Bank Of Stockton Has Cut Nike (NKE) Position by $311,100; Williams Jones & Associates Lifted Schein Henry Com (HSIC) Stake by $1.54 Million as Share Value Rose

February 24, 2018 - By Adrian Erickson

Bank Of Stockton decreased its stake in Nike Inc. (NKE) by 39.71% based on its latest 2017Q3 regulatory filing with the SEC. Bank Of Stockton sold 6,100 shares as the company’s stock declined 8.78% while stock markets rallied. The institutional investor held 9,260 shares of the consumer non-durables company at the end of 2017Q3, valued at $480,000, down from 15,360 at the end of the previous reported quarter. Bank Of Stockton who had been investing in Nike Inc. for a number of months, seems to be less bullish one the $110.89 billion market cap company. The stock increased 1.53% or $1.03 during the last trading session, reaching $68.16. About 4.43 million shares traded. NIKE, Inc. (NYSE:NKE) has declined 9.24% since February 24, 2017 and is downtrending. It has underperformed by 25.94% the S&P500.

Williams Jones & Associates Llc increased its stake in Schein Henry Inc Com (HSIC) by 97.69% based on its latest 2017Q3 regulatory filing with the SEC. Williams Jones & Associates Llc bought 19,019 shares as the company’s stock rose 5.77% with the market. The institutional investor held 38,488 shares of the health care company at the end of 2017Q3, valued at $3.16M, up from 19,469 at the end of the previous reported quarter. Williams Jones & Associates Llc who had been investing in Schein Henry Inc Com for a number of months, seems to be bullish on the $10.46B market cap company. The stock increased 0.12% or $0.08 during the last trading session, reaching $68.05. About 1.95M shares traded. Henry Schein, Inc. (NASDAQ:HSIC) has risen 4.05% since February 24, 2017 and is uptrending. It has underperformed by 12.65% the S&P500.

Investors sentiment decreased to 0.8 in 2017 Q3. Its down 0.20, from 1 in 2017Q2. It fall, as 87 investors sold NKE shares while 457 reduced holdings. 78 funds opened positions while 358 raised stakes. 985.62 million shares or 0.88% less from 994.42 million shares in 2017Q2 were reported. Eminence Capital LP stated it has 625,500 shares. Winslow Cap Management Limited Liability reported 4.24M shares stake. Cwm Ltd Liability Corp has 0% invested in NIKE, Inc. (NYSE:NKE) for 656 shares. Jpmorgan Chase Co holds 0.13% of its portfolio in NIKE, Inc. (NYSE:NKE) for 11.14M shares. The Massachusetts-based Adage Capital Partners Grp Incorporated Ltd Liability Co has invested 0.06% in NIKE, Inc. (NYSE:NKE). Condor Cap Management stated it has 23,586 shares or 0.25% of all its holdings. Exxonmobil Mngmt Tx holds 0.31% in NIKE, Inc. (NYSE:NKE) or 239,946 shares. Payden & Rygel reported 2,000 shares or 0.01% of all its holdings. Beacon Group Incorporated invested 0.06% in NIKE, Inc. (NYSE:NKE). First Mercantile, a Tennessee-based fund reported 46,788 shares. Oppenheimer Inc holds 61,037 shares or 0.08% of its portfolio. Shelton Mgmt has invested 0.13% in NIKE, Inc. (NYSE:NKE). Gotham Asset Mngmt Limited Liability Company owns 88,966 shares or 0.07% of their US portfolio. Confluence Wealth Management Llc reported 26,529 shares. Moreover, Miller Investment Management LP has 0.09% invested in NIKE, Inc. (NYSE:NKE) for 5,530 shares.

Since September 14, 2017, it had 0 insider buys, and 8 insider sales for $37.22 million activity. On Monday, January 29 the insider SPRUNK ERIC D sold $6.77 million. RODGERS JOHNATHAN A had sold 16,000 shares worth $855,206. Slusher John F also sold $4.75 million worth of NIKE, Inc. (NYSE:NKE) shares. Another trade for 10,000 shares valued at $620,000 was made by Matheson Monique S. on Monday, December 11. On Wednesday, January 31 EDWARDS TREVOR A sold $6.85 million worth of NIKE, Inc. (NYSE:NKE) or 100,000 shares.

Analysts await NIKE, Inc. (NYSE:NKE) to report earnings on March, 20. They expect $0.54 earnings per share, down 20.59% or $0.14 from last year’s $0.68 per share. NKE’s profit will be $878.55 million for 31.56 P/E if the $0.54 EPS becomes a reality. After $0.46 actual earnings per share reported by NIKE, Inc. for the previous quarter, Wall Street now forecasts 17.39% EPS growth.

