Adelante Capital Management Trimmed Kimco Realty Corp. (KIM) Stake as Market Valuation Declined; Hs Management Partners Has Lowered Its Nike (NKE) Position by $67.42 Million

February 18, 2018 - By Adrian Erickson

Hs Management Partners Llc decreased its stake in Nike Inc (NKE) by 26.92% based on its latest 2017Q3 regulatory filing with the SEC. Hs Management Partners Llc sold 1.32M shares as the company’s stock declined 8.78% while stock markets rallied. The institutional investor held 3.59 million shares of the consumer non-durables company at the end of 2017Q3, valued at $186.12M, down from 4.91M at the end of the previous reported quarter. Hs Management Partners Llc who had been investing in Nike Inc for a number of months, seems to be less bullish one the $111.12B market cap company. The stock increased 0.01% or $0.01 during the last trading session, reaching $68.3. About 6.84M shares traded. NIKE, Inc. (NYSE:NKE) has declined 9.24% since February 18, 2017 and is downtrending. It has underperformed by 25.94% the S&P500.

Adelante Capital Management Llc decreased its stake in Kimco Realty Corp. (KIM) by 13.02% based on its latest 2017Q3 regulatory filing with the SEC. Adelante Capital Management Llc sold 302,208 shares as the company’s stock declined 23.76% while stock markets rallied. The hedge fund held 2.02M shares of the real estate investment trusts company at the end of 2017Q3, valued at $39.46 million, down from 2.32 million at the end of the previous reported quarter. Adelante Capital Management Llc who had been investing in Kimco Realty Corp. for a number of months, seems to be less bullish one the $6.47 billion market cap company. The stock increased 3.61% or $0.53 during the last trading session, reaching $15.2. About 7.79M shares traded or 46.82% up from the average. Kimco Realty Corporation (NYSE:KIM) has declined 31.73% since February 18, 2017 and is downtrending. It has underperformed by 48.43% the S&P500.

Since September 14, 2017, it had 0 insider purchases, and 8 sales for $37.22 million activity. On Wednesday, January 31 the insider EDWARDS TREVOR A sold $6.85M. Matheson Monique S. sold 10,000 shares worth $620,000. On Monday, January 29 SPRUNK ERIC D sold $6.77M worth of NIKE, Inc. (NYSE:NKE) or 100,000 shares. $855,206 worth of NIKE, Inc. (NYSE:NKE) shares were sold by RODGERS JOHNATHAN A. $8.78 million worth of NIKE, Inc. (NYSE:NKE) shares were sold by PARKER MARK G.

Among 44 analysts covering Nike Inc. (NYSE:NKE), 25 have Buy rating, 2 Sell and 17 Hold. Therefore 57% are positive. Nike Inc. had 222 analyst reports since July 29, 2015 according to SRatingsIntel. On Tuesday, December 19 the stock rating was maintained by Canaccord Genuity with “Hold”. Canaccord Genuity maintained NIKE, Inc. (NYSE:NKE) on Wednesday, March 23 with “Hold” rating. As per Tuesday, November 28, the company rating was downgraded by HSBC. The company was maintained on Wednesday, December 28 by Credit Suisse. Telsey Advisory Group maintained NIKE, Inc. (NYSE:NKE) rating on Thursday, October 15. Telsey Advisory Group has “Outperform” rating and $137 target. The firm earned “Buy” rating on Thursday, March 23 by Jefferies. FBR Capital maintained NIKE, Inc. (NYSE:NKE) rating on Thursday, March 23. FBR Capital has “Market Perform” rating and $53 target. The rating was maintained by Credit Suisse with “Outperform” on Wednesday, March 23. The company was upgraded on Thursday, July 20 by Morgan Stanley. On Thursday, October 13 the stock rating was maintained by Canaccord Genuity with “Hold”.

Hs Management Partners Llc, which manages about $2.39B and $3.09B US Long portfolio, upped its stake in Tjx Cos Inc New (NYSE:TJX) by 98,700 shares to 2.70 million shares, valued at $199.35M in 2017Q3, according to the filing. It also increased its holding in Comcast Corp New (NASDAQ:CMCSA) by 160,200 shares in the quarter, for a total of 4.60 million shares, and has risen its stake in Disney Walt Co (NYSE:DIS).

Investors sentiment decreased to 0.8 in 2017 Q3. Its down 0.20, from 1 in 2017Q2. It dived, as 87 investors sold NKE shares while 457 reduced holdings. 78 funds opened positions while 358 raised stakes. 985.62 million shares or 0.88% less from 994.42 million shares in 2017Q2 were reported. Citizens Northern stated it has 48,247 shares or 1.91% of all its holdings. Canandaigua Bancorporation & accumulated 26,926 shares or 0.27% of the stock. 1.94M are held by Flossbach Von Storch Ag. Ar Asset Mgmt holds 1.7% of its portfolio in NIKE, Inc. (NYSE:NKE) for 82,850 shares. Peak6 Limited Partnership, a Illinois-based fund reported 740,835 shares. Forte Capital Limited Com Adv, a New York-based fund reported 55,167 shares. 68,692 were reported by Mitchell Cap Company. Bb&T Securities Llc reported 70,410 shares. Daiwa Sb Investments Ltd holds 0.2% or 12,260 shares in its portfolio. Sequoia Advsrs Limited Liability holds 1.05% of its portfolio in NIKE, Inc. (NYSE:NKE) for 170,668 shares. Logan Capital Management Inc accumulated 128,135 shares or 0.47% of the stock. Cibc World Markets Corp holds 457,214 shares. 41,843 were accumulated by Ls Investment Advsr Lc. Td Cap Management Lc holds 0% or 83 shares in its portfolio. Smith Moore & invested in 0.1% or 6,597 shares.

Among 20 analysts covering Kimco Realty (NYSE:KIM), 5 have Buy rating, 0 Sell and 15 Hold. Therefore 25% are positive. Kimco Realty had 49 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was maintained by Canaccord Genuity with “Buy” on Friday, April 28. The firm has “Hold” rating by Sandler O’Neill given on Friday, February 2. The rating was maintained by Citigroup with “Neutral” on Monday, August 14. The company was maintained on Monday, January 22 by SunTrust. Robert W. Baird downgraded the shares of KIM in report on Monday, November 27 to “Hold” rating. Robert W. Baird maintained Kimco Realty Corporation (NYSE:KIM) rating on Thursday, February 15. Robert W. Baird has “Hold” rating and $17.0 target. Stifel Nicolaus maintained the shares of KIM in report on Friday, December 1 with “Hold” rating. The stock of Kimco Realty Corporation (NYSE:KIM) has “Neutral” rating given on Monday, November 13 by Citigroup. The firm has “Overweight” rating given on Tuesday, December 15 by Barclays Capital. The firm earned “Neutral” rating on Friday, December 16 by JP Morgan.

Adelante Capital Management Llc, which manages about $1.78B and $1.81 billion US Long portfolio, upped its stake in Sunstone Hotel Investors In (NYSE:SHO) by 584,135 shares to 1.02M shares, valued at $16.40 million in 2017Q3, according to the filing. It also increased its holding in Alexandria Real Estate Equit (NYSE:ARE) by 17,355 shares in the quarter, for a total of 618,464 shares, and has risen its stake in Vornado Realty Trust (NYSE:VNO).

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Recent Posts