Purchases 52676 Shares of Hanesbrands Inc. (NYSE:HBI)

Evarado Alatorre
Diciembre 8, 2017

Institutions own 99.61% of Hanesbrands Inc. 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. Institutional investors own 96.92% of the company's stock. Prudential Financial Inc. owned 0.14% of Hanesbrands worth $12,886,000 as of its most recent filing with the SEC.

HBI has been the topic of several recent analyst reports. Gateway Investment Advisers LLC increased its holdings in shares of Hanesbrands by 9.2% during the second quarter. FMR LLC now owns 14,085,031 shares of the textile maker's stock valued at $303,814,000 after buying an additional 5,538,124 shares in the last quarter. Sasco Capital Inc. CT acquired a new stake in Hanesbrands in the 2nd quarter valued at about $57,945,000. Torray Llc sold 49,607 shares as Hanesbrands (HBI)'s stock declined 1.43%. Finally, QS Investors LLC boosted its stake in Hanesbrands by 2.8% during the second quarter. 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. Sentry Investment Management LLC boosted its stake in Hanesbrands by 0.4% during the second quarter. Morningstar Investment Services LLC now owns 3,034,052 shares of the textile maker's stock valued at $70,269,000 after purchasing an additional 2,375,811 shares during the last quarter. (NYSE:HBI). Gyroscope Mgmt Ltd Liability Corporation has invested 0.11% in Hanesbrands Inc. Chieftain Capital Management Inc. now owns 19,280,352 shares of the textile maker's stock valued at $415,877,000 after buying an additional 6,714,618 shares in the last quarter.

A number of equities research analysts recently weighed in on the stock.

Hanesbrands Inc. analysts gave 4 buy-equivalent recommendations, 0 sells and 6 holds. Cowen & Co maintained the shares of HBI in report on Thursday, August 24 with "Hold" rating. FBR & Co set a $33.00 price objective on Hanesbrands and gave the company a "buy" rating in a research report on Tuesday, February 14th. Vetr raised shares of Hanesbrands from a "buy" rating to a "strong-buy" rating and set a $26.36 price target on the stock in a research note on Monday, August 21st. Keep in mind that Investors should not rely only on an analyst's recommendation when taking a decision whether to buy, hold, or sell a stock. The average 1-year price target for (HBI) reveals an average price target of $26.53 per share. They expect that Hanesbrands Inc. (HBI) traded up $0.04 during trading on Thursday, hitting $20.58. The stock had a trading volume of 1,257,375 shares. Current market cap is $7.57B and the stock has an EPS of $1.62.

Hanesbrands Inc. has a 52 week low of $18.90 and a 52 week high of $25.73. Moreover, Axa has 0.03% invested in Hanesbrands Inc.

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Hanesbrands (NYSE:HBI) last issued its earnings results on Wednesday, November 1st. The textile maker reported $0.60 EPS for the quarter, meeting the Thomson Reuters' consensus estimate of $0.60. The company had revenue of $1.80 billion for the quarter, compared to analysts' expectations of $1.80 billion. Hanesbrands had a return on equity of 64.73% and a net margin of 9.43%. Diamond Hill Capital Management Inc. raised its position in shares of Hanesbrands by 2.6% in the first quarter. During the same period in the previous year, the company posted $0.56 earnings per share. sell-side analysts predict that Hanesbrands Inc. will post 1.94 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 6th. Investors of record on Tuesday, November 14th were issued a dividend of $0.15 per share. The ex-dividend date was Monday, November 13th. This represents a $0.60 annualized dividend and a yield of 2.92%. Hanesbrands's dividend payout ratio (DPR) is presently 37.04%.

TRADEMARK VIOLATION WARNING: "Epoch Investment Partners Inc".

Hanesbrands Inc is a marketer of basic innerwear and activewear apparel in the Americas, Europe, Australia and Asia/Pacific under apparel brands, such as Hanes, Champion, Maidenform, DIM, Bali, Playtex, Bonds, JMS/Just My Size, Nur Die/Nur Der, L'eggs, Lovable, Wonderbra, Flexees, Gear for Sports and Berlei.

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