Hanesbrands (HBI) : American Trust Investment Advisors added new position in Hanesbrands during the most recent quarter end. The investment management firm now holds 76,960 shares of Hanesbrands which is valued at $2,086,386 , the company said in a statement filed on Aug 15, 2016 with the SEC.Hanesbrands makes up approximately 2.04% of American Trust Investment Advisors’s portfolio.
Other Hedge Funds, Including , Zions Bancorporation added HBI to its portfolio by purchasing 3 company shares during the most recent quarter which is valued at $81.Baird Financial Group boosted its stake in HBI in the latest quarter, The investment management firm added 1,082,525 additional shares and now holds a total of 1,927,488 shares of Hanesbrands which is valued at $52,254,200. Hanesbrands makes up approx 0.46% of Baird Financial Group’s portfolio. Rafferty Asset Management added HBI to its portfolio by purchasing 21,724 company shares during the most recent quarter which is valued at $592,196. Hanesbrands makes up approx 0.04% of Rafferty Asset Management’s portfolio.Thompson Davis boosted its stake in HBI in the latest quarter, The investment management firm added 320 additional shares and now holds a total of 441 shares of Hanesbrands which is valued at $11,263. Hanesbrands makes up approx 0.02% of Thompson Davis’s portfolio.Mutual Of America Capital Management reduced its stake in HBI by selling 4,000 shares or 8.32% in the most recent quarter. The Hedge Fund company now holds 44,057 shares of HBI which is valued at $1,101,866. Hanesbrands makes up approx 0.02% of Mutual Of America Capital Management’s portfolio.
Hanesbrands closed down -0.02 points or -0.08% at $26.52 with 20,33,910 shares getting traded on Thursday. Post opening the session at $26.53, the shares hit an intraday low of $26.3 and an intraday high of $26.63 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
On the company’s financial health, Hanesbrands reported $0.51 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Aug 2, 2016. Analyst had a consensus of $0.52. The company had revenue of $1470.00 million for the quarter, compared to analysts expectations of $1530.65 million. The company’s revenue was down -3.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.50 EPS.
Hanesbrands Inc. is a manufacturer and marketer of apparel. The Company operates through four segments: Innerwear Activewear Direct to Consumer and International. The Company’s innerwear and activewear apparel brands include Hanes Champion Bali Playtex Maidenform JMS/Just My Size L’eggs Flexees barely there Wonderbra Gear for Sports and Lilyette. Its international brands also include DIM Nur Die/Nur Der Zorba Rinbros and Shock Absorber among others. The Company’s Innerwear segment focuses on apparel products such as intimate apparel men’s underwear children’s underwear and socks. In the activewear market it sells products such as T-shirts and fleece to both retailers and wholesalers. Its Direct to Consumer operations include its domestic Company-operated outlet stores catalogs and Website operations that sell its branded products to consumers in the United States. The Company’s international markets are Europe Canada Japan Mexico Brazil and Australia.