The Suntrust Banks Inc. Grows Position in Nike Inc (NKE)

Wednesday, 14 Mar, 2018

Douglass Winthrop Advisors Llc who had been investing in Nike Inc Class B for a number of months, seems to be bullish on the $107.66 billion market cap company. The stock increased 0.78% or $0.52 during the last trading session, reaching $66.82. Investors of record on Monday, March 5th will be given a dividend of $0.20 per share.

Nike Inc (NYSE NKE) opened at $66.82 on Tuesday. It has underperformed by 16.03% the S&P500.

William Von Mueffling decreased its stake in Trinet Group Inc (TNET) by 4.21% based on its latest 2017Q3 regulatory filing with the SEC. Fagan Associates Inc sold 10,150 shares as the company's stock declined 8.78% while stock markets rallied. Adr for a number of months, seems to be less bullish one the $33.28B market cap company. The stock is now moving above its 20-Day Simple Moving Average of 0.14% with a 50-Day Simple Moving Average of 1.53 percent. About 17,605 shares traded. Praxair, Inc. (NYSE:PX) has risen 17.42% since March 13, 2017 and is uptrending. It has outperformed by 94.55% the S&P500.

Among 44 analysts covering Nike Inc.

Among 13 analysts covering Retail Opportunity Investments Corp (NASDAQ:ROIC), 8 have Buy rating, 0 Sell and 5 Hold. Therefore 57% are positive. According to today's trading volume NIKE, Inc.is ABOVE its 20-Day Avg. volume with the stock showing BELOW Abnormal volume in the past 150 days. (NYSE:NKE) on Tuesday, January 2. Canaccord Genuity maintained NIKE, Inc. Morgan Stanley has "Equal-Weight" rating and $60 target. Goldman Sachs Group set a $59.00 price objective on Nike and gave the company a "neutral" rating in a research report on Thursday, December 14th. Sun Life Financial INC now owns 9,539 shares of the footwear maker's stock valued at $563,000 after purchasing an additional 9,499 shares in the last quarter.

1/31/2018-Oppenheimer Upgrade from a "Buy" rating to a " rating. As per Friday, April 28, the company rating was maintained by Canaccord Genuity. The firm earned "Buy" rating on Monday, June 19 by Jefferies.

Since September 14, 2017, it had 0 insider purchases, and 8 sales for $45.81 million activity.

In related news, EVP Monique S. Matheson sold 10,000 shares of the firm's stock in a transaction on Monday, December 11th. (NYSE:NKE) shares. On Wednesday, January 31 EDWARDS TREVOR A sold $6.85M worth of NIKE, Inc. $9.45 million worth of NIKE, Inc. (NYSE:NKE) or 433,317 shares. The insider RODGERS JOHNATHAN A sold $855,206. About 21,556 shares traded or Infinity% up from the average. Amp Cap Invsts Limited holds 0.13% in NIKE, Inc. (NYSE:NKE) to report earnings on March, 20. During the same quarter in the prior year, the company posted $0.50 EPS. NKE's profit will be $878.55M for 30.94 P/E if the $0.54 EPS becomes a reality. The footwear maker reported $0.46 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.40 by $0.06.

Investors sentiment decreased to 0.8 in 2017 Q3. This represents a $0.80 annualized dividend and a dividend yield of 1.20%. It worsened, as 87 investors sold NKE shares while 457 reduced holdings. 78 funds opened positions while 358 raised stakes. Sei Invs Com reported 0% in MS Income Securities, Inc. Morgan Stanley downgraded NIKE, Inc. It also reduced its holding in Baxter Intl Inc (NYSE:BAX) by 137,600 shares in the quarter, leaving it with 56,300 shares, and cut its stake in Travelers Companies Inc (NYSE:TRV). (NYSE:ICB). Sit Invest Assocs, Minnesota-based fund reported 586,573 shares.

NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide. Blb&B Advsr Ltd Liability, Pennsylvania-based fund reported 24,861 shares.

On 5/11/2017 Nike announced a quarterly dividend of $0.18 1.33% with an ex dividend date of 6/1/2017 which will be payable on 7/5/2017. (NYSE:NKE). Ckw Gru has invested 0.03% in NIKE, Inc. The firm owned 361,037 shares of the footwear maker's stock after purchasing an additional 141,431 shares during the quarter. Commercial Bank Pictet & Cie (Asia) Ltd reported 5.96% of its portfolio in NIKE, Inc. Pub Employees Retirement Association Of Colorado owns 0.03% invested in Roper Technologies, Inc. Century, a Missouri-based fund reported 2.73M shares. Washington Tru holds 0.03% of its portfolio in NIKE, Inc. It also increased its holding in Bjs Restaurants Inc (NASDAQ:BJRI) by 95,686 shares in the quarter, for a total of 395,686 shares, and has risen its stake in Jpmorgan Chase & Co (AMJ). Therefore 49% are positive. Boeing had 104 analyst reports since August 26, 2015 according to SRatingsIntel. Citigroup maintained the shares of ROIC in report on Wednesday, February 28 with "Neutral" rating. Raymond James maintained the stock with "Outperform" rating in Tuesday, September 19 report. The firm has "Buy" rating given on Tuesday, December 19 by Deutsche Bank. The company was maintained on Thursday, October 6 by Barclays Capital. (NYSE:NKE). Raab & Moskowitz Asset Limited Liability Company holds 30,340 shares. The stock of Arista Networks, Inc. Its up 0.34, from 0.94 in 2017Q2. Ipswich Invest Mgmt Commerce stated it has 20,618 shares. 235.36 million shares or 0.26% less from 235.97 million shares in 2017Q2 were reported. Savings Bank Of America Corp De reported 0% in MS Income Securities, Inc. (NYSE:PX). Ameritas Inv Partners invested 0.21% of its portfolio in Praxair, Inc. (NYSE:NKE). Sg Americas Securities Limited Liability Corp holds 0.01% of its portfolio in NIKE, Inc. Zwj Counsel Incorporated has 0.02% invested in Praxair, Inc. Millennium Mgmt Lc reported 0.04% in Roper Technologies, Inc. (NYSE:ICB). Landscape Management Ltd invested in 0.02% or 11,469 shares. Ci Investments Inc reported 0.27% in Praxair, Inc. Shelton Capital holds 0.13% of its portfolio in NIKE, Inc. Cohen Mngmt Inc accumulated 0.07% or 1,080 shares. First Quadrant LP Ca holds 154,972 shares.

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