Ar Asset Management Inc increased its stake in Nike Inc. Cl B (NKE) by 21.84% based on its latest 2017Q3 regulatory filing with the SEC. Ar Asset Management Inc bought 14,850 shares as the company’s stock declined 8.78% while stock markets rallied. The institutional investor held 82,850 shares of the consumer non-durables company at the end of 2017Q3, valued at $4.30 million, up from 68,000 at the end of the previous reported quarter. Ar Asset Management Inc who had been investing in Nike Inc. Cl B for a number of months, seems to be bullish on the $109.95B market cap company. The stock decreased 0.68% or $0.46 during the last trading session, reaching $67.58. About 5.07M shares traded. NIKE, Inc. (NYSE:NKE) has declined 9.24% since January 30, 2017 and is downtrending. It has underperformed by 25.94% the S&P500.
Berson & Corrado Investment Advisors Llc increased its stake in Teekay Tankers Ltd Cl Af (TNK) by 84.49% based on its latest 2017Q3 regulatory filing with the SEC. Berson & Corrado Investment Advisors Llc bought 360,875 shares as the company’s stock declined 21.54% while stock markets rallied. The institutional investor held 787,988 shares of the marine transportation company at the end of 2017Q3, valued at $1.28 million, up from 427,113 at the end of the previous reported quarter. Berson & Corrado Investment Advisors Llc who had been investing in Teekay Tankers Ltd Cl Af for a number of months, seems to be bullish on the $354.03M market cap company. It closed at $1.32 lastly. It is down 45.94% since January 30, 2017 and is downtrending. It has underperformed by 62.64% the S&P500.
Among 9 analysts covering Teekay Tankers (NYSE:TNK), 4 have Buy rating, 1 Sell and 4 Hold. Therefore 44% are positive. Teekay Tankers had 16 analyst reports since September 4, 2015 according to SRatingsIntel. UBS upgraded Teekay Tankers Ltd. (NYSE:TNK) on Friday, September 4 to “Buy” rating. On Tuesday, September 22 the stock rating was downgraded by Zacks to “Hold”. The rating was initiated by Credit Agricole on Tuesday, December 8 with “Outperform”. On Thursday, April 7 the stock rating was upgraded by JP Morgan to “Neutral”. On Wednesday, May 4 the stock rating was initiated by Seaport Global with “Buy”. The stock of Teekay Tankers Ltd. (NYSE:TNK) earned “Overweight” rating by Barclays Capital on Monday, January 11. As per Friday, November 10, the company rating was maintained by Bank of America. On Wednesday, March 2 the stock rating was initiated by Danske Bank with “Hold”. The firm has “Underperform” rating by Bank of America given on Friday, May 20. The firm has “Buy” rating by Deutsche Bank given on Friday, November 6.
Investors sentiment decreased to 0.96 in 2017 Q3. Its down 0.24, from 1.2 in 2017Q2. It dived, as 15 investors sold TNK shares while 30 reduced holdings. 19 funds opened positions while 24 raised stakes. 50.49 million shares or 8.40% less from 55.11 million shares in 2017Q2 were reported. International Grp Inc has invested 0% in Teekay Tankers Ltd. (NYSE:TNK). Huber Capital Mgmt Lc has 14.38M shares. Voya Invest Mgmt Ltd owns 63,186 shares or 0% of their US portfolio. Fdx Advsrs has invested 0% of its portfolio in Teekay Tankers Ltd. (NYSE:TNK). Signaturefd Ltd Limited Liability Company holds 0.01% of its portfolio in Teekay Tankers Ltd. (NYSE:TNK) for 26,900 shares. Blackrock, a New York-based fund reported 5.69 million shares. Zeke Ltd Liability Co has invested 0% of its portfolio in Teekay Tankers Ltd. (NYSE:TNK). Sg Americas Secs Lc accumulated 16,976 shares. Invesco Ltd holds 0% or 445,826 shares. 161,157 were reported by Alliancebernstein L P. Evergreen Capital Management Ltd Liability owns 213,050 shares or 0.04% of their US portfolio. State Board Of Administration Of Florida Retirement Sys reported 0% of its portfolio in Teekay Tankers Ltd. (NYSE:TNK). Dimensional Fund Lp reported 4.70 million shares stake. Bancorporation Of New York Mellon invested in 0% or 367,147 shares. Macquarie Group Inc Limited owns 535,020 shares or 0% of their US portfolio.
