56 funds opened positions while 130 raised stakes.

About 3,013 shares traded. Lpl Fincl Ltd Co invested in 0.05% or 243,459 shares. Jefferies Gp Lc invested in 0.04% or 96,864 shares. (NYSE:PHM) for 67,194 shares. (NYSE:PHM). Aqr Capital Mgmt Limited has 4.68 million shares. For the quarter, shares have been noted at -1.29%. Epoch Ptnrs Inc holds 0.02% or 117,958 shares in its portfolio. (NYSE:PHM). Ls Invest Ltd Liability has invested 0.03% in PulteGroup, Inc. The Connecticut-based Massmutual Company Fsb Adv has invested 0% in PulteGroup, Inc.

Analysts await GATX Corporation (NYSE:GATX) to report earnings on October, 19. During the same quarter in the prior year, the company posted $0.73 EPS. YY's profit will be $95.22 million for 14.07 P/E if the $1.54 EPS becomes a reality. The footwear maker reported $0.57 EPS for the quarter, beating the consensus estimate of $0.48 by $0.09.



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