EPS for Nike Inc (NKE) Expected At $0.49

Seaward Management Limited Partnership increased its stake in Nike by 0.4% in the first quarter. After $0.68 actual earnings per share reported by Nike Inc for the previous quarter, Wall Street now forecasts -27.94% negative EPS growth. Nike Inc now has $81.87 billion valuation. Following the transaction, the director now owns 28,660 shares of the company's stock, valued at approximately $1,613,558. About 6.83M shares traded. The legal version of this piece of content can be viewed at https://www.chaffeybreeze.com/2017/06/18/nike-inc-nke-to-go-ex-dividend-on-june-1st-updated-updated.html. It has underperformed by 25.94% the S&P500. SPRUNK ERIC D sold $2.78M worth of stock or 50,000 shares. Shares for $56,301 were bought by LECHLEITER JOHN C on Friday, March 24. Ayre David J sold $10.48M worth of stock or 200,000 shares. $7.09M worth of Nike Inc (NYSE:NKE) was sold by Slusher John F. Analysts expect Nike to earn $2.52 per share next year, which means the company should continue to be able to cover its $0.72 annual dividend with an expected future payout ratio of 28.6%. Three research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and twenty-one have given a buy rating to the stock. Therefore 62% are positive. Nike Inc. had 137 analyst reports since July 29, 2015 according to SRatingsIntel. The firm has "Buy" rating by Citigroup given on Wednesday, June 29.

More notable recent Nike Inc (NYSE:NKE) news were published by: Investorplace.com which released: "Why Nike Inc (NKE) Stock Is the Real Winner of the NBA Finals" on June 14, 2017, also Fool.com with their article: "How Nike Inc". Nike now has an average rating of "Hold" and an average price target of $60.74. The rating was initiated by Atlantic Securities on Thursday, January 19 with "Overweight". Vetr downgraded Nike from a "buy" rating to a "hold" rating and set a $54.16 price objective for the company.in a research note on Monday, June 5th. As per Wednesday, September 28, the company rating was maintained by Wells Fargo. Hs Mgmt Prns Limited Liability Company invested 5.98% in Nike Inc (NYSE:NKE). On Thursday, October 8 the stock rating was upgraded by DA Davidson to "Buy". The firm has "Outperform" rating given on Wednesday, June 29 by Robert W. Baird. On Friday, September 25 the stock rating was maintained by Macquarie Research with "Outperform". The firm has "Mkt Perform" rating by FBR Capital given on Wednesday, September 28.

Nike (NYSE:NKE) last issued its quarterly earnings data on Tuesday, March 21st. During the same period in the prior year, the business earned $0.55 EPS. NKE's profit would be $783.14 million giving it 26.07 P/E if the $0.49 EPS is correct.

Scotia Capital Inc increased General Electric Co (NYSE:GE) stake by 2.81 million shares to 2.85M valued at $90.04 million in 2016Q4. It also reduced its holding in Ebay Inc (NASDAQ:EBAY) by 408,246 shares in the quarter, leaving it with 3.06 million shares, and cut its stake in Mondelez Intl Inc (NASDAQ:MDLZ). Digital Rlty Tr Inc (NYSE:DLR) was raised too. Wedbush also issued estimates for Nike's Q2 2018 earnings at $0.53 EPS, Q3 2018 earnings at $0.63 EPS, Q4 2018 earnings at $0.57 EPS and FY2019 earnings at $2.65 EPS. Its up 0.04, from 0.94 in 2016Q3. It is positive, as 84 investors sold Nike Inc shares while 443 reduced holdings.

Euro zone agrees bailout payment to Greece
German Finance Minister Wolfgang Schäuble said he was confident that Greece will win much-needed funds at bailout talks on Thursday.

Hedge funds have recently made changes to their positions in the company. The footwear maker reported $0.68 EPS for the quarter, beating analysts' consensus estimates of $0.53 by $0.15. First Heartland Consultants Inc. increased its stake in shares of Nike by 0.4% in the first quarter. Sowell Financial Services LLC now owns 5,977 shares of the footwear maker's stock worth $311,000 after buying an additional 788 shares in the last quarter. Financial Advisory Group Inc has invested 0.13% in Nike Inc (NYSE:NKE). Shelton stated it has 34,818 shares. Creative Planning holds 87,472 shares.

Sg Americas Ltd Limited Liability Company owns 1.07M shares for 0.46% of their portfolio. Teacher Retirement Sys Of Texas owns 14,211 shares for 0.01% of their portfolio.

The stock decreased 0.28% or $0.04 on June 16, reaching $14.36. Bragg Financial Advsrs owns 4,593 shares or 0.04% of their United States portfolio. Northstar Investment Ltd reported 27,718 shares stake. 20,318 were accumulated by Sii Invests Wi. Benjamin F Edwards And reported 0.05% in Nike Inc (NYSE:NKE). Stock investors acquired 1,327 put options on the stock. Its up 0.01, from 1.01 in 2016Q3.

Several large investors have recently bought and sold shares of the company. 76 funds opened positions while 197 raised stakes.

Trump decries 'witch hunt' even as lawyer insists no probe
Adam Schiff says he wants the White House to acknowledge the tapes or make clear there are no tapes and "it was an idle threat". A lawyer for President Donald Trump said he is not under investigation , even though the president himself said he was.

About 1.77M shares traded. 25,209 are held by Fdx. Ironsides Asset Advsr Ltd Com reported 0.06% in Nike Inc (NYSE:NKE). Rathbone Brothers Public Limited Liability Company holds 529,735 shares. California-based Capital has invested 0.16% in Nike Inc (NYSE:NKE). Price T Rowe Associate Md holds 187,125 shares. Trilogy Glob Advsrs LP has 193,593 shares for 0.33% of their portfolio. Sei Invs Company, Pennsylvania-based fund reported 688,452 shares. Montag Caldwell Lc holds 0.02% or 17,000 shares in its portfolio. 10,979 were reported by New Mexico Educational Retirement Board. The firm owned 21,120 shares of the footwear maker's stock after buying an additional 15,955 shares during the period. Bailard invested in 4,160 shares. The insider ANDERSON KERRII B sold 1,992 shares worth $278,880. About shares traded. Quintiles IMS Holdings Inc (NYSE:Q) has risen 27.93% since June 19, 2016 and is uptrending. The rating was maintained by Liberum Capital on Monday, March 7 with "Buy". Therefore 67% are positive.

Analysts await Cadence Design Systems Inc (NASDAQ:CDNS) to report earnings on July, 24. The rating was maintained by UBS with "Buy" on Wednesday, June 29. The firm has "Neutral" rating by Credit Suisse given on Wednesday, October 19. Liberum Capital maintained the stock with "Buy" rating in Monday, April 11 report. Sterne Agee CRT maintained Nike Inc (NYSE:NKE) on Thursday, September 17 with "Neutral" rating. The rating was maintained by Telsey Advisory Group on Thursday, October 15 with "Outperform".

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One Dead And Ten Injured In London Following Suspected Terror Attack
Eight others were taken to hospital and two were treated at the scene, Basu said, adding that all of the victims were Muslim. London Van Attack has been termed as the potential terror attack by the Prime Minister of England, Theresa May .

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