Courage Capital Management Increases Stake in Acadia Healthcare (ACHC); Citadel Advisors Holding in Nike (NKE) Lowered by $128.32 Million as Market Valuation Rose

June 14, 2018 - By Richard Conner

NIKE, Inc. (NYSE:NKE) Logo

Richard C. Patton increased its stake in Acadia Healthcare (ACHC) by 12.22% based on its latest 2018Q1 regulatory filing with the SEC. Courage Capital Management Llc bought 34,212 shares as the company’s stock rose 7.49% while stock markets declined. The hedge fund run by Richard C. Patton held 314,212 shares of the health care company at the end of 2018Q1, valued at $12.31 million, up from 280,000 at the end of the previous reported quarter. Courage Capital Management Llc who had been investing in Acadia Healthcare for a number of months, seems to be bullish on the $3.60B market cap company. The stock decreased 0.66% or $0.27 during the last trading session, reaching $40.85. About 964,131 shares traded. Acadia Healthcare Company, Inc. (NASDAQ:ACHC) has declined 2.49% since June 14, 2017 and is downtrending. It has underperformed by 15.06% the S&P500. Some Historical ACHC News: 01/05/2018 – Acadia Healthcare 1Q Net $50.8M; 02/04/2018 – ACADIA HEALTHCARE – AMENDMENT REPLACES EXISTING REVOLVING FACILITY,TRANCHE A TERM LOAN WITH NEW REVOLVING FACILITY,TRANCHE A TERM LOAN,RESPECTIVELY; 01/05/2018 – ACADIA HEALTH 1Q REV. $742.2M, EST. $730.4M; 22/04/2018 – DJ Acadia Healthcare Company Inc, Inst Holders, 1Q 2018 (ACHC); 02/04/2018 – Fidelity Health Care Services Adds Acadia Health; 11/05/2018 – ACADIA HEALTHCARE 72 HOUR DEADLINE ALERT: Approximately 72 Hours Remain; Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors of Deadline in Class Action Lawsuit Against Acadia Healthcare Company, Inc; 14/03/2018 – Robbins Geller Rudman & Dowd LLP Files Class Action Suit against Acadia Healthcare Company, Inc; 15/05/2018 – Shanda Adds Alarm.com, Exits Acadia Health, Cuts KKR: 13F; 16/03/2018 – Glancy Prongay & Murray LLP Announces Investigation on Behalf of Acadia Healthcare Company, Inc. Investors (ACHC); 01/05/2018 – Acadia Healthcare 1Q EPS 58c

Ken Griffin decreased its stake in Nike Inc (NKE) by 97.19% based on its latest 2018Q1 regulatory filing with the SEC. Citadel Advisors Llc sold 1.94 million shares as the company’s stock rose 3.73% while stock markets declined. The hedge fund run by Ken Griffin held 56,118 shares of the consumer non-durables company at the end of 2018Q1, valued at $3.73M, down from 2.00M at the end of the previous reported quarter. Citadel Advisors Llc who had been investing in Nike Inc for a number of months, seems to be less bullish one the $120.25B market cap company. The stock increased 0.67% or $0.495 during the last trading session, reaching $74.605. About 2.39 million shares traded. NIKE, Inc. (NYSE:NKE) has risen 38.01% since June 14, 2017 and is uptrending. It has outperformed by 25.44% the S&P500. Some Historical NKE News: 22/03/2018 – NIKE SAYS CURRENTLY EXPECT FISCAL YEAR ’19 REPORTED REVENUE GROWTH IN THE MID TO HIGH SINGLE-DIGIT RANGE; 16/04/2018 – NEW: Nike’s vice president of diversity and inclusion has left the company amid scrutiny of the company’s culture; 22/03/2018 – Nike plans to make bigger investments in women’s footwear and apparel to combat rivals; 03/05/2018 – ♫ Reuters Insider – Adidas sticks by Kanye West after slavery remarks; 28/04/2018 – Business Journals: Exclusive: Nike promotes second senior female manager in continued leadership shakeup; 23/03/2018 – Nike Rides Out its #MeToo Moment; 16/03/2018 – ProactivInvst US: Nike president Trevor Edwards departs as claims arise about improper behavior; 24/05/2018 – ANALYSIS-Fashion and sport brands clash in luxury sneakers race; 08/05/2018 – Another Long-Time Nike Executive Departs Amid Workplace Upheaval; 16/03/2018 – CNBC Now: BREAKING: Second Nike executive, VP Jayme Martin, leaves in wake of workplace complaints; Nike brand president

