As Nike (NKE) Stock Price Declined, Holder Grimes & Company Cut Its Holding by $4.66 Million; Rdl Financial Lifted Its Vodafone Group Plc New (VOD) Stake by $2.62 Million as Share Price Declined

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Rdl Financial Inc increased its stake in Vodafone Group Plc New (VOD) by 188.72% based on its latest 2018Q3 regulatory filing with the SEC. Rdl Financial Inc bought 63,906 shares as the company’s stock declined 6.97% with the market. The institutional investor held 97,769 shares of the telecommunications equipment company at the end of 2018Q3, valued at $4.01M, up from 33,863 at the end of the previous reported quarter. Rdl Financial Inc who had been investing in Vodafone Group Plc New for a number of months, seems to be bullish on the $48.59 billion market cap company. The stock increased 0.56% or $0.1 during the last trading session, reaching $18.07. About 2.13 million shares traded. Vodafone Group Plc (NASDAQ:VOD) has declined 35.12% since January 31, 2018 and is downtrending. It has underperformed by 35.12% the S&P500. Some Historical VOD News: 18/04/2018 – BRIEF-Bharti lnfratel, lndus Towers Merger In Final Stages- CNBC TV18 Citing; 02/04/2018 – Hindu Bus Line: ATC completes Vodafone India’s tower acquisition deal; 09/05/2018 – VODAFONE GROUP PLC VOD.L – VODAFONE INTENDS TO FINANCE ACQUISITION USING EXISTING CASH, NEW DEBT FACILITIES (INCLUDING HYBRID DEBT SECURITIES) AND AROUND EUR 3 BLN OF MANDATORY CONVERTIBLE BONDS; 26/04/2018 – VODAFONE GROUP PLC VOD.L – VODAFONE HAS BECOME A PREMIUM PARTNER OF ESL, WORLD’S LARGEST ESPORTS COMPANY, AND WILL SPONSOR ESL’S FLAGSHIP EVENT SERIES: INTEL® EXTREME MASTERS, ESL ONE AND ESL PRO…; 09/05/2018 – Vodafone Group to Fund Deal Using Existing Cash, New Debt, Convertible Bonds; 09/05/2018 – UPC Holding BV (“UPC Holding”), UPCB Finance IV Limited (“UPCB lV”) and UPCB Finance Vll Limited (“UPCB Vll”) announce agreement to sell certain assets to Vodafone Group plc (“Vodafone”); 12/04/2018 – VODAFONE AND SAP JOIN HANDS TO POWER THE ADOPTION OF INDUSTRIAL IOT; 12/04/2018 – UK’S OFCOM – COS LIKELY TO PURCHASE DARK FIBRE (TALKTALK, THREE, VODAFONE) SAID SERVICE AT HIGHER BANDWIDTHS WOULD BE SIGNIFICANTLY MORE USEFUL TO THEM; 25/04/2018 – VODAFONE GROUP PLC VOD.L – MERGER OF BHARTI INFRATEL AND INDUS TOWERS: CREATING A LISTED PAN-INDIA TOWER COMPANY; 26/04/2018 – VODAFONE GROUP PLC VOD.L – VODAFONE HAS BECOME A PREMIUM PARTNER OF ESL, WORLD’S LARGEST ESPORTS COMPANY, AND WILL SPONSOR ESL’S FLAGSHIP EVENT SERIES: INTEL® EXTREME MASTERS, ESL ONE AND ESL PRO

Grimes & Company Inc decreased its stake in Nike Inc. (NKE) by 80.4% based on its latest 2018Q3 regulatory filing with the SEC. Grimes & Company Inc sold 55,446 shares as the company’s stock declined 11.68% with the market. The institutional investor held 13,513 shares of the consumer non-durables company at the end of 2018Q3, valued at $1.15M, down from 68,959 at the end of the previous reported quarter. Grimes & Company Inc who had been investing in Nike Inc. for a number of months, seems to be less bullish one the $128.12 billion market cap company. The stock increased 0.16% or $0.13 during the last trading session, reaching $81.41. About 1.17M shares traded. NIKE, Inc. (NYSE:NKE) has risen 19.65% since January 31, 2018 and is uptrending. It has outperformed by 19.65% the S&P500. Some Historical NKE News: 24/04/2018 – Adweek: Nike Names Wieden + Kennedy as Lead Creative Agency on Converse After a Review; 16/03/2018 – New York Post: Nike loses another top exec amid probe into alleged inappropriate behavior; 22/03/2018 – NIKE: 4Q REVENUE TO BE UP HIGH-SINGLE DIGITS; 16/03/2018 – Two senior executives leave as Nike reviews workplace conduct; 03/05/2018 – Nike CEO Apologizes for Workplace Issues; 24/04/2018 – Businessweek: Nike’s Converse brand loses its chief marketing officer to Supreme; 16/03/2018 – NIKE CLASS B SHARES REVERSE COURSE AFTER WSJ REPORTS, CITING SOURCES, VP JAYME MARTIN EXITS CO; 19/03/2018 – Nike Female Employees’ Survey Triggered Formal Review at Company; 22/03/2018 – BRIEF-Bill Ackman Cashes Out Of Nike Investment With Roughly $100 mln Profit; 22/03/2018 – Nike 3Q Apparel Rev $2.56B

Grimes & Company Inc, which manages about $1.63B and $1.25 billion US Long portfolio, upped its stake in Western Digital Corp. (NASDAQ:WDC) by 34,423 shares to 97,492 shares, valued at $5.71M in 2018Q3, according to the filing. It also increased its holding in Ishares Dow Jones Us Basic Mat (IYM) by 23,458 shares in the quarter, for a total of 135,988 shares, and has risen its stake in Lear Corporation.

