Trust Co Of Oklahoma Lowered Its Nike Cl B (NKE) Stake by $339.14 Million; New York Reit (NYRT) Holder Yakira Capital Management Lifted Its Holding

April 20, 2018 - By Dolores Ford

NIKE, Inc. (NYSE:NKE) Logo

Trust Co Of Oklahoma decreased its stake in Nike Inc Cl B (NKE) by 11.88% based on its latest 2017Q4 regulatory filing with the SEC. Trust Co Of Oklahoma sold 5,422 shares as the company’s stock rose 4.55% while stock markets declined. The institutional investor held 40,222 shares of the consumer non-durables company at the end of 2017Q4, valued at $2.52B, down from 45,644 at the end of the previous reported quarter. Trust Co Of Oklahoma who had been investing in Nike Inc Cl B for a number of months, seems to be less bullish one the $106.18 billion market cap company. The stock increased 0.22% or $0.14 during the last trading session, reaching $65.88. About 7.10 million shares traded. NIKE, Inc. (NYSE:NKE) has risen 18.31% since April 20, 2017 and is uptrending. It has outperformed by 6.76% the S&P500.

Yakira Capital Management Inc increased its stake in New York Reit Inc (NYRT) by 116.75% based on its latest 2017Q4 regulatory filing with the SEC. Yakira Capital Management Inc bought 802,052 shares as the company’s stock rose 5.30% while stock markets declined. The hedge fund held 1.49 million shares of the consumer services company at the end of 2017Q4, valued at $5.85M, up from 686,976 at the end of the previous reported quarter. Yakira Capital Management Inc who had been investing in New York Reit Inc for a number of months, seems to be bullish on the $368.77 million market cap company. The stock increased 0.83% or $0.18 during the last trading session, reaching $21.96. About 24,882 shares traded. New York REIT, Inc. (NYSE:NYRT) has declined 23.37% since April 20, 2017 and is downtrending. It has underperformed by 34.92% the S&P500.

Among 5 analysts covering New York REIT (NYSE:NYRT), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. New York REIT had 10 analyst reports since October 9, 2015 according to SRatingsIntel. The stock of New York REIT, Inc. (NYSE:NYRT) has “Hold” rating given on Friday, November 3 by SunTrust. JMP Securities upgraded New York REIT, Inc. (NYSE:NYRT) rating on Friday, October 9. JMP Securities has “Mkt Outperform” rating and $12.50 target. The rating was maintained by SunTrust with “Hold” on Friday, December 1. Evercore upgraded the shares of NYRT in report on Monday, November 16 to “Buy” rating. The stock of New York REIT, Inc. (NYSE:NYRT) earned “Buy” rating by Compass Point on Friday, October 30. SunTrust maintained the stock with “Hold” rating in Sunday, March 18 report. The firm has “Buy” rating by Compass Point given on Thursday, June 30. The rating was maintained by SunTrust with “Hold” on Wednesday, January 31.

Yakira Capital Management Inc, which manages about $188.00 million and $309.26 million US Long portfolio, decreased its stake in Time Warner Inc (NYSE:TWX) by 15,000 shares to 291,146 shares, valued at $26.63M in 2017Q4, according to the filing. It also reduced its holding in Viacom Inc New (NASDAQ:VIAB) by 96,163 shares in the quarter, leaving it with 17,807 shares, and cut its stake in Coty Inc (NYSE:COTY).

Investors sentiment decreased to 0.74 in Q4 2017. Its down 0.06, from 0.8 in 2017Q3. It fall, as 70 investors sold NKE shares while 501 reduced holdings. 109 funds opened positions while 312 raised stakes. 1.01 billion shares or 2.95% more from 985.62 million shares in 2017Q3 were reported. Mirae Asset Glob Invs Ltd holds 0.06% of its portfolio in NIKE, Inc. (NYSE:NKE) for 76,368 shares. 151,764 are owned by Jacobs & Communications Ca. 151,449 are owned by Callahan Advsrs Ltd Co. Philadelphia Co holds 0.95% or 194,029 shares. 4.84 million are owned by Swiss National Bank. Trust Of Toledo Na Oh invested 0.82% of its portfolio in NIKE, Inc. (NYSE:NKE). Peapack Gladstone Fincl invested 0.09% of its portfolio in NIKE, Inc. (NYSE:NKE). Highland Cap Mgmt Llc accumulated 13,004 shares or 0.06% of the stock. Moreover, Liberty Management has 0.01% invested in NIKE, Inc. (NYSE:NKE). Ci Invs Incorporated holds 1.16 million shares. Groesbeck Investment Mngmt Corporation Nj, New Jersey-based fund reported 4,700 shares. Kj Harrison & Prtnrs holds 0.15% of its portfolio in NIKE, Inc. (NYSE:NKE) for 7,037 shares. Guardian Cap Lp owns 0.12% invested in NIKE, Inc. (NYSE:NKE) for 13,595 shares. Westpac Banking Corp stated it has 0.12% of its portfolio in NIKE, Inc. (NYSE:NKE). Evercore Wealth Ltd Llc invested in 1.26% or 542,280 shares.

Analysts await NIKE, Inc. (NYSE:NKE) to report earnings on July, 5. They expect $0.64 EPS, up 6.67% or $0.04 from last year’s $0.6 per share. NKE’s profit will be $1.03 billion for 25.73 P/E if the $0.64 EPS becomes a reality. After $0.68 actual EPS reported by NIKE, Inc. for the previous quarter, Wall Street now forecasts -5.88% negative EPS growth.

Since December 11, 2017, it had 0 insider buys, and 8 insider sales for $45.81 million activity. Shares for $6.77M were sold by SPRUNK ERIC D. 10,000 shares valued at $620,000 were sold by Matheson Monique S. on Monday, December 11. Shares for $8.78M were sold by PARKER MARK G on Friday, December 15. EDWARDS TREVOR A had sold 100,000 shares worth $6.85M on Wednesday, January 31.

Trust Co Of Oklahoma, which manages about $208.72 billion US Long portfolio, upped its stake in Spdr Consumer Discretionary Etf (XLY) by 313 shares to 10,369 shares, valued at $1.02B in 2017Q4, according to the filing. It also increased its holding in Johnson & Johnson (NYSE:JNJ) by 675 shares in the quarter, for a total of 8,341 shares, and has risen its stake in Norfolk Southern (NYSE:NSC).

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

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