Investors sentiment decreased to 0.65 in 2018 Q1. Its down 0.09, from 0.74 in 2017Q4. It turned negative, as 64 investors sold NKE shares while 515 reduced holdings. 100 funds opened positions while 277 raised stakes. 997.42 million shares or 1.70% less from 1.01 billion shares in 2017Q4 were reported. Aperio Ltd Liability has invested 0.31% of its portfolio in NIKE, Inc. (NYSE:NKE). Pitcairn Com holds 0.08% or 11,282 shares. Comml Bank Of Ny Mellon holds 0.49% in NIKE, Inc. (NYSE:NKE) or 26.67M shares. Hamilton Point reported 1.7% stake. Prescott Grp Limited Company, Oklahoma-based fund reported 16,800 shares. The Virginia-based Burke Herbert Comml Bank Tru Co has invested 0.28% in NIKE, Inc. (NYSE:NKE). Eastern Financial Bank holds 0.88% in NIKE, Inc. (NYSE:NKE) or 189,647 shares. Ballentine Partners Ltd holds 22,533 shares. Pinnacle Associates has invested 0.04% in NIKE, Inc. (NYSE:NKE). Asset Mngmt One Limited has 2.14M shares for 0.32% of their portfolio. Northwest Investment Counselors Lc reported 0.85% stake. Japan-based Daiwa Sb has invested 0.19% in NIKE, Inc. (NYSE:NKE). Atlanta Cap Management Company L L C owns 0.16% invested in NIKE, Inc. (NYSE:NKE) for 469,240 shares. Advantus Capital Mgmt reported 0.23% of its portfolio in NIKE, Inc. (NYSE:NKE). Qcm Cayman invested in 6,078 shares or 1.05% of the stock.

Analysts await NIKE, Inc. (NYSE:NKE) to report earnings on June, 28 after the close. They expect $0.64 EPS, up 6.67% or $0.04 from last year’s $0.6 per share. NKE’s profit will be $1.03B for 29.14 P/E if the $0.64 EPS becomes a reality. After $0.68 actual EPS reported by NIKE, Inc. for the previous quarter, Wall Street now forecasts -5.88% negative EPS growth.

More notable recent NIKE, Inc. (NYSE:NKE) news were published by: Bizjournals.com which released: “Study of four massive companies — including Nike — indicates 40 percent of multinational profits go to tax havens” on June 12, 2018, also Bizjournals.com with their article: “Nike rebuts reports about dropping Iranian soccer team” published on June 11, 2018, 247Wallst.com published: “What Wedbush Is Watching Ahead of Nike Earnings” on June 14, 2018. More interesting news about NIKE, Inc. (NYSE:NKE) were released by: Seekingalpha.com and their article: “Nike breaks to new all-time high” published on May 16, 2018 as well as Benzinga.com‘s news article titled: “Nike’s Product Line Is Tipping In A Positive Direction, According To Foot Locker” with publication date: June 11, 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 236 analyst reports since July 29, 2015 according to SRatingsIntel. The stock has “Buy” rating by Buckingham Research on Thursday, February 15. The stock of NIKE, Inc. (NYSE:NKE) has “Buy” rating given on Monday, December 28 by Argus Research. Stifel Nicolaus maintained NIKE, Inc. (NYSE:NKE) on Wednesday, June 29 with “Buy” rating. The company was maintained on Tuesday, December 26 by DA Davidson. As per Thursday, February 15, the company rating was maintained by Stifel Nicolaus. Robert W. Baird maintained the stock with “Outperform” rating in Wednesday, June 29 report. The stock has “Hold” rating by HSBC on Tuesday, November 28. Credit Suisse initiated NIKE, Inc. (NYSE:NKE) on Thursday, March 22 with “Buy” rating. The company was maintained on Friday, September 25 by Jefferies. The stock has “Buy” rating by DA Davidson on Wednesday, September 28.