Among 44 analysts covering Nike Inc. (NYSE:NKE), 25 have Buy rating, 2 Sell and 17 Hold. Therefore 57% are positive. Nike Inc. had 222 analyst reports since July 29, 2015 according to SRatingsIntel. The stock of NIKE, Inc. (NYSE:NKE) earned “Overweight” rating by Morgan Stanley on Thursday, July 20. Citigroup maintained NIKE, Inc. (NYSE:NKE) on Tuesday, December 19 with “Buy” rating. As per Friday, June 16, the company rating was downgraded by J.P. Morgan. The stock has “Hold” rating by Piper Jaffray on Friday, December 22. The rating was maintained by Oppenheimer on Thursday, March 23 with “Hold”. The firm earned “Outperform” rating on Thursday, March 23 by Credit Suisse. The stock of NIKE, Inc. (NYSE:NKE) has “Buy” rating given on Friday, September 30 by Guggenheim. As per Tuesday, September 22, the company rating was maintained by Telsey Advisory Group. Nomura maintained it with “Buy” rating and $60 target in Wednesday, September 28 report. Stifel Nicolaus maintained the shares of NKE in report on Thursday, December 14 with “Buy” rating.

Investors sentiment increased to 7.15 in 2017 Q3. Its up 5.99, from 1.16 in 2017Q2. It increased, as 47 investors sold HSIC shares while 15 reduced holdings. 66 funds opened positions while 377 raised stakes. 279.70 million shares or 306.41% more from 68.82 million shares in 2017Q2 were reported. North American accumulated 0.18% or 14,152 shares. State Of Wisconsin Invest Board accumulated 225,113 shares. Sumitomo Mitsui holds 0.05% or 459,300 shares in its portfolio. Bryn Mawr Trust Co has 0.37% invested in Henry Schein, Inc. (NASDAQ:HSIC) for 78,839 shares. 9.09M were reported by Price T Rowe Assocs Md. Bank Of America Corp De has 0.01% invested in Henry Schein, Inc. (NASDAQ:HSIC). Nordea Inv Mgmt Ab reported 24,933 shares. Advantus Management owns 16,107 shares. Keybank Association Oh stated it has 0.23% in Henry Schein, Inc. (NASDAQ:HSIC). Invest House Ltd Liability Corporation reported 46,650 shares stake. Carroll Finance Incorporated holds 0.08% or 9,064 shares in its portfolio. Alyeska Invest Gru Limited Partnership holds 369,870 shares. Twin Cap reported 29,380 shares or 0.13% of all its holdings. Laurion Capital Lp invested in 0% or 3,900 shares. Conning Inc reported 0.01% of its portfolio in Henry Schein, Inc. (NASDAQ:HSIC).

Since September 6, 2017, it had 0 insider buys, and 1 sale for $366,756 activity.

Williams Jones & Associates Llc, which manages about $4.95 billion and $4.07B US Long portfolio, decreased its stake in Galapagos Nv Spon Adr by 84,647 shares to 6,670 shares, valued at $679,000 in 2017Q3, according to the filing. It also reduced its holding in Mettler Toledo International C (NYSE:MTD) by 6,761 shares in the quarter, leaving it with 199,049 shares, and cut its stake in Wex Inc Com (NYSE:WEX).

Among 21 analysts covering Henry Schein Inc. (NASDAQ:HSIC), 11 have Buy rating, 1 Sell and 9 Hold. Therefore 52% are positive. Henry Schein Inc. had 46 analyst reports since July 31, 2015 according to SRatingsIntel. On Thursday, October 6 the stock rating was initiated by UBS with “Buy”. The firm has “Buy” rating by Gabelli given on Tuesday, January 10. The stock of Henry Schein, Inc. (NASDAQ:HSIC) earned “Hold” rating by Stifel Nicolaus on Tuesday, October 17. The firm earned “Hold” rating on Thursday, February 15 by J.P. Morgan. The stock has “Outperform” rating by RBC Capital Markets on Thursday, November 5. Jefferies maintained Henry Schein, Inc. (NASDAQ:HSIC) rating on Tuesday, August 22. Jefferies has “Hold” rating and $177.0 target. The firm has “Buy” rating given on Tuesday, November 7 by Craig Hallum. The stock of Henry Schein, Inc. (NASDAQ:HSIC) earned “Hold” rating by Jefferies on Friday, October 20. PiperJaffray upgraded Henry Schein, Inc. (NASDAQ:HSIC) on Friday, September 15 to “Overweight” rating. The stock has “Hold” rating by Evercore on Friday, July 31.

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