More notable recent NIKE, Inc. (NYSE:NKE) news were published by: Investorplace.com which released: “The 5 Best Dow Jones Stocks to Buy Now – Investorplace.com” on January 29, 2019, also Seekingalpha.com with their article: “Cowen expects Nike to run higher – Seeking Alpha” published on January 22, 2019, published: “Morgan Stanley: Adidas’ Pain Is Nike’s Gain (NYSE:NKE) (OTC:ADDYY) – Benzinga” on January 24, 2019. More interesting news about NIKE, Inc. (NYSE:NKE) were released by: Seekingalpha.com and their article: “A Closer Look At Nike – Seeking Alpha” published on January 03, 2019 as well as Seekingalpha.com‘s news article titled: “Nike signs 10-year deal with MLB – Seeking Alpha” with publication date: January 28, 2019.

Analysts await NIKE, Inc. (NYSE:NKE) to report earnings on March, 28. They expect $0.63 earnings per share, down 7.35% or $0.05 from last year’s $0.68 per share. NKE’s profit will be $991.49M for 32.31 P/E if the $0.63 EPS becomes a reality. After $0.52 actual earnings per share reported by NIKE, Inc. for the previous quarter, Wall Street now forecasts 21.15% EPS growth.

Since September 11, 2018, it had 0 insider purchases, and 7 insider sales for $53.78 million activity. The insider PARKER MARK G sold $11.70M. The insider Matheson Monique S. sold $1.41 million. Another trade for 200,000 shares valued at $14.81M was sold by Slusher John F.

Among 45 analysts covering Nike Inc. (NYSE:NKE), 30 have Buy rating, 2 Sell and 13 Hold. Therefore 67% are positive. Nike Inc. had 277 analyst reports since July 29, 2015 according to SRatingsIntel. On Wednesday, September 28 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. Cowen & Co upgraded the stock to “Outperform” rating in Tuesday, January 22 report. Wedbush maintained NIKE, Inc. (NYSE:NKE) on Monday, September 10 with “Outperform” rating. The rating was maintained by Cowen & Co on Thursday, January 11 with “Hold”. Wedbush maintained the stock with “Hold” rating in Thursday, December 14 report. The stock has “Outperform” rating by Robert W. Baird on Wednesday, June 29. Nomura maintained NIKE, Inc. (NYSE:NKE) on Friday, March 23 with “Buy” rating. The company was maintained on Thursday, March 23 by Wedbush. The firm has “Buy” rating by Nomura given on Wednesday, September 27. As per Wednesday, September 28, the company rating was maintained by JP Morgan.

Investors sentiment decreased to 0.82 in 2018 Q3. Its down 0.01, from 0.83 in 2018Q2. It dived, as 48 investors sold NKE shares while 496 reduced holdings. 126 funds opened positions while 322 raised stakes. 969.47 million shares or 1.35% less from 982.71 million shares in 2018Q2 were reported. Cheviot Value Limited Liability Corporation has 2,590 shares. Moreover, Pinnacle Limited Liability Corporation has 0% invested in NIKE, Inc. (NYSE:NKE) for 18,928 shares. Jfs Wealth Advisors Limited Com invested 0.01% of its portfolio in NIKE, Inc. (NYSE:NKE). Northstar Invest Advsr Lc has invested 0.33% in NIKE, Inc. (NYSE:NKE). Point72 Asset Limited Partnership stated it has 117,900 shares or 0.04% of all its holdings. Bnp Paribas Asset Holdings reported 277,867 shares. Contravisory Inv Mgmt Inc, Massachusetts-based fund reported 46,488 shares. Bailard holds 0.04% or 8,128 shares in its portfolio. Pub Employees Retirement Association Of Colorado owns 1.86M shares. M&R Capital Incorporated has 300 shares for 0.01% of their portfolio. C M Bidwell & Associates Limited has invested 0.02% in NIKE, Inc. (NYSE:NKE). Daiwa Sb Invests Limited holds 11,190 shares. Virginia Retirement Systems Et Al owns 45,200 shares. Utd Fire Gru reported 0.37% in NIKE, Inc. (NYSE:NKE). Renaissance Investment Gru Llc owns 3,170 shares.

Rdl Financial Inc, which manages about $261.73M and $153.08M US Long portfolio, decreased its stake in Ishares Inc (EWG) by 27,319 shares to 65,882 shares, valued at $1.96M in 2018Q3, according to the filing. It also reduced its holding in Ishares Inc (EWC) by 16,616 shares in the quarter, leaving it with 41,296 shares, and cut its stake in Ishares Tr (IEF).

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