Hibbett Sports (HIBB) Stock Price Declined While Broadview Advisors Has Trimmed Holding; As Diageo Plc Adr (DEO) Market Valuation Rose, Shareholder Mai Wealth Advisors Has Boosted Position

February 15, 2018 - By Marguerite Chambers

Mai Wealth Advisors increased its stake in Diageo Plc Adr (DEO) by 4.29% based on its latest 2017Q3 regulatory filing with the SEC. Mai Wealth Advisors bought 3,578 shares as the company’s stock rose 5.26% with the market. The hedge fund held 86,885 shares of the beverages (production and distribution) company at the end of 2017Q3, valued at $11.48 million, up from 83,307 at the end of the previous reported quarter. Mai Wealth Advisors who had been investing in Diageo Plc Adr for a number of months, seems to be bullish on the $80.69B market cap company. The stock increased 0.53% or $0.74 during the last trading session, reaching $139.28. About 184,129 shares traded. Diageo plc (NYSE:DEO) has risen 12.82% since February 15, 2017 and is uptrending. It has underperformed by 3.88% the S&P500.

Broadview Advisors Llc decreased its stake in Hibbett Sports Inc (HIBB) by 64.78% based on its latest 2017Q3 regulatory filing with the SEC. Broadview Advisors Llc sold 328,875 shares as the company’s stock declined 19.70% while stock markets rallied. The institutional investor held 178,801 shares of the consumer services company at the end of 2017Q3, valued at $2.55 million, down from 507,676 at the end of the previous reported quarter. Broadview Advisors Llc who had been investing in Hibbett Sports Inc for a number of months, seems to be less bullish one the $482.94M market cap company. The stock decreased 1.75% or $0.45 during the last trading session, reaching $25.3. About 116,023 shares traded. Hibbett Sports, Inc. (NASDAQ:HIBB) has declined 26.07% since February 15, 2017 and is downtrending. It has underperformed by 42.77% the S&P500.

Among 26 analysts covering Diageo (NYSE:DEO), 16 have Buy rating, 3 Sell and 7 Hold. Therefore 62% are positive. Diageo had 42 analyst reports since July 31, 2015 according to SRatingsIntel. The stock of Diageo plc (NYSE:DEO) has “Hold” rating given on Monday, October 3 by Liberum Capital. The stock of Diageo plc (NYSE:DEO) earned “Overweight” rating by JP Morgan on Friday, November 20. The company was maintained on Friday, July 31 by Berenberg. The firm has “Overweight” rating given on Friday, July 31 by Barclays Capital. The firm has “Outperform” rating by Bernstein given on Friday, July 28. The firm has “Sell” rating given on Wednesday, September 23 by Goldman Sachs. The firm earned “Sell” rating on Friday, March 31 by Goldman Sachs. HSBC upgraded Diageo plc (NYSE:DEO) on Wednesday, October 26 to “Buy” rating. On Friday, July 31 the stock rating was maintained by JP Morgan with “Neutral”. The company was reinitiated on Friday, September 16 by Bank of America.

Mai Wealth Advisors, which manages about $3.54 billion and $1.65 billion US Long portfolio, decreased its stake in Boeing Company (NYSE:BA) by 9,283 shares to 62,277 shares, valued at $15.83M in 2017Q3, according to the filing. It also reduced its holding in Genesis Energy Lp (NYSE:GEL) by 48,085 shares in the quarter, leaving it with 16,912 shares, and cut its stake in Energy Transfer Ptnrs Lp.

Broadview Advisors Llc, which manages about $1.12 billion and $685.75 million US Long portfolio, upped its stake in Sensata Technologies Hldg Nv (NYSE:ST) by 106,950 shares to 166,300 shares, valued at $7.99 million in 2017Q3, according to the filing. It also increased its holding in Kraton Corporation (NYSE:KRA) by 25,375 shares in the quarter, for a total of 306,820 shares, and has risen its stake in Urban Outfitters Inc (NASDAQ:URBN).

Analysts await Hibbett Sports, Inc. (NASDAQ:HIBB) to report earnings on March, 9. They expect $0.27 EPS, down 50.00% or $0.27 from last year’s $0.54 per share. HIBB’s profit will be $5.15 million for 23.43 P/E if the $0.27 EPS becomes a reality. After $0.37 actual EPS reported by Hibbett Sports, Inc. for the previous quarter, Wall Street now forecasts -27.03% negative EPS growth.

Investors sentiment decreased to 1.2 in 2017 Q3. Its down 0.04, from 1.24 in 2017Q2. It turned negative, as 25 investors sold HIBB shares while 41 reduced holdings. 29 funds opened positions while 50 raised stakes. 21.24 million shares or 11.48% less from 23.99 million shares in 2017Q2 were reported. Canada Pension Plan Investment Board holds 31,000 shares. Comml Bank Of America Corporation De holds 0% or 79,214 shares. Segall Bryant & Hamill Llc reported 249,344 shares stake. Dean Mngmt holds 1.03% of its portfolio in Hibbett Sports, Inc. (NASDAQ:HIBB) for 155,015 shares. Moreover, Zurcher Kantonalbank (Zurich Cantonalbank) has 0% invested in Hibbett Sports, Inc. (NASDAQ:HIBB). Us Retail Bank De invested in 0% or 186 shares. Schwab Charles Invest Management has invested 0% in Hibbett Sports, Inc. (NASDAQ:HIBB). Voya Inv Llc has 12,007 shares for 0% of their portfolio. Aqr Cap Mngmt Ltd Liability Co invested in 0.01% or 331,057 shares. Swiss Bankshares invested 0% of its portfolio in Hibbett Sports, Inc. (NASDAQ:HIBB). Moreover, Ameriprise Fincl has 0% invested in Hibbett Sports, Inc. (NASDAQ:HIBB). Kbc Group Inc Nv reported 81,889 shares. Art Advisors Lc has invested 0.19% in Hibbett Sports, Inc. (NASDAQ:HIBB). Thrivent Finance For Lutherans stated it has 12,904 shares. Parametric Portfolio Assoc Ltd Liability Corp stated it has 270,679 shares or 0% of all its holdings.

Among 21 analysts covering Hibbett Sports (NASDAQ:HIBB), 6 have Buy rating, 2 Sell and 13 Hold. Therefore 29% are positive. Hibbett Sports had 61 analyst reports since July 29, 2015 according to SRatingsIntel. The company was maintained on Monday, August 24 by BMO Capital Markets. The rating was downgraded by Bank of America to “Underperform” on Wednesday, April 6. The stock of Hibbett Sports, Inc. (NASDAQ:HIBB) has “Sell” rating given on Monday, August 28 by Forward View Consulting. As per Friday, August 12, the company rating was initiated by Susquehanna. Canaccord Genuity upgraded the shares of HIBB in report on Monday, January 8 to “Buy” rating. Bank of America maintained the shares of HIBB in report on Monday, November 20 with “Underperform” rating. Robert W. Baird maintained Hibbett Sports, Inc. (NASDAQ:HIBB) rating on Tuesday, January 2. Robert W. Baird has “Hold” rating and $21.0 target. B. Riley & Co initiated it with “Neutral” rating and $34 target in Friday, December 18 report. The rating was maintained by BMO Capital Markets on Friday, August 18 with “Hold”. The company was downgraded on Tuesday, March 15 by Goldman Sachs.

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