Nike Inc (NYSE:NKE) Big Money Sentiment Index Falls in Q4 2017 to 0.74

May 17, 2018 - By Pearl Odom

NIKE, Inc. (NYSE:NKE) Corporate Logo

Nike Inc’s Sentiment

In Q4 2017 Nike Inc (NYSE:NKE) big money sentiment decreased to 0.74, according to SEC filings. So its down -0.06, from 2017Q3’s 0.8. 421 hedge funds opened new or increased positions, while 571 sold and trimmed stakes in Nike Inc so the sentiment turned negative. These funds own 1.01 billion shares, that’s up from 985.62 million shares in 2017Q3. Funds holding Nike Inc in top 10 increased from 29 to 37 for an increase of 8. 70 Investors Sold All; 501 Reduced Holdings; 312 increased holdings while 109 hedge funds bought holdings.

Most Nike Inc Investors

As of Q4 2017 Mcdonald Capital Investors Inc Ca has 6.37% invested in Nike Inc. As of Q4 2017, 5.84 million shares of Nike Inc are owned by Pershing Square Capital Management L.P.. In addition, Bank Pictet & Cie (Asia) Ltd reported 228,310 shares in Nike Inc equivalent to 6.19% of its stock exposure. Ycg Llc revealed 389,806 shares position in Nike Inc. The Florida-based fund Polen Capital Management Llc looks positive on Nike Inc, having 12.74 million shares.

NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide.The firm is valued at $114.98 billion. It offers NIKE brand products in nine categories: running, NIKE basketball, the Jordan brand, football, menÂ’s training, womenÂ’s training, action sports, sportswear, and golf.30.87 is the P/E ratio. The firm also markets products designed for kids, as well as for other athletic and recreational uses, such as cricket, lacrosse, tennis, volleyball, wrestling, walking, and outdoor activities.

Ticker’s shares touched $71.34 during the last trading session after 2.65% change.NIKE, Inc. has 9.69M shares volume, 33.84% up from normal. NKE is uptrending and has moved 18.31% since May 17, 2017. NKE outperformed the S&P 500 by 6.76%.

NIKE, Inc. (NYSE:NKE)’s quarterly earnings will be published on July, 5., according to Faxor. Analysts expect change of 6.67 % or $0.04 from previous year’s $0.6 EPS compared to current’s $0.64 EPS. NKE’s profit could be $1.03B with 27.87 P/E in case $0.64 EPS is published. Wall Street predicts -5.88 % negative EPS growth as of July, 5.

Papp L Roy Assocs reported 69,742 shs. Macquarie Grp Ltd holds 319,375 shs. Liberty Management invested in 400 shs or 0.01% of the stock. Estabrook Capital Mgmt has 0.49% invested in NIKE, Inc. (NYSE:NKE). Balyasny Asset Mgmt Limited Liability reported 0.01% in NIKE, Inc. (NYSE:NKE). Pennsylvania-based Pnc Finance Svcs has invested 0.18% in NIKE, Inc. (NYSE:NKE). Liberty Mutual Asset Mgmt owns 52,369 shs. Mitchell Sinkler And Starr Pa invested in 11,128 shs. Moreover, Of Toledo Na Oh has 0.82% invested in NIKE, Inc. (NYSE:NKE) for 52,916 shs. Alpha Cubed Investments Ltd Liability Corp stated it has 6,293 shs. Gofen Glossberg Lc Il holds 346,153 shs. Guardian Life Of America holds 0.06% of its capital in NIKE, Inc. (NYSE:NKE) for 4,257 shs. Meiji Yasuda Asset Mgmt Com Ltd accumulated 0.31% or 51,713 shs. Tributary Cap Management Lc owns 0.06% invested in NIKE, Inc. (NYSE:NKE) for 11,700 shs. Mairs Power accumulated 0% or 4,400 shs.

NIKE, Inc. registered $45.81 million net activity with 0 insider purchases and 8 sales since December 11, 2017. 100,000 shs valued at $6.77 million were sold by SPRUNK ERIC D on Monday, January 29. $6.85M worth of NIKE, Inc. (NYSE:NKE) was sold by EDWARDS TREVOR A. $9.45M worth of stock was sold by PARKER MARK G on Tuesday, February 27. $620,000 worth of NIKE, Inc. (NYSE:NKE) was sold by Matheson Monique S. on Monday, December 11.

NIKE, Inc. (NYSE:NKE) Ratings Coverage

A total of 22 analysts rate Nike (NYSE:NKE) as follows: 15 “Buy”, 6 “Hold” and 1 “Sell”. Тherefore 68% are bullish. The firm has $80.0 highest and $42.0 lowest target. The avg target $69.50 is -2.58% below the last ($71.34) price. (NYSE:NKE) has 40 ratings reports on 17 May 2018 according to StockzIntelligence. On Thursday, January 11 Macquarie Research maintained NIKE, Inc. (NYSE:NKE) with “Buy” rating. On Friday, December 22 the stock of NIKE, Inc. (NYSE:NKE) earned “Hold” rating by FBR Capital. On Friday, March 23 the firm has “Neutral” rating by B. Riley & Co given. On Thursday, March 22 the stock of NIKE, Inc. (NYSE:NKE) earned “Hold” rating by Piper Jaffray. On Thursday, April 19 the firm has “Buy” rating by Robert W. Baird given. On Monday, December 18 the stock has “Buy” rating by Buckingham Research. In Friday, March 23 report Jefferies maintained the stock with “Hold” rating. In Thursday, February 15 report Stifel Nicolaus maintained it with “Buy” rating and $80.0 target. On Thursday, February 15 the firm has “Buy” rating by Buckingham Research given. On Friday, March 23 the company was maintained by Stifel Nicolaus.

For more NIKE, Inc. (NYSE:NKE) news announced briefly go to: Bizjournals.com, Investorplace.com, 247Wallst.com, Seekingalpha.com or Bizjournals.com. The titles are as follows: “Four more execs out at Nike, pushing total to 10 since misconduct investigation began” announced on May 08, 2018, “5 Top Stock Trades for Thursday Morning” on May 16, 2018, “Nike, General Electric Lead the Dow Higher Wednesday” with a publish date: May 16, 2018, “Nike breaks to new all-time high” and the last “Nike CEO calls all-staff meeting to apologize for company culture” with publication date: May 04, 2018.

NIKE, Inc. (NYSE:NKE) Institutional Investors Chart

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