Nike (NKE) - Investment Analysts' Recent Ratings Updates

Sunday, 14 Jan, 2018

The institutional investor held 82,850 shares of the consumer non-durables company at the end of 2017Q3, valued at $4.30M, up from 68,000 at the end of the previous reported quarter. Davis Capital Partners Llc who had been investing in Signature Bank New York for a number of months, seems to be bullish on the $7.82B market cap company. The stock decreased 0.61% or $0.79 during the last trading session, reaching $128.16. It has underperformed by 23.89% the S&P500.

Duncker Streett & Company Inc decreased Nike Inc (NKE) stake by 17.45% reported in 2017Q3 SEC filing.

Several large investors have recently bought and sold shares of the stock. Gillespie Robinson & Grimm Inc who had been investing in Nike Inc for a number of months, seems to be bullish on the $104.54 billion market cap company. The stock increased 2.76% or $0.85 during the last trading session, reaching $31.62. (NYSE:NKE). Sigma Planning holds 0.08% of its portfolio in NIKE, Inc. NIKE, Inc. (NYSE:NKE) has declined 9.24% since January 11, 2017 and is downtrending. It has underperformed by 25.94% the S&P500.

Investors sentiment increased to 1.85 in 2017 Q3. The company has a quick ratio of 1.67, a current ratio of 2.46 and a debt-to-equity ratio of 0.30. 78 funds opened positions while 358 raised stakes. The footwear maker reported $0.46 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.40 by $0.06.

Nike, Inc., based near Beaverton, Oregon, is the world's leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment and accessories for a wide variety of sports and fitness activities. Atlantic Tru Grp Incorporated Ltd Liability has invested 0.15% in NIKE, Inc. Retail Bank Of Nova Scotia stated it has 0.01% of its portfolio in Snap-on Incorporated (NYSE:SNA). (NYSE:NKE). Douglass Winthrop Advisors Ltd Limited Liability Company stated it has 697,059 shares. Asset Planning Services Ltd. increased its stake in Nike by 0.3% in the 2nd quarter. (NYSE:NKE) can provide us with excellent insight into how the company's stock is performing. Guggenheim Capital Limited Liability reported 139,941 shares. First In holds 20,734 shares. Alecta Pensionsforsakring Omsesidigt holds 2.6% in NIKE, Inc. PARKER MARK G had sold 135,000 shares worth $8.78 million. Montag Caldwell Lc accumulated 12,863 shares. Mogy Joel R Invest Counsel holds 1.06% or 123,201 shares. Following the sale, the executive vice president now directly owns 23,248 shares in the company, valued at $1,441,376.

Among 44 analysts covering Nike Inc. Three analysts have rated the stock with a sell rating, twenty have assigned a hold rating and twenty-one have issued a buy rating to the company's 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. (NYSE:NKE) has "Overweight" rating given on Wednesday, March 23 by Morgan Stanley. The rating was downgraded by Argus Research to "Hold" on Tuesday, April 4. The stock has "Outperform" rating by Credit Suisse on Wednesday, December 28. The firm has "Buy" rating given on Thursday, February 25 by Compass Point. The firm earned "Outperform" rating on Tuesday, January 19 by RBC Capital Markets. Deutsche Bank maintained it with "Buy" rating and $125.0 target in Wednesday, September 16 report. The rating was maintained by Canaccord Genuity with "Hold" on Wednesday, September 28. Robert W. Baird maintained the stock with "Buy" rating in Monday, October 30 report. Stifel Nicolaus maintained it with "Hold" rating and $1800 target in Wednesday, August 2 report. J.P. Morgan downgraded the shares of EVTC in report on Tuesday, December 12 to "Sell" rating.

In the previous year there have been a total of 76 insider trades, including 18 open market buys and 58 sells. The insider, SLUSHER JOHN F, now holds 168,169 shares of NKE. Shares for $855,206 were sold by RODGERS JOHNATHAN A on Thursday, September 14.

Wells Fargo & Company, which manages about $322.95 billion US Long portfolio, upped its stake in Bank Amer Corp (NYSE:BAC) by 33.12M shares to 33.98M shares, valued at $860.99 million in 2017Q3, according to the filing. Wellington Management Group LLP raised its holdings in Nike by 5.0% during the 1st quarter.

Among new and sold out positions, 65 holders initiated new positions by a total of 3.98 million shares and 106 holders exited their positions by a total of 10.7 million shares. It also reduced its holding in Nxp Semiconductors (NASDAQ:NXPI) by 9,532 shares in the quarter, leaving it with 124,946 shares, and cut its stake in Electronic Arts (NASDAQ:EA).

To round out your research, the current dividend yield is 1.25% with a payout ratio of 26.60%. It turned negative, as 10 investors sold FELE shares while 48 reduced holdings. Badgley Phelps & Bell Inc stated it has 6,888 shares. Connable Office owns 2,500 shares. The Ohio-based American Financial Group Inc has invested 0.55% in the stock. Security Trust reported 4,238 shares. State Board Of Administration Of Florida Retirement Sys reported 138,204 shares or 0.05% of all its holdings. Parametrica Mgmt Limited reported 0.12% stake. Fjarde Ap invested in 313,385 shares. (NYSE:IT) for 10,979 shares. Quantitative Systematic Strategies Limited Liability has 3,535 shares. (NYSE:IT). 122 were accumulated by Greenleaf Trust. Td Capital Mgmt Ltd has invested 0% in Tallgrass Energy Partners, LP (NYSE:TEP). Also, EVP Monique S. Matheson sold 10,000 shares of the business's stock in a transaction on Monday, December 11th. Therefore 55% are positive. Gartner Inc had 36 analyst reports since August 3, 2015 according to SRatingsIntel. Barclays Capital maintained NIKE, Inc. (NYSE:NKE) on Thursday, September 14. The Japan-based Daiwa Securities Group Inc. has invested 1.18% in the stock. The rating was maintained by B. Riley & Co with "Buy" on Friday, September 25. The firm earned "Top Pick" rating on Monday, March 13 by RBC Capital Markets. (NYSE:NKE) earned "Hold" rating by Piper Jaffray on Friday, December 22. BMO Capital Markets maintained the shares of IT in report on Wednesday, October 4 with "Buy" rating. They set a "buy" rating and a $72.00 price objective on the stock.