Horan Capital Management Increased By $1.73 Million Its Nike Class B (NKE) Position; Gsa Capital Partners Llp Cut Matthews Intl (MATW) Stake

Gsa Capital Partners Llp decreased Matthews Intl Corp (MATW) stake by 69.97% reported in 2017Q3 SEC filing. Gsa Capital Partners Llp sold 13,175 shares as Matthews Intl Corp (MATW)’s stock declined 6.70%. The Gsa Capital Partners Llp holds 5,654 shares with $352,000 value, down from 18,829 last quarter. Matthews Intl Corp now has $1.70B valuation. The stock decreased 0.56% or $0.3 during the last trading session, reaching $52.95. About 77,828 shares traded. Matthews International Corporation (NASDAQ:MATW) has risen 24.80% since December 29, 2016 and is uptrending. It has outperformed by 8.10% the S&P500.

Horan Capital Management increased Nike Class B (NKE) stake by 390.4% reported in 2017Q3 SEC filing. Horan Capital Management acquired 33,859 shares as Nike Class B (NKE)’s stock declined 8.78%. The Horan Capital Management holds 42,532 shares with $2.21M value, up from 8,673 last quarter. Nike Class B now has $102.70 billion valuation. It closed at $62.95 lastly. It is down 9.24% since December 29, 2016 and is downtrending. It has underperformed by 25.94% the S&P500.

Among 44 analysts covering Nike Inc. (NYSE:NKE), 23 have Buy rating, 2 Sell and 19 Hold. Therefore 52% are positive. Nike Inc. had 213 analyst reports since July 29, 2015 according to SRatingsIntel. Nomura maintained NIKE, Inc. (NYSE:NKE) on Monday, July 17 with “Buy” rating. The rating was maintained by Canaccord Genuity with “Hold” on Wednesday, March 23. The firm has “Overweight” rating by Atlantic Securities given on Thursday, January 19. As per Monday, December 18, the company rating was maintained by Buckingham Research. The firm has “Underperform” rating given on Thursday, January 19 by CLSA. The company was maintained on Friday, September 23 by Canaccord Genuity. As per Thursday, March 23, the company rating was maintained by Barclays Capital. The firm earned “Buy” rating on Tuesday, October 17 by Buckingham Research. The company was initiated on Tuesday, October 11 by Susquehanna. The rating was maintained by Citigroup with “Buy” on Friday, September 25.

Investors sentiment decreased to 0.8 in 2017 Q3. Its down 0.20, from 1 in 2017Q2. It dropped, as 87 investors sold NKE shares while 457 reduced holdings. 78 funds opened positions while 358 raised stakes. 985.62 million shares or 0.88% less from 994.42 million shares in 2017Q2 were reported. Carroll Financial Associate Inc reported 0.06% in NIKE, Inc. (NYSE:NKE). Barr E S And reported 282,056 shares. Blackrock Inc has 0.21% invested in NIKE, Inc. (NYSE:NKE) for 79.67M shares. Trust Of Oklahoma holds 45,644 shares or 1.18% of its portfolio. Mitsubishi Ufj And Banking Corp has invested 0.27% in NIKE, Inc. (NYSE:NKE). Laurel Grove Capital Ltd Limited Liability Company holds 2.13% of its portfolio in NIKE, Inc. (NYSE:NKE) for 78,866 shares. Caxton Associates LP reported 8,500 shares or 0.02% of all its holdings. Bryn Mawr Tru has invested 0.81% of its portfolio in NIKE, Inc. (NYSE:NKE). 90,604 are owned by Van Hulzen Asset Management Ltd Llc. Dynamic Capital Mngmt Limited stated it has 37,600 shares. Schroder Management stated it has 257,581 shares. Chickasaw Capital Mgmt Lc stated it has 0.06% in NIKE, Inc. (NYSE:NKE). Shine Invest Advisory holds 0.04% or 1,524 shares. Stifel accumulated 1.32 million shares. Marathon Trading Invest Limited Liability invested 0.03% of its portfolio in NIKE, Inc. (NYSE:NKE).

Since September 14, 2017, it had 0 buys, and 4 sales for $10.90 million activity. $8.78M worth of NIKE, Inc. (NYSE:NKE) was sold by PARKER MARK G. 10,000 shares valued at $650,000 were sold by Matheson Monique S. on Friday, December 15. RODGERS JOHNATHAN A also sold $855,206 worth of NIKE, Inc. (NYSE:NKE) on Thursday, September 14.

Since July 31, 2017, it had 0 insider buys, and 1 sale for $360,800 activity. Walters Brian D sold $360,800 worth of stock.

Investors sentiment decreased to 1.2 in Q3 2017. Its down 0.25, from 1.45 in 2017Q2. It is negative, as 18 investors sold MATW shares while 47 reduced holdings. 23 funds opened positions while 55 raised stakes. 25.12 million shares or 0.23% more from 25.06 million shares in 2017Q2 were reported. Amalgamated Bankshares has invested 0.01% of its portfolio in Matthews International Corporation (NASDAQ:MATW). First Trust, a Pennsylvania-based fund reported 20,833 shares. 20,745 were reported by Nationwide Fund Advisors. Millennium Mngmt Lc holds 0.01% in Matthews International Corporation (NASDAQ:MATW) or 112,296 shares. Rhumbline Advisers reported 0.01% in Matthews International Corporation (NASDAQ:MATW). Smithfield Trust Commerce owns 1,100 shares. Utd Fincl Advisers Limited reported 0% of its portfolio in Matthews International Corporation (NASDAQ:MATW). Ny State Teachers Retirement System holds 68,495 shares or 0.01% of its portfolio. Arizona State Retirement Sys holds 0.01% or 16,667 shares in its portfolio. Brown Brothers Harriman &, New York-based fund reported 4,038 shares. Neuberger Berman stated it has 0% of its portfolio in Matthews International Corporation (NASDAQ:MATW). Ameriprise reported 0.01% stake. 25,938 are held by Seizert Cap Prns Limited Co. Kbc Group Incorporated Nv reported 0% of its portfolio in Matthews International Corporation (NASDAQ:MATW). Parkside Bancorporation & holds 0% of its portfolio in Matthews International Corporation (NASDAQ:MATW) for 3 shares.

Analysts await Matthews International Corporation (NASDAQ:MATW) to report earnings on January, 25. They expect $0.58 earnings per share, down 6.45% or $0.04 from last year’s $0.62 per share. MATW’s profit will be $18.64 million for 22.82 P/E if the $0.58 EPS becomes a reality. After $1.06 actual earnings per share reported by Matthews International Corporation for the previous quarter, Wall Street now forecasts -45.28% negative EPS growth.

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