Nike (NKE) Stake Increased by Halsey Associates Inc; As Boise Cascade Shs (BCC) Market Valuation Declined, Jacobs Levy Equity Management Upped Its Holding by $1.11 Million

February 20, 2018 - By Winifred Garcia

Halsey Associates Inc increased its stake in Nike (NKE) by 11.2% based on its latest 2017Q3 regulatory filing with the SEC. Halsey Associates Inc bought 12,917 shares as the company’s stock declined 8.78% while stock markets rallied. The institutional investor held 128,209 shares of the consumer non-durables company at the end of 2017Q3, valued at $6.65M, up from 115,292 at the end of the previous reported quarter. Halsey Associates Inc who had been investing in Nike for a number of months, seems to be bullish on the $110.39 billion market cap company. The stock decreased 0.66% or $0.45 during the last trading session, reaching $67.85. About 2.58M shares traded. NIKE, Inc. (NYSE:NKE) has declined 9.24% since February 20, 2017 and is downtrending. It has underperformed by 25.94% the S&P500.

Jacobs Levy Equity Management Inc increased its stake in Boise Cascade Llc Shs (BCC) by 28.51% based on its latest 2017Q3 regulatory filing with the SEC. Jacobs Levy Equity Management Inc bought 32,540 shares as the company’s stock declined 0.37% while stock markets rallied. The institutional investor held 146,660 shares of the consumer services company at the end of 2017Q3, valued at $5.12 million, up from 114,120 at the end of the previous reported quarter. Jacobs Levy Equity Management Inc who had been investing in Boise Cascade Llc Shs for a number of months, seems to be bullish on the $1.68B market cap company. The stock decreased 0.51% or $0.225 during the last trading session, reaching $43.675. About 184,795 shares traded. Boise Cascade Company (NYSE:BCC) has risen 24.71% since February 20, 2017 and is uptrending. It has outperformed by 8.01% the S&P500.

Since September 12, 2017, it had 0 buys, and 1 sale for $557,309 activity.

Investors sentiment increased to 1.59 in 2017 Q3. Its up 0.40, from 1.19 in 2017Q2. It increased, as 11 investors sold BCC shares while 52 reduced holdings. 41 funds opened positions while 59 raised stakes. 35.14 million shares or 3.78% less from 36.52 million shares in 2017Q2 were reported. Stevens Cap Mngmt Lp accumulated 14,267 shares. Commonwealth Equity Svcs, Massachusetts-based fund reported 5,862 shares. Texas Permanent School Fund reported 28,133 shares. Laurion Limited Partnership invested in 38,300 shares or 0.01% of the stock. Riverhead Capital Mgmt Limited holds 3,635 shares or 0.01% of its portfolio. New York-based Mutual Of America Cap Ltd Liability Corporation has invested 0.08% in Boise Cascade Company (NYSE:BCC). Teachers And Annuity Association Of America reported 24,438 shares stake. 8,910 are held by Paloma Management. Menta Cap Limited Liability Company holds 89,032 shares. 20,580 are owned by Chicago Equity Lc. State Of Tennessee Treasury Department reported 34,714 shares. Product Prtn Limited Liability Co holds 0.18% or 157,100 shares. Sg Americas Ltd stated it has 0% in Boise Cascade Company (NYSE:BCC). Swiss Bank reported 64,300 shares or 0% of all its holdings. Deutsche Bancshares Ag accumulated 161,365 shares or 0% of the stock.

Among 6 analysts covering Boise Cascade (NYSE:BCC), 1 have Buy rating, 0 Sell and 5 Hold. Therefore 17% are positive. Boise Cascade had 18 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was downgraded by DA Davidson on Tuesday, October 3 to “Neutral”. BMO Capital Markets maintained Boise Cascade Company (NYSE:BCC) on Thursday, January 25 with “Hold” rating. The company was downgraded on Monday, October 2 by Bank of America. The stock of Boise Cascade Company (NYSE:BCC) earned “Buy” rating by Sidoti on Friday, September 15. Bank of America maintained Boise Cascade Company (NYSE:BCC) rating on Wednesday, January 24. Bank of America has “Neutral” rating and $46 target. Goldman Sachs initiated Boise Cascade Company (NYSE:BCC) rating on Thursday, September 22. Goldman Sachs has “Buy” rating and $34 target. The firm has “Hold” rating by BMO Capital Markets given on Thursday, September 7. The firm has “Hold” rating given on Friday, June 9 by BMO Capital Markets. The stock of Boise Cascade Company (NYSE:BCC) earned “Hold” rating by Vertical Research on Wednesday, October 4. The company was downgraded on Wednesday, October 26 by Goldman Sachs.

Jacobs Levy Equity Management Inc, which manages about $10.42 billion and $5.14B US Long portfolio, decreased its stake in Silicon Laboratories Inc (NASDAQ:SLAB) by 9,732 shares to 118,326 shares, valued at $9.45 million in 2017Q3, according to the filing. It also reduced its holding in Wiley John & Sons (NYSE:JW.A) by 93,615 shares in the quarter, leaving it with 95,308 shares, and cut its stake in Archrock Inc.

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. Goldman Sachs maintained the stock with “Buy” rating in Wednesday, March 23 report. The firm earned “Hold” rating on Thursday, December 7 by Cowen & Co. The stock has “Hold” rating by Piper Jaffray on Friday, April 7. Citigroup maintained NIKE, Inc. (NYSE:NKE) on Wednesday, September 28 with “Buy” rating. The firm has “Hold” rating by Piper Jaffray given on Friday, June 30. The firm has “Neutral” rating by Bank of America given on Wednesday, September 28. Canaccord Genuity maintained NIKE, Inc. (NYSE:NKE) rating on Wednesday, June 29. Canaccord Genuity has “Hold” rating and $56 target. The firm has “Outperform” rating by Credit Suisse given on Thursday, March 23. The rating was maintained by Macquarie Research with “Outperform” on Friday, September 25. The stock of NIKE, Inc. (NYSE:NKE) has “Outperform” rating given on Friday, January 19 by Wedbush.

Halsey Associates Inc, which manages about $849.92M and $507.35 million US Long portfolio, decreased its stake in Celgene (NASDAQ:CELG) by 3,721 shares to 147,411 shares, valued at $21.50M in 2017Q3, according to the filing. It also reduced its holding in Quintilesims (NYSE:Q) by 7,486 shares in the quarter, leaving it with 178,362 shares, and cut its stake in American Tower (NYSE:AMT).

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 FREE 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

>