As Hanesbrands (HBI) Stock Price Declined, Shareholder Boyd Watterson Asset Management Decreased Its Position by $431,088; Jrm Investment Counsel Decreased Its Wells Fargo Co New (WFC) Holding by $463,540 as Stock Price Declined

February 15, 2018 - By Stephen Andrade

Boyd Watterson Asset Management Llc decreased its stake in Hanesbrands Inc (HBI) by 29.48% based on its latest 2017Q3 regulatory filing with the SEC. Boyd Watterson Asset Management Llc sold 17,962 shares as the company’s stock declined 1.43% while stock markets rallied. The institutional investor held 42,964 shares of the clothing and shoe and accessory stores company at the end of 2017Q3, valued at $1.06 million, down from 60,926 at the end of the previous reported quarter. Boyd Watterson Asset Management Llc who had been investing in Hanesbrands Inc for a number of months, seems to be less bullish one the $7.45 billion market cap company. The stock decreased 2.22% or $0.47 during the last trading session, reaching $20.67. About 3.45 million shares traded. Hanesbrands Inc. (NYSE:HBI) has declined 23.23% since February 15, 2017 and is downtrending. It has underperformed by 39.93% the S&P500.

Jrm Investment Counsel Llc decreased its stake in Wells Fargo Co New (WFC) by 14.27% based on its latest 2017Q3 regulatory filing with the SEC. Jrm Investment Counsel Llc sold 8,428 shares as the company’s stock declined 8.66% while stock markets rallied. The institutional investor held 50,615 shares of the major banks company at the end of 2017Q3, valued at $2.79M, down from 59,043 at the end of the previous reported quarter. Jrm Investment Counsel Llc who had been investing in Wells Fargo Co New for a number of months, seems to be less bullish one the $291.83 billion market cap company. The stock increased 0.18% or $0.11 during the last trading session, reaching $59.66. About 13.92 million shares traded. Wells Fargo & Company (NYSE:WFC) has risen 9.67% since February 15, 2017 and is uptrending. It has underperformed by 7.03% the S&P500.




Since November 17, 2017, it had 0 insider buys, and 1 insider sale for $292,234 activity.

Among 39 analysts covering Wells Fargo & Company (NYSE:WFC), 15 have Buy rating, 8 Sell and 16 Hold. Therefore 38% are positive. Wells Fargo & Company had 131 analyst reports since July 29, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Friday, August 25 report. The stock of Wells Fargo & Company (NYSE:WFC) has “Hold” rating given on Friday, January 12 by BMO Capital Markets. The firm earned “Buy” rating on Thursday, December 21 by Buckingham Research. The stock of Wells Fargo & Company (NYSE:WFC) has “Buy” rating given on Tuesday, September 5 by Robert W. Baird. Piper Jaffray downgraded the shares of WFC in report on Friday, April 15 to “Underweight” rating. The company was downgraded on Friday, August 28 by Vetr. Barclays Capital maintained the shares of WFC in report on Tuesday, January 3 with “Overweight” rating. The rating was maintained by BMO Capital Markets on Sunday, February 4 with “Hold”. Citigroup upgraded the shares of WFC in report on Thursday, January 7 to “Buy” rating. The firm has “Hold” rating given on Monday, November 28 by Jefferies.

Investors sentiment decreased to 0.73 in Q3 2017. Its down 0.15, from 0.88 in 2017Q2. It turned negative, as 92 investors sold WFC shares while 725 reduced holdings. 103 funds opened positions while 495 raised stakes. 3.65 billion shares or 0.40% less from 3.66 billion shares in 2017Q2 were reported. Adams Asset Advsrs Limited Liability Co has 70,711 shares. D Scott Neal holds 253 shares. Nexus Management reported 29,900 shares. Quantbot LP has invested 0.93% in Wells Fargo & Company (NYSE:WFC). Pinnacle Ltd has invested 0.09% in Wells Fargo & Company (NYSE:WFC). 23,500 were reported by Albion Financial Group Inc Ut. Johnson Inv Counsel holds 0.11% of its portfolio in Wells Fargo & Company (NYSE:WFC) for 77,255 shares. The Mississippi-based Hancock has invested 0.01% in Wells Fargo & Company (NYSE:WFC). Daiwa Securities Group Inc reported 248,068 shares stake. 55,370 were reported by Connor Clark And Lunn Invest Mngmt Limited. Fincl Advisory Group Inc reported 5,537 shares. Central National Bank & Trust Tru Communication stated it has 763 shares or 0.01% of all its holdings. Mai Capital Mgmt holds 222,956 shares. Guardian Invest Mgmt invested 3.81% of its portfolio in Wells Fargo & Company (NYSE:WFC). 110,262 were reported by Wasatch.

Among 19 analysts covering Hanesbrands (NYSE:HBI), 11 have Buy rating, 0 Sell and 8 Hold. Therefore 58% are positive. Hanesbrands had 57 analyst reports since September 17, 2015 according to SRatingsIntel. The stock has “Hold” rating by Stifel Nicolaus on Friday, February 3. On Tuesday, August 29 the stock rating was maintained by Oppenheimer with “Buy”. FBR Capital maintained the shares of HBI in report on Thursday, February 8 with “Buy” rating. On Monday, July 17 the stock rating was reinitiated by Buckingham Research with “Buy”. The firm has “Buy” rating given on Thursday, November 2 by Buckingham Research. The rating was initiated by Deutsche Bank on Monday, October 23 with “Buy”. Oppenheimer downgraded the shares of HBI in report on Tuesday, October 24 to “Perform” rating. FBR Capital maintained Hanesbrands Inc. (NYSE:HBI) rating on Friday, February 3. FBR Capital has “Outperform” rating and $33 target. On Friday, October 16 the stock rating was initiated by Oppenheimer with “Outperform”. The stock has “Neutral” rating by Citigroup on Friday, February 9.

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. Pinnacle Assocs Limited owns 9,450 shares or 0% of their US portfolio. First Republic Inc holds 18,759 shares. Benjamin F Edwards Inc invested in 2,136 shares. Shell Asset Mgmt has 41,988 shares. Neuberger Berman Grp Inc Ltd Liability Company holds 0% or 47,973 shares. Royal Savings Bank Of Canada stated it has 0.01% of its portfolio in Hanesbrands Inc. (NYSE:HBI). Robeco Institutional Asset Mgmt Bv has invested 0% in Hanesbrands Inc. (NYSE:HBI). Ameriprise Inc stated it has 0.02% in Hanesbrands Inc. (NYSE:HBI). Louisiana State Employees Retirement reported 22,800 shares. Platinum Investment Management Limited owns 2.09 million shares or 1.3% of their US portfolio. Bancorporation Of Montreal Can holds 0.01% or 523,835 shares. First Trust Limited Partnership holds 0.01% or 188,993 shares in its portfolio. Bridgeway Capital Management Inc has 0.03% invested in Hanesbrands Inc. (NYSE:HBI). Fincl Bank Of Nova Scotia Tru reported 1,915 shares. Hl Fincl Ser Ltd holds 0.02% or 44,395 shares in its portfolio.

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