As Nike (NKE) Market Value Declined, Fiduciary Financial Services Of The Southwest Has Decreased by $399,840 Its Holding; Tph Asset Management Has Increased Position in Diamondback Energy (FANG) by $6.30 Million as Shares Declined

February 24, 2018 - By Ellis Scott

Fiduciary Financial Services Of The Southwest Inc decreased its stake in Nike Inc (NKE) by 18.29% based on its latest 2017Q3 regulatory filing with the SEC. Fiduciary Financial Services Of The Southwest Inc sold 7,840 shares as the company’s stock declined 8.78% while stock markets rallied. The institutional investor held 35,026 shares of the consumer non-durables company at the end of 2017Q3, valued at $1.82M, down from 42,866 at the end of the previous reported quarter. Fiduciary Financial Services Of The Southwest Inc who had been investing in Nike Inc for a number of months, seems to be less bullish one the $110.89B market cap company. The stock increased 1.53% or $1.03 during the last trading session, reaching $68.16. About 4.43M shares traded. NIKE, Inc. (NYSE:NKE) has declined 9.24% since February 24, 2017 and is downtrending. It has underperformed by 25.94% the S&P500.

Tph Asset Management Llc increased its stake in Diamondback Energy Inc (FANG) by 30.16% based on its latest 2017Q3 regulatory filing with the SEC. Tph Asset Management Llc bought 64,944 shares as the company’s stock declined 4.19% while stock markets rallied. The hedge fund held 280,252 shares of the energy company at the end of 2017Q3, valued at $27.45M, up from 215,308 at the end of the previous reported quarter. Tph Asset Management Llc who had been investing in Diamondback Energy Inc for a number of months, seems to be bullish on the $12.56 billion market cap company. The stock increased 3.75% or $4.62 during the last trading session, reaching $127.93. About 875,989 shares traded. Diamondback Energy, Inc. (NASDAQ:FANG) has risen 18.62% since February 24, 2017 and is uptrending. It has outperformed by 1.92% the S&P500.

Tph Asset Management Llc, which manages about $865.56 million and $892.62M US Long portfolio, decreased its stake in Western Refng Logistics Lp (NYSE:WNRL) by 67,582 shares to 536,204 shares, valued at $13.83 million in 2017Q3, according to the filing. It also reduced its holding in Schlumberger Ltd (NYSE:SLB) by 49,496 shares in the quarter, leaving it with 104,352 shares, and cut its stake in Rice Midstream Partners Lp.

Investors sentiment increased to 1.53 in Q3 2017. Its up 0.32, from 1.21 in 2017Q2. It increased, as 43 investors sold FANG shares while 92 reduced holdings. 64 funds opened positions while 143 raised stakes. 104.84 million shares or 6.40% more from 98.54 million shares in 2017Q2 were reported. Dekabank Deutsche Girozentrale has invested 0.04% of its portfolio in Diamondback Energy, Inc. (NASDAQ:FANG). State Of Alaska Department Of Revenue accumulated 1,940 shares. Aperio Group Limited Liability Corp reported 34,910 shares. Morgan Stanley reported 0.01% stake. M&T Bancorporation Corporation has 0% invested in Diamondback Energy, Inc. (NASDAQ:FANG) for 5,673 shares. Hodges Mngmt stated it has 104,807 shares or 0.69% of all its holdings. Anchor Bolt Capital Ltd Partnership stated it has 0.51% of its portfolio in Diamondback Energy, Inc. (NASDAQ:FANG). Guggenheim Lc has invested 0.02% in Diamondback Energy, Inc. (NASDAQ:FANG). Toronto Dominion Savings Bank invested in 0% or 3,730 shares. Polaris Cap Mngmt Lc invested in 16,670 shares or 0.09% of the stock. Suntrust Banks Inc has invested 0% in Diamondback Energy, Inc. (NASDAQ:FANG). 224 are held by Botty Invsts Limited Liability Corporation. Moreover, Rr Advsrs Lc has 0.69% invested in Diamondback Energy, Inc. (NASDAQ:FANG). Korea owns 53,100 shares or 0.02% of their US portfolio. Boston Private Wealth Ltd Liability Corp holds 0.03% or 8,299 shares in its portfolio.

Since August 30, 2017, it had 0 insider purchases, and 20 insider sales for $23.63 million activity. The insider Stice Travis D. sold $10.91M. Molnar Paul sold $475,177 worth of Diamondback Energy, Inc. (NASDAQ:FANG) on Tuesday, September 19. Pantermuehl Russell sold $387,564 worth of stock or 4,000 shares. On Tuesday, January 16 Hollis Michael L. sold $388,035 worth of Diamondback Energy, Inc. (NASDAQ:FANG) or 3,000 shares. Another trade for 400 shares valued at $44,710 was made by Van’t Hof Matthew Kaes on Tuesday, December 12. $843,801 worth of Diamondback Energy, Inc. (NASDAQ:FANG) was sold by Dick Teresa L. on Friday, February 16.

