Nike, Inc. (NKE) Position Increased by Sunriver Management LLC

Marco Green
January 14, 2018

The institutional investor held 127,000 shares of the hotels and resorts company at the end of 2017Q3, valued at $14.00M, up from 120,000 at the end of the previous reported quarter.

The stock increased 0.27% or $0.09 during the last trading session, reaching $33.61. About 14,364 shares traded. Snap-on Incorporated (NYSE:SNA) has risen 2.47% since January 11, 2017 and is uptrending. It has outperformed by 2.27% the S&P500. Howe & Rusling Inc. increased its stake in Nike by 751.3% in the 3rd quarter.

New Vernon Investment Management Llc decreased its stake in Banco Macro Sa (BMA) by 29.97% based on its latest 2017Q3 regulatory filing with the SEC. The Ar Asset Management Inc holds 82,850 shares with $4.30M value, up from 68,000 last quarter. Bank Of Stockton who had been investing in Nike Inc. for a number of months, seems to be less bullish one the $104.78B market cap company. About 5.10 million shares traded.

Nike (NYSE:NKE) had its target price hoisted by Buckingham Research from $64.00 to $71.00 in a report published on Monday, December 18th, MarketBeat.com reports. It has underperformed by 25.94% the S&P500. NIKE, Inc. (NYSE:NKE)'s short interest is 39.14 million shares, or 3.02% of the float. It also reduced its holding in Campbell Soup Co (NYSE:CPB) by 63,712 shares in the quarter, leaving it with 30,000 shares, and cut its stake in U S Silica Hldgs Inc (NYSE:SLCA). Three investment analysts have rated the stock with a sell rating, twenty have given a hold rating and twenty-two have given a buy rating to the company. Therefore 55% are positive. According to today's trading volume NIKE, Inc.is BELOW its 20-Day Avg. volume with the stock showing BELOW Abnormal volume in the past 150 days. In a hard retail operating environment, Nike managed to make solid strides in manufacturing, distribution and strategic partnerships; as well as build out its worldwide business and deliver fresh product. (NASDAQ:MAR) rating on Monday, December 5. The company was maintained on Tuesday, September 19 by Wells Fargo. The stock of Marriott International, Inc. The rating was maintained by B. Riley & Co on Wednesday, September 28 with "Neutral". The firm earned "Top Pick" rating on Monday, March 13 by RBC Capital Markets. RBC Capital Markets maintained it with "Outperform" rating and $56 target in Tuesday, October 17 report. Raymond James And Associate reported 565,838 shares. Goldman Sachs maintained it with "Buy" rating and $66 target in Wednesday, June 29 report. The firm has "Neutral" rating given on Tuesday, August 8 by Robert W. Baird. The firm has "Outperform" rating by Credit Suisse given on Wednesday, March 23. The company has a quick ratio of 1.67, a current ratio of 2.46 and a debt-to-equity ratio of 0.30. J.P. Morgan downgraded the shares of EVTC in report on Tuesday, December 12 to "Sell" rating. (NASDAQ:MAR) for 3,526 shares. Clifford Swan Invest Counsel Limited Liability Corp accumulated 0.58% or 185,019 shares. Legal General Grp Inc Public Ltd Co holds 0.27% or 6.82M shares in its portfolio. Following the transaction, the chief operating officer now directly owns 165,591 shares in the company, valued at approximately $10,448,792.10. Asset Planning Services Ltd. increased its stake in Nike by 0.3% in the 2nd quarter. Nomura Hldg reported 0% of its portfolio in Gartner, Inc. Prudential Financial has 433,373 shares for 0.08% of their portfolio. Whittier Trust Of Nevada holds 0.48% or 99,422 shares in its portfolio. Commonwealth Comml Bank Of Aus reported 522,431 shares. Connable Office owns 2,500 shares. Glenmede Tru Na has 18,427 shares for 0% of their portfolio. Shine Advisory Svcs invested 0.01% in Gartner, Inc. RODGERS JOHNATHAN A sold $855,206 worth of NIKE, Inc. Its up 7.9% from 1.13 million shares previously.

Argentiere Capital Ag, which manages about $464.87M and $259.55 million US Long portfolio, upped its stake in Jpmorgan Chase & Co (NYSE:JPM) by 16,800 shares to 80,300 shares, valued at $7.67M in 2017Q3, according to the filing. (NYSE:NKE). Spf Beheer Bv has invested 2.71% in NIKE, Inc. (EDR) has declined 7.19% since January 11, 2017 and is downtrending. Its down 0.20, from 1 in 2017Q2. It dived, as 87 investors sold NKE shares while 457 reduced holdings.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Analysts are forecasting earnings of $0.52 on a per share basis this quarter. 433,000 are owned by Ig Limited. Moreover, Kingfisher Cap has 0.58% invested in NIKE, Inc. (NYSE:NKE). The number of shares transacted for the day under observation was 4.95 million contracts. Alexandria Ltd Llc invested in 0.96% or 73,737 shares. This is a positive change from Nike's previous quarterly dividend of $0.16. The stock had a trading volume of 2,346,969 shares, compared to its average volume of 8,448,600. Carret Asset Mngmt Ltd Llc owns 17,918 shares or 0.15% of their U.S. portfolio. (NYSE:RHT). Cubist Systematic Strategies Ltd Liability Com invested in 0.34% or 54,033 shares. Capital Research Global Investors grew its position in shares of Nike by 10.4% in the 2nd quarter. Dnb Asset Mgmt As has 34,781 shares for 0.07% of their portfolio. 1,400 were accumulated by Blackhill Cap. Short interest, which represents the number of a stock's shares now being shorted, captures what the market as a whole feels about a stock. Wellington Management Group LLP now owns 49,907,256 shares of the footwear maker's stock valued at $2,781,332,000 after buying an additional 2,375,447 shares during the period.

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