Sports Direct International Plc: Finish Line Inc decreased Its Stake

June 14, 2018 - By Duane Lopez

The Finish Line, Inc. (NASDAQ:FINL) LogoInvestors sentiment decreased to 1 in Q1 2018. Its down 0.06, from 1.06 in 2017Q4. It is negative, as 36 investors sold The Finish Line, Inc. shares while 39 reduced holdings. 40 funds opened positions while 35 raised stakes. 38.74 million shares or 12.07% more from 34.57 million shares in 2017Q4 were reported.

Invesco Ltd reported 260,109 shares or 0% of all its holdings. 194,571 were reported by Commonwealth Of Pennsylvania Public School Empls Retrmt Systems. Employees Retirement Association Of Colorado holds 0% of its portfolio in The Finish Line, Inc. (NASDAQ:FINL) for 10,241 shares. California Employees Retirement has invested 0.01% in The Finish Line, Inc. (NASDAQ:FINL). Texas Permanent School Fund has invested 0% in The Finish Line, Inc. (NASDAQ:FINL). Gsa Cap Prns Llp accumulated 0.06% or 82,600 shares. Paloma Mngmt accumulated 17,132 shares or 0% of the stock. Mason Street Advisors Ltd Limited Liability Company accumulated 11,187 shares. Ameritas Investment Partners Inc holds 3,610 shares or 0% of its portfolio. Morgan Stanley reported 1.46 million shares or 0.01% of all its holdings. Price T Rowe Associates Md has 18,699 shares for 0% of their portfolio. First Manhattan holds 1 shares. Credit Suisse Ag has invested 0% in The Finish Line, Inc. (NASDAQ:FINL). Ameriprise Financial Inc reported 0% of its portfolio in The Finish Line, Inc. (NASDAQ:FINL). Axa has 37,300 shares.

Sports Direct International Plc Reported reduced Stake in Finish Line Inc

Sports Direct International Plc filed with SEC a SC 13D/A form for Finish Line Inc . It can be found at: 000114420418034214. As reported by Sports Direct International Plc, the filler decreased its stake in the stock by -17.73 % for 2,381,240 shares. Sports Direct International Plc currently owns 5.9% of the Consumer Discretionary- stock. Date of activity: June 12, 2018.

Finish Line Inc Institutional Sentiment

Filings show 127 investors own Finish Line Inc . The ownership in Q3 2017 is high, at Infinity of the outstanding shares. This is increased by 389451. 39654715 were owned by these investors. 25 funds opened new Finish Line Inc stakes, 48 increased positions. There were 29 that closed positions and 39 reduced them.

James Dondero Highland Capital Management Lp is an investor bullish on Finish Line Inc , owning 762750 shares as of Q3 2017 for 0.40% of its portfolio. Ing Groep Nv owns 1950000 shares or 0.45% of its portfolio. CT Ellington Management Group Llc have 0.30% of its portfolio for 145100 shares. Further, Clearline Capital Lp reported stake worth 0.32% of its portfolio. The CT Trexquant Investment Lp owns 151209 shares. Finish Line Inc is 0.46% of its portfolio.

SEC Form 13D.

Analysts await The Finish Line, Inc. (NASDAQ:FINL) to report earnings on June, 22. They expect $0.22 EPS, down 4.35 % or $0.01 from last year’s $0.23 per share. FINL’s profit will be $9.07M for 15.33 P/E if the $0.22 EPS becomes a reality. After $0.59 actual EPS reported by The Finish Line, Inc. for the previous quarter, Wall Street now forecasts -62.71 % negative EPS growth.

The stock increased 0.07% or $0.01 during the last trading session, reaching $13.49. About 616,204 shares traded. The Finish Line, Inc. (NASDAQ:FINL) has declined 3.70% since June 14, 2017 and is downtrending. It has underperformed by 16.27% the S&P500.

The Finish Line, Inc., together with its subsidiaries, operates as a retailer of athletic shoes, apparel, and accessories for men, women, and kids in the United States. The company has market cap of $556.46 million. The firm offers athletic shoes, as well as an assortment of apparel and accessories of Nike, Brand Jordan, adidas, Under Armour, Puma, and other brands. It has a 38.32 P/E ratio. It engages in the in-store and online retail of athletic shoes for MacyÂ’s Retail Holdings, Inc.; MacyÂ’s Puerto Rico, Inc.; and Macys.com, Inc., as well as online at macys.com.

The Finish Line, Inc. (NASDAQ:FINL) Ratings Coverage

Among 8 analysts covering The Finish Line (NASDAQ:FINL), 0 have Buy rating, 1 Sell and 7 Hold. Therefore 0 are positive. The Finish Line has $15.0 highest and $7.0 lowest target. $11.75’s average target is -12.90% below currents $13.49 stock price. The Finish Line had 13 analyst reports since December 21, 2017 according to SRatingsIntel. Buckingham Research maintained the stock with “Sell” rating in Thursday, December 21 report. The firm earned “Hold” rating on Tuesday, March 27 by Citigroup. The stock has “Hold” rating by Susquehanna on Monday, March 26. As per Wednesday, February 21, the company rating was upgraded by Buckingham Research. The firm earned “Positive” rating on Monday, February 26 by Susquehanna. The stock of The Finish Line, Inc. (NASDAQ:FINL) earned “Buy” rating by Jefferies on Thursday, December 21. The rating was maintained by FBR Capital with “Hold” on Wednesday, December 27. The rating was maintained by Robert W. Baird on Thursday, December 21 with “Hold”. The rating was downgraded by Jefferies on Friday, March 30 to “Hold”. The firm has “Hold” rating given on Thursday, December 21 by Cowen & Co.

Another recent and important The Finish Line, Inc. (NASDAQ:FINL) news was published by Seekingalpha.com which published an article titled: “Hibbett Is Hanging On” on June 04, 2018.

The Finish Line, Inc. (NASDAQ:FINL) Institutional Positions Chart

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.