Michael Crimmins Insider Trade for 898 Shares of Moody's (MCO); Hanesbrands (HBI) Sentiment Is 1.11

May 16, 2018 - By Shannon Black

Hanesbrands Inc. (NYSE:HBI) Logo

Hanesbrands Inc (HBI) investors sentiment decreased to 1.11 in 2017 Q4. It’s down -0.04, from 1.15 in 2017Q3. The ratio turned negative, as 276 funds increased or started new holdings, while 248 sold and reduced their stakes in Hanesbrands Inc. The funds in our database now have: 337.77 million shares, up from 334.65 million shares in 2017Q3. Also, the number of funds holding Hanesbrands Inc in top ten holdings decreased from 9 to 6 for a decrease of 3. Sold All: 75 Reduced: 173 Increased: 197 New Position: 79.

Hanesbrands Inc., a consumer goods company, designs, makes, sources, and sells various basic apparel for men, women, and children in the United States. The company has market cap of $6.37 billion. The firm operates through four divisions: Innerwear, Activewear, Direct to Consumer, and International. It has a 107.8 P/E ratio. It sells bras, panties, shapewears, hosiery, menÂ’s underwear, childrenÂ’s underwear, and socks; and other activewear, such as T-shirts, fleece, sport shirts, performance T-shirts and shorts, sports bras, and thermals, as well as licensed logo apparel in collegiate bookstores, mass retailers, and other channels.

Since January 1, 0001, it had 0 insider buys, and 1 sale for $1.07 million activity.

Analysts await Hanesbrands Inc. (NYSE:HBI) to report earnings on August, 7. They expect $0.46 earnings per share, down 13.21% or $0.07 from last year’s $0.53 per share. HBI’s profit will be $165.76M for 9.61 P/E if the $0.46 EPS becomes a reality. After $0.26 actual earnings per share reported by Hanesbrands Inc. for the previous quarter, Wall Street now forecasts 76.92% EPS growth.

More notable recent Hanesbrands Inc. (NYSE:HBI) news were published by: Seekingalpha.com which released: “Hanesbrands: Honing In On A Swing Low” on May 15, 2018, also Streetinsider.com with their article: “Hanesbrands (HBI) PT Lowered to $19 at Nomura/Instinet on ‘Secular Headwinds’ Following Analyst Day” published on May 16, 2018, Seekingalpha.com published: “Hanesbrands: A Defensive Cash Cow” on May 08, 2018. More interesting news about Hanesbrands Inc. (NYSE:HBI) were released by: Seekingalpha.com and their article: “HanesBrands: Value-Investor Opportunity” published on April 25, 2018 as well as Seekingalpha.com‘s news article titled: “Why Hanesbrands Is Falling” with publication date: May 03, 2018.

The stock increased 2.37% or $0.41 during the last trading session, reaching $17.68. About 5.43 million shares traded. Hanesbrands Inc. (HBI) has declined 8.16% since May 16, 2017 and is downtrending. It has underperformed by 19.71% the S&P500.

Chieftain Capital Management Inc. holds 17.75% of its portfolio in Hanesbrands Inc. for 12.49 million shares. Dudley & Shanley Llc owns 1.32 million shares or 6.18% of their US portfolio. Moreover, Timucuan Asset Management Inc Fl has 4.29% invested in the company for 2.59 million shares. The Ontario – Canada-based Cumberland Partners Ltd has invested 4.23% in the stock. Clark Estates Inc Ny, a New York-based fund reported 1.10 million shares.

Ratings analysis reveals 60% of Hanesbrands’s analysts are positive. Out of 5 Wall Street analysts rating Hanesbrands, 3 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $23.0 while the high is $33.0. The stock’s average target of $27 is 52.71% above today’s ($17.68) share price. HBI was included in 5 notes of analysts from December 12, 2016. The firm has “Buy” rating by CL King given on Monday, December 12. Stifel Nicolaus maintained the stock with “Hold” rating in Friday, February 3 report. The firm has “Equal-Weight” rating given on Monday, February 27 by Morgan Stanley. The rating was maintained by UBS with “Buy” on Friday, February 3. The firm has “Outperform” rating by FBR Capital given on Friday, February 3.

The stock increased 0.84% or $1.43 during the last trading session, reaching $172.32. About 390,844 shares traded. Moody's Corporation (NYSE:MCO) has risen 43.20% since May 16, 2017 and is uptrending. It has outperformed by 31.65% the S&P500.

