Cabot (CBT) Shares Declined While Fiduciary Trust Company Has Trimmed by $433,100 Its Stake; Nike (NKE) Stock Price Rose While Brighton Jones Boosted by $568,602 Its Stake

April 22, 2018 - By Adrian Erickson

NIKE, Inc. (NYSE:NKE) Logo

Brighton Jones Llc increased its stake in Nike Inc (NKE) by 39.11% based on its latest 2017Q4 regulatory filing with the SEC. Brighton Jones Llc bought 9,171 shares as the company’s stock rose 4.55% while stock markets declined. The institutional investor held 32,618 shares of the consumer non-durables company at the end of 2017Q4, valued at $2.04M, up from 23,447 at the end of the previous reported quarter. Brighton Jones Llc who had been investing in Nike Inc for a number of months, seems to be bullish on the $106.52B market cap company. The stock increased 0.55% or $0.36 during the last trading session, reaching $66.09. About 10.40M shares traded or 28.33% up from the average. NIKE, Inc. (NYSE:NKE) has risen 18.31% since April 22, 2017 and is uptrending. It has outperformed by 6.76% the S&P500.

Fiduciary Trust Company decreased its stake in Cabot Corp (CBT) by 0.61% based on its latest 2017Q4 regulatory filing with the SEC. Fiduciary Trust Company sold 7,100 shares as the company’s stock declined 11.84% with the market. The institutional investor held 1.16M shares of the major chemicals company at the end of 2017Q4, valued at $71.21M, down from 1.16M at the end of the previous reported quarter. Fiduciary Trust Company who had been investing in Cabot Corp for a number of months, seems to be less bullish one the $3.51 billion market cap company. The stock increased 0.21% or $0.12 during the last trading session, reaching $56.84. About 316,153 shares traded. Cabot Corporation (NYSE:CBT) has declined 5.91% since April 22, 2017 and is downtrending. It has underperformed by 17.46% the S&P500.

Since December 11, 2017, it had 0 insider purchases, and 8 selling transactions for $45.81 million activity. Matheson Monique S. also sold $650,000 worth of NIKE, Inc. (NYSE:NKE) shares. PARKER MARK G sold $9.45 million worth of stock or 135,000 shares. Shares for $4.75 million were sold by Slusher John F on Friday, January 5. Another trade for 100,000 shares valued at $6.85 million was made by EDWARDS TREVOR A on Wednesday, January 31.

Among 44 analysts covering Nike Inc. (NYSE:NKE), 25 have Buy rating, 2 Sell and 17 Hold. Therefore 57% are positive. Nike Inc. had 233 analyst reports since July 29, 2015 according to SRatingsIntel. The stock has “Buy” rating by DA Davidson on Tuesday, December 26. The firm earned “Buy” rating on Friday, March 23 by Nomura. The stock has “Buy” rating by Macquarie Research on Thursday, January 11. The rating was maintained by Jefferies on Friday, September 25 with “Buy”. The stock of NIKE, Inc. (NYSE:NKE) earned “Overweight” rating by Piper Jaffray on Wednesday, June 29. The rating was maintained by Barclays Capital with “Overweight” on Wednesday, September 28. The stock of NIKE, Inc. (NYSE:NKE) has “Outperform” rating given on Friday, June 30 by Telsey Advisory Group. The firm earned “Hold” rating on Thursday, March 23 by Oppenheimer. Stifel Nicolaus maintained it with “Buy” rating and $8000 target in Friday, March 23 report. The firm has “Outperform” rating given on Wednesday, December 21 by Telsey Advisory Group.

Brighton Jones Llc, which manages about $2.52 billion and $825.30 million US Long portfolio, decreased its stake in Ishares Msci Eafe Index (EFA) by 11,306 shares to 243,450 shares, valued at $17.12M in 2017Q4, according to the filing. It also reduced its holding in Select Sector Spdr Tr Health Care Former (XLV) by 4,668 shares in the quarter, leaving it with 2,501 shares, and cut its stake in Ishares Russell 1000 Index (IWB).

