Nike (NKE) Stock Rating Reaffirmed by Citigroup

Lloyd Doyle
January 13, 2018

The Northwestern Mutual Wealth Management Company holds 211,787 shares with $11.38 million value, up from 193,405 last quarter.

Shares of Nike (NYSE NKE) traded up $0.07 on Wednesday, reaching $64.29. Following the completion of the sale, the chairman now directly owns 1,637,736 shares of the company's stock, valued at $90,124,612.08. (NYSE:NKE) by 12.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). It has underperformed by 25.94% the S&P500.

Lindsell Train Ltd increased its stake in International Speedway A Class (ISCA) by 14.21% based on its latest 2017Q3 regulatory filing with the SEC. The Atlanta Capital Management Co Llc holds 488,332 shares with $25.32M value, down from 504,478 last quarter. Cl B for a number of months, seems to be bullish on the $105.40 billion market cap company. The stock increased 0.60% or $0.71 during the last trading session, reaching $119.54. AutoZone, Inc. (NYSE:AZO) has declined 10.95% since January 12, 2017 and is downtrending. It has underperformed by 8.39% the S&P500.

Investors sentiment decreased to 0.8 in 2017 Q3. It dived, as 53 investors sold FB shares while 618 reduced holdings. 121 funds opened positions while 584 raised stakes. Guardian Life Insurance Of America stated it has 2,988 shares. Kentucky Retirement Sys Ins Tru Fund reported 35,042 shares or 0.32% of all its holdings. (NYSE:NKE). Salient Trust Lta, Texas-based fund reported 108,100 shares. Fincl Counselors reported 0.93% stake. Beese Fulmer Investment Management Inc invested in 1.37% or 51,315 shares. (NYSE:AZO). Moreover, Gotham Asset Ltd Limited Liability Company has 0.37% invested in AutoZone, Inc. Appleton Prtnrs Inc Ma owns 66,785 shares or 1.92% of their USA portfolio. Vantage Invest Ltd Liability Company reported 0.09% stake. About 2.07M shares traded. 124,123 are owned by Boston Advsrs. Evergreen Cap Management Limited Liability holds 0.77% or 38,467 shares in its portfolio. Fiduciary Trust Co. boosted its stake in shares of Nike by 4.9% in the second quarter. Condor Cap Mgmt invested in 0.25% or 23,586 shares. (NYSE:NKE). Addenda Capital Inc has 180,573 shares for 0.65% of their portfolio. Therefore 15% are positive. Starbucks Corporation had 84 analyst reports since July 28, 2015 according to SRatingsIntel. The firm has "Hold" rating by Stifel Nicolaus given on Tuesday, October 11. The rating was upgraded by PiperJaffray on Tuesday, August 9 to "Overweight". BTIG Research maintained the shares of SBUX in report on Friday, July 22 with "Buy" rating. Raymond James Financial decreased their price objective on Nike from $71.00 to $67.00 and set an "outperform" rating on the stock in a research note on Tuesday, September 19th. CLSA initiated the shares of NKE in report on Thursday, January 19 with "Underperform" rating. The rating was maintained by Goldman Sachs with "Buy" on Wednesday, September 28. The firm has "Hold" rating given on Monday, October 23 by SunTrust. (NYSE:AZO) for 42,778 shares. It also reduced its holding in Mack Cali Rlty Corp (NYSE:CLI) by 31,800 shares in the quarter, leaving it with 18,000 shares, and cut its stake in Ehealth Inc (NASDAQ:EHTH).


Since September 25, 2017, it had 0 insider purchases, and 6 insider sales for $6.90 million activity. 22,640 shares were sold by BEGEMANN BRETT D, worth $2.72 million. The insider Yarrington Patricia E sold 39,000 shares worth $4.33M. (NYSE:NKE). 314,786 are owned by Zurcher Kantonalbank (Zurich Cantonalbank). 20,125 are owned by Two Sigma Ltd. Smithfield Tru holds 0.1% or 14,614 shares. It has a 27.89 P/E ratio. During the same period in the previous year, the company earned $0.50 EPS.

Since January 1, 0001, it had 0 insider purchases, and 6 insider sales for $23.60 million activity. Macquarie Group Ltd.'s holdings in Nike were worth $12,903,000 at the end of the most recent quarter. $620,000 worth of stock was sold by Matheson Monique S. on Monday, December 11. Barclays Capital maintained NIKE, Inc. The ex-dividend date of this dividend was Friday, December 1st. Also, EVP John F. Slusher sold 136,000 shares of the firm's stock in a transaction that occurred on Wednesday, January 4th. The shares were sold at an average price of $52.94, for a total transaction of $5,294,000.00.

Investors sentiment decreased to 0.8 in 2017 Q3. Its down 0.14, from 0.98 in 2017Q2. It dropped, as 87 investors sold NKE shares while 457 reduced holdings. 78 funds opened positions while 358 raised stakes. The footwear maker reported $0.46 EPS for the quarter, topping the consensus estimate of $0.40 by $0.06. (NYSE:AZO). Illinois-based Envestnet Asset Mgmt has invested 0.04% in AutoZone, Inc. FBR & Co reissued a "hold" rating and set a $53.00 target price on shares of Nike in a research note on Thursday, September 14th. Bridgecreek Invest Mngmt Lc holds 0.08% of its portfolio in NIKE, Inc. (NYSE:NKE) or 512 shares. Ar Asset Management Inc who had been investing in Nike Inc. Vanguard Group Inc. now owns 99,605,408 shares of the footwear maker's stock valued at $5,876,718,000 after acquiring an additional 2,452,993 shares during the period. Lord Abbett And Co Ltd Company has 557,100 shares. Ipswich Mgmt reported 16,821 shares. Citizens And Northern holds 8,342 shares. Cambridge invested in 1.05% or 291,790 shares. First Manhattan has 158,546 shares. Argus Research maintained NIKE, Inc. It is negative, as 48 investors sold Monday shares while 342 reduced holdings. Nike Inc has a 52-week low of $50.35 and a 52-week high of $65.18. Its up 16.43% from 36.38M shares previously. Nike Inc now has $104.89 billion valuation. Therefore 92% are positive. Monsanto Company had 60 analyst reports since August 25, 2015 according to SRatingsIntel. Piper Jaffray maintained the stock with "Buy" rating in Thursday, July 27 report. The firm earned "Buy" rating on Thursday, October 8 by DA Davidson. (NYSE:NKE) earned "Buy" rating by UBS on Wednesday, June 29. As per Friday, August 7, the company rating was downgraded by. Nike presently has an average rating of "Hold" and an average price target of $64.40.

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