Nike (NKE) Stock Declined While Guinness Atkinson Asset Management Has Decreased Stake by $2.92 Million; Synchrony Finl (SYF) Shareholder Baupost Group Lowered Position as Share Price Declined

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Baupost Group Llc decreased its stake in Synchrony Finl (SYF) by 44.25% based on its latest 2018Q3 regulatory filing with the SEC. Baupost Group Llc sold 12.96 million shares as the company’s stock declined 22.44% with the market. The hedge fund held 16.33 million shares of the consumer services company at the end of 2018Q3, valued at $507.63M, down from 29.30M at the end of the previous reported quarter. Baupost Group Llc who had been investing in Synchrony Finl for a number of months, seems to be less bullish one the $18.52B market cap company. The stock decreased 0.96% or $0.25 during the last trading session, reaching $25.77. About 2.50 million shares traded. Synchrony Financial (NYSE:SYF) has declined 33.15% since January 14, 2018 and is downtrending. It has underperformed by 33.15% the S&P500. Some Historical SYF News: 17/05/2018 – SYNCHRONY FINL BOOSTS QTR DIV TO 21C/SHR FROM 15C, EST. 16.5C; 10/05/2018 – Synchrony To Acquire Loop Commerce To Transform Digital Gifting; 11/04/2018 – CRATE-BARREL SELECTS SYNCHRONY FOR PRIVATE LABEL CARD CREDIT; 17/05/2018 – S&PGR Affirms Synchrony Financial ‘BBB-‘ Rtg; Outlook Stable; 02/05/2018 – Synchrony Teams with Amazon to Introduce New Alexa Skill for Amazon Store Card; 17/05/2018 – Synchrony Financial Raises Dividend to 21c Vs. 15c; 15/05/2018 – Synchrony: At April 30, Adjusted Net Charge-Off Rate Was 6.4%; 07/03/2018 – SYNCHRONY IS SAID REJECTED A$8B BIDDER FOR LATITUDE: AUSTRALIAN; 20/03/2018 – S&PGR Asgns Synchrony Crdt Crd Mstr Nt Tr Nts Ser 2018-1 Rtgs; 20/03/2018 – Moody’s: About $618M of Synchrony Asset-Backed Securities Rated

Guinness Atkinson Asset Management Inc decreased its stake in Nike Inc (NKE) by 27.96% based on its latest 2018Q3 regulatory filing with the SEC. Guinness Atkinson Asset Management Inc sold 34,810 shares as the company’s stock declined 11.68% with the market. The institutional investor held 89,690 shares of the consumer non-durables company at the end of 2018Q3, valued at $7.60 million, down from 124,500 at the end of the previous reported quarter. Guinness Atkinson Asset Management Inc who had been investing in Nike Inc for a number of months, seems to be less bullish one the $119.91 billion market cap company. The stock increased 0.20% or $0.15 during the last trading session, reaching $76.19. About 2.77M shares traded. NIKE, Inc. (NYSE:NKE) has risen 19.65% since January 14, 2018 and is uptrending. It has outperformed by 19.65% the S&P500. Some Historical NKE News: 14/05/2018 – KGVO-AM: UM Commencement Speaker – Nike’s Eric Sprunk Inspires Graduates; 03/05/2018 – Nike CEO Apologizes for Corporate Culture That Excluded Some Staff; 07/05/2018 – NIKE REPORTS ROSEMARY ST. CLAIR VP, GM OF GLOBAL WOMEN’S; 08/05/2018 – Four More Nike Executives Exit Amid Probe; 25/03/2018 – Finance Follow: Ackman exits Nike stake with $100 million in profit; 18/04/2018 – Nike’s vice president of footwear quits; 22/05/2018 – Des Moines Reg: Peterson: ISU football is a Nike priority; alternate uniforms are in the works; 16/03/2018 – Nike Closes Below 50-Day Moving Average: Technicals; 16/03/2018 – Nike President Steps Down as Company Reviews Improper Conduct; 22/03/2018 – Bill Ackman scores a quick $100 million profit on Nike in 6 months

