Nike INC (NKE) Stock Value Rose While Ycg LLC Upped Stake by $3.67 Million

April 18, 2018 - By Vivian Park

NIKE, Inc. (NYSE:NKE) LogoInvestors sentiment decreased to 0.74 in Q4 2017. Its down 0.06, from 0.8 in 2017Q3. It fall, as 70 investors sold NKE shares while 501 reduced holdings. 109 funds opened positions while 312 raised stakes. 1.01 billion shares or 2.95% more from 985.62 million shares in 2017Q3 were reported. Clearbridge Invests Ltd Liability owns 160,419 shares. Seaward Mngmt Ltd Partnership, a Massachusetts-based fund reported 131,504 shares. First Republic Management has 681,836 shares for 0.28% of their portfolio. Piedmont Inv Advsrs Ltd Llc holds 280,235 shares. Parsons Ri has invested 0.44% of its portfolio in NIKE, Inc. (NYSE:NKE). Moreover, Jump Trading Ltd Liability Corp has 0.06% invested in NIKE, Inc. (NYSE:NKE). St Johns Investment Mgmt Co Ltd Limited Liability Company has 0.91% invested in NIKE, Inc. (NYSE:NKE) for 19,799 shares. Lenox Wealth Mngmt holds 0.54% of its portfolio in NIKE, Inc. (NYSE:NKE) for 28,131 shares. 5,212 were accumulated by Linscomb And Williams Inc. Bailard reported 9,902 shares stake. Sands Management Limited Liability Corporation owns 9.01M shares. Sumitomo Mitsui Asset Mgmt Co invested in 0.47% or 497,726 shares. Moreover, Gateway Advisory Ltd has 0.11% invested in NIKE, Inc. (NYSE:NKE) for 6,076 shares. Oppenheimer Asset Management Incorporated has invested 0.06% in NIKE, Inc. (NYSE:NKE). Howe Rusling holds 2,349 shares or 0.03% of its portfolio.

Since December 11, 2017, it had 0 insider purchases, and 8 selling transactions for $45.81 million activity. Shares for $6.85M were sold by EDWARDS TREVOR A on Wednesday, January 31. PARKER MARK G sold $9.45M worth of stock. On Friday, December 15 the insider Matheson Monique S. sold $650,000. SPRUNK ERIC D sold $6.77 million worth of NIKE, Inc. (NYSE:NKE) on Monday, January 29.

Ycg Llc increased its stake in Nike Inc (NKE) by 17.93% based on its latest 2017Q4 regulatory filing with the SEC. Ycg Llc bought 59,271 shares as the company’s stock rose 4.55% while stock markets declined. The institutional investor held 389,806 shares of the consumer non-durables company at the end of 2017Q4, valued at $24.49M, up from 330,535 at the end of the previous reported quarter. Ycg Llc who had been investing in Nike Inc for a number of months, seems to be bullish on the $108.81 billion market cap company. The stock increased 0.67% or $0.45 during the last trading session, reaching $67.51. About 5.61 million shares traded. NIKE, Inc. (NYSE:NKE) has risen 18.31% since April 18, 2017 and is uptrending. It has outperformed by 6.76% the S&P500.

NIKE, Inc. (NYSE:NKE) Ratings Coverage

Among 24 analysts covering Nike (NYSE:NKE), 14 have Buy rating, 1 Sell and 9 Hold. Therefore 58% are positive. Nike has $80.0 highest and $42.0 lowest target. $68.05’s average target is 0.80% above currents $67.51 stock price. Nike had 42 analyst reports since October 19, 2017 according to SRatingsIntel. The rating was maintained by Deutsche Bank on Friday, March 23 with “Buy”. Jefferies maintained NIKE, Inc. (NYSE:NKE) on Friday, March 23 with “Hold” rating. Deutsche Bank maintained the stock with “Buy” rating in Thursday, October 26 report. The rating was maintained by Wedbush with “Hold” on Friday, December 22. Jefferies maintained the shares of NKE in report on Friday, December 22 with “Hold” rating. Robert W. Baird maintained NIKE, Inc. (NYSE:NKE) rating on Thursday, March 22. Robert W. Baird has “Buy” rating and $7800 target. Cowen & Co maintained it with “Hold” rating and $64.0 target in Thursday, January 11 report. The firm earned “Buy” rating on Tuesday, December 26 by DA Davidson. The stock of NIKE, Inc. (NYSE:NKE) has “Hold” rating given on Friday, March 23 by Canaccord Genuity. Piper Jaffray maintained it with “Hold” rating and $6400 target in Thursday, March 22 report.

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

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