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As Forum Energy Technologies In (FET) Stock Declined, Sir Capital Management LP Increased by $8.65 Million Its Stake; J Goldman & Company LP Trimmed Its Position in Hanesbrands (Put) (HBI) as Stock Value Declined

Hanesbrands Inc. (NYSE:HBI) Logo

Vince Maddi increased its stake in Forum Energy Technologies In (FET) by 439.69% based on its latest 2017Q4 regulatory filing with the SEC. Sir Capital Management Lp bought 576,432 shares as the company’s stock declined 28.81% with the market. The hedge fund run by Vince Maddi held 707,532 shares of the energy company at the end of 2017Q4, valued at $11.00M, up from 131,100 at the end of the previous reported quarter. Sir Capital Management Lp who had been investing in Forum Energy Technologies In for a number of months, seems to be bullish on the $1.56B market cap company. The stock decreased 1.03% or $0.15 during the last trading session, reaching $14.35. About 881,928 shares traded. Forum Energy Technologies, Inc. (NYSE:FET) has declined 41.26% since May 12, 2017 and is downtrending. It has underperformed by 52.81% the S&P500.

J Goldman & Company Lp decreased its stake in Hanesbrands Inc (Put) (HBI) by 32.8% based on its latest 2017Q4 regulatory filing with the SEC. J Goldman & Company Lp sold 131,200 shares as the company’s stock declined 7.94% with the market. The hedge fund held 268,800 shares of the clothing and shoe and accessory stores company at the end of 2017Q4, valued at $5.62M, down from 400,000 at the end of the previous reported quarter. J Goldman & Company Lp who had been investing in Hanesbrands Inc (Put) for a number of months, seems to be less bullish one the $6.03 billion market cap company. The stock increased 0.90% or $0.15 during the last trading session, reaching $16.73. About 4.22 million shares traded. Hanesbrands Inc. (NYSE:HBI) has declined 8.16% since May 12, 2017 and is downtrending. It has underperformed by 19.71% the S&P500.

Among 23 analysts covering Forum Energy Technologies (NYSE:FET), 5 have Buy rating, 0 Sell and 18 Hold. Therefore 22% are positive. Forum Energy Technologies had 73 analyst reports since July 28, 2015 according to SRatingsIntel. Jefferies maintained the stock with “Hold” rating in Monday, July 11 report. The firm has “Hold” rating given on Tuesday, June 6 by Jefferies. The rating was maintained by Citigroup with “Neutral” on Wednesday, July 13. Credit Suisse upgraded Forum Energy Technologies, Inc. (NYSE:FET) on Monday, December 21 to “Outperform” rating. The rating was upgraded by Zacks to “Hold” on Monday, September 21. The firm earned “Neutral” rating on Tuesday, June 27 by Guggenheim. The stock of Forum Energy Technologies, Inc. (NYSE:FET) earned “Buy” rating by Guggenheim on Monday, November 30. Citigroup maintained it with “Neutral” rating and $18 target in Friday, September 2 report. On Wednesday, July 12 the stock rating was downgraded by Barclays Capital to “Equal-Weight”. Jefferies maintained Forum Energy Technologies, Inc. (NYSE:FET) rating on Monday, October 16. Jefferies has “Hold” rating and $16.0 target.

Sir Capital Management Lp, which manages about $1.60 billion and $452.61 million US Long portfolio, decreased its stake in Chemours Co by 22,900 shares to 308,130 shares, valued at $15.43M in 2017Q4, according to the filing. It also reduced its holding in Halliburton Co (NYSE:HAL) by 263,567 shares in the quarter, leaving it with 262,194 shares, and cut its stake in Conocophillips (NYSE:COP).

Another recent and important Forum Energy Technologies, Inc. (NYSE:FET) news was published by Globenewswire.com which published an article titled: “Consolidated Research: 2018 Summary Expectations for EQT, NiSource, Vulcan Materials, General Growth Properties …” on May 10, 2018.

Since March 2, 2018, it had 1 insider buy, and 0 selling transactions for $956,700 activity.

Investors sentiment decreased to 1.05 in Q4 2017. Its down 0.29, from 1.34 in 2017Q3. It fall, as 15 investors sold FET shares while 43 reduced holdings. 22 funds opened positions while 39 raised stakes. 95.28 million shares or 2.47% less from 97.69 million shares in 2017Q3 were reported. Mesirow Finance Mgmt stated it has 1.34% of its portfolio in Forum Energy Technologies, Inc. (NYSE:FET). Boston Prtn holds 985,776 shares. Glenmede Trust Na reported 0% in Forum Energy Technologies, Inc. (NYSE:FET). Adams Natural Fund reported 167,700 shares or 0.39% of all its holdings. Jennison Associates accumulated 2.56M shares. Bank Of America De invested in 759,643 shares or 0% of the stock. Manufacturers Life Insurance The stated it has 0% of its portfolio in Forum Energy Technologies, Inc. (NYSE:FET). Schwab Charles Investment Mngmt Inc invested 0.01% in Forum Energy Technologies, Inc. (NYSE:FET). Parkside Comml Bank stated it has 0% of its portfolio in Forum Energy Technologies, Inc. (NYSE:FET). State Street has invested 0% in Forum Energy Technologies, Inc. (NYSE:FET). 21,788 are held by Citigroup. Employees Retirement System Of Ohio reported 7,947 shares. Landscape Capital Lc invested in 0.05% or 33,772 shares. Teacher Retirement System Of Texas invested 0% in Forum Energy Technologies, Inc. (NYSE:FET). Sterling Lc reported 143,123 shares or 0.02% of all its holdings.