Among 30 analysts covering Synchrony Financial (NYSE:SYF), 20 have Buy rating, 0 Sell and 10 Hold. Therefore 67% are positive. Synchrony Financial had 87 analyst reports since July 20, 2015 according to SRatingsIntel. The company was maintained on Friday, October 20 by Jefferies. The stock of Synchrony Financial (NYSE:SYF) has “Buy” rating given on Thursday, June 15 by Keefe Bruyette & Woods. Oppenheimer maintained Synchrony Financial (NYSE:SYF) on Friday, July 21 with “Hold” rating. The stock of Synchrony Financial (NYSE:SYF) earned “Equal-Weight” rating by Morgan Stanley on Friday, September 8. Wedbush maintained Synchrony Financial (NYSE:SYF) rating on Monday, December 11. Wedbush has “Hold” rating and $41.0 target. The stock of Synchrony Financial (NYSE:SYF) has “Buy” rating given on Friday, April 20 by BMO Capital Markets. Morgan Stanley maintained it with “Overweight” rating and $35 target in Tuesday, July 25 report. The rating was maintained by Jefferies with “Buy” on Friday, December 1. The company was maintained on Wednesday, June 15 by Jefferies. Compass Point initiated Synchrony Financial (NYSE:SYF) on Friday, November 4 with “Buy” rating.

More notable recent Synchrony Financial (NYSE:SYF) news were published by: Globenewswire.com which released: “CLASS ACTION UPDATE for HON and SYF: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders – GlobeNewswire” on December 27, 2018, also Globenewswire.com with their article: “Bragar Eagel & Squire, PC is Investigating Certain Officers and Directors of Synchrony Financial (SYF) and Encourages SYF Investors to Contact the Firm – GlobeNewswire” published on January 14, 2019, Globenewswire.com published: “SHAREHOLDER ALERT: APOG, HON, IGCC, SYF: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines – GlobeNewswire” on December 31, 2018. More interesting news about Synchrony Financial (NYSE:SYF) were released by: Gurufocus.com and their article: “SYF LOSS NOTICE: Rosen Law Firm Announces the Filing of a Securities Class Action Lawsuit Against Synchrony Financial; Important Investor Deadline – SYF – GuruFocus.com” published on December 28, 2018 as well as Stockhouse.com‘s news article titled: “CLASS ACTION UPDATE for JT, HON, DY and SYF: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders – Stockhouse” with publication date: December 23, 2018.

Analysts await Synchrony Financial (NYSE:SYF) to report earnings on January, 18. They expect $0.89 earnings per share, up 27.14% or $0.19 from last year’s $0.7 per share. SYF’s profit will be $639.68 million for 7.24 P/E if the $0.89 EPS becomes a reality. After $0.91 actual earnings per share reported by Synchrony Financial for the previous quarter, Wall Street now forecasts -2.20% negative EPS growth.

Baupost Group Llc, which manages about $29.88B and $13.01 billion US Long portfolio, upped its stake in Tesla Inc (Prn) by 50.00 million shares to 300.00 million shares, valued at $308.55M in 2018Q3, according to the filing. It also increased its holding in Twenty First Centy Fox Inc (NASDAQ:FOXA) by 12.59M shares in the quarter, for a total of 52.00 million shares, and has risen its stake in Mckesson Corp (NYSE:MCK).

Since July 17, 2018, it had 0 buys, and 7 sales for $30.75 million activity. $1.36M worth of NIKE, Inc. (NYSE:NKE) was sold by RODGERS JOHNATHAN A. $448,774 worth of NIKE, Inc. (NYSE:NKE) shares were sold by Hill Elliott. $1.45M worth of NIKE, Inc. (NYSE:NKE) shares were sold by Matheson Monique S.. Campion Andrew also sold $317,006 worth of NIKE, Inc. (NYSE:NKE) shares. On Wednesday, January 2 the insider Slusher John F sold $14.81 million.