Investors sentiment decreased to 0.74 in 2017 Q4. Its down 0.06, from 0.8 in 2017Q3. It dived, as 70 investors sold NKE shares while 501 reduced holdings. 109 funds opened positions while 312 raised stakes. 1.01 billion shares or 2.95% more from 985.62 million shares in 2017Q3 were reported. Rosenblum Silverman Sutton S F Inc Ca owns 21,562 shares. Guggenheim Capital Llc stated it has 793,393 shares or 0.12% of all its holdings. Sand Hill Global Limited Liability Company owns 91,723 shares for 0.57% of their portfolio. Eulav Asset Management holds 0.36% or 122,000 shares in its portfolio. Calamos Limited Com has invested 0.11% of its portfolio in NIKE, Inc. (NYSE:NKE). Park Circle owns 800 shares. Dimensional Fund Advsrs Ltd Partnership invested in 3.20 million shares. Hbk Sorce Advisory Ltd Liability invested 0.12% in NIKE, Inc. (NYSE:NKE). Eqis Cap owns 0.19% invested in NIKE, Inc. (NYSE:NKE) for 58,204 shares. Regentatlantic Capital Ltd Liability Corp holds 0.44% of its portfolio in NIKE, Inc. (NYSE:NKE) for 86,295 shares. Northstar Grp Incorporated has invested 0.79% in NIKE, Inc. (NYSE:NKE). Natl Bank Of Hawaii owns 13,180 shares or 0.07% of their US portfolio. Brighton Jones Ltd Co invested in 0.25% or 32,618 shares. Gofen Glossberg Ltd Llc Il holds 0.77% or 346,153 shares in its portfolio. Winslow Cap Mngmt Ltd Liability invested in 1.72% or 4.98M shares.

Fiduciary Trust Company, which manages about $3.36B US Long portfolio, upped its stake in Ishares Tr (IBB) by 21,123 shares to 31,914 shares, valued at $3.41M in 2017Q4, according to the filing. It also increased its holding in Paypal Hldgs Inc by 5,954 shares in the quarter, for a total of 18,834 shares, and has risen its stake in Ishares Tr (IJR).

Among 13 analysts covering Cabot (NYSE:CBT), 10 have Buy rating, 0 Sell and 3 Hold. Therefore 77% are positive. Cabot had 28 analyst reports since August 13, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, December 10 by BB&T Capital. The rating was maintained by Jefferies on Thursday, June 8 with “Buy”. The stock of Cabot Corporation (NYSE:CBT) earned “Buy” rating by Jefferies on Thursday, February 8. The firm earned “Hold” rating on Tuesday, April 17 by Robert W. Baird. The rating was upgraded by Zacks to “Sell” on Tuesday, September 1. JP Morgan upgraded the shares of CBT in report on Tuesday, August 15 to “Overweight” rating. As per Monday, February 12, the company rating was maintained by Northcoast. The rating was maintained by KeyBanc Capital Markets with “Hold” on Wednesday, September 6. Jefferies maintained the shares of CBT in report on Monday, August 14 with “Buy” rating. The stock has “Neutral” rating by SunTrust on Tuesday, August 2.

Investors sentiment increased to 1.07 in Q4 2017. Its up 0.08, from 0.99 in 2017Q3. It increased, as 16 investors sold CBT shares while 96 reduced holdings. 41 funds opened positions while 79 raised stakes. 51.73 million shares or 0.23% less from 51.85 million shares in 2017Q3 were reported. California Employees Retirement Sys has 133,307 shares. Wedge Capital Mngmt L LP Nc holds 314,781 shares. Eastern Fincl Bank invested in 108,234 shares or 0.45% of the stock. 341,600 are held by Deutsche Bancshares Ag. Hillcrest Asset Management Ltd Co holds 1.69% of its portfolio in Cabot Corporation (NYSE:CBT) for 152,385 shares. Nomura Holding owns 3,806 shares. Financial Counselors reported 14,238 shares. Pub Employees Retirement Association Of Colorado holds 0% in Cabot Corporation (NYSE:CBT) or 12,097 shares. Icon Advisers holds 7,000 shares or 0.03% of its portfolio. Highbridge Cap Management Limited Liability Company reported 0.02% stake. 259,671 were accumulated by First Tru Advsrs Lp. Evercore Wealth Management Ltd Liability Com has invested 0.02% in Cabot Corporation (NYSE:CBT). Hsbc Holding Public Ltd Co stated it has 25,403 shares or 0% of all its holdings. Amalgamated National Bank holds 12,361 shares. Laurion Cap Management Lp stated it has 18,648 shares or 0.01% of all its holdings.

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

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