Trending Stock News

Schwab Charles Investment Management Has Decreased Its Methode Electrs (MEI) Holding by $526,400; Stock Value Declined; Ifrah Financial Services Lifted Its Hanesbrands (HBI) Holding by $421,800 as Share Value Declined

Hanesbrands Inc. (NYSE:HBI) Logo

Ifrah Financial Services Inc increased its stake in Hanesbrands Inc (HBI) by 88.76% based on its latest 2017Q4 regulatory filing with the SEC. Ifrah Financial Services Inc bought 21,090 shares as the company’s stock declined 7.94% with the market. The institutional investor held 44,851 shares of the clothing and shoe and accessory stores company at the end of 2017Q4, valued at $938,000, up from 23,761 at the end of the previous reported quarter. Ifrah Financial Services Inc who had been investing in Hanesbrands Inc for a number of months, seems to be bullish on 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 13, 2017 and is downtrending. It has underperformed by 19.71% the S&P500.

Schwab Charles Investment Management Inc decreased its stake in Methode Electrs Inc (MEI) by 5.24% based on its latest 2017Q4 regulatory filing with the SEC. Schwab Charles Investment Management Inc sold 13,160 shares as the company’s stock declined 4.69% with the market. The institutional investor held 237,928 shares of the capital goods company at the end of 2017Q4, valued at $9.54M, down from 251,088 at the end of the previous reported quarter. Schwab Charles Investment Management Inc who had been investing in Methode Electrs Inc for a number of months, seems to be less bullish one the $1.56B market cap company. The stock increased 0.24% or $0.1 during the last trading session, reaching $42.4. About 125,058 shares traded. Methode Electronics, Inc. (NYSE:MEI) has declined 12.77% since May 13, 2017 and is downtrending. It has underperformed by 24.32% the S&P500.

Analysts await Methode Electronics, Inc. (NYSE:MEI) to report earnings on June, 28. They expect $0.74 EPS, up 7.25% or $0.05 from last year’s $0.69 per share. MEI’s profit will be $27.26M for 14.32 P/E if the $0.74 EPS becomes a reality. After $0.87 actual EPS reported by Methode Electronics, Inc. for the previous quarter, Wall Street now forecasts -14.94% negative EPS growth.

Schwab Charles Investment Management Inc, which manages about $126.11B US Long portfolio, upped its stake in Msci Inc (NYSE:MSCI) by 14,559 shares to 311,854 shares, valued at $39.46 million in 2017Q4, according to the filing. It also increased its holding in Hp Inc by 260,392 shares in the quarter, for a total of 9.70M shares, and has risen its stake in Servicemaster Global Hldgs I (NYSE:SERV).

Among 3 analysts covering Methode Electronics (NYSE:MEI), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Methode Electronics had 13 analyst reports since September 4, 2015 according to SRatingsIntel. Robert W. Baird maintained Methode Electronics, Inc. (NYSE:MEI) on Friday, June 23 with “Buy” rating. Craig Hallum downgraded the shares of MEI in report on Friday, September 2 to “Hold” rating. Craig Hallum upgraded the stock to “Buy” rating in Friday, September 4 report. Robert W. Baird maintained the stock with “Buy” rating in Monday, October 16 report. As per Thursday, September 21, the company rating was maintained by Robert W. Baird. Robert W. Baird maintained the stock with “Outperform” rating in Friday, March 2 report. FBR Capital maintained the shares of MEI in report on Friday, March 3 with “Outperform” rating. Robert W. Baird maintained it with “Buy” rating and $47.0 target in Friday, December 8 report. FBR Capital maintained Methode Electronics, Inc. (NYSE:MEI) rating on Friday, December 9. FBR Capital has “Outperform” rating and $50 target. The firm earned “Outperform” rating on Friday, June 24 by Robert W. Baird.

Investors sentiment decreased to 1.11 in Q4 2017. Its down 0.04, from 1.15 in 2017Q3. It is negative, 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. Chevy Chase Hldgs Inc reported 538,017 shares stake. Amp has invested 0.01% in Hanesbrands Inc. (NYSE:HBI). Parnassus Invs Ca holds 0.28% or 3.41M shares. M&R Capital Inc holds 0% or 900 shares. Atria Llc invested in 12,082 shares or 0.01% of the stock. Of Virginia Va owns 84,255 shares. North Star Asset Inc invested in 0.7% or 373,592 shares. Royal Financial Bank Of Canada, Ontario – Canada-based fund reported 568,774 shares. Armistice Limited Liability Corp, New York-based fund reported 1.40 million shares. Cibc Asset Mgmt Inc holds 0% of its portfolio in Hanesbrands Inc. (NYSE:HBI) for 38,076 shares. Advsrs Capital Mngmt Limited Company owns 14,900 shares for 0.02% of their portfolio. Invesco Ltd holds 0.04% or 5.13M shares. 447,732 are held by Hahn Ltd Company. Arizona State Retirement System accumulated 207,281 shares or 0.04% of the stock. Navellier & Associate Inc holds 0.47% or 120,591 shares in its portfolio.

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

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

Hanesbrands Inc. (NYSE:HBI) Institutional Positions Chart

Leave a Reply

Your email address will not be published. Required fields are marked *