Eagleclaw Capital Managment Upped Its Position in Nike (NKE) as Market Value Rose; Constellium Nv (CSTM) Shareholder North Run Capital LP Has Lowered Its Stake

June 22, 2018 - By Lawrence Diaz

NIKE, Inc. (NYSE:NKE) Logo

Eagleclaw Capital Managment Llc increased its stake in Nike Inc (NKE) by 17.22% based on its latest 2018Q1 regulatory filing with the SEC. Eagleclaw Capital Managment Llc bought 19,388 shares as the company’s stock rose 3.73% while stock markets declined. The institutional investor held 131,950 shares of the consumer non-durables company at the end of 2018Q1, valued at $8.77M, up from 112,562 at the end of the previous reported quarter. Eagleclaw Capital Managment Llc who had been investing in Nike Inc for a number of months, seems to be bullish on the $119.17 billion market cap company. The stock decreased 1.04% or $0.78 during the last trading session, reaching $73.94. About 5.54M shares traded. NIKE, Inc. (NYSE:NKE) has risen 38.01% since June 22, 2017 and is uptrending. It has outperformed by 25.44% the S&P500. Some Historical NKE News: 25/04/2018 – MEDIA-Nike’s Converse names Sophie Bambuck as its new chief marketing officer- AdAge; 04/04/2018 – Nike’s HR Chief Says Company Fails to Promote Enough Women, Minorities — Memo; 15/03/2018 – Nike Investigates Workplace Complaints, Says No. 2 Executive Resigns–Update; 17/04/2018 – More Senior Executives to Exit Nike; 08/05/2018 – Oregonian: Nike purge continues — five more managers out; 20/03/2018 – Puma sets 2022 targets to lift profits, sales; 29/05/2018 – Nike Inc. vs Jezign Licensing, LLC | FWD Entered | 05/29/2018; 22/03/2018 – NIKE 3Q ADJ. EPS 68C EXCLUDING TAX EFFECT, EST. 53C; 16/03/2018 – The Drum: Second Nike exec steps down amid workplace behavior investigation; 15/03/2018 – Nike Executive Resigns; C.E.O. Addresses Workplace BehaviorComplaints

Thomas Ellis decreased its stake in Constellium Nv (CSTM) by 19.62% based on its latest 2018Q1 regulatory filing with the SEC. North Run Capital Lp sold 255,000 shares as the company’s stock declined 3.20% with the market. The hedge fund run by Thomas Ellis held 1.05M shares of the metal fabrications company at the end of 2018Q1, valued at $11.34M, down from 1.30M at the end of the previous reported quarter. North Run Capital Lp who had been investing in Constellium Nv for a number of months, seems to be less bullish one the $1.49B market cap company. The stock decreased 7.14% or $0.85 during the last trading session, reaching $11.05. About 1.60M shares traded or 64.52% up from the average. Constellium N.V. (NYSE:CSTM) has risen 89.06% since June 22, 2017 and is uptrending. It has outperformed by 76.49% the S&P500. Some Historical CSTM News: 26/04/2018 – CONSTELLIUM 1Q LOSS/SHR EU0.18; 02/05/2018 – CSTM TO SUPPLY ALUMINIUM BODY SHEET FOR MERCEDES-BENZ CLS MODEL; 26/04/2018 – Constellium says extension of Rusal deadline good for aluminium sector; 26/04/2018 – CONSTELLIUM NV – CURRENTLY EXPECTS TO BE ABLE TO MEET ITS ALUMINIUM CONSUMPTION REQUIREMENTS; 17/05/2018 – Constellium Favored by 5 Hedge Funds, 13Fs Show; 25/05/2018 – Voting Results from Constellium’s 2018 Annual General Meeting; 15/05/2018 – Park West Asset Management Buys New 3% Position in Constellium; 26/04/2018 – CONSTELLIUM NV – CONTINUE TO EXPECT ADJ EBITDA GROWTH IN HIGH SINGLE DIGITS ANNUALLY THROUGH 2020, LEADING TO OVER EUR 500 MLN OF ADJ EBITDA IN 2020; 17/05/2018 – CONSTELLIUM PARIS: CONSTELLIUM TO EXPAND OPS IN DECIN, CZECH; 17/05/2018 – Constellium to expand operations in Decin, Czech Republic, to increase casting, recycling and extrusion capacity of aluminium p

More notable recent NIKE, Inc. (NYSE:NKE) news were published by: Bizjournals.com which released: “Nike SoHo gets a ‘super cool’ remake (Photos)” on June 21, 2018, also Fool.com with their article: “Better Buy: The Walt Disney Company vs. Nike” published on June 22, 2018, Streetinsider.com published: “UBS Assumes Nike (NKE) at Neutral” on June 21, 2018. More interesting news about NIKE, Inc. (NYSE:NKE) were released by: Seekingalpha.com and their article: “Can Amazon Save Nike?” published on June 21, 2018 as well as Seekingalpha.com‘s news article titled: “Is It Time To Sell Nike?” with publication date: June 15, 2018.

