As Hanesbrands INC (HBI) Market Value Declined, Holder Dudley & Shanley LLC Has Cut by $13.24 Million Its Stake

November 10, 2018 - By Ash

Hanesbrands Inc. (NYSE:HBI) LogoInvestors sentiment decreased to 0.8 in 2018 Q2. Its down 0.07, from 0.87 in 2018Q1. It worsened, as 56 investors sold HBI shares while 204 reduced holdings. 61 funds opened positions while 147 raised stakes. 356.23 million shares or 5.20% more from 338.62 million shares in 2018Q1 were reported. 16.90 million were reported by State Street Corp. Tarbox Family Office holds 0.06% of its portfolio in Hanesbrands Inc. (NYSE:HBI) for 7,224 shares. Axa reported 818,018 shares. Burney invested in 0.05% or 42,521 shares. Aviva Public Limited Liability Company has invested 0.02% in Hanesbrands Inc. (NYSE:HBI). Brown Advisory reported 0% stake. Ellington Gru Limited Liability Company reported 0.24% of its portfolio in Hanesbrands Inc. (NYSE:HBI). Clearbridge Lc invested in 2.52M shares. Levin Capital Strategies Limited Partnership, a New York-based fund reported 10,050 shares. The Texas-based Westwood Grp has invested 0.02% in Hanesbrands Inc. (NYSE:HBI). Morgan Stanley has invested 0.02% of its portfolio in Hanesbrands Inc. (NYSE:HBI). Community Group Limited Liability Company reported 0.74% of its portfolio in Hanesbrands Inc. (NYSE:HBI). Susquehanna Int Gp Limited Liability Partnership holds 0% or 235,670 shares. Credit Suisse Ag has 0.01% invested in Hanesbrands Inc. (NYSE:HBI). Moreover, Advisory Ser Net Limited Liability Co has 0.01% invested in Hanesbrands Inc. (NYSE:HBI) for 8,503 shares.

Since May 16, 2018, it had 4 insider buys, and 1 sale for $755,930 activity. Shares for $538,978 were sold by Faircloth Michael E.. 2,745 shares valued at $49,984 were bought by ZIEGLER ANN ELIZABETH on Friday, May 18. Another trade for 31,230 shares valued at $553,456 was bought by SINGER DAVID V. Shares for $309,050 were bought by Evans Gerald on Wednesday, May 16.

Dudley & Shanley Llc decreased its stake in Hanesbrands Inc. (HBI) by 29.04% based on its latest 2018Q2 regulatory filing with the SEC. Dudley & Shanley Llc sold 601,701 shares as the company’s stock declined 14.95% while stock markets rallied. The hedge fund held 1.47 million shares of the clothing and shoe and accessory stores company at the end of 2018Q2, valued at $32.38M, down from 2.07 million at the end of the previous reported quarter. Dudley & Shanley Llc who had been investing in Hanesbrands Inc. for a number of months, seems to be less bullish one the $5.97 billion market cap company. It closed at $16.56 lastly. It is down 30.00% since November 10, 2017 and is downtrending. It has underperformed by 45.62% the S&P500.

More recent Hanesbrands Inc. (NYSE:HBI) news were published by: Seekingalpha.com which released: “Hanesbrands -2% after mixed quarter” on November 01, 2018. Also Fool.com published the news titled: “Hanesbrands Inc (HBI) Q3 2018 Earnings Conference Call Transcript” on November 01, 2018. Seekingalpha.com‘s news article titled: “Mr. Market Continues To Misappraise Hanesbrands” with publication date: November 09, 2018 was also an interesting one.

Hanesbrands Inc. (NYSE:HBI) Ratings Coverage

Among 8 analysts covering Hanesbrands (NYSE:HBI), 2 have Buy rating, 0 Sell and 6 Hold. Therefore 25% are positive. Hanesbrands had 11 analyst reports since June 21, 2018 according to SRatingsIntel. The stock of Hanesbrands Inc. (NYSE:HBI) earned “Neutral” rating by Credit Suisse on Thursday, August 2. Barclays Capital maintained Hanesbrands Inc. (NYSE:HBI) rating on Friday, November 2. Barclays Capital has “Equal-Weight” rating and $18 target. Bank of America maintained Hanesbrands Inc. (NYSE:HBI) on Friday, November 2 with “Neutral” rating. Buckingham Research maintained it with “Buy” rating and $24 target in Wednesday, October 17 report. On Thursday, August 2 the stock rating was downgraded by Barclays Capital to “Equal-Weight”. The rating was maintained by Nomura on Friday, November 2 with “Neutral”. The rating was maintained by Buckingham Research on Thursday, August 16 with “Buy”. The stock of Hanesbrands Inc. (NYSE:HBI) earned “Neutral” rating by Macquarie Research on Thursday, August 23. The firm has “Neutral” rating given on Thursday, August 2 by Bank of America.

Hanesbrands Inc. (NYSE:HBI) Institutional Positions Chart

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