Nike (NKE) Stock Value Rose While Pittenger & Anderson Decreased Its Holding by $1.19 Million; As Genworth Finl (GNW) Valuation Declined, Taconic Capital Advisors LP Increased Position by $2.70 Million

April 23, 2018 - By Nellie Frank

NIKE, Inc. (NYSE:NKE) Logo

Pittenger & Anderson Inc decreased its stake in Nike Inc (NKE) by 16.15% based on its latest 2017Q4 regulatory filing with the SEC. Pittenger & Anderson Inc sold 19,266 shares as the company’s stock rose 4.55% while stock markets declined. The institutional investor held 100,025 shares of the consumer non-durables company at the end of 2017Q4, valued at $6.26 million, down from 119,291 at the end of the previous reported quarter. Pittenger & Anderson Inc who had been investing in Nike Inc for a number of months, seems to be less bullish one the $106.52B market cap company. The stock increased 0.55% or $0.36 during the last trading session, reaching $66.09. About 10.40 million shares traded or 28.43% up from the average. NIKE, Inc. (NYSE:NKE) has risen 18.31% since April 23, 2017 and is uptrending. It has outperformed by 6.76% the S&P500.

Frank Brosens increased its stake in Genworth Finl Inc (GNW) by 90% based on its latest 2017Q4 regulatory filing with the SEC. Taconic Capital Advisors Lp bought 900,000 shares as the company’s stock declined 12.19% with the market. The hedge fund run by Frank Brosens held 1.90M shares of the life insurance company at the end of 2017Q4, valued at $5.91M, up from 1.00 million at the end of the previous reported quarter. Taconic Capital Advisors Lp who had been investing in Genworth Finl Inc for a number of months, seems to be bullish on the $1.36 billion market cap company. The stock decreased 0.37% or $0.01 during the last trading session, reaching $2.71. About 1.29 million shares traded. Genworth Financial, Inc. (NYSE:GNW) has declined 29.75% since April 23, 2017 and is downtrending. It has underperformed by 41.30% the S&P500.

Taconic Capital Advisors Lp, which manages about $11.01B and $446.18M US Long portfolio, decreased its stake in Altaba Inc by 114,000 shares to 145,000 shares, valued at $10.13M in 2017Q4, according to the filing. It also reduced its holding in Stars Group Inc by 167,200 shares in the quarter, leaving it with 452,800 shares, and cut its stake in Quorum Health Corp.

Investors sentiment decreased to 0.95 in 2017 Q4. Its down 0.33, from 1.28 in 2017Q3. It turned negative, as 33 investors sold GNW shares while 75 reduced holdings. 30 funds opened positions while 73 raised stakes. 306.90 million shares or 2.61% less from 315.12 million shares in 2017Q3 were reported. 368,962 are held by Qs Invsts Llc. Gotham Asset Mgmt Lc holds 0% in Genworth Financial, Inc. (NYSE:GNW) or 77,892 shares. Oppenheimer And Company reported 58,926 shares. Federated Pa has 320,050 shares. Great Lakes Ltd Liability reported 56,700 shares stake. National Bank & Trust Of New York Mellon Corp reported 7.03 million shares. Boston Ltd Liability Corp holds 11,000 shares or 0% of its portfolio. Lsv Asset Management has 2.99 million shares. Litespeed Mngmt Ltd Limited Liability Company invested in 2.60M shares. Geode Cap Limited Co invested in 0% or 4.12 million shares. Blackrock has 0.01% invested in Genworth Financial, Inc. (NYSE:GNW) for 54.18M shares. Fuller Thaler Asset Mngmt has invested 0% in Genworth Financial, Inc. (NYSE:GNW). Sei Investments stated it has 2,017 shares. Ancora Ltd Co reported 206,580 shares or 0.03% of all its holdings. Levin Strategies LP has invested 0.01% in Genworth Financial, Inc. (NYSE:GNW).

