Nike to launch pilot program with Amazon; results top estimates

01 July, 2017, 00:56 | Author: Valerie Burke
  • Nike to start selling sneakers through online giant Amazon

Lumina Fund Mgmt Ltd Com has 0.35% invested in Nike Inc (NYSE:NKE).

Commercial real estate investment trust Parkway rose 12.2 percent after the Canada Pension Plan Investment Board agreed to buy it for about $1.13 billion.

According to the Recommendation Trends of the stock polled by Finviz, the company has a consensus recommendation of 2.2 out of the scale from 1 to 5 where 1 stands for Buy and 5 means Sell. Shareholders of record on Monday, June 5th will be issued a dividend of $0.18 per share. Daiwa Sb Limited holds 20,650 shares or 0.28% of its portfolio. 4,500 were reported by Monroe Financial Bank Mi. Lansdowne Partners (Uk) Llp owns 17.05 million shares or 7.72% of their U.S. portfolio. Blackrock Fund Advisors reported 18.32 million shares. The stock of Nike Inc (NYSE:NKE) has "Hold" rating given on Friday, September 23 by Canaccord Genuity. Schwab Charles Inv Management accumulated 4.04M shares.

Citizens & Northern Corp, which manages about $132.32 million US Long portfolio, decreased its stake in Danaher Corp (NYSE:DHR) by 11,413 shares to 8,019 shares, valued at $624,000 in 2016Q4, according to the filing. It also reduced Becton Dickinson & Co (NYSE:BDX) stake by 19,499 shares and now owns 382,162 shares. Ishares Tr (IJS) was raised too.

Since January 3, 2017, it had 1 buying transaction, and 9 selling transactions for $48.27 million activity. 7,037 shares were sold by MURRAY JOSEPH MICHAEL, worth $423,979 on Thursday, February 16. 200,000 shares were sold by Ayre David J, worth $10.62 million.

Looking to the full fiscal year of 2018, Nike expects currency-neutral revenue growth in the mid- to high-single-digit range, with broad geographic growth led by continued strength overseas. There, "we've made great progress in the supply chain managing inventory this year and today it's clear we are well on the right path", Nike Brand President Trevor Edwards told analysts. Two investment analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and nineteen have given a buy rating to the company. Therefore 59% are positive.

Nike to launch pilot program with Amazon; results top estimates

Analysts on average have given a price target of $62.15 to NIKE, Inc. On Wednesday, September 28 the stock rating was maintained by Robert W. Baird with "Outperform". The firm earned "Sector Perform" rating on Wednesday, February 3 by RBC Capital Markets.

This stock (NKE) is ahead of its 52-week low with 8.88%.

Ratings analysis reveals 44% of NIKE's analysts are positive. He mentioned it during a call with investors Thursday, June 29 afternoon, CNN reports. The firm has "Neutral" rating by B.riley given on Monday, September 26.

NKE has been the subject of a number of research analyst reports. The brokerage presently has an "outperform" rating on the footwear maker's stock. The stock was sold at an average price of $56.00, for a total value of $5,600,000.00. The rating was maintained by Jefferies with "Buy" on Wednesday, March 23. Following the release, the stock was up 6.6% at $56.70 in early trading indications Friday. On Wednesday, February 15 the insider Simoncini Matthew sold $13.84M.

The counter witnessed a trading volume of 1.39 million shares versus an average volume of 1.68 million shares during last trading session. MALLETT CONRAD L JR sold $14,396 worth of stock or 99 shares. C's profit would be $3.49B giving it 12.93 P/E if the $1.26 EPS is correct. Gierl Augustine Investment Management has an ownership of 2,121 stocks of the footwear maker's shares valued at $118,000 after scooping up an extra 107 shares through out the previous quarter, Asset Planning Services purchased a fresh position in Nike during the Q1 worth at $118,000.

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