Ycg Upped Nike (NKE) Position; Dragoneer Investment Group Has Decreased 58 Com (WUBA) Stake

May 21, 2018 - By Linda Rogers

NIKE, Inc. (NYSE:NKE) Logo

Dragoneer Investment Group Llc decreased 58 Com Inc (WUBA) stake by 20.36% reported in 2017Q4 SEC filing. Dragoneer Investment Group Llc sold 230,500 shares as 58 Com Inc (WUBA)’s stock rose 12.75%. The Dragoneer Investment Group Llc holds 901,368 shares with $64.51M value, down from 1.13M last quarter. 58 Com Inc now has $14.63 billion valuation. The stock increased 2.62% or $2.17 during the last trading session, reaching $85.33. About 12,701 shares traded. 58.com Inc. (NYSE:WUBA) has risen 114.05% since May 21, 2017 and is uptrending. It has outperformed by 102.50% the S&P500.

Ycg Llc increased Nike Inc (NKE) stake by 17.93% reported in 2017Q4 SEC filing. Ycg Llc acquired 59,271 shares as Nike Inc (NKE)’s stock rose 4.55%. The Ycg Llc holds 389,806 shares with $24.49 million value, up from 330,535 last quarter. Nike Inc now has $115.31B valuation. The stock increased 0.31% or $0.22 during the last trading session, reaching $71.54. About 290,229 shares traded. NIKE, Inc. (NYSE:NKE) has risen 18.31% since May 21, 2017 and is uptrending. It has outperformed by 6.76% the S&P500.

Ycg Llc decreased Msci Inc. (NYSE:MSCI) stake by 15,812 shares to 146,988 valued at $18.67 million in 2017Q4. It also reduced Mastercard Inc (NYSE:MA) stake by 4,804 shares and now owns 201,903 shares. Wells Fargo & Co New (NYSE:WFC) was reduced too.

More notable recent NIKE, Inc. (NYSE:NKE) news were published by: Seekingalpha.com which released: “Nike breaks to new all-time high” on May 16, 2018, also Bizjournals.com with their article: “Michael Jordan, Nike to steer jersey sale proceeds toward Portland nonprofit” published on May 17, 2018, Bizjournals.com published: “Nike leadership shuffle continues with new leaders for women’s, running categories” on May 08, 2018. More interesting news about NIKE, Inc. (NYSE:NKE) were released by: Bizjournals.com and their article: “A former Nike executive launches Portland’s first luxury women’s sportswear company” published on May 09, 2018 as well as Bizjournals.com‘s news article titled: “Exclusive: Nike promotes second senior female manager in continued leadership shakeup” with publication date: April 28, 2018.

Among 44 analysts covering Nike Inc. (NYSE:NKE), 26 have Buy rating, 2 Sell and 16 Hold. Therefore 59% are positive. Nike Inc. had 235 analyst reports since July 29, 2015 according to SRatingsIntel. Stifel Nicolaus maintained it with “Buy” rating and $68 target in Wednesday, September 28 report. The stock of NIKE, Inc. (NYSE:NKE) earned “Overweight” rating by Morgan Stanley on Thursday, July 20. Jefferies maintained it with “Buy” rating and $75.0 target in Tuesday, August 15 report. The rating was maintained by Piper Jaffray on Thursday, July 27 with “Buy”. The stock has “Buy” rating by UBS on Wednesday, September 28. The stock has “Hold” rating by Piper Jaffray on Friday, December 22. On Tuesday, December 6 the stock rating was downgraded by Cowen & Co to “Market Perform”. The firm has “Market Perform” rating by Wells Fargo given on Wednesday, September 28. The firm has “Outperform” rating given on Wednesday, December 28 by Credit Suisse. The rating was maintained by Stifel Nicolaus on Thursday, December 14 with “Buy”.

Investors sentiment decreased to 0.74 in Q4 2017. Its down 0.06, from 0.8 in 2017Q3. It fall, 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. Violich Capital Management Inc reported 123,137 shares. Coastline Trust reported 71,155 shares or 0.67% of all its holdings. The Sweden-based Nordea Investment Mngmt has invested 0.05% in NIKE, Inc. (NYSE:NKE). Winslow Evans & Crocker owns 0.15% invested in NIKE, Inc. (NYSE:NKE) for 7,320 shares. Guardian Capital Advsrs Ltd Partnership holds 0.12% or 13,595 shares in its portfolio. Louisiana State Employees Retirement Sys reported 0.23% of its portfolio in NIKE, Inc. (NYSE:NKE). Perkins Coie Trust Company has 0.04% invested in NIKE, Inc. (NYSE:NKE) for 1,166 shares. Ascend Cap Ltd Liability Corporation holds 0.15% or 63,939 shares. Headinvest Ltd Limited Liability Company reported 6,726 shares stake. 46,525 were reported by Balyasny Asset Mgmt Ltd Co. Ruggie Gp holds 0.02% in NIKE, Inc. (NYSE:NKE) or 572 shares. Sumitomo Mitsui Tru has 0.32% invested in NIKE, Inc. (NYSE:NKE). Bb&T Securities Lc stated it has 63,739 shares. Plante Moran Advsr Lc reported 0.08% of its portfolio in NIKE, Inc. (NYSE:NKE). Moreover, Rockland Tru has 1.34% invested in NIKE, Inc. (NYSE:NKE) for 166,004 shares.

Since December 11, 2017, it had 0 insider purchases, and 8 selling transactions for $45.81 million activity. $4.75 million worth of NIKE, Inc. (NYSE:NKE) shares were sold by Slusher John F. $650,000 worth of NIKE, Inc. (NYSE:NKE) shares were sold by Matheson Monique S.. 135,000 shares were sold by PARKER MARK G, worth $9.45 million. EDWARDS TREVOR A also sold $6.85M worth of NIKE, Inc. (NYSE:NKE) shares. On Monday, January 29 SPRUNK ERIC D sold $6.77 million worth of NIKE, Inc. (NYSE:NKE) or 100,000 shares.

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By1 Linda Rogers

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