As Franklin Street Properties C (FSP) Stock Value Declined, Holder Fuller & Thaler Asset Management Has Upped Its Position; Nike (NKE) Holder Donaldson Capital Management Lowered Position by $3.59 Million

May 21, 2018 - By Vivian Park

Franklin Street Properties Corp. (NYSEAMERICAN:FSP) Logo

Donaldson Capital Management Llc decreased its stake in Nike (NKE) by 90.52% based on its latest 2017Q4 regulatory filing with the SEC. Donaldson Capital Management Llc sold 57,978 shares as the company’s stock rose 4.55% while stock markets declined. The institutional investor held 6,074 shares of the consumer non-durables company at the end of 2017Q4, valued at $380,000, down from 64,052 at the end of the previous reported quarter. Donaldson Capital Management Llc who had been investing in Nike for a number of months, seems to be less bullish one the $114.95 billion market cap company. The stock increased 0.54% or $0.38 during the last trading session, reaching $71.32. About 5.69 million shares traded. NIKE, Inc. (NYSE:NKE) has risen 18.31% since May 21, 2017 and is uptrending. It has outperformed by 6.76% the S&P500.

Fuller & Thaler Asset Management Inc increased its stake in Franklin Street Properties C (FSP) by 2.08% based on its latest 2017Q4 regulatory filing with the SEC. Fuller & Thaler Asset Management Inc bought 169,554 shares as the company’s stock declined 21.30% with the market. The institutional investor held 8.32 million shares of the real estate investment trusts company at the end of 2017Q4, valued at $89.38M, up from 8.15 million at the end of the previous reported quarter. Fuller & Thaler Asset Management Inc who had been investing in Franklin Street Properties C for a number of months, seems to be bullish on the $814.96M market cap company. The stock increased 2.15% or $0.16 during the last trading session, reaching $7.6. About 1.66M shares traded or 252.34% up from the average. Franklin Street Properties Corp. (NYSEMKT:FSP) has declined 29.51% since May 21, 2017 and is downtrending. It has underperformed by 41.06% the S&P500.

Among 44 analysts covering Nike Inc. (NYSE:NKE), 26 have Buy rating, 2 Sell and 16 Hold. Therefore 59% are positive. Nike Inc. had 235 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was maintained by Goldman Sachs on Wednesday, September 28 with “Buy”. The stock has “Buy” rating by Deutsche Bank on Tuesday, April 11. As per Friday, June 30, the company rating was maintained by Jefferies. Credit Suisse maintained it with “Outperform” rating and $63 target in Wednesday, June 29 report. The company was maintained on Tuesday, October 17 by Buckingham Research. The firm has “Buy” rating by Robert W. Baird given on Thursday, October 12. B.riley maintained NIKE, Inc. (NYSE:NKE) rating on Monday, September 26. B.riley has “Neutral” rating and $55 target. Nomura maintained NIKE, Inc. (NYSE:NKE) rating on Monday, July 17. Nomura has “Buy” rating and $62 target. The stock has “Buy” rating by Buckingham Research on Monday, December 18. The rating was downgraded by Goldman Sachs to “Neutral” on Thursday, October 19.

Since December 11, 2017, it had 0 insider purchases, and 8 sales for $45.81 million activity. 125,722 shares were sold by Slusher John F, worth $7.94M. The insider Matheson Monique S. sold $650,000. The insider EDWARDS TREVOR A sold 100,000 shares worth $6.85M. SPRUNK ERIC D sold 100,000 shares worth $6.77 million.

Investors sentiment decreased to 0.74 in 2017 Q4. Its down 0.06, from 0.8 in 2017Q3. It turned negative, 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. Violich Capital Mgmt reported 1.96% of its portfolio in NIKE, Inc. (NYSE:NKE). Randolph accumulated 312,175 shares. Exane Derivatives reported 0.31% of its portfolio in NIKE, Inc. (NYSE:NKE). Atwood & Palmer Inc has 112 shares. Argent accumulated 0.06% or 3,450 shares. Webster Bancshares N A reported 2,092 shares. Dearborn Prtn Limited Liability Corp owns 22,031 shares for 0.1% of their portfolio. Cape Cod Five Cents Bancorp accumulated 0.92% or 98,112 shares. Davis R M Incorporated accumulated 184,111 shares or 0.45% of the stock. Ckw Fincl Gp holds 2,400 shares. Lord Abbett And Limited Company accumulated 550,600 shares. Advisory Research holds 4,312 shares. New Mexico Educational Retirement Board invested in 0.3% or 126,248 shares. Wilbanks Smith Thomas Asset Mngmt Ltd holds 0.02% or 3,682 shares. Massachusetts-based Ballentine Ltd Liability Co has invested 0.08% in NIKE, Inc. (NYSE:NKE).

Analysts await NIKE, Inc. (NYSE:NKE) to report earnings on July, 5. They expect $0.64 EPS, up 6.67% or $0.04 from last year’s $0.6 per share. NKE’s profit will be $1.03B for 27.86 P/E if the $0.64 EPS becomes a reality. After $0.68 actual EPS reported by NIKE, Inc. for the previous quarter, Wall Street now forecasts -5.88% negative EPS growth.

More notable recent NIKE, Inc. (NYSE:NKE) news were published by: Fool.com which released: “Better Buy: Nike Inc. vs. Skechers USA Inc.” on May 17, 2018, also Bizjournals.com with their article: “Four more execs out at Nike, pushing total to 10 since misconduct investigation began” published on May 08, 2018, Bizjournals.com published: “Michael Jordan, Nike to steer jersey sale proceeds toward Portland nonprofit” on May 17, 2018. More interesting news about NIKE, Inc. (NYSE:NKE) were released by: Seekingalpha.com and their article: “Nike breaks to new all-time high” published on May 16, 2018 as well as Bizjournals.com‘s news article titled: “Nike CEO calls all-staff meeting to apologize for company culture” with publication date: May 04, 2018.

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

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