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Graham Holdings Company (GHC) Reaches $614.75 52-Week High; Shell Asset Management Co Lowered Its Hanesbrands (HBI) Holding

Hanesbrands Inc. (NYSE:HBI) Logo

Shell Asset Management Co decreased Hanesbrands Inc (HBI) stake by 53.59% reported in 2017Q4 SEC filing. Shell Asset Management Co sold 22,502 shares as Hanesbrands Inc (HBI)’s stock declined 7.94%. The Shell Asset Management Co holds 19,486 shares with $407,000 value, down from 41,988 last quarter. Hanesbrands Inc now has $6.52B valuation. The stock decreased 0.28% or $0.05 during the last trading session, reaching $18.08. About 10.54 million shares traded or 57.94% up from the average. Hanesbrands Inc. (NYSE:HBI) has declined 8.16% since April 16, 2017 and is downtrending. It has underperformed by 19.71% the S&P500.

The stock of Graham Holdings Company (NYSE:GHC) hit a new 52-week high and has $633.19 target or 3.00% above today’s $614.75 share price. The 5 months bullish chart indicates low risk for the $3.38 billion company. The 1-year high was reported on Apr, 16 by If the $633.19 price target is reached, the company will be worth $101.43 million more. The stock increased 0.88% or $5.35 during the last trading session, reaching $614.75. About 9,976 shares traded. Graham Holdings Company (NYSE:GHC) has risen 1.87% since April 16, 2017 and is uptrending. It has underperformed by 9.68% the S&P500.

Since February 15, 2018, it had 0 insider purchases, and 1 insider sale for $1.07 million activity. Upchurch W Howard Jr sold 51,743 shares worth $1.07M.

Among 21 analysts covering Hanesbrands (NYSE:HBI), 10 have Buy rating, 0 Sell and 11 Hold. Therefore 48% are positive. Hanesbrands had 60 analyst reports since September 17, 2015 according to SRatingsIntel. Cowen & Co maintained Hanesbrands Inc. (NYSE:HBI) rating on Wednesday, September 27. Cowen & Co has “Hold” rating and $22.0 target. The rating was reinitiated by Wells Fargo with “Outperform” on Thursday, October 22. Citigroup maintained it with “Neutral” rating and $22 target in Friday, February 9 report. B. Riley & Co maintained the shares of HBI in report on Friday, February 9 with “Buy” rating. The company was downgraded on Monday, February 27 by Morgan Stanley. The firm has “Buy” rating by UBS given on Friday, February 3. UBS maintained the stock with “Buy” rating in Friday, February 5 report. The stock has “Buy” rating by Brean Capital on Monday, July 17. Oppenheimer maintained the stock with “Buy” rating in Tuesday, August 29 report. The rating was maintained by Morgan Stanley on Thursday, November 2 with “Equal-Weight”.

Analysts await Hanesbrands Inc. (NYSE:HBI) to report earnings on May, 1. They expect $0.24 EPS, down 17.24% or $0.05 from last year’s $0.29 per share. HBI’s profit will be $86.48M for 18.83 P/E if the $0.24 EPS becomes a reality. After $0.52 actual EPS reported by Hanesbrands Inc. for the previous quarter, Wall Street now forecasts -53.85% negative EPS growth.

Shell Asset Management Co increased First Bancorp N C (NASDAQ:FBNC) stake by 18,857 shares to 36,300 valued at $1.28 million in 2017Q4. It also upped F M C Corp (NYSE:FMC) stake by 4,153 shares and now owns 238,819 shares. Maxim Integrated Prods Inc (NASDAQ:MXIM) was raised too.

Hanesbrands Inc. (NYSE:HBI) Institutional Positions Chart

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