Hanesbrands Inc. (HBI) Stake Lowered by KBC Group NV

Mae Love
December 7, 2017

CA now owns 4,413,635 shares of the textile maker's stock worth $108,752,000 after purchasing an additional 2,207,066 shares during the last quarter. The Kingdon Capital Management Llc holds 392,567 shares with $59.27M value, down from 446,350 last quarter. Cf Inds Hldgs Inc now has $8.75 billion valuation. The stock increased 0.79% or $1.36 during the last trading session, reaching $172.83. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 22,930,586 shares of the stock are valued at $477.87 million. MakeMyTrip Limited (NASDAQ:MMYT) has risen 111.67% since December 4, 2016 and is uptrending. It has outperformed by 37.01% the S&P500.

Ftb Advisors Inc decreased Kroger Co (KR) stake by 86.94% reported in 2017Q2 SEC filing. It also upped Avadel Pharmaceuticals Plc stake by 194,000 shares and now owns 1.15 million shares. The Torray Llc holds 508,405 shares with $11.78M value, down from 558,012 last quarter. The firm owned $166.26 million shares of the company's stock after selling 5.22 million shares during the period. These shares are worth $250,588 and were traded at $24.27 each. (NYSE:HBI) traded down $0.14 during midday trading on Thursday, reaching $20.54. It has underperformed by 39.93% the S&P500. Its up 0.02, from 1.31 in 2017Q1. It is positive, as 33 investors sold HBI shares while 178 reduced holdings. 95 funds opened positions while 186 raised stakes. QS Investors LLC increased its holdings in shares of Hanesbrands by 2.8% in the second quarter. Cwm Limited Liability Com holds 0% or 200 shares.

Wealthtrust Axiom Llc decreased Exelon Corp (NYSE:EXC) stake by 8,853 shares to 84,391 valued at $3.04 million in 2017Q2. Deutsche Bank initiated Hanesbrands Inc. Stockholders of record on Tuesday, November 14th were given a dividend of $0.15 per share. Neuberger Berman Group Inc Limited Liability Corporation has invested 0% in Hanesbrands Inc. Bank of New York Mellon Corp boosted its holdings in Hanesbrands by 33.3% during the third quarter. Gilman Hill Asset owns 31,631 shares. Belgium-based Kbc Grp Nv has invested 0.11% in Hanesbrands Inc. Shares of HBI have sank -14.3% in the past three monthswhile the S&P 500 has dropped -21.08% in that time. Ameritas Inv Prns Incorporated holds 0.01% in Hanesbrands Inc. (NYSE:HBI) for 128,541 shares. About 1.21M shares traded. The Illinois-based Perritt Capital Management Inc has invested 0.1% in the stock. UBS maintained Hanesbrands Inc. HBI comes in with a P/S ratio of 1.21 that's greater than 1, potentially implying that it could be expensive relative to the overall sector (2981.34) and its peers (2.53). They expect $0.52 EPS, down 1.89% or $0.01 from last year's $0.53 per share. The low EPS estimate is $-0.12, while the high EPS estimate is $0.01. After $-0.55 actual EPS reported by MakeMyTrip Limited for the previous quarter, Wall Street now forecasts -34.55% EPS growth. Oppenheimer Holdings Inc. set a $32.00 price objective on shares of Hanesbrands and gave the stock a "buy" rating in a research note on Thursday, February 2nd. Therefore 61% are positive. During the last 52 weeks, the price has been as high as $25.73 and as low as $18.9. The stock now has a consensus rating of "Hold" and a consensus target price of $26.13. Barclays started coverage on Hanesbrands in a report on Tuesday, September 19th. The rating was maintained by Buckingham Research with "Buy" on Thursday, November 2. The stock has "Conviction Buy" rating by Goldman Sachs on Friday, December 4. Zacks Investment Research lowered Hanesbrands from a "buy" rating to a "hold" rating in a report on Friday, November 3rd. (NYSE:HBI) has "Buy" rating given on Monday, July 17 by Brean Capital. The firm has "Equal-Weight" rating by Morgan Stanley given on Monday, August 7. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.92%. Upchurch W Howard Jr sold 55,850 shares worth $1.28M.

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The software maker reported $0.11 earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.19) by $0.30. Also, EVP Henry Tayloe Stansbury sold 7,882 shares of the business's stock in a transaction dated Friday, November 24th.

Stifel Financial Corp grew its holdings in shares of Hanesbrands Inc. (NASDAQ:FB) to report earnings on February, 7. FB's profit will be $5.64 billion for 22.27 P/E if the $1.94 EPS becomes a reality.

What Does Wall Street Say about Company? . Vetr upgraded shares of Hanesbrands from a "buy" rating to a "strong-buy" rating and set a $25.61 price objective on the stock in a research note on Thursday, February 2nd. Facebook has $235.0 highest and $88 lowest target.

This particular stock's 5-day moving average is 20.29, its 20-day moving average is 19.65 and its 100-day moving average is 23.00. Hanson And Doremus Investment reported 43,504 shares stake. The company was maintained on Wednesday, September 27 by Cowen & Co. The stock of Facebook, Inc. The ex-dividend date of this dividend was Monday, November 13th.

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