Nike Inc (NYSE:NKE) Holdings Cut by Rockefeller Financial Services Inc

Lloyd Doyle
December 22, 2017

Flossbach Von Storch Ag sold 2.73M shares as Nike (NKE)'s stock declined 8.78%. It has underperformed by 25.94% the S&P500.

Avalon Global Asset Management Llc increased its stake in Macys Inc (Call) (M) by 50% based on its latest 2017Q3 regulatory filing with the SEC. First Citizens Bank & Trust Co sold 1,654 shares as the company's stock rose 3.60% with the market. Renaissance Techs Ltd Llc, New York-based fund reported 108,660 shares. Synovus Financial Corp who had been investing in Nike Inc for a number of months, seems to be less bullish one the $105.67 billion market cap company. The stock increased 3.53% or $2.695 during the last trading session, reaching $79.065. Bp Public Limited Company accumulated 0.28% or 153,000 shares. Malibu Boats, Inc. (NASDAQ:MBUU) has risen 77.33% since December 21, 2016 and is uptrending. It has outperformed by 29.32% the S&P500.

Orbis Invest Mgmt (Us) Llc stated it has 59,374 shares. Hm Payson & reported 91,229 shares.

At the moment 37 analysts are watching Nike, Inc. The rating was maintained by Goldman Sachs on Wednesday, June 29 with "Buy". (NYSE:NKE) earned "Buy" rating by UBS on Monday, December 12. The rating was maintained by Susquehanna on Sunday, June 25 with "Buy". The company was maintained on Thursday, March 23 by Canaccord Genuity. BB&T Capital has "Buy" rating and $148 target. (NYSE:V) has "Outperform" rating given on Thursday, October 26 by BMO Capital Markets. The rating was maintained by Morgan Stanley on Thursday, May 12 with "Equal-Weight". The rating was maintained by Citigroup with "Buy" on Wednesday, June 29. The firm has "Hold" rating by Cowen & Co given on Wednesday, September 6. As per Friday, June 30, the company rating was maintained by Piper Jaffray.

Investors sentiment increased to 1.08 in Q3 2017. Its up 0.19, from 1.31 in 2017Q2. Following the sale, the insider now owns 729,610 shares in the company, valued at $42,047,424.30. 142 funds opened positions while 524 raised stakes. State Street, Massachusetts-based fund reported 58.08 million shares. It also reduced its holding in Bank Amer Corp (NYSE:BAC) by 33,700 shares in the quarter, leaving it with 63,800 shares, and cut its stake in Dycom Inds Inc (NYSE:DY). Advisory Net Limited Liability Corporation has 6,342 shares. The Maryland-based Fulton Breakefield Broenniman Limited Liability Corp has invested 0.58% in NIKE, Inc. The footwear maker reported $0.57 EPS for the quarter, topping the consensus estimate of $0.48 by $0.09. Eaton Vance holds 0.7% or 5.25 million shares. Whittier Trust holds 0.05% or 11,672 shares in its portfolio. Stockholders of record on Monday, December 4th will be issued a $0.20 dividend.

Analysts await Tesaro, Inc. They expect $-2.38 EPS, up 8.46% or $0.22 from last year's $-2.6 per share. (NASDAQ:TSRO) to report earnings on February, 27.


Investors sentiment decreased to 1 in 2017 Q2. This represents a $0.80 annualized dividend and a dividend yield of 1.26%. It worsened, as 82 investors sold NKE shares while 439 reduced holdings. 78 funds opened positions while 358 raised stakes. Capital World Investors now owns 21,779,409 shares of the footwear maker's stock valued at $1,284,985,000 after acquiring an additional 8,058,601 shares during the period. Intact Inv Mgmt Inc accumulated 10,400 shares. Accredited Invsts has 4,154 shares. Security Bank Of So Dak has invested 2.41% of its portfolio in NIKE, Inc. The stock exchanged hands with 12,394,728 numbers of shares compared to its average daily volume of 10.52M shares. (NYSE:AIR). Strs Ohio owns 16,100 shares. Boston Family Office Limited Co holds 1.23% in NIKE, Inc. Asset Planning Services Ltd. increased its position in shares of Nike by 0.3% during the second quarter. Wealthtrust holds 13,009 shares. Monetary Management Group has invested 1.17% in NIKE, Inc. Franklin Resources holds 0.08% or 1.29M shares. $620,000 worth of NIKE, Inc.

Publicly-traded company NIKE, Inc. (NYSE:AIR) for 62,897 shares. This is a positive change from Nike's previous quarterly dividend of $0.18. (NYSE:NKE). Hl Fin Svcs Limited Com has 122,424 shares for 0.12% of their portfolio.

Analysts have given a mean recommendation of 2.40 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Therefore 55% are positive.

The Details: NIKE, Inc. Wellington Shields Mgmt Ltd reported 0.29% in NIKE, Inc. The rating was maintained by Credit Suisse on Wednesday, July 19 with "Buy". (NYSE:NKE) earned "Mkt Perform" rating by FBR Capital on Wednesday, September 28. The stock of Visa Inc. Telsey Advisory Group maintained the stock with "Outperform" rating in Friday, September 25 report. Jefferies initiated the shares of MRNS in report on Tuesday, November 17 with "Buy" rating. RODGERS JOHNATHAN A also sold $855,206 worth of NIKE, Inc. Bessemer Gp Inc holds 0.6% in NIKE, Inc.

In related news, EVP Monique S. Matheson sold 10,000 shares of the stock in a transaction that occurred on Monday, December 11th.

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