As Hanesbrands (HBI) Market Valuation Declined, Shareholder Omers Administration Decreased Its Holding by $79.06 Million; Sherwin (SHW) Holder Iridian Asset Management Has Trimmed Stake by $27.27 Million

The Sherwin-Williams Company (NYSE:SHW) Logo

Iridian Asset Management Llc decreased its stake in Sherwin (SHW) by 17.89% based on its latest 2019Q1 regulatory filing with the SEC. Iridian Asset Management Llc sold 63,421 shares as the company’s stock declined 0.71% while stock markets rallied. The hedge fund held 291,113 shares of the building materials company at the end of 2019Q1, valued at $125.39M, down from 354,534 at the end of the previous reported quarter. Iridian Asset Management Llc who had been investing in Sherwin for a number of months, seems to be less bullish one the $43.36 billion market cap company. The stock increased 0.97% or $4.53 during the last trading session, reaching $469.73. About 418,661 shares traded. The Sherwin-Williams Company (NYSE:SHW) has risen 12.05% since July 14, 2018 and is uptrending. It has outperformed by 7.62% the S&P500. Some Historical SHW News: 11/05/2018 – Sherwin-Williams to Webcast Financial Community Presentation on May 22, 2018; 24/04/2018 – SHERWIN-WILLIAMS CO SHW.N FY2018 SHR VIEW $19.12 — THOMSON REUTERS l/B/E/S; 26/04/2018 – AIA Announces New Partnership with Sherwin-Williams; 24/04/2018 – SHERWIN-WILLIAMS CO SHW.N SEES FY 2018 SHR $14.95 TO $15.45; 24/04/2018 – Sherwin-Williams Sees 2018 Core Net Sales Increasing by a Mid-To-High Single Digit Percentage; 24/04/2018 – Sherwin-Williams Expects Incremental Sales From the Valspar Acquisition to Be Approximately $600 M for April and May in 2nd Quarter; 16/03/2018 – Sherwin-Williams May Benefit, Industry Posts 22nd Straight Gain; 16/05/2018 – Sherwin-Williams Celebrates The Power Of Paint By Transforming More Than 200 Community Spaces; 24/04/2018 – Sherwin-Williams Sees 2018 Adj EPS $18.35-Adj EPS $18.95; 20/04/2018 – Sherwin-Williams Bond Trading 2x Average; Clients Net Buyers

Omers Administration Corp decreased its stake in Hanesbrands Inc (HBI) by 80.72% based on its latest 2019Q1 regulatory filing with the SEC. Omers Administration Corp sold 4.39 million shares as the company’s stock declined 12.86% while stock markets rallied. The institutional investor held 1.05M shares of the clothing and shoe and accessory stores company at the end of 2019Q1, valued at $19.44 million, down from 5.44 million at the end of the previous reported quarter. Omers Administration Corp who had been investing in Hanesbrands Inc for a number of months, seems to be less bullish one the $5.92 billion market cap company. The stock increased 1.87% or $0.3 during the last trading session, reaching $16.38. About 4.23M shares traded. Hanesbrands Inc. (NYSE:HBI) has declined 2.03% since July 14, 2018 and is downtrending. It has underperformed by 6.46% the S&P500.

Analysts await Hanesbrands Inc. (NYSE:HBI) to report earnings on August, 7. They expect $0.45 EPS, 0.00% or $0.00 from last year’s $0.45 per share. HBI’s profit will be $162.66 million for 9.10 P/E if the $0.45 EPS becomes a reality. After $0.27 actual EPS reported by Hanesbrands Inc. for the previous quarter, Wall Street now forecasts 66.67% EPS growth.

Since May 8, 2019, it had 1 buy, and 0 selling transactions for $175,600 activity.

Investors sentiment increased to 0.93 in Q1 2019. Its up 0.12, from 0.81 in 2018Q4. It is positive, as 48 investors sold HBI shares while 165 reduced holdings. 63 funds opened positions while 136 raised stakes. 315.84 million shares or 5.07% less from 332.71 million shares in 2018Q4 were reported. The Illinois-based Optimum Advsrs has invested 0.02% in Hanesbrands Inc. (NYSE:HBI). Piedmont Inv Inc holds 0.02% in Hanesbrands Inc. (NYSE:HBI) or 31,988 shares. Cooke & Bieler Ltd Partnership stated it has 1.42% in Hanesbrands Inc. (NYSE:HBI). Captrust Financial Advsr holds 78,150 shares. 4,400 were reported by Clean Yield. Principal Gru Inc holds 0.01% or 556,060 shares in its portfolio. Mutual Of America Ltd Liability Co invested in 48,172 shares or 0.01% of the stock. 67,630 were accumulated by Utah Retirement Sys. Nordea Investment Management has invested 0% in Hanesbrands Inc. (NYSE:HBI). 665 are owned by Ent Finance Corporation. Endurance Wealth Mgmt holds 0.01% or 2,024 shares in its portfolio. Alliancebernstein Lp holds 0.01% or 616,728 shares in its portfolio. 64,188 were accumulated by Csat Advisory Limited Partnership. Ameritas Investment Partners Inc reported 6,857 shares stake. Texas Permanent School Fund stated it has 70,314 shares or 0.02% of all its holdings.

