Nike (NKE) PT Set at $60.00 by Pivotal Research

Nike Inc Cl B now has $104.45 billion valuation. The stock has been active on the tape, now trading at $64.09, down from yesterday's close by -0.71%. About 14,364 shares traded. NIKE, Inc. (NYSE:NKE) has a 20-Day average volume of 9.82 Million. It has underperformed by 25.94% the S&P500.

Crossmark Global Holdings Inc. purchased a new position in Nike Inc (NYSE:NKE) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor held 163,500 shares of the industrial machinery and components company at the end of 2017Q3, valued at $24.36 million, up from 160,000 at the end of the previous reported quarter. Southeast Asset Advisors Inc who had been investing in Gartner Inc for a number of months, seems to be bullish on the $11.62 billion market cap company. The stock had a trading volume of 2,740,000 shares, compared to its average volume of 9,680,000.

The company now has an insider ownership of 1.7 Percent and Institutional ownership of 81.3 Percent. It has underperformed by 23.89% the S&P500.

Investors sentiment increased to 1.35 in 2017 Q3. The company has a current ratio of 2.46, a quick ratio of 1.67 and a debt-to-equity ratio of 0.30. It turned negative, as 44 investors sold MAR shares while 224 reduced holdings. 125 funds opened positions while 492 raised stakes. Smith Moore And owns 6,597 shares. Jarislowsky Fraser accumulated 219,268 shares. Carret Asset Mngmt Ltd Llc owns 17,918 shares or 0.15% of their USA portfolio. Gulf Comml Bank (Uk) reported 414,098 shares. (NYSE:NKE). Baldwin Investment Management Ltd Company has 0.63% invested in NIKE, Inc. Pekin Singer Strauss Asset Il reported 0.06% stake. Amalgamated Fincl Bank stated it has 0.07% in Gartner, Inc. Thomas Story & Son Ltd Com holds 2.21% or 79,010 shares in its portfolio. Capital International Sarl holds 80,700 shares or 0.35% of its portfolio.

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Tower Bridge Advisors increased Eaton Vance Natl Muns stake by 103 shares to 10,627 valued at $105.53M in 2017Q3. (NYSE:NKE). Apg Asset Nv reported 0.3% stake. First Quadrant LP Ca, California-based fund reported 158,600 shares. Red Hat had 111 analyst reports since August 25, 2015 according to SRatingsIntel. As per Tuesday, September 19, the company rating was maintained by Wells Fargo. Barrington has "Buy" rating and $185.0 target. Morgan Stanley maintained the shares of NKE in report on Wednesday, September 28 with "Equal-Weight" rating. Brean Capital has "Buy" rating and $62 target. The firm has "Buy" rating by Longbow given on Monday, October 5. The firm has "Buy" rating given on Tuesday, November 10 by Cantor Fitzgerald. BB&T Capital upgraded the shares of NKE in report on Monday, October 19 to "Buy" rating. The rating was maintained by Jefferies on Tuesday, August 15 with "Hold". The stock has a consensus rating of "Hold" and a consensus price target of $64.14. Vanguard Group Inc. grew its stake in shares of Nike by 2.5% in the 2nd quarter. It also reduced its holding in Dentsply Sirona Inc by 17,820 shares in the quarter, leaving it with 30,906 shares, and cut its stake in Factset Resh Sys Inc (NYSE:FDS). During the same period in the previous year, the company earned $0.50 EPS. analysts expect that Nike will post 2.25 EPS for the current year. Three equities research analysts have rated the stock with a sell rating, twenty have assigned a hold rating and twenty-two have given a buy rating to the stock. Therefore 52% are positive.

According to 37 stock analysts, NIKE, Inc., is being kept at an average Outperform, rating, with at least 3.07% of shares outstanding that are now legally short sold. Nike, Inc. has a 12 month low of $49.01 and a 12 month high of $65.44. The rating was maintained by Credit Suisse with "Outperform" on Wednesday, December 28. Nomura has "Buy" rating and $60 target. RBC Capital Markets maintained the stock with "Sector Perform" rating in Monday, April 3 report. Barclays Capital maintained Gartner, Inc. As per Friday, September 23, the company rating was initiated by CapitalOne. The stock has "Buy" rating by Goldman Sachs on Wednesday, December 2. As per Wednesday, June 1, the company rating was downgraded by Bank of America. Going deeper, NIKE, Inc.'s profit margin is 12.20%, indicating how much money the company earns per dollar of revenue earned. Investors of record on Monday, December 4th were paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 1.25%.

Several other hedge funds and other institutional investors have also modified their holdings of NKE. The footwear maker reported $0.46 earnings per share for the quarter, beating analysts' consensus estimates of $0.40 by $0.06. Moors Cabot holds 0.3% or 40,709 shares. Orrstown Services invested in 0.78% or 13,411 shares. Reynders Mcveigh Capital Ltd Liability Co invested in 197,978 shares or 1.34% of the stock. That suggests something of the likelihood of a short squeeze in shares of NKE. $855,206 worth of NIKE, Inc. (NYSE:NKE). Exane Derivatives holds 35,687 shares or 0.35% of its portfolio. Moreover, Kingfisher Cap has 0.58% invested in NIKE, Inc. (NYSE:NKE). Orca Mgmt Ltd Liability Corporation has invested 1.49% in NIKE, Inc. Smithbridge Asset Incorporated De stated it has 37,657 shares or 1.38% of all its holdings. The Ohio-based American Financial Group Inc has invested 0.55% in the stock. Following the transaction, the insider now owns 165,591 shares of the company's stock, valued at approximately $10,448,792.10. Private Advisor Grp Ltd Llc holds 74,970 shares. Td Asset Mngmt has 0.06% invested in Red Hat, Inc. The shares were sold at an average price of $63.10, for a total transaction of $14,263,124.00.

Since September 14, 2017, it had 0 insider buys, and 6 selling transactions for $23.60 million activity. Shares for $8.78 million were sold by PARKER MARK G. The insider Matheson Monique S. sold 10,000 shares worth $620,000.

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