Hanesbrands INC (HBI) Holder Evanston Investments INC Dba Evanston Advisors Has Lowered Holding by $4.45 Million as Stock Value Declined

May 17, 2018 - By Robert Crowder

Hanesbrands Inc. (NYSE:HBI) LogoInvestors sentiment decreased to 1.11 in Q4 2017. Its down 0.04, from 1.15 in 2017Q3. It fall, as 75 investors sold HBI shares while 173 reduced holdings. 79 funds opened positions while 197 raised stakes. 337.77 million shares or 0.93% more from 334.65 million shares in 2017Q3 were reported. Tradewinds Cap Mgmt Ltd Llc reported 0.01% in Hanesbrands Inc. (NYSE:HBI). M&T Bancorp Corp reported 56,500 shares. Moreover, Westwood Grp has 0.33% invested in Hanesbrands Inc. (NYSE:HBI). Rhumbline Advisers holds 0.03% or 700,762 shares. First Personal Fincl, North Carolina-based fund reported 448 shares. Moreover, Kistler has 0.03% invested in Hanesbrands Inc. (NYSE:HBI). Hanson Mcclain Inc holds 723 shares or 0% of its portfolio. Moreover, Ancora Limited Liability has 0.03% invested in Hanesbrands Inc. (NYSE:HBI) for 25,350 shares. Tarbox Family Office holds 7,224 shares. Wealthtrust Axiom Ltd Co stated it has 1.18% of its portfolio in Hanesbrands Inc. (NYSE:HBI). Bartlett & Limited Liability Corporation holds 0% or 494 shares in its portfolio. 78,728 are owned by Suntrust Banks. Burt Wealth holds 0.02% or 1,400 shares in its portfolio. Ifrah Financial Serv Inc has invested 0.34% in Hanesbrands Inc. (NYSE:HBI). Qs Invsts Ltd Limited Liability Company invested in 0% or 5,074 shares.

Since February 15, 2018, it had 0 buys, and 1 insider sale for $1.07 million activity.

Evanston Investments Inc Dba Evanston Advisors decreased its stake in Hanesbrands Inc. (HBI) by 72.81% based on its latest 2017Q4 regulatory filing with the SEC. Evanston Investments Inc Dba Evanston Advisors sold 222,556 shares as the company’s stock declined 7.94% with the market. The institutional investor held 83,104 shares of the clothing and shoe and accessory stores company at the end of 2017Q4, valued at $1.74 million, down from 305,660 at the end of the previous reported quarter. Evanston Investments Inc Dba Evanston Advisors who had been investing in Hanesbrands Inc. for a number of months, seems to be less bullish one the $6.52B market cap company. The stock increased 2.29% or $0.405 during the last trading session, reaching $18.105. About 6.76 million shares traded or 8.74% up from the average. Hanesbrands Inc. (NYSE:HBI) has declined 8.16% since May 17, 2017 and is downtrending. It has underperformed by 19.71% the S&P500.

Analysts await Hanesbrands Inc. (NYSE:HBI) to report earnings on August, 7. They expect $0.46 EPS, down 13.21 % or $0.07 from last year’s $0.53 per share. HBI’s profit will be $165.76 million for 9.84 P/E if the $0.46 EPS becomes a reality. After $0.26 actual EPS reported by Hanesbrands Inc. for the previous quarter, Wall Street now forecasts 76.92 % EPS growth.

More notable recent Hanesbrands Inc. (NYSE:HBI) news were published by: Seekingalpha.com which released: “HanesBrands: Value-Investor Opportunity” on April 25, 2018, also Seekingalpha.com with their article: “Hanesbrands (HBI) Q1 2018 Results – Earnings Call Transcript” published on May 01, 2018, Seekingalpha.com published: “Small Cap Dividend Spotlight: HanesBrands” on April 29, 2018. More interesting news about Hanesbrands Inc. (NYSE:HBI) were released by: Seekingalpha.com and their article: “Hanesbrands: Honing In On A Swing Low” published on May 15, 2018 as well as Streetinsider.com‘s news article titled: “Hanesbrands (HBI) PT Lowered to $19 at Nomura/Instinet on ‘Secular Headwinds’ Following Analyst Day” with publication date: May 16, 2018.

Hanesbrands Inc. (NYSE:HBI) Ratings Coverage

Among 11 analysts covering Hanesbrands (NYSE:HBI), 6 have Buy rating, 0 Sell and 5 Hold. Therefore 55% are positive. Hanesbrands had 16 analyst reports since December 19, 2017 according to SRatingsIntel. The stock of Hanesbrands Inc. (NYSE:HBI) has “Buy” rating given on Friday, February 9 by Deutsche Bank. The company was maintained on Friday, February 9 by Wells Fargo. As per Thursday, February 8, the company rating was maintained by Stifel Nicolaus. As per Thursday, January 25, the company rating was maintained by Barclays Capital. B. Riley & Co maintained the stock with “Buy” rating in Friday, February 9 report. The firm has “Hold” rating given on Friday, April 6 by Bank of America. On Sunday, April 22 the stock rating was upgraded by Stifel Nicolaus to “Buy”. Macquarie Research initiated it with “Hold” rating and $1900 target in Monday, April 2 report. The firm has “Neutral” rating by Citigroup given on Tuesday, December 19. The stock of Hanesbrands Inc. (NYSE:HBI) earned “Overweight” rating by Barclays Capital on Wednesday, May 2.

Hanesbrands Inc. (NYSE:HBI) Institutional Positions Chart

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