Berson & Corrado Investment Advisors Llc, which manages about $396.59M and $177.71 million US Long portfolio, decreased its stake in Bank Of America Corp (NYSE:BAC) by 25,326 shares to 296,648 shares, valued at $7.52M in 2017Q3, according to the filing. It also reduced its holding in Tronox Ltd Class A by 59,460 shares in the quarter, leaving it with 63,950 shares, and cut its stake in Sector Spdr Health Fund (XLV).
Since September 14, 2017, it had 0 buys, and 6 selling transactions for $23.60 million activity. Shares for $7.94M were sold by Slusher John F on Tuesday, January 2. The insider Matheson Monique S. sold $650,000. 135,000 NIKE, Inc. (NYSE:NKE) shares with value of $8.78M were sold by PARKER MARK G.
Among 44 analysts covering Nike Inc. (NYSE:NKE), 24 have Buy rating, 2 Sell and 18 Hold. Therefore 55% are positive. Nike Inc. had 218 analyst reports since July 29, 2015 according to SRatingsIntel. The stock of NIKE, Inc. (NYSE:NKE) has “Outperform” rating given on Wednesday, December 23 by Telsey Advisory Group. The firm has “Overweight” rating by Atlantic Securities given on Thursday, January 19. The rating was maintained by UBS on Wednesday, September 28 with “Buy”. Argus Research upgraded the stock to “Buy” rating in Thursday, December 14 report. The firm has “Market Perform” rating by Cowen & Co given on Tuesday, December 6. Credit Suisse maintained the shares of NKE in report on Wednesday, June 29 with “Outperform” rating. Piper Jaffray maintained the shares of NKE in report on Friday, September 25 with “Overweight” rating. The company was maintained on Monday, December 12 by UBS. As per Wednesday, September 28, the company rating was maintained by Nomura. The firm has “Buy” rating by M Partners given on Thursday, March 23.
Investors sentiment decreased to 0.8 in 2017 Q3. Its down 0.20, from 1 in 2017Q2. It dropped, as 87 investors sold NKE shares while 457 reduced holdings. 78 funds opened positions while 358 raised stakes. 985.62 million shares or 0.88% less from 994.42 million shares in 2017Q2 were reported. First Republic Inv reported 0.26% stake. Oppenheimer Asset Mngmt reported 43,202 shares. Glovista Limited stated it has 0.05% in NIKE, Inc. (NYSE:NKE). Farmers Comml Bank holds 6,469 shares. First Tru Advsrs Limited Partnership accumulated 0.03% or 244,512 shares. Baldwin Investment Mngmt Limited Liability Corporation holds 0.63% or 32,298 shares in its portfolio. Washington-based Coldstream Mngmt Inc has invested 0.49% in NIKE, Inc. (NYSE:NKE). Spinnaker Tru stated it has 50,822 shares. Braun Stacey Associate Inc holds 4,200 shares or 0.01% of its portfolio. First Foundation Advsr invested in 35,769 shares or 0.11% of the stock. Gillespie Robinson Grimm Incorporated has invested 2.89% in NIKE, Inc. (NYSE:NKE). Cap Limited Ca reported 191,700 shares. Alexandria Capital Lc has invested 0.96% in NIKE, Inc. (NYSE:NKE). Dowling & Yahnke Lc has invested 0.32% of its portfolio in NIKE, Inc. (NYSE:NKE). Moreover, Mufg Americas Hldgs has 0.16% invested in NIKE, Inc. (NYSE:NKE).
The post Berson & Corrado Investment Advisors Holds Stake in Teekay Tankers LTD Cl Af (TNK); Nike Cl B (NKE) Holding Increased by Ar Asset Management Inc appeared first on Stock Market News | HillCountryTimes | Get it Today.
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