Nike Inc (NKE) Shares Bought by Bank of Stockton
Posted by Deane Yates on Feb 1st, 2016 // No Comments
Nike logoBank of Stockton increased its position in Nike Inc (NYSE:NKE) by 102.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,765 shares of the footwear maker’s stock after buying an additional 6,980 shares during the period. Bank of Stockton’s holdings in Nike were worth $860,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Lenox Wealth Advisors increased its position in Nike by 13.7% in the fourth quarter. Lenox Wealth Advisors now owns 1,457 shares of the footwear maker’s stock worth $91,000 after buying an additional 175 shares during the period. Accredited Investors increased its position in Nike by 10.7% in the fourth quarter. Accredited Investors now owns 4,125 shares of the footwear maker’s stock worth $258,000 after buying an additional 399 shares during the period. Conestoga Capital Advisors increased its position in Nike by 2.5% in the fourth quarter. Conestoga Capital Advisors now owns 4,170 shares of the footwear maker’s stock worth $261,000 after buying an additional 100 shares during the period. Beese Fulmer Investment Management Inc. increased its position in Nike by 82.8% in the fourth quarter. Beese Fulmer Investment Management Inc. now owns 4,252 shares of the footwear maker’s stock worth $266,000 after buying an additional 1,926 shares during the period. Finally, Vista Capital Partners increased its position in Nike by 23.8% in the fourth quarter. Vista Capital Partners now owns 4,317 shares of the footwear maker’s stock worth $270,000 after buying an additional 829 shares during the period.
Shares of Nike Inc (NYSE:NKE) opened at 62.01 on Monday. Nike Inc has a 1-year low of $45.35 and a 1-year high of $68.19. The stock has a 50 day moving average of $61.83 and a 200-day moving average of $60.79. The company has a market capitalization of $105.61 billion and a price-to-earnings ratio of 30.12.
Nike (NYSE:NKE) last announced its quarterly earnings data on Tuesday, December 22nd. The footwear maker reported $0.90 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.86 by $0.04. During the same period in the previous year, the business posted $0.74 EPS. The company had revenue of $7.69 billion for the quarter. The company’s revenue for the quarter was up 4.1% compared to the same quarter last year. Analysts forecast that Nike Inc will post $2.15 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Monday, January 4th. Investors of record on Wednesday, December 9th were paid a dividend of $0.32 per share. The ex-dividend date was Monday, December 7th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.06%. This is a positive change from Nike’s previous quarterly dividend of $0.28.
A number of research analysts recently weighed in on the stock. Vetr downgraded shares of Nike from a “strong-buy” rating to a “buy” rating and set a $68.40 target price for the company. in a research report on Thursday. Robert W. Baird set a $70.00 price objective on shares of Nike and gave the company a “buy” rating in a research report on Friday, January 22nd. Goldman Sachs decreased their price objective on shares of Nike from $75.50 to $74.00 and set a “buy” rating for the company in a research report on Thursday, January 21st. Brean Capital set a $144.00 price objective on shares of Nike and gave the company a “buy” rating in a research report on Tuesday, January 5th. Finally, Deutsche Bank lifted their price objective on shares of Nike from $140.00 to $150.00 in a research report on Monday, January 4th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and twenty-nine have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $76.92.
In related news, Director Timothy D. Cook sold 16,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 29th. The stock was sold at an average price of $64.04, for a total transaction of $1,024,640.00. Following the completion of the transaction, the director now directly owns 12,682 shares in the company, valued at approximately $812,155.28. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP John F. Slusher sold 40,000 shares of the business’s stock in a transaction that occurred on Monday, January 25th. The shares were sold at an average price of $61.25, for a total value of $2,450,000.00. Following the transaction, the executive vice president now owns 163,104 shares of the company’s stock, valued at $9,990,120. The disclosure for this sale can be found here.
NIKE, Inc. is engaged in the design, development, marketing and selling of athletic footwear, apparel, equipment, accessories and services. The Company sells its products to retail accounts, through NIKE-owned retail stores and Internet Websites (NYSE:NKE), and through a mix of independent distributors and licensees throughout the world. The Company focuses its NIKE Brand product offerings in eight key categories: Running, Basketball, Football (Soccer), Men’s Training, Women’s Training, Action Sports, Sportswear (the Company’s sports-inspired lifestyle products) and Golf. The Company also markets products designed for kids, as well as for other athletic and recreational uses, such as cricket, lacrosse, tennis, volleyball, wrestling, walking and outdoor activities. The Company’s portfolio brands include the NIKE Brand, Jordan Brand, Hurley and Converse.
