Cable Hill Partners LLC Lowers Position in Nike (NKE)

Marco Green
April 23, 2018

Carderock Mngmt Inc holds 1.4% of its portfolio in NIKE, Inc.

NKE traded up $0.36 during trading hours on Friday, hitting $66.09. About 10.40M shares traded or 28.33% up from the average.

Nike (NYSE:NKE) last announced its quarterly earnings results on Thursday, March 22nd. It has outperformed by 6.76% the S&P500.

Affinity Investment Advisors Llc decreased its stake in Pulte Corp (PHM) by 16.03% based on its latest 2017Q4 regulatory filing with the SEC.

Among 24 analysts covering UDR Inc (NYSE:UDR), 5 have Buy rating, 2 Sell and 17 Hold. The institutional investor held 150,000 shares of the consumer services company at the end of 2017Q4, valued at $5.78 million, down from 200,000 at the end of the previous reported quarter. Naples Global Advisors Llc who had been investing in Target Corporation for a number of months, seems to be bullish on the $37.89 billion market cap company. The stock increased 0.89% or $0.42 during the last trading session, reaching $47.59. AT&T Inc. (NYSE:T) has declined 15.88% since April 22, 2017 and is downtrending. It has outperformed by 42.57% the S&P500. Sands Capital Management LLC now owns 9,012,009 shares of the footwear maker's stock worth $563,701,000 after acquiring an additional 1,470,320 shares during the last quarter.

Investors sentiment decreased to 0.74 in 2017 Q4. It has change of 0.06, from 2017Q3's 0.8. It dived, as 70 investors sold NKE shares while 501 reduced holdings. Halsey Associates Inc. CT raised its position in shares of Nike by 5.8% in the fourth quarter. In case of $0.64 EPS NKE's profit could be $1.03 billion. Dorsey Whitney Tru Communications Ltd holds 3,486 shares or 0.04% of its portfolio. San Francisco Sentry Invest Gru (Ca) has 13,820 shares. 2,400 were accumulated by Ckw. (NYSE:NKE). Shell Asset Mngmt reported 0.17% stake. (NYSE:NKE). St Johns Investment Limited Liability holds 0.91% or 19,799 shares in its portfolio. Vnbtrust National Association has 3,708 shares for 0.14% of their portfolio. (NYSE:NKE). Colonial Advsrs invested in 170,288 shares. Moreover, Suntrust Banks has 0.07% invested in NIKE, Inc. (NYSE:NKE) was sold by Matheson Monique S. EDWARDS TREVOR A sold 100,000 shares worth $6.85M.

In total 23 analysts cover Nike (NYSE:NKE). (NYSE:NKE) rating on Friday, December 22. Therefore 61% are positive. UDR Inc had 73 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus on Wednesday, September 28 with "Buy". Buckingham Research set a $71.00 target price on Nike and gave the company a "buy" rating in a report on Monday, December 25th. The company was maintained on Friday, August 21 by BMO Capital Markets. (NYSE:NKE) rating on Wednesday, March 23. The company has an average rating of "Hold" and an average target price of $68.55. The stock rating was maintained by Nomura with "Buy" on Friday, March 23. The stock of NIKE, Inc. On Thursday, October 26 the rating was maintained by Deutsche Bank with "Buy". The rating was maintained by Piper Jaffray with "Overweight" on Thursday, February 4. (NYSE:NKE) earned "Buy" rating by Goldman Sachs on Wednesday, December 2. On Wednesday, September 27 the stock rating was maintained by Canaccord Genuity with "Hold". Huntington Bancshares reported 0.62% in NIKE, Inc. Wells Fargo has "Buy" rating and $20500 target.

Since December 11, 2017, it had 0 insider purchases, and 8 selling transactions for $45.81 million activity.

Hendley & Co Inc decreased its stake in Nike Inc. (NYSE:NKE) or 111,468 shares. PARKER MARK G also sold $9.45M worth of NIKE, Inc. Also, insider Eric D. Sprunk sold 100,000 shares of the company's stock in a transaction on Tuesday, January 30th.

Since December 15, 2017, it had 0 buys, and 4 sales for $3.04 million activity. On Thursday, October 26 Ellinghausen James R sold $4.07M worth of PulteGroup, Inc. (NYSE:NKE) for 213,619 shares. The insider OShaughnessy Robert sold 92,800 shares worth $3.15 million.

Investors sentiment decreased to 1.05 in 2017 Q4. Its up 0.25, from 0.76 in 2017Q3. It worsened, as 67 investors sold T shares while 714 reduced holdings. Gam Hldgs Ag reported 118,000 shares. Heritage Wealth invested 0.27% of its portfolio in UDR, Inc. Sarasin Prns Ltd Liability Partnership holds 0.14% in NIKE, Inc. Invesco Limited reported 2.91 million shares or 0.07% of all its holdings. (NYSE:T) for 433,005 shares. Cambridge Investment Research Advsr Incorporated has 0.01% invested in PulteGroup, Inc. Bankshares holds 0.04% in UDR, Inc. (NYSE:T) for 618 shares. Jennison Assoc Ltd holds 0% or 53,886 shares in its portfolio. Btim holds 1.09% or 1.19 million shares in its portfolio. (NYSE:PHM). Mutual Of America Limited Liability invested in 0.02% or 34,388 shares. (NYSE:PHM). Arizona State Retirement stated it has 0.02% in PulteGroup, Inc.

Cadence Capital Management Llc, which manages about $4.62B and $1.57B US Long portfolio, upped its stake in Abraxas Pete Corp (NASDAQ:AXAS) by 171,698 shares to 1.10M shares, valued at $2.71M in 2017Q4, according to the filing. Amalgamated Bank raised its holdings in shares of Nike by 2.0% in the 3rd quarter.

Analysts await AT&T Inc. (NYSE:UDR) to report earnings on April, 25 after the close. During the same period in the prior year, the firm posted $0.68 EPS. PHM's profit will be $125.91M for 16.22 P/E if the $0.44 EPS becomes a reality. The footwear maker reported $0.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.15.

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