Y.D. Extra Investments Ltd diminished its stake in NIKE, Inc. (NYSE:NKE – Free Report) by 94.0% in the course of the second quarter, in line with its most up-to-date submitting with the SEC. The fund owned 376 shares of the footwear maker’s inventory after promoting 5,904 shares in the course of the quarter. Y.D. Extra Investments Ltd’s holdings in NIKE had been price $28,000 on the finish of the latest quarter.
Different institutional traders additionally lately added to or diminished their stakes within the firm. Annapolis Monetary Providers LLC grew its place in shares of NIKE by 440.0% in the course of the 1st quarter. Annapolis Monetary Providers LLC now owns 270 shares of the footwear maker’s inventory valued at $25,000 after buying an extra 220 shares in the course of the interval. True Wealth Design LLC grew its holdings in NIKE by 106.4% in the course of the fourth quarter. True Wealth Design LLC now owns 291 shares of the footwear maker’s inventory valued at $32,000 after buying an extra 150 shares in the course of the interval. Frank Rimerman Advisors LLC bought a brand new stake in NIKE within the fourth quarter price $33,000. Core Wealth Advisors Inc. raised its stake in shares of NIKE by 408.5% within the fourth quarter. Core Wealth Advisors Inc. now owns 300 shares of the footwear maker’s inventory valued at $33,000 after shopping for an extra 241 shares in the course of the interval. Lastly, Gold Funding Administration Ltd. bought a brand new place in shares of NIKE in the course of the 4th quarter valued at $36,000. Institutional traders personal 64.25% of the corporate’s inventory.
Wall Avenue Analysts Forecast Progress
A number of equities analysis analysts lately weighed in on the corporate. Raymond James reissued a “market carry out” score on shares of NIKE in a report on Friday, June twenty eighth. The Goldman Sachs Group lowered their worth goal on shares of NIKE from $118.00 to $105.00 and set a “purchase” score on the inventory in a analysis report on Friday, June twenty eighth. Evercore ISI minimize their worth goal on shares of NIKE from $110.00 to $105.00 and set an “outperform” score for the corporate in a report on Friday, June twenty eighth. Oppenheimer reissued an “outperform” score and set a $120.00 goal worth on shares of NIKE in a report on Friday, June twenty eighth. Lastly, Financial institution of America dropped their goal worth on NIKE from $113.00 to $104.00 and set a “purchase” score on the inventory in a analysis report on Friday, June twenty eighth. Fourteen analysis analysts have rated the inventory with a maintain score and fifteen have issued a purchase score to the corporate. Based on knowledge from MarketBeat.com, the corporate at present has a median score of “Average Purchase” and a consensus goal worth of $95.59.
View Our Newest Evaluation on NIKE
NIKE Buying and selling Up 0.8 %
NYSE NKE opened at $79.01 on Friday. The inventory’s 50-day easy transferring common is $77.23 and its two-hundred day easy transferring common is $87.88. NIKE, Inc. has a twelve month low of $70.75 and a twelve month excessive of $123.39. The corporate has a fast ratio of 1.69, a present ratio of two.40 and a debt-to-equity ratio of 0.55. The corporate has a market capitalization of $118.46 billion, a price-to-earnings ratio of 21.18, a PEG ratio of two.08 and a beta of 1.02.
NIKE (NYSE:NKE – Get Free Report) final launched its earnings outcomes on Thursday, June twenty seventh. The footwear maker reported $1.01 earnings per share for the quarter, topping analysts’ consensus estimates of $0.85 by $0.16. NIKE had a return on fairness of 42.63% and a web margin of 11.10%. The corporate had income of $12.60 billion in the course of the quarter, in comparison with the consensus estimate of $12.86 billion. Throughout the identical quarter within the earlier yr, the corporate posted $0.66 EPS. NIKE’s quarterly income was down 1.6% in comparison with the identical quarter final yr. Analysis analysts forecast that NIKE, Inc. will submit 3.06 EPS for the present fiscal yr.
NIKE Broadcasts Dividend
The agency additionally lately disclosed a quarterly dividend, which might be paid on Tuesday, October 1st. Stockholders of file on Tuesday, September third might be paid a $0.37 dividend. The ex-dividend date is Tuesday, September third. This represents a $1.48 dividend on an annualized foundation and a dividend yield of 1.87%. NIKE’s dividend payout ratio (DPR) is 39.68%.
Insider Exercise at NIKE
In different NIKE information, Chairman Mark G. Parker bought 52,487 shares of the corporate’s inventory in a transaction dated Wednesday, August 14th. The shares had been bought at a median worth of $78.00, for a complete transaction of $4,093,986.00. Following the completion of the sale, the chairman now immediately owns 1,031,226 shares within the firm, valued at $80,435,628. The transaction was disclosed in a doc filed with the SEC, which is accessible by this hyperlink. In different information, Chairman Mark G. Parker bought 52,487 shares of the inventory in a transaction that occurred on Wednesday, August 14th. The inventory was bought at a median worth of $78.00, for a complete transaction of $4,093,986.00. Following the completion of the sale, the chairman now owns 1,031,226 shares of the corporate’s inventory, valued at $80,435,628. The transaction was disclosed in a authorized submitting with the SEC, which is accessible by the SEC web site. Additionally, Director Robert Holmes Swan bought 2,941 shares of the corporate’s inventory in a transaction on Friday, June twenty eighth. The shares had been bought at a median value of $77.02 per share, with a complete worth of $226,515.82. Following the transaction, the director now immediately owns 20,946 shares within the firm, valued at $1,613,260.92. The disclosure for this buy could be discovered right here. 0.50% of the inventory is owned by insiders.
NIKE Profile
NIKE, Inc, along with its subsidiaries, designs, develops, markets, and sells athletic footwear, attire, tools, equipment, and companies worldwide. The corporate offers athletic and informal footwear, attire, and equipment below the Jumpman trademark; and informal sneakers, attire, and equipment below the Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell logos.
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