Economy

NIKE, Inc. (NKE)- Stocks Ensnare on Price Valuation

NIKE, Inc. (NKE)- Stocks Ensnare on Price Valuation”

Smith Shellnut Wilson LLC ADV now owns 14,894 shares of the footwear maker's stock worth $822,000 after purchasing an additional 41 shares in the last quarter.

In other Nike news, insider Eric D. Sprunk sold 112,323 shares of the stock in a transaction dated Friday, July 28th. Accredited Investors Inc. now owns 4,167 shares of the footwear maker's stock worth $232,000 after purchasing an additional 19 shares in the last quarter.

Interest in NIKE, Inc. The stock increased 1.13% or $0.6 during the last trading session, reaching $53.66.

Nike (NYSE:NKE) last released its quarterly earnings results on Tuesday, September 26th. It has underperformed by 25.94% the S&P500. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and twenty-two have issued a buy rating to the company's stock. Over the course of the previous year NKE has set a 52-week high of $60.53 while the corresponding low set was $49.01. The company presently has an average rating of "Hold" and an average target price of $59.04. Rocky Mountain Dealerships Inc. had 15 analyst reports since August 13, 2015 according to SRatingsIntel. As per Tuesday, December 20, the company rating was upgraded by RBC Capital Markets. Keefe Bruyette & Woods maintained PNC Financial Services Group Inc (NYSE:PNC) on Tuesday, October 3 with "Hold" rating. (NYSE:NKE), 24 have Buy rating, 2 Sell and 18 Hold. The stock of Nike Inc (NYSE:NKE) earned "Positive" rating by Susquehanna on Tuesday, October 11. The firm has "Buy" rating given on Thursday, August 31 by Jefferies. Wedbush has "Neutral" rating and $52 target.

Clearbridge Investments Llc increased Ametek Inc New (NYSE:AME) stake by 17,284 shares to 876,018 valued at $53.06 million in 2017Q2. Asset Planning Services Ltd. now owns 2,132 shares of the footwear maker's stock worth $126,000 after purchasing an additional 7 shares in the last quarter. Thermo Fisher Scientific Inc (NYSE:TMO) was raised too. Piper Jaffray maintained Nike Inc (NYSE:NKE) rating on Friday, July 21. Therefore 55% are positive. DBV Technologies had 13 analyst reports since August 11, 2015 according to SRatingsIntel. The stock of Nike Inc (NYSE:NKE) has "Equal-Weight" rating given on Wednesday, June 1 by Morgan Stanley. - A Buy At Current Levels" on October 01, 2017, also Seekingalpha.com with their article: "Nike: "Just Buy It - A Portfolio Analysis" published on October 17, 2017, Investorplace.com published: "Here's a Quick Solution to Nike Inc (NKE) Stock Troubles" on October 17, 2017. Barclays Capital maintained the stock with "Overweight" rating in Friday, February 12 report. Berenberg Bank reiterated a "buy" rating and set a $70.00 price objective on shares of Nike in a research note on Friday, June 30th. The rating was maintained by Wells Fargo on Wednesday, September 28 with "Market Perform". Pggm reported 887,536 shares. The stock has "Buy" rating by Deutsche Bank on Wednesday, September 16. Accredited Investors Inc. increased its stake in shares of Nike by 0.5% during the 1st quarter. This represents a $0.72 annualized dividend and a dividend yield of 1.36%. It fall, as 82 investors sold NKE shares while 439 reduced holdings. The Clearbridge Investments Llc holds 208,842 shares with $4.66 million value, down from 306,507 last quarter. The hedge fund run by David Shaw held 216,000 shares of the consumer non-durables company at the end of 2017Q2, valued at $12.74 million, down from 600,500 at the end of the previous reported quarter. Taurus Asset Mngmt Limited holds 2.64% or 286,077 shares in its portfolio. Department Mb Bancorp N A has 1.2% invested in Nike Inc (NYSE:NKE) for 187,311 shares. Clinton Gp reported 5,597 shares. This gauge is crucial in determining whether investors are moved toward the direction of buying more of the stock, or else doing the contradictory side and selling more of the stock. Boston Private Wealth Limited Liability invested 0.21% of its portfolio in Nike Inc (NYSE:NKE). Berkshire Asset Mgmt Ltd Liability Corporation Pa has invested 0.03% in Nike Inc (NYSE:NKE). Ray Gerald L Associates Limited reported 0.06% in Nike Inc (NYSE:NKE). Ny State Common Retirement Fund holds 246,210 shares or 0.03% of its portfolio. Johnson Counsel reported 572,808 shares. Credit Suisse Ag has invested 0.32% in Nike Inc (NYSE:NKE).

Since June 1, 2017, it had 0 buys, and 1 sale for $3.66 million activity.

In other news, Director Johnathan A. Rodgers sold 16,000 shares of the firm's stock in a transaction on Thursday, September 14th. The SI to Black Knight Financial Services's float is 35.11%. The market capitalization of the company is at $86.31 Billion. The Firm has businesses engaged in retail banking, including residential mortgage, corporate and institutional banking and asset management. The P/E Ratio for NKE is 22.58. The Firm operates in two divisions: agriculture segment and industrial segment.

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