Among 8 analysts covering Genworth Financial (NYSE:GNW), 1 have Buy rating, 1 Sell and 6 Hold. Therefore 13% are positive. Genworth Financial had 24 analyst reports since August 5, 2015 according to SRatingsIntel. On Tuesday, August 1 the stock rating was maintained by Wells Fargo with “Hold”. Compass Point maintained Genworth Financial, Inc. (NYSE:GNW) rating on Monday, February 8. Compass Point has “Buy” rating and $5.50 target. Keefe Bruyette & Woods maintained Genworth Financial, Inc. (NYSE:GNW) rating on Friday, November 3. Keefe Bruyette & Woods has “Hold” rating and $4.0 target. The stock has “Neutral” rating by Macquarie Research on Wednesday, August 5. The stock of Genworth Financial, Inc. (NYSE:GNW) has “Neutral” rating given on Thursday, September 17 by Macquarie Research. The firm earned “Hold” rating on Monday, February 26 by Keefe Bruyette & Woods. Wood maintained the stock with “” rating in Wednesday, September 2 report. Raymond James downgraded Genworth Financial, Inc. (NYSE:GNW) on Thursday, August 6 to “Outperform” rating. UBS maintained Genworth Financial, Inc. (NYSE:GNW) rating on Tuesday, September 8. UBS has “Neutral” rating and $5.25 target. Keefe Bruyette & Woods maintained Genworth Financial, Inc. (NYSE:GNW) on Wednesday, April 11 with “Hold” rating.

Among 44 analysts covering Nike Inc. (NYSE:NKE), 25 have Buy rating, 2 Sell and 17 Hold. Therefore 57% are positive. Nike Inc. had 233 analyst reports since July 29, 2015 according to SRatingsIntel. Deutsche Bank maintained it with “Buy” rating and $125.0 target in Wednesday, September 16 report. Robert W. Baird maintained NIKE, Inc. (NYSE:NKE) on Thursday, December 21 with “Buy” rating. The firm earned “Hold” rating on Monday, August 21 by Jefferies. The company was maintained on Wednesday, September 28 by JP Morgan. Jefferies maintained NIKE, Inc. (NYSE:NKE) rating on Wednesday, March 23. Jefferies has “Buy” rating and $74 target. As per Friday, March 23, the company rating was maintained by Canaccord Genuity. The stock of NIKE, Inc. (NYSE:NKE) earned “Market Perform” rating by Wells Fargo on Tuesday, May 10. The rating was maintained by Citigroup on Tuesday, December 19 with “Buy”. The rating was maintained by Piper Jaffray on Thursday, March 22 with “Hold”. On Monday, September 26 the stock rating was maintained by B.riley with “Neutral”.

Investors sentiment decreased to 0.74 in 2017 Q4. Its down 0.06, from 0.8 in 2017Q3. It dived, 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. Obermeyer Wood Inv Counsel Lllp holds 502,900 shares or 2.73% of its portfolio. Citadel Advisors Ltd Liability Corp has invested 0% of its portfolio in NIKE, Inc. (NYSE:NKE). Barr E S And holds 280,456 shares or 1.78% of its portfolio. North Star Asset Mgmt Incorporated holds 0.42% of its portfolio in NIKE, Inc. (NYSE:NKE) for 74,482 shares. Sequoia Advsrs Ltd Company holds 1.12% or 169,997 shares. Argent Tru has 0.06% invested in NIKE, Inc. (NYSE:NKE). Webster National Bank & Trust N A holds 2,092 shares. Kentucky Retirement Sys Insur Fund invested in 34,894 shares. Usca Ria Limited Liability Corp holds 0.05% or 7,954 shares in its portfolio. Commonwealth National Bank Of Aus holds 0.06% or 103,014 shares in its portfolio. Pennsylvania-based Commonwealth Of Pennsylvania Pub School Empls Retrmt has invested 0.1% in NIKE, Inc. (NYSE:NKE). Merriman Wealth stated it has 18,833 shares or 0.29% of all its holdings. California Pub Employees Retirement has invested 0.28% in NIKE, Inc. (NYSE:NKE). Middleton Ma holds 0.35% or 32,940 shares. Creative Planning reported 0.02% stake.

Since December 11, 2017, it had 0 insider buys, and 8 selling transactions for $45.81 million activity. 10,000 shares were sold by Matheson Monique S., worth $620,000 on Monday, December 11. 135,000 NIKE, Inc. (NYSE:NKE) shares with value of $8.78M were sold by PARKER MARK G. On Monday, January 29 the insider SPRUNK ERIC D sold $6.77 million. The insider EDWARDS TREVOR A sold $6.85 million.

Genworth Financial, Inc. (NYSE:GNW) Institutional Positions Chart

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