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Narwhal Capital Management Lowered By $343,650 Its Nike (NKE) Position; Shorts at Kapstone Paper and Packaging Cor (KS) Lowered By 11.5%

Narwhal Capital Management decreased Nike Inc (NKE) stake by 27.82% reported in 2017Q2 SEC filing. Narwhal Capital Management sold 5,925 shares as Nike Inc (NKE)’s stock declined 8.78%. The Narwhal Capital Management holds 15,375 shares with $907,000 value, down from 21,300 last quarter. Nike Inc now has $105.60 billion valuation. The stock increased 0.66% or $0.42 during the last trading session, reaching $64.72. About 5.88 million shares traded. NIKE, Inc. (NYSE:NKE) has declined 9.24% since December 14, 2016 and is downtrending. It has underperformed by 25.94% the S&P500.

Kapstone Paper and Packaging Cor (NYSE:KS) had a decrease of 11.5% in short interest. KS’s SI was 3.03 million shares in December as released by FINRA. Its down 11.5% from 3.43M shares previously. With 1.25M avg volume, 2 days are for Kapstone Paper and Packaging Cor (NYSE:KS)’s short sellers to cover KS’s short positions. The SI to Kapstone Paper and Packaging Cor’s float is 3.5%. The stock decreased 0.23% or $0.05 during the last trading session, reaching $21.81. About 66,228 shares traded. KapStone Paper and Packaging Corporation (NYSE:KS) has risen 45.78% since December 14, 2016 and is uptrending. It has outperformed by 29.08% the S&P500.

Among 16 analysts covering Kapstone Paper And Packaging Corp. (NYSE:KS), 7 have Buy rating, 2 Sell and 7 Hold. Therefore 44% are positive. Kapstone Paper And Packaging Corp. had 48 analyst reports since August 4, 2015 according to SRatingsIntel. Wells Fargo initiated the shares of KS in report on Thursday, September 10 with “Outperform” rating. The stock of KapStone Paper and Packaging Corporation (NYSE:KS) earned “Outperform” rating by RBC Capital Markets on Wednesday, November 2. RBC Capital Markets maintained KapStone Paper and Packaging Corporation (NYSE:KS) rating on Monday, May 29. RBC Capital Markets has “Buy” rating and $2600 target. The stock of KapStone Paper and Packaging Corporation (NYSE:KS) has “Hold” rating given on Tuesday, June 27 by KeyBanc Capital Markets. The rating was maintained by BMO Capital Markets on Monday, July 17 with “Buy”. The rating was maintained by RBC Capital Markets with “Outperform” on Thursday, February 11. As per Tuesday, July 19, the company rating was upgraded by Dundee Securities. The stock has “Neutral” rating by Bank of America on Monday, August 29. The firm has “Buy” rating given on Sunday, August 30 by Deutsche Bank. HSBC upgraded KapStone Paper and Packaging Corporation (NYSE:KS) on Wednesday, October 7 to “Buy” rating.

KapStone Paper and Packaging Corporation produces and sells a range of containerboards, corrugated products, and specialty paper products in the United States and internationally. The company has market cap of $2.12 billion. The firm operates in two divisions, Paper and Packaging, and Distribution. It has a 29.08 P/E ratio. The Paper and Packaging segment offers containerboards consisting of linerboard and corrugated medium to manufacture corrugated containers for packaging products; and corrugated products.

Analysts await NIKE, Inc. (NYSE:NKE) to report earnings on December, 19. They expect $0.39 EPS, down 22.00% or $0.11 from last year’s $0.5 per share. NKE’s profit will be $636.32M for 41.49 P/E if the $0.39 EPS becomes a reality. After $0.57 actual EPS reported by NIKE, Inc. for the previous quarter, Wall Street now forecasts -31.58% negative EPS growth.

Investors sentiment decreased to 0.8 in 2017 Q2. Its down 0.20, from 1 in 2017Q1. It dropped, as 82 investors sold NKE shares while 439 reduced holdings. 110 funds opened positions while 410 raised stakes. 994.42 million shares or 3.48% less from 1.03 billion shares in 2017Q1 were reported. Pacad Inv Limited has invested 0.58% in NIKE, Inc. (NYSE:NKE). Cipher LP invested in 0.63% or 136,910 shares. Pittenger And Anderson holds 117,666 shares. Moreover, National Mutual Insurance Federation Of Agricultural Cooperatives has 0.08% invested in NIKE, Inc. (NYSE:NKE) for 71,500 shares. Valley National Advisers Inc invested in 283 shares. 123,148 were accumulated by New Mexico Educational Retirement Board. Sandy Spring Bank & Trust reported 0.81% in NIKE, Inc. (NYSE:NKE). 25,275 are owned by Hap Trading Llc. Public Sector Pension Investment Board holds 151,116 shares. De Burlo Gp has 0.23% invested in NIKE, Inc. (NYSE:NKE) for 17,800 shares. 1.71M were reported by State Bank Of Montreal Can. Eagleclaw Cap Managment Limited Liability Corporation holds 4.04% of its portfolio in NIKE, Inc. (NYSE:NKE) for 116,772 shares. Bradley Foster & Sargent Ct holds 1.31% or 555,583 shares in its portfolio. 900 were reported by Allsquare Wealth Mgmt Ltd Limited Liability Company. Metropolitan Life Ins invested in 697,128 shares or 0.28% of the stock.

Narwhal Capital Management increased Pfizer Inc (NYSE:PFE) stake by 20,025 shares to 160,055 valued at $5.38M in 2017Q2. It also upped Procter And Gamble Co (NYSE:PG) stake by 10,405 shares and now owns 48,245 shares. Qualcomm Inc (NASDAQ:QCOM) was raised too.

Since September 14, 2017, it had 0 insider purchases, and 1 insider sale for $855,206 activity. RODGERS JOHNATHAN A sold $855,206 worth of stock.

Among 44 analysts covering Nike Inc. (NYSE:NKE), 23 have Buy rating, 2 Sell and 19 Hold. Therefore 52% are positive. Nike Inc. had 197 analyst reports since July 29, 2015 according to SRatingsIntel. Nomura maintained it with “Buy” rating and $62 target in Monday, July 17 report. The rating was maintained by JP Morgan with “Buy” on Thursday, March 23. The rating was maintained by Credit Suisse on Wednesday, September 28 with “Outperform”. As per Tuesday, September 19, the company rating was maintained by Jefferies. Piper Jaffray maintained the stock with “Buy” rating in Thursday, July 27 report. The stock of NIKE, Inc. (NYSE:NKE) earned “Buy” rating by DA Davidson on Wednesday, September 28. On Monday, September 26 the stock rating was maintained by B.riley with “Neutral”. The rating was maintained by Goldman Sachs with “Buy” on Wednesday, September 28. Oppenheimer initiated NIKE, Inc. (NYSE:NKE) on Tuesday, October 25 with “Perform” rating. The rating was maintained by Piper Jaffray with “Overweight” on Friday, September 25.

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