J Goldman & Company Lp, which manages about $1.17B and $1.91B US Long portfolio, upped its stake in Ensco Plc (Call) (NYSE:ESV) by 687,100 shares to 750,000 shares, valued at $4.43M in 2017Q4, according to the filing. It also increased its holding in Proteostasis Therapeutics In by 522,543 shares in the quarter, for a total of 550,043 shares, and has risen its stake in Spdr Series Trust (XRT).

More notable recent Hanesbrands Inc. (NYSE:HBI) news were published by: Benzinga.com which released: “Stifel Makes The Case For Buying Hanesbrands” on April 23, 2018, also Seekingalpha.com with their article: “HanesBrands: Value-Investor Opportunity” published on April 25, 2018, Seekingalpha.com published: “Hanesbrands: A Defensive Cash Cow” on May 08, 2018. More interesting news about Hanesbrands Inc. (NYSE:HBI) were released by: Seekingalpha.com and their article: “Hanesbrands (HBI) Q1 2018 Results – Earnings Call Transcript” published on May 01, 2018 as well as Seekingalpha.com‘s news article titled: “Why Hanesbrands Is Falling” with publication date: May 03, 2018.

Investors sentiment decreased to 1.11 in 2017 Q4. Its down 0.04, from 1.15 in 2017Q3. It fall, as 75 investors sold HBI shares while 173 reduced holdings. 79 funds opened positions while 197 raised stakes. 337.77 million shares or 0.93% more from 334.65 million shares in 2017Q3 were reported. Amalgamated Fincl Bank holds 0.03% or 47,914 shares in its portfolio. Ubs Asset Management Americas holds 0.02% or 1.15M shares in its portfolio. Leuthold Group Ltd Liability Corp accumulated 0.51% or 244,348 shares. Nomura Hldg reported 48,317 shares stake. Platinum Inv, a Australia-based fund reported 2.44 million shares. Glenmede Tru Na has invested 0.21% in Hanesbrands Inc. (NYSE:HBI). Oakworth Cap Inc invested in 0% or 980 shares. Sasco Capital Inc Ct invested in 4.29 million shares or 3.28% of the stock. Kentucky Retirement Ins Fund stated it has 0.03% of its portfolio in Hanesbrands Inc. (NYSE:HBI). Washington Tru Natl Bank owns 8,000 shares. Morgan Stanley has 2.82M shares. Td Asset Mngmt has invested 0.01% in Hanesbrands Inc. (NYSE:HBI). Midas Mngmt Corp accumulated 1.27% or 153,000 shares. Ent Serv Corporation owns 0.01% invested in Hanesbrands Inc. (NYSE:HBI) for 1,109 shares. Bnp Paribas Asset Mngmt owns 90,403 shares.

Among 21 analysts covering Hanesbrands (NYSE:HBI), 11 have Buy rating, 0 Sell and 10 Hold. Therefore 52% are positive. Hanesbrands had 64 analyst reports since September 17, 2015 according to SRatingsIntel. Cowen & Co maintained Hanesbrands Inc. (NYSE:HBI) on Thursday, August 24 with “Hold” rating. The rating was maintained by Stifel Nicolaus with “Hold” on Thursday, February 8. Brean Capital initiated the stock with “Buy” rating in Monday, July 17 report. Wells Fargo maintained it with “Market Perform” rating and $20 target in Friday, February 9 report. The firm earned “Overweight” rating on Thursday, November 2 by Barclays Capital. The stock of Hanesbrands Inc. (NYSE:HBI) has “Market Perform” rating given on Wednesday, October 25 by Wells Fargo. Barclays Capital maintained Hanesbrands Inc. (NYSE:HBI) rating on Thursday, January 25. Barclays Capital has “Overweight” rating and $27 target. The company was initiated on Friday, October 16 by Oppenheimer. The firm has “Neutral” rating given on Monday, October 26 by DA Davidson. Deutsche Bank initiated Hanesbrands Inc. (NYSE:HBI) rating on Monday, October 23. Deutsche Bank has “Buy” rating and $29.0 target.

Since February 15, 2018, it had 0 insider purchases, and 1 insider sale for $1.07 million activity.

Forum Energy Technologies, Inc. (NYSE:FET) Institutional Positions Chart

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