Among 40 analysts covering Diamondback Energy (NASDAQ:FANG), 35 have Buy rating, 0 Sell and 5 Hold. Therefore 88% are positive. Diamondback Energy had 118 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Diamondback Energy, Inc. (NASDAQ:FANG) has “Buy” rating given on Tuesday, November 17 by Roth Capital. As per Thursday, August 4, the company rating was maintained by SunTrust. The firm earned “Market Perform” rating on Tuesday, September 8 by Cowen & Co. The firm earned “Overweight” rating on Friday, August 14 by KeyBanc Capital Markets. The firm earned “Buy” rating on Tuesday, October 3 by SunTrust. KeyBanc Capital Markets maintained Diamondback Energy, Inc. (NASDAQ:FANG) rating on Monday, August 22. KeyBanc Capital Markets has “Overweight” rating and $110 target. The stock has “Outperform” rating by Northland Capital on Friday, August 7. On Sunday, January 21 the stock rating was maintained by KeyBanc Capital Markets with “Buy”. As per Monday, July 17, the company rating was maintained by Northland Capital. Williams Capital Group maintained Diamondback Energy, Inc. (NASDAQ:FANG) rating on Wednesday, August 2. Williams Capital Group has “Hold” rating and $11400 target.

Analysts await NIKE, Inc. (NYSE:NKE) to report earnings on March, 20. They expect $0.54 earnings per share, down 20.59% or $0.14 from last year’s $0.68 per share. NKE’s profit will be $878.55 million for 31.56 P/E if the $0.54 EPS becomes a reality. After $0.46 actual earnings per share reported by NIKE, Inc. for the previous quarter, Wall Street now forecasts 17.39% EPS growth.

Investors sentiment decreased to 0.8 in Q3 2017. Its down 0.20, from 1 in 2017Q2. It turned negative, 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. Lee Danner And Bass accumulated 6,642 shares. Asset Management One Limited reported 0.26% in NIKE, Inc. (NYSE:NKE). West Oak Capital Limited Liability Corp stated it has 0.11% in NIKE, Inc. (NYSE:NKE). Donaldson Management Ltd reported 64,052 shares. Apg Asset Mgmt Nv accumulated 0.3% or 3.51 million shares. Tocqueville Asset LP invested in 0.01% or 20,219 shares. Whittier Tru Com reported 322,355 shares. Thompson Davis Communications Inc reported 232 shares stake. Univest Corporation Of Pennsylvania accumulated 78,070 shares or 1.71% of the stock. Raub Brock Cap Mgmt LP owns 3.73% invested in NIKE, Inc. (NYSE:NKE) for 280,646 shares. Wealthtrust Fairport Ltd Liability Co owns 45,317 shares for 0.25% of their portfolio. Federated Inc Pa reported 26,928 shares stake. Silvercrest Asset Mgmt Group Ltd Llc holds 0.03% of its portfolio in NIKE, Inc. (NYSE:NKE) for 60,471 shares. Financial Advisory holds 9,740 shares. Macguire Cheswick Tuttle Investment Counsel Lc reported 53,480 shares stake.

Since September 14, 2017, it had 0 buys, and 8 insider sales for $37.22 million activity. PARKER MARK G sold 135,000 shares worth $8.78M. Another trade for 10,000 shares valued at $650,000 was sold by Matheson Monique S.. $855,206 worth of NIKE, Inc. (NYSE:NKE) was sold by RODGERS JOHNATHAN A. Shares for $6.77M were sold by SPRUNK ERIC D. Slusher John F sold 74,278 shares worth $4.75M.

Among 44 analysts covering Nike Inc. (NYSE:NKE), 25 have Buy rating, 2 Sell and 17 Hold. Therefore 57% are positive. Nike Inc. had 222 analyst reports since July 29, 2015 according to SRatingsIntel. B. Riley & Co maintained NIKE, Inc. (NYSE:NKE) on Friday, September 25 with “Buy” rating. The firm has “Hold” rating by Piper Jaffray given on Friday, December 22. As per Thursday, March 23, the company rating was maintained by Instinet. The firm has “Hold” rating given on Wednesday, September 27 by Jefferies. The stock of NIKE, Inc. (NYSE:NKE) earned “Overweight” rating by Morgan Stanley on Wednesday, March 23. The company was maintained on Wednesday, June 29 by DA Davidson. The stock of NIKE, Inc. (NYSE:NKE) earned “Hold” rating by Wedbush on Thursday, December 14. The stock of NIKE, Inc. (NYSE:NKE) has “Underperform” rating given on Monday, October 31 by Bank of America. On Wednesday, September 28 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. The firm has “Market Perform” rating by Wells Fargo given on Tuesday, September 19.

Fiduciary Financial Services Of The Southwest Inc, which manages about $377.04M and $334.14 million US Long portfolio, upped its stake in Northrop Grumman Corp (NYSE:NOC) by 1,983 shares to 7,099 shares, valued at $2.04 million in 2017Q3, according to the filing. It also increased its holding in Amazon Com Inc (NASDAQ:AMZN) by 519 shares in the quarter, for a total of 4,645 shares, and has risen its stake in Nuveen Pfd & Incm Securties (JPS).

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