Posted by Deane Yates on Feb 1st, 2016 // No Comments
Nike logoBank of Stockton increased its position in Nike Inc (NYSE:NKE) by 102.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,765 shares of the footwear maker’s stock after buying an additional 6,980 shares during the period. Bank of Stockton’s holdings in Nike were worth $860,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Lenox Wealth Advisors increased its position in Nike by 13.7% in the fourth quarter. Lenox Wealth Advisors now owns 1,457 shares of the footwear maker’s stock worth $91,000 after buying an additional 175 shares during the period. Accredited Investors increased its position in Nike by 10.7% in the fourth quarter. Accredited Investors now owns 4,125 shares of the footwear maker’s stock worth $258,000 after buying an additional 399 shares during the period. Conestoga Capital Advisors increased its position in Nike by 2.5% in the fourth quarter. Conestoga Capital Advisors now owns 4,170 shares of the footwear maker’s stock worth $261,000 after buying an additional 100 shares during the period. Beese Fulmer Investment Management Inc. increased its position in Nike by 82.8% in the fourth quarter. Beese Fulmer Investment Management Inc. now owns 4,252 shares of the footwear maker’s stock worth $266,000 after buying an additional 1,926 shares during the period. Finally, Vista Capital Partners increased its position in Nike by 23.8% in the fourth quarter. Vista Capital Partners now owns 4,317 shares of the footwear maker’s stock worth $270,000 after buying an additional 829 shares during the period.
Shares of Nike Inc (NYSE:NKE) opened at 62.01 on Monday. Nike Inc has a 1-year low of $45.35 and a 1-year high of $68.19. The stock has a 50 day moving average of $61.83 and a 200-day moving average of $60.79. The company has a market capitalization of $105.61 billion and a price-to-earnings ratio of 30.12.
Nike (NYSE:NKE) last announced its quarterly earnings data on Tuesday, December 22nd. The footwear maker reported $0.90 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.86 by $0.04. During the same period in the previous year, the business posted $0.74 EPS. The company had revenue of $7.69 billion for the quarter. The company’s revenue for the quarter was up 4.1% compared to the same quarter last year. Analysts forecast that Nike Inc will post $2.15 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Monday, January 4th. Investors of record on Wednesday, December 9th were paid a dividend of $0.32 per share. The ex-dividend date was Monday, December 7th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.06%. This is a positive change from Nike’s previous quarterly dividend of $0.28.
A number of research analysts recently weighed in on the stock. Vetr downgraded shares of Nike from a “strong-buy” rating to a “buy” rating and set a $68.40 target price for the company. in a research report on Thursday. Robert W. Baird set a $70.00 price objective on shares of Nike and gave the company a “buy” rating in a research report on Friday, January 22nd. Goldman Sachs decreased their price objective on shares of Nike from $75.50 to $74.00 and set a “buy” rating for the company in a research report on Thursday, January 21st. Brean Capital set a $144.00 price objective on shares of Nike and gave the company a “buy” rating in a research report on Tuesday, January 5th. Finally, Deutsche Bank lifted their price objective on shares of Nike from $140.00 to $150.00 in a research report on Monday, January 4th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and twenty-nine have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $76.92.
In related news, Director Timothy D. Cook sold 16,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 29th. The stock was sold at an average price of $64.04, for a total transaction of $1,024,640.00. Following the completion of the transaction, the director now directly owns 12,682 shares in the company, valued at approximately $812,155.28. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP John F. Slusher sold 40,000 shares of the business’s stock in a transaction that occurred on Monday, January 25th. The shares were sold at an average price of $61.25, for a total value of $2,450,000.00. Following the transaction, the executive vice president now owns 163,104 shares of the company’s stock, valued at $9,990,120. The disclosure for this sale can be found here.
NIKE, Inc. is engaged in the design, development, marketing and selling of athletic footwear, apparel, equipment, accessories and services. The Company sells its products to retail accounts, through NIKE-owned retail stores and Internet Websites (NYSE:NKE), and through a mix of independent distributors and licensees throughout the world. The Company focuses its NIKE Brand product offerings in eight key categories: Running, Basketball, Football (Soccer), Men’s Training, Women’s Training, Action Sports, Sportswear (the Company’s sports-inspired lifestyle products) and Golf. The Company also markets products designed for kids, as well as for other athletic and recreational uses, such as cricket, lacrosse, tennis, volleyball, wrestling, walking and outdoor activities. The Company’s portfolio brands include the NIKE Brand, Jordan Brand, Hurley and Converse.
I'm in it to win it!
NASDAQ DIP and RIP
Here is the best word that describes what i do here.
Intuitive;
means having the ability to understand or know something without any direct evidence or reasoning process.
I was born with it, I'm truly blessed!
Alway's searching for winners'
NASDAQ DIP and RIP
Here is the best word that describes what i do here.
Intuitive;
means having the ability to understand or know something without any direct evidence or reasoning process.
I was born with it, I'm truly blessed!
Alway's searching for winners'