Citadel Advisors Llc, which manages about $181.79 billion US Long portfolio, upped its stake in Ishares Tr (Call) (INDA) by 19,000 shares to 30,900 shares, valued at $1.06M in 2018Q1, according to the filing. It also increased its holding in Gap Inc Del (Put) (NYSE:GPS) by 247,600 shares in the quarter, for a total of 526,200 shares, and has risen its stake in Nextera Energy Inc (NYSE:NEE).

Since December 15, 2017, it had 0 buys, and 10 insider sales for $56.97 million activity. Slusher John F also sold $7.94 million worth of NIKE, Inc. (NYSE:NKE) on Tuesday, January 2. Another trade for 100,000 shares valued at $6.77 million was made by SPRUNK ERIC D on Monday, January 29. EDWARDS TREVOR A had sold 100,000 shares worth $6.85 million on Wednesday, January 31. Another trade for 135,000 shares valued at $9.86 million was made by PARKER MARK G on Monday, June 4.

Investors sentiment increased to 0.95 in Q1 2018. Its up 0.03, from 0.92 in 2017Q4. It is positive, as 34 investors sold ACHC shares while 70 reduced holdings. 32 funds opened positions while 67 raised stakes. 107.19 million shares or 2.70% more from 104.36 million shares in 2017Q4 were reported. 131 are held by Assetmark Inc. California State Teachers Retirement Sys reported 0.01% stake. Qs Investors Limited Liability Co holds 2,211 shares. Aperio Grp Inc Limited Co reported 0% stake. Glenmede Na stated it has 988,329 shares. Moreover, Gru One Trading Lp has 0% invested in Acadia Healthcare Company, Inc. (NASDAQ:ACHC). Barclays Public Limited Company has invested 0.01% in Acadia Healthcare Company, Inc. (NASDAQ:ACHC). 6,500 are held by Commercial Bank Of Nova Scotia. Maverick Cap Limited reported 0.02% in Acadia Healthcare Company, Inc. (NASDAQ:ACHC). First Mercantile Trust has 0.17% invested in Acadia Healthcare Company, Inc. (NASDAQ:ACHC) for 20,495 shares. The New York-based Morgan Stanley has invested 0.01% in Acadia Healthcare Company, Inc. (NASDAQ:ACHC). Mason Street Lc stated it has 41,082 shares or 0.04% of all its holdings. Federated Pa reported 0% stake. One Association stated it has 0.09% of its portfolio in Acadia Healthcare Company, Inc. (NASDAQ:ACHC). Ls Inv Advsrs Limited Liability Company accumulated 4,968 shares.

Among 17 analysts covering Acadia Healthcare (NASDAQ:ACHC), 11 have Buy rating, 0 Sell and 6 Hold. Therefore 65% are positive. Acadia Healthcare had 53 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, September 1 by RBC Capital Markets. The rating was maintained by Jefferies with “Buy” on Tuesday, September 5. The company was maintained on Wednesday, December 13 by Robert W. Baird. The rating was upgraded by Zacks on Thursday, August 6 to “Hold”. The firm has “Buy” rating given on Thursday, November 3 by Mizuho. The company was maintained on Wednesday, October 25 by Citigroup. The stock of Acadia Healthcare Company, Inc. (NASDAQ:ACHC) has “Outperform” rating given on Tuesday, September 1 by Leerink Swann. The firm earned “Buy” rating on Wednesday, October 19 by UBS. The firm earned “Buy” rating on Thursday, August 6 by Mizuho. Jefferies maintained Acadia Healthcare Company, Inc. (NASDAQ:ACHC) rating on Wednesday, October 11. Jefferies has “Buy” rating and $60.0 target.

Another recent and important Acadia Healthcare Company, Inc. (NASDAQ:ACHC) news was published by Seekingalpha.com which published an article titled: “Acadia Healthcare: Behavioral Health Centers Play” on June 12, 2018.

NIKE, Inc. (NYSE:NKE) Institutional Positions Chart

Echostar Corporation-Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


>