Michael Endres an Insider in Worthington Industries, Inc. (WOR), Paid for 3,000 Shares; Skechers U.S.A. (SKX) Shorts Increased By 10.12%

April 6, 2018 - By rebbecca

Skechers U.S.A., Inc. (NYSE:SKX) Logo

Skechers U.S.A. Inc (NYSE:SKX) had an increase of 10.12% in short interest. SKX’s SI was 6.28 million shares in April as released by FINRA. Its up 10.12% from 5.71M shares previously. With 1.65M avg volume, 4 days are for Skechers U.S.A. Inc (NYSE:SKX)’s short sellers to cover SKX’s short positions. The SI to Skechers U.S.A. Inc’s float is 4.82%. The stock increased 2.52% or $1.01 during the last trading session, reaching $41.02. About 1.60M shares traded. Skechers U.S.A., Inc. (NYSE:SKX) has risen 33.31% since April 6, 2017 and is uptrending. It has outperformed by 21.76% the S&P500.

Among 19 analysts covering Skechers Usa Inc. (NYSE:SKX), 16 have Buy rating, 0 Sell and 3 Hold. Therefore 84% are positive. Skechers Usa Inc. had 65 analyst reports since July 22, 2015 according to SRatingsIntel. The company was initiated on Wednesday, November 2 by Wedbush. As per Friday, December 23, the company rating was upgraded by Monness Crespi & Hardt. Argus Research initiated it with “Buy” rating and $155 target in Tuesday, October 13 report. The company was downgraded on Friday, January 22 by Susquehanna. The stock of Skechers U.S.A., Inc. (NYSE:SKX) earned “Buy” rating by FBR Capital on Tuesday, February 6. The rating was downgraded by B. Riley & Co on Thursday, November 3 to “Neutral”. The firm earned “Buy” rating on Thursday, July 30 by B. Riley & Co. The firm earned “Buy” rating on Monday, September 25 by Buckingham Research. As per Friday, October 20, the company rating was upgraded by Wedbush. Susquehanna downgraded Skechers U.S.A., Inc. (NYSE:SKX) on Wednesday, March 29 to “Negative” rating.

Skechers U.S.A., Inc. designs, develops, markets, and distributes footwear for men, women, and children; and performance footwear for men and women under the Skechers GO brand worldwide. The company has market cap of $6.57 billion. It operates through three divisions: Domestic Wholesale Sales, International Wholesale Sales, and Retail Sales. It has a 35.98 P/E ratio. The firm offers casual boots, shoes, and sandals for men; oxfords and slip-ons, lug outsole and fashion boots, and casual sandals for women; dress casuals, seasonal sandals and boots, classic and wide fit, and relaxed fit casuals for men and women; and casual fusion line for young men and women under the Skechers USA brand.

Investors sentiment increased to 1.34 in Q4 2017. Its up 0.07, from 1.27 in 2017Q3. It improved, as 25 investors sold Skechers U.S.A., Inc. shares while 86 reduced holdings. 76 funds opened positions while 73 raised stakes. 110.47 million shares or 8.33% more from 101.97 million shares in 2017Q3 were reported. Smithfield Trust reported 0% of its portfolio in Skechers U.S.A., Inc. (NYSE:SKX). Arizona State Retirement Systems stated it has 0.04% in Skechers U.S.A., Inc. (NYSE:SKX). Lpl Fincl has invested 0% in Skechers U.S.A., Inc. (NYSE:SKX). Jefferies Ltd Liability Company invested 0.1% of its portfolio in Skechers U.S.A., Inc. (NYSE:SKX). Intact Investment Inc has invested 0.01% in Skechers U.S.A., Inc. (NYSE:SKX). Point72 Asia (Hong Kong) Limited holds 0% in Skechers U.S.A., Inc. (NYSE:SKX) or 35 shares. Kbc Grp Inc Nv has invested 0.04% in Skechers U.S.A., Inc. (NYSE:SKX). Teacher Retirement System Of Texas has invested 0.01% in Skechers U.S.A., Inc. (NYSE:SKX). Emerald Advisers Incorporated Pa, a Pennsylvania-based fund reported 15,730 shares. Cibc Asset Inc invested in 0% or 5,339 shares. Amica Pension Fund Board Of Trustees holds 0.52% or 119,083 shares. New Mexico Educational Retirement Board reported 33,100 shares stake. Amundi Pioneer Asset Management Incorporated holds 0% or 11,968 shares in its portfolio. Royal Bank & Trust Of Canada has 0% invested in Skechers U.S.A., Inc. (NYSE:SKX) for 40,548 shares. State Of Alaska Department Of Revenue holds 0.01% in Skechers U.S.A., Inc. (NYSE:SKX) or 8,500 shares.

