Adams Asset Advisors Increases Position in Superior Industries (SUP); Tealwood Asset Management Has Boosted Hanesbrands (HBI) Stake by $3.90 Million

January 13, 2018 - By Adrian Mccoy

Adams Asset Advisors Llc increased its stake in Superior Industries (SUP) by 55.14% based on its latest 2017Q3 regulatory filing with the SEC. Adams Asset Advisors Llc bought 20,000 shares as the company’s stock declined 18.91% while stock markets rallied. The institutional investor held 56,269 shares of the capital goods company at the end of 2017Q3, valued at $936,000, up from 36,269 at the end of the previous reported quarter. Adams Asset Advisors Llc who had been investing in Superior Industries for a number of months, seems to be bullish on the $410.97M market cap company. The stock decreased 1.20% or $0.2 during the last trading session, reaching $16.5. About 215,759 shares traded or 34.89% up from the average. Superior Industries International, Inc. (NYSE:SUP) has declined 26.98% since January 13, 2017 and is downtrending. It has underperformed by 43.68% the S&P500.

Tealwood Asset Management Inc increased its stake in Hanesbrands Inc (HBI) by 249.19% based on its latest 2017Q3 regulatory filing with the SEC. Tealwood Asset Management Inc bought 162,460 shares as the company’s stock declined 1.43% while stock markets rallied. The institutional investor held 227,655 shares of the clothing and shoe and accessory stores company at the end of 2017Q3, valued at $5.61M, up from 65,195 at the end of the previous reported quarter. Tealwood Asset Management Inc who had been investing in Hanesbrands Inc for a number of months, seems to be bullish on the $8.17B market cap company. The stock increased 0.36% or $0.08 during the last trading session, reaching $22.42. About 3.89 million shares traded. Hanesbrands Inc. (NYSE:HBI) has declined 23.23% since January 13, 2017 and is downtrending. It has underperformed by 39.93% the S&P500.




Among 18 analysts covering Hanesbrands (NYSE:HBI), 10 have Buy rating, 0 Sell and 8 Hold. Therefore 56% are positive. Hanesbrands had 49 analyst reports since September 17, 2015 according to SRatingsIntel. The firm earned “Equal-Weight” rating on Monday, August 7 by Morgan Stanley. Stifel Nicolaus maintained Hanesbrands Inc. (NYSE:HBI) rating on Monday, September 25. Stifel Nicolaus has “Hold” rating and $23.0 target. The company was upgraded on Monday, January 11 by Nomura. Citigroup downgraded Hanesbrands Inc. (NYSE:HBI) on Tuesday, December 19 to “Neutral” rating. Stifel Nicolaus maintained Hanesbrands Inc. (NYSE:HBI) rating on Thursday, November 2. Stifel Nicolaus has “Hold” rating and $23.0 target. The rating was maintained by Buckingham Research with “Buy” on Thursday, November 2. The firm has “Market Perform” rating given on Wednesday, October 12 by Cowen & Co. As per Tuesday, October 24, the company rating was downgraded by Oppenheimer. Goldman Sachs upgraded the shares of HBI in report on Friday, December 4 to “Conviction Buy” rating. The company was downgraded on Thursday, September 21 by Nomura.

Since August 4, 2017, it had 0 insider purchases, and 2 insider sales for $732,156 activity. 10,325 Hanesbrands Inc. (NYSE:HBI) shares with value of $250,536 were sold by Marsh John T..

Investors sentiment decreased to 1.15 in 2017 Q3. Its down 0.18, from 1.33 in 2017Q2. It fall, as 43 investors sold HBI shares while 189 reduced holdings. 78 funds opened positions while 188 raised stakes. 334.65 million shares or 1.31% more from 330.33 million shares in 2017Q2 were reported. Atlantic Tru Group Ltd holds 414,892 shares or 0.05% of its portfolio. Gamco Et Al holds 0.03% of its portfolio in Hanesbrands Inc. (NYSE:HBI) for 186,600 shares. Moreover, Dreman Value L L C has 0.28% invested in Hanesbrands Inc. (NYSE:HBI) for 20,361 shares. Amica Pension Fund Board Of Trustees holds 0.15% in Hanesbrands Inc. (NYSE:HBI) or 52,240 shares. Bankshares Of New York Mellon owns 4.64M shares for 0.03% of their portfolio. Jpmorgan Chase And has 780,952 shares for 0% of their portfolio. Utd Automobile Association invested 0.06% of its portfolio in Hanesbrands Inc. (NYSE:HBI). Ngam Advsrs Limited Partnership has 0.03% invested in Hanesbrands Inc. (NYSE:HBI). Moreover, Bank & Trust Of Nova Scotia has 0.01% invested in Hanesbrands Inc. (NYSE:HBI). Freestone Holdg Limited Liability Company invested in 0.34% or 191,910 shares. Wells Fargo Company Mn owns 2.85 million shares. First Allied Advisory Svcs owns 0.09% invested in Hanesbrands Inc. (NYSE:HBI) for 87,507 shares. Strategic Advisors Ltd Liability Corporation invested in 17,033 shares or 0.18% of the stock. Brinker Cap Inc has 0.02% invested in Hanesbrands Inc. (NYSE:HBI) for 22,986 shares. Amp Capital Ltd holds 0.02% in Hanesbrands Inc. (NYSE:HBI) or 115,271 shares.

Investors sentiment increased to 1.29 in 2017 Q3. Its up 0.09, from 1.2 in 2017Q2. It is positive, as 20 investors sold SUP shares while 31 reduced holdings. 18 funds opened positions while 48 raised stakes. 20.49 million shares or 1.62% more from 20.17 million shares in 2017Q2 were reported. Moreover, Northern Corp has 0.01% invested in Superior Industries International, Inc. (NYSE:SUP). Nationwide Fund Advsrs has 19,100 shares for 0% of their portfolio. Envestnet Asset Mngmt Inc invested 0% in Superior Industries International, Inc. (NYSE:SUP). Riverhead Mngmt Ltd Liability Corporation invested in 0% or 1,818 shares. Bancorp Of Montreal Can has invested 0% in Superior Industries International, Inc. (NYSE:SUP). One Trading Limited Partnership holds 2,286 shares. Adams Asset Advsr Lc accumulated 0.13% or 56,269 shares. South Dakota Invest Council stated it has 134,752 shares or 0.05% of all its holdings. Aqr Cap Mngmt Llc invested 0% in Superior Industries International, Inc. (NYSE:SUP). Moreover, State Of Tennessee Treasury Department has 0% invested in Superior Industries International, Inc. (NYSE:SUP) for 20,534 shares. James Inv Rech Inc holds 570 shares. Gamco Inc Et Al holds 0.12% of its portfolio in Superior Industries International, Inc. (NYSE:SUP) for 1.19 million shares. Dimensional Fund Ltd Partnership has invested 0.01% in Superior Industries International, Inc. (NYSE:SUP). Prudential Fincl Inc owns 116,836 shares. Moreover, Goldman Sachs Gp has 0% invested in Superior Industries International, Inc. (NYSE:SUP).

Adams Asset Advisors Llc, which manages about $828.72M and $733.52 million US Long portfolio, decreased its stake in Chevron Corporation (NYSE:CVX) by 3,735 shares to 80,776 shares, valued at $9.49 million in 2017Q3, according to the filing. It also reduced its holding in Myriad Genetics Inc (NASDAQ:MYGN) by 48,906 shares in the quarter, leaving it with 39,301 shares, and cut its stake in Wells Fargo (NYSE:WFC).

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