Michael Kors Holdings LTD's (NYSE:KORS) Sentiment is 0.94

Sunday, 14 Jan, 2018

Over the last quarter, insiders sold 16,835 shares of company stock worth $964,403. Pacer Advisors Inc. bought a new position in shares of Michael Kors in the 2nd quarter worth approximately $114,000. The stock has a market capitalization of $9,920.00, a P/E ratio of 18.17, a PEG ratio of 2.17 and a beta of 0.12. The stock decreased 0.46% or $0.2 during the last trading session, reaching $43.52. About 1.20 million shares traded. Pretium Resources Inc. (NYSE:PVG) has risen 14.20% since January 14, 2017 and is uptrending. It has underperformed by 17.33% the S&P500. The company's revenue was up 5.4% compared to the same quarter past year. The firm owned 64,058 shares of the lifestyle brand's stock after buying an additional 23,717 shares during the quarter. The institutional investor held 4.45 million shares of the apparel company at the end of 2017Q3, valued at $213.13M, up from 4.43 million at the end of the previous reported quarter. BlackRock Inc. now owns 15,287,608 shares of the lifestyle brand's stock worth $554,176,000 after purchasing an additional 1,301,796 shares during the last quarter. 250.53 million shares or 1.86% less from 255.28 million shares in 2017Q2 were reported.

Michael Kors (NYSE:KORS) last released its quarterly earnings data on Monday, November 6th. It has underperformed by 27.24% the S&P500. Its up 0.24, from 0.7 in 2017Q2. It dropped, as 40 investors sold CF shares while 147 reduced holdings. Sold All: 35 Reduced: 122 Increased: 92 New Position: 55. Sei Investments Co. now owns 5,466 shares of the lifestyle brand's stock worth $262,000 after purchasing an additional 2,156 shares in the last quarter. Sumitomo Mitsui Tru Holdings holds 0.03% or 640,596 shares in its portfolio.

Michael Kors Holdings LTD (NYSE:KORS) institutional sentiment increased to 0.94 in Q3 2017. Srb Corp holds 0.03% or 4,223 shares. Amalgamated Fincl Bank owns 28,462 shares for 0.04% of their portfolio.

Michael Kors (NYSE:KORS) last released its quarterly earnings results on Monday, November 6th. 545,500 are owned by Pdt Prtnrs Ltd Liability Corp. The stock of Michael Kors Holdings Limited (NYSE:KORS) earned "Hold" rating by Piper Jaffray on Tuesday, July 25. Flossbach Von Storch Ag owns 11.75 million shares or 5.87% of their United States portfolio. Contrarius Investment Management Ltd, a Jersey-based fund reported 702,327 shares.#img1#. The lifestyle brand reported $1.33 earnings per share for the quarter, topping analysts' consensus estimates of $0.83 by $0.50. Zacks Investment Research lowered shares of Michael Kors Holdings from a "hold" rating to a "sell" rating in a research report on Tuesday, November 15th. Teacher Retirement Of Texas has 176,285 shares for 0.05% of their portfolio.

Grimes Incorporated stated it has 113,635 shares or 0.58% of all its holdings.

Apg Asset Management Nv, which manages about $60.73 billion US Long portfolio, decreased its stake in United Rentals Inc (NYSE:URI) by 70,100 shares to 1.13M shares, valued at $156.13 million in 2017Q3, according to the filing. BlackRock Inc. boosted its holdings in shares of Michael Kors by 9.3% during the 2nd quarter.

Among 34 analysts covering Michael Kors Holdings Ltd (NYSE:KORS), 10 have Buy rating, 2 Sell and 22 Hold. Therefore 29% are positive.

Ratings analysis reveals 29% of Michael Kors Holdings Ltd's analysts are positive.

In related news, CEO John D. Idol sold 500 shares of the firm's stock in a transaction dated Tuesday, November 7th. Finally, Morgan Stanley lowered shares of Michael Kors Holdings from an "overweight" rating to an "equal weight" rating and lowered their price target for the company from $69.00 to $52.00 in a research report on Monday, November 14th. Cowen restated a "hold" rating on shares of Michael Kors in a research note on Friday, November 10th. One research analyst has rated the stock with a sell rating, nineteen have issued a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the company's stock.

The stock of Michael Kors Holdings Limited (NYSE:KORS) hit a new 52-week high and has $71.11 target or 9.00% above today's $65.24 share price. Victory Capital Management Inc. raised its stake in Michael Kors Holdings by 8.3% in the second quarter. As per Wednesday, February 3, the company rating was maintained by RBC Capital Markets.

Investors sentiment increased to 1.74 in 2017 Q3. Its up 0.50, from 1.24 in 2017Q2. Michael Kors Holdings Ltd. 62 funds opened positions while 102 raised stakes. Hsbc Public Limited Com accumulated 391,155 shares or 0.03% of the stock. Ameriprise Fincl reported 0% in Pretium Resources Inc. (NYSE:CF). Mutual Of America Capital Mngmt Limited Co has 0.02% invested in CF Industries Holdings, Inc. (NYSE:PVG). Commerzbank Aktiengesellschaft Fi has 0% invested in Pretium Resources Inc. (NYSE:PVG). Investec Asset Management Limited reported 480,267 shares stake. Advisory Ser Ntwk Ltd Liability Co holds 0.02% in Pretium Resources Inc. (NYSE:PVG) or 14,635 shares.