Comparable Company Analysis: AGNC Investment Corp. (AGNC), Hanesbrands Inc. (HBI)

Postado Dezembro 08, 2017

Instead, they should also do their own research-such as reading the prospectus for new companies or for public companies, the quarterly and annual reports filed with the SEC-to confirm whether a particular investment is appropriate for them in light of their individual financial circumstances. The fund owned 374,606 shares of the textile maker's stock after selling 79,237 shares during the period.

According to Hanesbrands Inc.'s latest 13F filing with the US Securities and Exchange Commission (SEC), institutional ownership is at 99.61%.

Other institutional investors have also modified their holdings of the company. (NYSE:HBI). Atlantic Tru Group Incorporated Lc stated it has 0.06% of its portfolio in Hanesbrands Inc. Dimensional Fund Advisors LP now owns 1,147,948 shares of the textile maker's stock valued at $23,831,000 after purchasing an additional 23,114 shares during the period.

Cadence Capital Management LLC acquired a new stake in shares of Hanesbrands Inc. Creative Planning now owns 28,692 shares of the textile maker's stock valued at $665,000 after purchasing an additional 8,487 shares during the period. IHT Wealth Management LLC increased its position in shares of Hanesbrands by 101.1% in the second quarter. Among active positions in the latest quarter, 301 holders increased their positions by a total of 39.88 million shares, 289 holders decreased the positions by a total of 25.62 million shares, and 99 holders held their positions. ARGI Investment Services LLC now owns 10,696 shares of the textile maker's stock worth $248,000 after buying an additional 127 shares during the period. Commonwealth Bank of Australia increased its position in shares of Hanesbrands by 19.2% in the second quarter. QS Investors LLC now owns 5,100 shares of the textile maker's stock worth $118,000 after buying an additional 140 shares during the period.

According to 6 stock analysts, TOTAL S.A., is being kept at an average Hold, rating, with at least 0.14% of shares outstanding that are now legally short sold. (HBI) is a number of factors, including perhaps, a steady increase of the profile of the company as insider activity takes center stage. BidaskClub raised shares of Hanesbrands from a "sell" rating to a "hold" rating in a research note on Wednesday, August 9th. Cowen & Co maintained the shares of HBI in report on Thursday, August 24 with "Hold" rating. Stifel Nicolaus reaffirmed a "hold" rating and set a $23.00 price target on shares of Hanesbrands in a report on Tuesday, September 26th. Oppenheimer reissued a "buy" rating on shares of Hanesbrands in a research note on Wednesday, October 18th. Finally, Vetr upgraded shares of Hanesbrands from a "buy" rating to a "strong-buy" rating and set a $26.36 price objective on the stock in a research note on Monday, August 21st. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and ten have given a buy rating to the company. The average 1-year price target for (HBI) reveals an average price target of $26.53 per share. The stock's 52-week range is $18.90 to $25.73, and its 3-month range is $18.90 to $25.73. (NYSE:HBI) traded down $0.14 during midday trading on Thursday, hitting $20.54. The stock had a trading volume of 1,257,375 shares. Hanesbrands Inc. The stock has a market capitalization of $7,539.60, a price-to-earnings ratio of 10.60, a PEG ratio of 1.18 and a beta of 0.70. Hanesbrands Inc. The company has a current ratio of 1.88, a quick ratio of 0.85 and a debt-to-equity ratio of 2.90.

Hanesbrands (NYSE:HBI) last announced its earnings results on Wednesday, November 1st. The textile maker reported $0.60 earnings per share for the quarter, hitting the Zacks' consensus estimate of $0.60. The firm had revenue of $1.80 billion for the quarter, compared to analysts' expectations of $1.80 billion. Hanesbrands had a net margin of 9.43% and a return on equity of 64.73%. Hanesbrands's quarterly revenue was up 2.2% compared to the same quarter a year ago. During the same quarter last year, the company earned $0.56 EPS. sell-side analysts anticipate that Hanesbrands Inc. will post 1.94 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 5th. Shareholders of record on Tuesday, November 14th were issued a $0.15 dividend. The company was maintained on Monday, November 6 by Wedbush. This represents a $0.60 annualized dividend and a yield of 2.92%. Hanesbrands's payout ratio is presently 37.04%.