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Foot Locker, Inc. (FL) EPS Estimated At $1.24; Wexford Capital LP Cut Its Macys (M) Holding

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Wexford Capital Lp decreased Macys Inc (M) stake by 2.65% reported in 2017Q4 SEC filing. Wexford Capital Lp sold 12,100 shares as Macys Inc (M)’s stock rose 8.53%. The Wexford Capital Lp holds 445,000 shares with $11.21 million value, down from 457,100 last quarter. Macys Inc now has $9.17 billion valuation. The stock increased 1.87% or $0.55 during the last trading session, reaching $29.96. About 10.25 million shares traded or 5.49% up from the average. Macy's, Inc. (NYSE:M) has declined 0.25% since April 20, 2017 and is downtrending. It has underperformed by 11.80% the S&P500.

Analysts expect Foot Locker, Inc. (NYSE:FL) to report $1.24 EPS on May, 18.They anticipate $0.12 EPS change or 8.82% from last quarter’s $1.36 EPS. FL’s profit would be $146.47 million giving it 8.24 P/E if the $1.24 EPS is correct. After having $1.26 EPS previously, Foot Locker, Inc.’s analysts see -1.59% EPS growth. The stock decreased 1.80% or $0.75 during the last trading session, reaching $40.89. About 2.95 million shares traded. Foot Locker, Inc. (NYSE:FL) has declined 39.41% since April 20, 2017 and is downtrending. It has underperformed by 50.96% the S&P500.

Investors sentiment increased to 0.89 in 2017 Q4. Its up 0.08, from 0.81 in 2017Q3. It improved, as 55 investors sold Foot Locker, Inc. shares while 151 reduced holdings. 85 funds opened positions while 98 raised stakes. 108.01 million shares or 1.87% more from 106.03 million shares in 2017Q3 were reported. Lsv Asset has invested 0.08% in Foot Locker, Inc. (NYSE:FL). Moreover, Cibc National Bank Usa has 0.08% invested in Foot Locker, Inc. (NYSE:FL). First Mercantile Trust has invested 0.01% in Foot Locker, Inc. (NYSE:FL). Yorktown Management And Research Inc owns 7,000 shares for 0.09% of their portfolio. 311,762 were reported by Td Asset Management. Deltec Asset Management Ltd Liability reported 0.18% of its portfolio in Foot Locker, Inc. (NYSE:FL). Los Angeles Capital Mngmt Equity has invested 0.29% of its portfolio in Foot Locker, Inc. (NYSE:FL). Assetmark Incorporated has invested 0% of its portfolio in Foot Locker, Inc. (NYSE:FL). Toronto Dominion Bancorp owns 46,106 shares. Pnc Financial Gp Inc holds 0.01% or 149,309 shares in its portfolio. United Cap Finance Advisers Limited Liability reported 0.01% stake. Hsbc Holding Plc has invested 0.05% of its portfolio in Foot Locker, Inc. (NYSE:FL). Ls Investment Advsrs Limited Com owns 5,073 shares or 0.01% of their US portfolio. Cap Inv Counsel owns 10,785 shares or 0.21% of their US portfolio. Pinebridge L P holds 0% or 281 shares.

Since January 9, 2018, it had 0 insider purchases, and 5 sales for $3.34 million activity. $1.05 million worth of Foot Locker, Inc. (NYSE:FL) shares were sold by Cipriano Giovanna. The insider Kimble Lewis Phillip sold 11,043 shares worth $471,647. 10,899 shares were sold by MCKENNA MATTHEW M, worth $499,339. $1.25M worth of Foot Locker, Inc. (NYSE:FL) shares were sold by Johnson Richard A. 1,500 Foot Locker, Inc. (NYSE:FL) shares with value of $65,161 were sold by GILBERT JAROBIN JR.

Foot Locker, Inc., through its subsidiaries, operates as an athletic shoes and apparel retailer. The company has market cap of $4.83 billion. The firm operates in two divisions, Athletic Stores and Direct-to-Customers. It has a 18.42 P/E ratio. The Athletic Stores segment retails athletic footwear, apparel, accessories, and equipment under various formats, including Foot Locker, Kids Foot Locker, Lady Foot Locker, Champs Sports, Footaction, Runners Point, Sidestep, and SIX:02.

Among 32 analysts covering Foot Locker Inc. (NYSE:FL), 18 have Buy rating, 1 Sell and 13 Hold. Therefore 56% are positive. Foot Locker Inc. had 136 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Foot Locker, Inc. (NYSE:FL) earned “Buy” rating by Canaccord Genuity on Sunday, January 7. On Wednesday, April 4 the stock rating was maintained by Deutsche Bank with “Buy”. Wedbush maintained Foot Locker, Inc. (NYSE:FL) on Thursday, January 25 with “Buy” rating. The firm has “Outperform” rating by Oppenheimer given on Wednesday, January 31. Robert W. Baird maintained it with “Hold” rating and $37.0 target in Friday, September 22 report. The stock of Foot Locker, Inc. (NYSE:FL) earned “Hold” rating by Piper Jaffray on Thursday, July 13. The stock of Foot Locker, Inc. (NYSE:FL) earned “Hold” rating by Cowen & Co on Wednesday, January 31. The stock has “Hold” rating by Canaccord Genuity on Friday, August 18. The firm earned “Market Perform” rating on Friday, August 18 by Wells Fargo. On Monday, August 21 the stock rating was downgraded by UBS to “Hold”.

Analysts await Macy's, Inc. (NYSE:M) to report earnings on May, 10. They expect $0.36 EPS, up 50.00% or $0.12 from last year’s $0.24 per share. M’s profit will be $110.14 million for 20.81 P/E if the $0.36 EPS becomes a reality. After $2.82 actual EPS reported by Macy's, Inc. for the previous quarter, Wall Street now forecasts -87.23% negative EPS growth.

Foot Locker, Inc. (NYSE:FL) Institutional Positions Chart

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