Since January 2, 2018, it had 0 buys, and 10 insider sales for $56.97 million activity. SPRUNK ERIC D had sold 50,000 shares worth $3.50M on Wednesday, May 16. The insider Matheson Monique S. sold $1.28 million. The insider Slusher John F sold $7.94 million. Shares for $6.85M were sold by EDWARDS TREVOR A on Wednesday, January 31.

Among 44 analysts covering Nike Inc. (NYSE:NKE), 25 have Buy rating, 2 Sell and 17 Hold. Therefore 57% are positive. Nike Inc. had 240 analyst reports since July 29, 2015 according to SRatingsIntel. The stock has “Mkt Perform” rating by FBR Capital on Wednesday, September 28. The stock of NIKE, Inc. (NYSE:NKE) has “Buy” rating given on Thursday, March 23 by M Partners. Jefferies maintained it with “Hold” rating and $48.0 target in Wednesday, September 27 report. As per Friday, September 25, the company rating was maintained by Credit Suisse. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, March 23 report. Deutsche Bank maintained it with “Buy” rating and $61.0 target in Thursday, October 26 report. The rating was maintained by Morgan Stanley with “Overweight” on Tuesday, August 29. The firm has “Outperform” rating by Telsey Advisory Group given on Wednesday, December 21. The stock of NIKE, Inc. (NYSE:NKE) has “Buy” rating given on Wednesday, June 29 by Citigroup. Canaccord Genuity maintained the shares of NKE in report on Tuesday, September 22 with “Hold” rating.

Investors sentiment decreased to 0.65 in Q1 2018. Its down 0.09, from 0.74 in 2017Q4. It turned negative, as 64 investors sold NKE shares while 515 reduced holdings. 100 funds opened positions while 277 raised stakes. 997.42 million shares or 1.70% less from 1.01 billion shares in 2017Q4 were reported. Lombard Odier Asset Mngmt (Europe) Ltd holds 0.06% in NIKE, Inc. (NYSE:NKE) or 13,257 shares. Ssi Investment Inc holds 0.02% or 3,779 shares in its portfolio. Global X Mngmt Communications Limited Liability Co owns 27,743 shares. Wealth Architects Ltd Limited Liability Company holds 0.08% in NIKE, Inc. (NYSE:NKE) or 3,570 shares. Sns Group Inc Ltd Liability invested in 3,325 shares or 0.06% of the stock. The Oklahoma-based Of Oklahoma has invested 0% in NIKE, Inc. (NYSE:NKE). Fulton Natl Bank Na holds 0.25% or 53,483 shares. Generation Invest Llp, United Kingdom-based fund reported 2.38M shares. Alexandria Capital Limited Liability Company holds 0.94% of its portfolio in NIKE, Inc. (NYSE:NKE) for 95,469 shares. Fulton Breakefield Broenniman Limited Liability Corp stated it has 0.71% of its portfolio in NIKE, Inc. (NYSE:NKE). Sun Life Incorporated holds 0% of its portfolio in NIKE, Inc. (NYSE:NKE) for 393 shares. 84,275 are held by Stone Ridge Asset Mgmt Limited Liability. 2.81 million are owned by Mitsubishi Ufj Tru Banking. Cullinan Assocs Incorporated holds 0.48% or 95,100 shares in its portfolio. Old Mutual Customised Solutions (Proprietary) Limited, South Africa-based fund reported 68,074 shares.

Among 13 analysts covering Constellium NV (NYSE:CSTM), 10 have Buy rating, 0 Sell and 3 Hold. Therefore 77% are positive. Constellium NV had 29 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of Constellium N.V. (NYSE:CSTM) has “Overweight” rating given on Wednesday, February 28 by Morgan Stanley. The stock of Constellium N.V. (NYSE:CSTM) has “Buy” rating given on Tuesday, February 6 by Cowen & Co. The rating was maintained by Citigroup with “Neutral” on Monday, October 5. As per Thursday, April 19, the company rating was maintained by Seaport Global. Societe Generale downgraded Constellium N.V. (NYSE:CSTM) on Friday, May 20 to “Hold” rating. Seaport Global maintained it with “Hold” rating and $15.0 target in Friday, February 23 report. Deutsche Bank maintained it with “Buy” rating and $12 target in Monday, October 5 report. The company was maintained on Friday, April 27 by BMO Capital Markets. On Friday, March 11 the stock rating was initiated by Credit Suisse with “Outperform”. JP Morgan maintained the stock with “Overweight” rating in Wednesday, March 16 report.

North Run Capital Lp, which manages about $1.78B and $180.73 million US Long portfolio, upped its stake in Brookdale Sr Living Inc (NYSE:BKD) by 3.04M shares to 3.75M shares, valued at $25.19M in 2018Q1, according to the filing.

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