Moody's Corporation provides credit ratings; and credit, capital markets, and economic related research, data, and analytical tools worldwide. The company has market cap of $33.07 billion. It operates through two divisions, Moody's Investors Service and Moody's Analytics. It has a 33.46 P/E ratio. The Moody's Investors Service segment publishes credit ratings on various debt obligations and entities that issue such obligations comprising various corporate and governmental obligations, structured finance securities, and commercial paper programs.

Investors sentiment increased to 1.35 in Q4 2017. Its up 0.34, from 1.01 in 2017Q3. It improved, as 28 investors sold Moody's Corporation shares while 162 reduced holdings. 84 funds opened positions while 172 raised stakes. 158.40 million shares or 0.16% more from 158.15 million shares in 2017Q3 were reported. Rampart Inv Mngmt Ltd Com, Massachusetts-based fund reported 2,246 shares. Arizona State Retirement Sys has 0.09% invested in Moody's Corporation (NYSE:MCO). Pnc Finance Services Grp Incorporated invested 0.04% of its portfolio in Moody's Corporation (NYSE:MCO). Pennsylvania-based Rodgers Brothers has invested 0.13% in Moody's Corporation (NYSE:MCO). Lmr Ptnrs Ltd Liability Partnership has 0.2% invested in Moody's Corporation (NYSE:MCO). Acadian Asset Mgmt Limited Company invested 0% of its portfolio in Moody's Corporation (NYSE:MCO). Loring Wolcott Coolidge Fiduciary Advsrs Limited Liability Partnership Ma holds 0.01% of its portfolio in Moody's Corporation (NYSE:MCO) for 2,469 shares. Commonwealth Of Pennsylvania School Empls Retrmt System invested 0.03% of its portfolio in Moody's Corporation (NYSE:MCO). First Commonwealth Fin Pa owns 1,840 shares. Cleararc Cap invested 0.08% of its portfolio in Moody's Corporation (NYSE:MCO). Harris Assocs L P invested 0.89% in Moody's Corporation (NYSE:MCO). Exxonmobil Tx invested in 0.11% or 26,436 shares. 46,139 are owned by Cibc Asset Mgmt. Raymond James Svcs Advsrs holds 0.01% or 6,948 shares. Bluemountain Capital Llc invested 0.01% in Moody's Corporation (NYSE:MCO).

Analysts await Moody's Corporation (NYSE:MCO) to report earnings on July, 20. They expect $1.87 EPS, up 23.84% or $0.36 from last year’s $1.51 per share. MCO’s profit will be $358.85 million for 23.04 P/E if the $1.87 EPS becomes a reality. After $2.02 actual EPS reported by Moody's Corporation for the previous quarter, Wall Street now forecasts -7.43% negative EPS growth.

Among 14 analysts covering Moody’s (NYSE:MCO), 3 have Buy rating, 0 Sell and 11 Hold. Therefore 21% are positive. Moody’s has $203.0 highest and $16 lowest target. $158.79’s average target is -7.85% below currents $172.32 stock price. Moody’s had 55 analyst reports since October 5, 2015 according to SRatingsIntel. On Monday, April 30 the stock rating was maintained by BMO Capital Markets with “Market Perform”. Argus Research initiated the shares of MCO in report on Monday, October 5 with “Buy” rating. BMO Capital Markets maintained Moody's Corporation (NYSE:MCO) on Friday, October 13 with “Hold” rating. Barclays Capital maintained the shares of MCO in report on Friday, April 28 with “Hold” rating. The company was maintained on Monday, February 12 by BMO Capital Markets. The stock has “Equal-Weight” rating by Barclays Capital on Friday, September 15. Barclays Capital maintained the shares of MCO in report on Tuesday, October 6 with “Overweight” rating. The firm earned “Overweight” rating on Monday, November 2 by Piper Jaffray. The rating was maintained by Barclays Capital on Monday, February 12 with “Overweight”. The rating was maintained by Barclays Capital with “Overweight” on Monday, February 8.

More news for Moody's Corporation (NYSE:MCO) were recently published by: Streetinsider.com, which released: “Buffett’s Berkshire 13F Confirms Increase in Apple (AAPL) Stake Along with Increase in Holdings of Teva (TEVA) (More..)” on May 15, 2018. Seekingalpha.com‘s article titled: “Moody’s Corporation 2018 Q1 – Results – Earnings Call Slides” and published on April 30, 2018 is yet another important article.

Moody's Corporation (NYSE:MCO) Institutional Positions Chart