Among 45 analysts covering Nike Inc. (NYSE:NKE), 29 have Buy rating, 2 Sell and 14 Hold. Therefore 64% are positive. Nike Inc. had 276 analyst reports since July 29, 2015 according to SRatingsIntel. The firm has “Hold” rating by Needham given on Wednesday, September 27. The firm earned “Mkt Perform” rating on Friday, September 25 by FBR Capital. The stock of NIKE, Inc. (NYSE:NKE) has “Buy” rating given on Friday, October 16 by B. Riley & Co. The company was maintained on Friday, September 25 by Piper Jaffray. The stock has “Market Perform” rating by Wells Fargo on Friday, December 21. The rating was maintained by Buckingham Research with “Buy” on Tuesday, October 17. The company was downgraded on Monday, October 31 by Bank of America. On Thursday, March 23 the stock rating was maintained by JP Morgan with “Buy”. Deutsche Bank maintained NIKE, Inc. (NYSE:NKE) on Thursday, October 26 with “Buy” rating. The stock of NIKE, Inc. (NYSE:NKE) has “Overweight” rating given on Friday, December 21 by JP Morgan.

More notable recent NIKE, Inc. (NYSE:NKE) news were published by: 247Wallst.com which released: “Why Nike Is Friday’s Big Earnings Winner – 24/7 Wall St.” on December 21, 2018, also Benzinga.com with their article: “ConAgra Foods, Inc. (NYSE:CAG), Nike, Inc. (NYSE:NKE) – Potential Rally in Stocks Seems to Be Kept in Check by Worries About Govt. Shutdown, Fed – Benzinga” published on December 21, 2018, Investorplace.com published: “Apple’s Warning Is a Reason to Avoid Starbucks Stock – Investorplace.com” on January 14, 2019. More interesting news about NIKE, Inc. (NYSE:NKE) were released by: Seekingalpha.com and their article: “Nike Earnings Preview: Truly A Growth Company? – Seeking Alpha” published on December 17, 2018 as well as Investorplace.com‘s news article titled: “Can Nike Stock Save Christmas? – Investorplace.com” with publication date: December 20, 2018.

Investors sentiment decreased to 0.82 in Q3 2018. Its down 0.01, from 0.83 in 2018Q2. It is negative, as 48 investors sold NKE shares while 496 reduced holdings. 126 funds opened positions while 322 raised stakes. 969.47 million shares or 1.35% less from 982.71 million shares in 2018Q2 were reported. First Bank & Trust Of Hutchinson holds 0.46% of its portfolio in NIKE, Inc. (NYSE:NKE) for 9,572 shares. Moreover, Spectrum Mgmt Inc has 0.02% invested in NIKE, Inc. (NYSE:NKE) for 600 shares. 20,268 were accumulated by Shelton Cap Management. Fincl Counselors reported 0.12% stake. Signature & Invest Advisors Ltd Liability Com holds 0.02% or 2,106 shares in its portfolio. Washington Trust Co stated it has 0.04% in NIKE, Inc. (NYSE:NKE). Fil Ltd has 457,897 shares for 0.06% of their portfolio. Ameritas Investment Prtnrs stated it has 0.09% of its portfolio in NIKE, Inc. (NYSE:NKE). Professional Advisory owns 8,050 shares. Gould Asset Mgmt Ltd Limited Liability Company Ca has invested 0.12% in NIKE, Inc. (NYSE:NKE). Grp Inc One Trading LP has 11,565 shares. M&R Cap Mngmt Inc reported 0.01% of its portfolio in NIKE, Inc. (NYSE:NKE). California-based First Quadrant Lp Ca has invested 0.65% in NIKE, Inc. (NYSE:NKE). Sumitomo Mitsui Asset holds 291,999 shares. Lenox Wealth Mngmt has invested 0.08% of its portfolio in NIKE, Inc. (NYSE:NKE).

NIKE, Inc. (NYSE:NKE) Institutional Positions Chart

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