Vantage Investment Advisors LLC Has Upped Holding in Nike INC (NKE) by $5.22 Million

July 27, 2018 - By Mark Babin

NIKE, Inc. (NYSE:NKE) LogoInvestors sentiment decreased to 0.65 in 2018 Q1. Its down 0.09, from 0.74 in 2017Q4. It dived, as 64 investors sold NKE shares while 515 reduced holdings. 100 funds opened positions while 277 raised stakes. 997.42 million shares or 1.70% less from 1.01 billion shares in 2017Q4 were reported. Highland Management Ltd Llc invested in 0.1% or 18,830 shares. Hartford Inv Management invested 0.39% in NIKE, Inc. (NYSE:NKE). 1.17M were accumulated by Btim. Pictet Asset Limited owns 1.73 million shares. 103,673 were reported by Pioneer Bank & Trust N A Or. Germany-based Deutsche Natl Bank Ag has invested 0.25% in NIKE, Inc. (NYSE:NKE). Carret Asset Mgmt Limited reported 0.19% in NIKE, Inc. (NYSE:NKE). Cobblestone Capital Advsrs Lc New York has invested 0.08% in NIKE, Inc. (NYSE:NKE). Natixis Advisors LP has invested 0.11% in NIKE, Inc. (NYSE:NKE). Moreover, Montag Caldwell Ltd Llc has 0.03% invested in NIKE, Inc. (NYSE:NKE). 62,044 are held by Crossvault Cap Mngmt Limited Liability Corp. Rampart Investment Lc reported 163,718 shares. Norinchukin Fincl Bank The owns 1.08M shares. Trustco Bancshares Corporation N Y holds 26,104 shares or 1.76% of its portfolio. Vision Management holds 0.93% or 47,617 shares.

Since January 29, 2018, it had 0 insider purchases, and 13 selling transactions for $67.97 million activity. Campion Andrew also sold $8.24M worth of NIKE, Inc. (NYSE:NKE) shares. $1.28M worth of NIKE, Inc. (NYSE:NKE) was sold by Matheson Monique S.. $6.85M worth of stock was sold by EDWARDS TREVOR A on Wednesday, January 31. The insider Krane Hilary K sold $3.06 million. PARKER MARK G sold $9.86 million worth of stock or 135,000 shares.

Vantage Investment Advisors Llc increased its stake in Nike Inc. (NKE) by 1201.88% based on its latest 2018Q1 regulatory filing with the SEC. Vantage Investment Advisors Llc bought 79,096 shares as the company’s stock rose 3.73% while stock markets declined. The institutional investor held 85,677 shares of the consumer non-durables company at the end of 2018Q1, valued at $5.69 million, up from 6,581 at the end of the previous reported quarter. Vantage Investment Advisors Llc who had been investing in Nike Inc. for a number of months, seems to be bullish on the $125.96B market cap company. The stock increased 1.28% or $0.99 during the last trading session, reaching $78.15. About 6.71M shares traded or 5.53% up from the average. NIKE, Inc. (NYSE:NKE) has risen 38.01% since July 27, 2017 and is uptrending. It has outperformed by 25.44% the S&P500.

Vantage Investment Advisors Llc, which manages about $916.05 million and $393.90 million US Long portfolio, decreased its stake in Procter & Gamble Company (NYSE:PG) by 64,491 shares to 6,218 shares, valued at $493,000 in 2018Q1, according to the filing.

More notable recent NIKE, Inc. (NYSE:NKE) news were published by: Fool.com which released: “Better Buy: Nike Inc. vs. Under Armour” on July 25, 2018, also Seekingalpha.com with their article: “Scotts Miracle-Gro Deserves To Be Lower – Cramer’s Lightning Round (7/24/18)” published on July 25, 2018, Seekingalpha.com published: “We Have Never Been So Wrong” on July 01, 2018. More interesting news about NIKE, Inc. (NYSE:NKE) were released by: Seekingalpha.com and their article: “In Defense Of Skechers” published on July 25, 2018 as well as Seekingalpha.com‘s news article titled: “Nike sees World Cup boost” with publication date: July 20, 2018.

NIKE, Inc. (NYSE:NKE) Ratings Coverage

Among 21 analysts covering Nike (NYSE:NKE), 10 have Buy rating, 0 Sell and 11 Hold. Therefore 48% are positive. Nike has $90 highest and $62 lowest target. $79.37’s average target is 1.56% above currents $78.15 stock price. Nike had 36 analyst reports since January 31, 2018 according to SRatingsIntel. The company was maintained on Thursday, February 15 by Buckingham Research. The firm has “Buy” rating given on Friday, March 23 by Nomura. The stock has “Hold” rating by Cowen & Co on Wednesday, January 31. The stock of NIKE, Inc. (NYSE:NKE) earned “Buy” rating by HSBC on Friday, April 27. B. Riley & Co maintained the stock with “Neutral” rating in Friday, March 23 report. Credit Suisse initiated it with “Buy” rating and $7800 target in Thursday, March 22 report. On Friday, March 23 the stock rating was maintained by Canaccord Genuity with “Hold”. The stock has “Hold” rating by FBR Capital on Wednesday, June 27. The company was maintained on Friday, June 29 by Nomura. As per Thursday, March 22, the company rating was maintained by Piper Jaffray.

NIKE, Inc. (NYSE:NKE) Institutional Positions Chart

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