Economy

Nike Inc (NYSE:NKE) Holdings Lessened by RKL Wealth Management LLC

The stock decreased 0.61% or $0.79 during the last trading session, reaching $128.16. About 14,364 shares traded. EVERTEC, Inc. (NYSE:EVTC) has risen 21.35% since January 11, 2017 and is uptrending.

Covington Capital Management decreased Nike Inc (NKE) stake by 27.27% reported in 2017Q3 SEC filing. Capital World Investors now owns 21,779,409 shares of the footwear maker's stock valued at $1,284,985,000 after buying an additional 8,058,601 shares in the last quarter. The institutional investor held 239,800 shares of the health care company at the end of 2017Q3, valued at $8.56M, down from 262,100 at the end of the previous reported quarter. Nike Inc. The stock has a market capitalization of $88.08 billion, a price-to-earnings ratio of 23.47 and a beta of 0.47.

Nike Inc (NKE) traded up $0.13 during mid-day trading on Thursday, hitting $64.22. Another trade for 135,000 shares valued at $8.78M was sold by PARKER MARK G.

Currently, NIKE, Inc. (NYSE:NKE)'s ROIC is 0.320823. It has underperformed by 25.94% the S&P500.

Investors sentiment decreased to 0.8 in Q3 2017. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.67 and a current ratio of 2.46. It improved, as 5 investors sold EVERTEC, Inc. shares while 41 reduced holdings.

A number of institutional investors and hedge funds have recently made changes to their positions in NKE. The footwear maker reported $0.46 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.40 by $0.06. Principal Gp accumulated 2.34 million shares.

Among 44 analysts covering Nike Inc. With these types of results to display analysts, are more optimistic than before, leading 20 of analysts who cover NIKE, Inc. (NYSE:NKE). The number of shares transacted for the day under observation was 4.95 million contracts. Ontario Teachers Pension Plan Board holds 0.29% of its portfolio in NIKE, Inc.

Looking ahead, it's our view that the size and construction of the consolidation pattern bode well for an upside breakout and fresh all-time-highs for NKE, and shares will have little difficulty overcoming any challenges from a bearish double top. Liberty Management holds 400 shares. The Price Range of NIKE, Inc. Deutsche Savings Bank Ag has invested 0.36% in NIKE, Inc. (NYSE:NKE) for 50,124 shares. Associated Banc has invested 0.01% in NIKE, Inc. (NASDAQ:FELE). Channing Cap Mgmt Ltd Limited Liability Company holds 1.16% or 688,705 shares in its portfolio. Mogy Joel R Invest Counsel holds 1.06% or 123,201 shares. Ny State Common Retirement Fund owns 14,700 shares for 0% of their portfolio. Nike Inc. had 215 analyst reports since July 29, 2015 according to SRatingsIntel. Three analysts have rated the stock with a sell rating, twenty have assigned a hold rating and twenty-two have assigned a buy rating to the stock. Therefore 52% are positive. According to today's trading volume NIKE, Inc.is BELOW its 20-Day Avg. volume with the stock showing BELOW Abnormal volume in the past 150 days. Canaccord Genuity maintained NIKE, Inc. The rating was maintained by Goldman Sachs on Wednesday, June 29 with "Buy". The rating was maintained by TD Securities with "Hold" on Thursday, April 13. Cowen & Co maintained NIKE, Inc. (NYSE:NKE) has "Hold" rating given on Tuesday, September 22 by Canaccord Genuity. Stearns Financial Services Group now owns 4,160 shares of the footwear maker's stock worth $245,000 after buying an additional 17 shares during the last quarter. The rating was maintained by Credit Suisse with "Outperform" on Wednesday, December 28. The Price Index 12m for NIKE, Inc. (NYSE:NKE) rating on Sunday, January 7. They set a "buy" rating and a $72.00 target price on the stock. Finally, Buckingham Research upped their price objective on Nike from $64.00 to $71.00 and gave the company a "buy" rating in a research note on Monday, December 18th. As per Friday, September 23, the company rating was initiated by CapitalOne. RODGERS JOHNATHAN A sold $855,206 worth of NIKE, Inc.

Speece Thorson Capital Group Inc increased Leggett & Platt Inc (NYSE:LEG) stake by 53,066 shares to 413,628 valued at $19.74M in 2017Q3. It also increased its holding in Blackrock Inc (NYSE:BLK) by 1,548 shares in the quarter, for a total of 2.03M shares, and has risen its stake in Choice Hotels Intl Inc (NYSE:CHH).

Investors sentiment decreased to 0.97 in Q3 2017. This represents a $0.80 dividend on an annualized basis and a yield of 1.25%. Moors Cabot reported 2,668 shares or 0.04% of all its holdings. 39 funds opened positions while 125 raised stakes. Moreover, Alphaone Invest Svcs Ltd Liability Corp has 0.3% invested in First Connecticut Bancorp, Inc. Whittier Trust Of Nevada holds 0.48% or 99,422 shares in its portfolio. Nomura Hldg reported 0% of its portfolio in Gartner, Inc. The fund owned 14,614 shares of the footwear maker's stock after selling 1,810 shares during the period. (NASDAQ:FBNK). Mendon Cap Advsr invested in 0.13% or 59,454 shares. (NYSE:NKE). Carlton Hofferkamp And Jenks Wealth Mngmt Limited Liability Corporation reported 32,082 shares. Arrowgrass Capital Prns (Us) LP holds 0.01% or 16,968 shares in its portfolio. (NYSE:NKE) for 108,242 shares. Livforsakringsbolaget Skandia Omsesidigt accumulated 10,200 shares. Beach Investment Limited Liability Com has 3.78% invested in Citigroup Inc. (NYSE:IT). 122 were accumulated by Greenleaf Trust. Manufacturers Life The invested in 636,164 shares or 0.02% of the stock. Therefore 69% are positive. As per Wednesday, July 20, the company rating was maintained by RBC Capital Markets. The stock of Pfizer Inc. The stock has "Sector Perform" rating by RBC Capital Markets on Tuesday, May 2. The firm has "Buy" rating given on Tuesday, November 10 by Cantor Fitzgerald. (TSE:SJ) has "Outperform" rating given on Thursday, February 4 by RBC Capital Markets. The company was upgraded on Monday, August 24 by Kelsey Advisory Group. The firm earned "Top Pick" rating on Monday, March 13 by RBC Capital Markets. The firm earned "Sell" rating on Friday, December 22 by Bank of America. Wedbush maintained the stock with "Neutral" rating in Thursday, March 23 report.



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