Economy

Latest Round Of Insider Activity For NIKE, Inc. (NKE)

The average Wall Street analyst rating for NIKE, Inc.is Hold, according to the average of 30 analyst scores.

Earnings per share (EPS) is the portion of a company's profit allocated to each outstanding share of common stock.

Examining Institutional Ownership at NIKE, Inc.

The company also recently declared a quarterly dividend, which was paid on Monday, October 2nd. State Street Corp now owns 59,554,253 shares of the footwear maker's stock worth $3,319,086,000 after purchasing an additional 835,003 shares during the period. Jennison Associates LLC now owns 25,143,559 shares of the footwear maker's stock valued at $1,401,251,000 after purchasing an additional 13,953,567 shares during the period. Bank of New York Mellon Corp now owns 29,087,830 shares of the footwear maker's stock worth $1,621,066,000 after purchasing an additional 144,846 shares during the period. Jennison Associates LLC grew its position in Nike by 124.7% in the 1st quarter. It also reduced its holding in Artisan Partners Asset Mgmt (NYSE:APAM) by 174,262 shares in the quarter, leaving it with 803,815 shares, and cut its stake in Criteo S A (NASDAQ:CRTO). Massachusetts Financial Services Co. The Randolph Co Inc holds 312,175 shares with $18.42 million value, up from 145,875 last quarter. Institutional investors own 62.64% of the company's stock. NIKE, Inc. has a 20-Day Simple Moving Average -1.31% . Stifel Nicolaus restated a "buy" rating and issued a $66.00 target price on shares of Nike in a research note on Friday, June 30th.

09/27/2017 - Nike, Inc. had its "buy" rating reiterated by analysts at Instinet. (NYSE:NKE), 25 have Buy rating, 2 Sell and 16 Hold. Price Target plays a critical role when it comes to the analysis of a Stock. (NYSE:NKE) is performing. NIKE, Inc. has had 48 insider trades in the last 3 months, including 17 open market buys and 31 sells. Ubs Asset Management Americas Incorporated has invested 0% in Nike Inc (NYSE:NKE). Nike, Inc. has a 52-week low of $49.01 and a 52-week high of $60.53. The firm has a 50-day moving average price of $53.23 and a 200 day moving average price of $55.04.

While considering EPS estimates of the company, it has next quarter growth estimates of 0.62 whereas during current year it has 2.54 estimations over growth, comparing to the estimations of 2.8 during next year. Nomura maintained Nike Inc (NYSE:NKE) rating on Wednesday, September 27. The company net profit margin is - and gross profit margin is 44.60%. The high and low revenue estimates for the current quarter are $8.8 Billion and $8.54 Billion, respectively. During the same quarter in the prior year, the company posted $0.73 earnings per share. The firm's revenue for the quarter was up.1% compared to the same quarter past year. Monarch Capital accumulated 5,275 shares. This represents a $0.72 annualized dividend and a yield of 1.38%. The ex-dividend date of this dividend was Thursday, August 31st. Nike's payout ratio is 30.64%.

ILLEGAL ACTIVITY NOTICE: "TD Asset Management Inc". Marianas Fund Management Ltd, a New York-based fund reported 73,400 shares. If you are accessing this story on another domain, it was illegally stolen and reposted in violation of USA and worldwide trademark and copyright laws.

In other Nike news, CAO Hilary K. Krane sold 28,072 shares of the firm's stock in a transaction that occurred on Friday, July 14th.

The market experts are predicting a 36.07% rally, based on the high target price ($71) for NIKE, Inc. shares that is likely to be hit in the 52 weeks. Robinson Capital Management Llc owns 245,936 shares or 1.04% of their United States portfolio. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Global Thematic Partners Llc, which manages about $12.76B and $3.11 billion US Long portfolio, decreased its stake in V F Corp (NYSE:VFC) by 21,960 shares to 852,997 shares, valued at $49.13 million in 2017Q2, according to the filing. The stock was sold at an average price of $53.45, for a total value of $855,200.00. Following the completion of the transaction, the chief accounting officer now owns 177,723 shares in the company, valued at approximately $10,325,706.30. Of those insider trades, 597,589 shares of NIKE, Inc. were purchased and 652,969 shares were sold.



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