Since October 24, 2017, it had 0 insider buys, and 7 sales for $4.79 million activity. PACCIONE PHILLIP sold 17,432 shares worth $663,113. Shares for $134,620 were sold by Erlich Morton D. NASON MARK A sold $673,687 worth of Skechers U.S.A., Inc. (NYSE:SKX) on Friday, March 2. SISKIND RICHARD also sold $851,700 worth of Skechers U.S.A., Inc. (NYSE:SKX) shares. GREENBERG ROBERT sold $1.53M worth of stock. WEINBERG DAVID had sold 23,183 shares worth $935,158 on Friday, March 2.

The stock increased 2.34% or $0.95 during the last trading session, reaching $41.55. About 440,068 shares traded or 40.15% up from the average. Worthington Industries, Inc. (NYSE:WOR) has declined 16.89% since April 6, 2017 and is downtrending. It has underperformed by 28.44% the S&P500.

Among 3 analysts covering Worthington Industries (NYSE:WOR), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. Worthington Industries has $4700 highest and $30 lowest target. $40.50’s average target is -2.53% below currents $41.55 stock price. Worthington Industries had 14 analyst reports since August 27, 2015 according to SRatingsIntel. The rating was maintained by JP Morgan on Thursday, March 24 with “Neutral”. The stock has “Hold” rating by Zacks on Thursday, August 27. The firm has “Underperform” rating given on Monday, December 12 by Jefferies. The rating was upgraded by Macquarie Research to “Neutral” on Tuesday, March 14. The company was upgraded on Tuesday, April 4 by Jefferies. The company was maintained on Thursday, September 29 by Jefferies. The company was maintained on Thursday, March 30 by Jefferies. Macquarie Research downgraded Worthington Industries, Inc. (NYSE:WOR) on Tuesday, November 29 to “Underperform” rating. The company was maintained on Thursday, March 29 by Jefferies. Jefferies maintained the stock with “Hold” rating in Wednesday, September 6 report.

Since October 19, 2017, it had 0 insider buys, and 2 sales for $669,380 activity. 6,874 shares were sold by BRINKMAN DALE T, worth $332,180 on Wednesday, January 24. The insider LAMPRINAKOS JOHN G sold $337,200.

Investors sentiment decreased to 0.93 in Q4 2017. Its down 0.27, from 1.2 in 2017Q3. It dropped, as 31 investors sold Worthington Industries, Inc. shares while 71 reduced holdings. 36 funds opened positions while 59 raised stakes. 31.16 million shares or 3.79% less from 32.39 million shares in 2017Q3 were reported. Texas-based Dimensional Fund Advsr Lp has invested 0.03% in Worthington Industries, Inc. (NYSE:WOR). Royal Comml Bank Of Canada holds 24,370 shares or 0% of its portfolio. Retirement Sys Of Alabama owns 0.01% invested in Worthington Industries, Inc. (NYSE:WOR) for 57,812 shares. Minnesota-based Us Bancshares De has invested 0% in Worthington Industries, Inc. (NYSE:WOR). Ls Invest Advisors Lc invested 0.01% in Worthington Industries, Inc. (NYSE:WOR). Moreover, Cornercap Counsel has 0.21% invested in Worthington Industries, Inc. (NYSE:WOR). Geode Limited Liability owns 389,101 shares. Bnp Paribas Arbitrage reported 19,890 shares. Gp owns 121,569 shares for 0.02% of their portfolio. 95,608 are owned by New York State Teachers Retirement System. Barclays Public Limited Company owns 0% invested in Worthington Industries, Inc. (NYSE:WOR) for 19,007 shares. Ing Groep Nv reported 6,746 shares stake. Budros Ruhlin And Roe Inc has 10,675 shares. Koch holds 9,579 shares. Alphaone Investment Svcs Llc, Pennsylvania-based fund reported 2,228 shares.

Worthington Industries, Inc. (NYSE:WOR) Institutional Positions Chart