More notable recent Hanesbrands Inc. (NYSE:HBI) news were published by: Finance.Yahoo.com which released: “Is Hanesbrands Inc.’s (NYSE:HBI) ROE Of 53% Impressive? – Yahoo Finance” on June 18, 2019, also Seekingalpha.com with their article: “Mr. Market Continues To Misappraise Hanesbrands – Seeking Alpha” published on November 09, 2018, Seekingalpha.com published: “Hanesbrands +3% after strong quarter – Seeking Alpha” on February 07, 2019. More interesting news about Hanesbrands Inc. (NYSE:HBI) were released by: Seekingalpha.com and their article: “Is Hanesbrands A Value Stock? – Seeking Alpha” published on December 04, 2018 as well as Finance.Yahoo.com‘s news article titled: “Were Hedge Funds Right About Flocking Into Hanesbrands Inc. (HBI) ? – Yahoo Finance” with publication date: April 24, 2019.

Omers Administration Corp, which manages about $8.69 billion US Long portfolio, upped its stake in Baidu Inc (NASDAQ:BIDU) by 4,200 shares to 11,700 shares, valued at $2.00 million in 2019Q1, according to the filing. It also increased its holding in Johnson & Johnson (NYSE:JNJ) by 209,325 shares in the quarter, for a total of 663,010 shares, and has risen its stake in Weibo Corp (NASDAQ:WB).

More notable recent The Sherwin-Williams Company (NYSE:SHW) news were published by: Finance.Yahoo.com which released: “Here’s What Hedge Funds Think About Metlife Inc (MET) – Yahoo Finance” on June 19, 2019, also Seekingalpha.com with their article: “Sherwin-Williams: Progressing Nicely Following Valspar Merger – Seeking Alpha” published on July 10, 2019, Benzinga.com published: “Sherwin-Williams Trades Higher On Wells Fargo Upgrade – Benzinga” on January 14, 2019. More interesting news about The Sherwin-Williams Company (NYSE:SHW) were released by: Finance.Yahoo.com and their article: “Is Energy Transfer L.P. (ET) A Good Stock To Buy? – Yahoo Finance” published on June 14, 2019 as well as Finance.Yahoo.com‘s news article titled: “Sherwin-Williams to Webcast Financial Community Presentation on June 5, 2019 – Yahoo Finance” with publication date: May 20, 2019.

Investors sentiment increased to 1.12 in Q1 2019. Its up 0.14, from 0.98 in 2018Q4. It improved, as 42 investors sold SHW shares while 244 reduced holdings. 88 funds opened positions while 233 raised stakes. 67.67 million shares or 5.18% less from 71.36 million shares in 2018Q4 were reported. Cohen Klingenstein Limited Com has 1,265 shares. Estabrook owns 50 shares. Quantitative Inv Management Ltd Liability holds 17,500 shares. Tortoise Invest Mngmt Llc, New York-based fund reported 17 shares. Element Cap Management Limited Liability Com holds 0.04% or 2,887 shares. Investment House Limited Liability Corporation holds 0.03% of its portfolio in The Sherwin-Williams Company (NYSE:SHW) for 600 shares. Motley Fool Asset Mngmt Ltd Liability Corporation invested 0.07% in The Sherwin-Williams Company (NYSE:SHW). Bw Gestao De Investimentos Ltda has invested 11.57% in The Sherwin-Williams Company (NYSE:SHW). Massachusetts-based Wellington Grp Ltd Liability Partnership has invested 0.04% in The Sherwin-Williams Company (NYSE:SHW). Mackenzie Financial owns 452,386 shares. Waddell & Reed Fin holds 0.28% of its portfolio in The Sherwin-Williams Company (NYSE:SHW) for 261,612 shares. 26,867 are held by American Int Gp Inc. Nippon Life Global Invsts Americas Inc stated it has 0.15% in The Sherwin-Williams Company (NYSE:SHW). Moreover, Capital Planning Advisors Limited Liability Company has 0.45% invested in The Sherwin-Williams Company (NYSE:SHW). Valmark Advisers holds 0.01% or 1,259 shares.

Analysts await The Sherwin-Williams Company (NYSE:SHW) to report earnings on July, 23. They expect $6.37 EPS, up 11.17% or $0.64 from last year’s $5.73 per share. SHW’s profit will be $588.06M for 18.44 P/E if the $6.37 EPS becomes a reality. After $3.60 actual EPS reported by The Sherwin-Williams Company for the previous quarter, Wall Street now forecasts 76.94% EPS growth.

Hanesbrands Inc. (NYSE:HBI) Institutional Positions Chart

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