Verde Servicos Internacionais S.a. adds Hanesbrands (HBI) to its portfolio

Hanesbrands (HBI) : Verde Servicos Internacionais S.a. added new position in Hanesbrands during the most recent quarter end. The investment management firm now holds 551,390 shares of Hanesbrands which is valued at $14,898,558 , the company said in a statement filed on Jul 18, 2016 with the SEC.Hanesbrands makes up approximately 1.24% of Verde Servicos Internacionais S.a.’s portfolio.

Other Hedge Funds, Including , Highland Capital Management reduced its stake in HBI by selling 70 shares or 0.15% in the most recent quarter. The Hedge Fund company now holds 48,018 shares of HBI which is valued at $1,297,446. Hanesbrands makes up approx 0.11% of Highland Capital Management’s portfolio. Sonora Investment Management added HBI to its portfolio by purchasing 108 company shares during the most recent quarter which is valued at $2,864.Capital Analysts boosted its stake in HBI in the latest quarter, The investment management firm added 538 additional shares and now holds a total of 21,380 shares of Hanesbrands which is valued at $566,998. Hanesbrands makes up approx 0.11% of Capital Analysts’s portfolio. Boys Arnold Co Inc added HBI to its portfolio by purchasing 23,750 company shares during the most recent quarter which is valued at $629,850. Hanesbrands makes up approx 0.11% of Boys Arnold Co Inc’s portfolio.Integrated Investment Consultants boosted its stake in HBI in the latest quarter, The investment management firm added 73 additional shares and now holds a total of 2,208 shares of Hanesbrands which is valued at $55,200. Hanesbrands makes up approx 0.03% of Integrated Investment Consultants’s portfolio.

Hanesbrands opened for trading at $26.77 and hit $27.45 on the upside on Wednesday, eventually ending the session at $27.02, with a gain of 1.05% or 0.28 points. The heightened volatility saw the trading volume jump to 35,93,383 shares. Company has a market cap of $10,201 M.

On the company’s financial health, Hanesbrands reported $0.26 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Apr 21, 2016. Analyst had a consensus of $0.22. The company had revenue of $1219.10 million for the quarter, compared to analysts expectations of $1211.98 million. The company’s revenue was up .8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.22 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.

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