Foundation Resource Management Cut Its Hanesbrands (HBI) Holding; Rex Energy (REXX) Had 0 Analysts Last Week

Among 9 analysts covering Rex Energy (NASDAQ:REXX), 0 have Buy rating, 1 Sell and 8 Hold. Therefore 0 are positive. Rex Energy had 29 analyst reports since July 21, 2015 according to SRatingsIntel. KLR Group downgraded Rex Energy Corporation (NASDAQ:REXX) on Tuesday, January 19 to “Hold” rating. On Monday, November 23 the stock rating was downgraded by Imperial Capital to “In-Line”. The stock of Rex Energy Corporation (NASDAQ:REXX) earned “Outperform” rating by Northland Capital on Thursday, July 30. The firm has “Hold” rating by Stifel Nicolaus given on Thursday, September 29. RBC Capital Markets maintained Rex Energy Corporation (NASDAQ:REXX) on Thursday, September 28 with “Buy” rating. Northland Capital maintained Rex Energy Corporation (NASDAQ:REXX) rating on Monday, July 17. Northland Capital has “Hold” rating and $400 target. The company was downgraded on Tuesday, December 22 by KeyBanc Capital Markets. KeyBanc Capital Markets maintained the shares of REXX in report on Tuesday, September 5 with “Hold” rating. As per Thursday, July 20, the company rating was maintained by RBC Capital Markets. Stifel Nicolaus downgraded it to “Sell” rating and $0.75 target in Tuesday, December 1 report. See Rex Energy Corporation (NASDAQ:REXX) latest ratings:

11/12/2017 Broker: Northland Capital Rating: Hold New Target: $2.0 Maintain
16/11/2017 Broker: SunTrust Rating: Hold New Target: $2.0 Maintain
13/11/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
09/11/2017 Broker: RBC Capital Markets Rating: Hold New Target: $3.0 Maintain
03/10/2017 Broker: RBC Capital Markets Old Rating: Outperform New Rating: Sector Perform Downgrade
28/09/2017 Broker: RBC Capital Markets Rating: Buy New Target: $4.0 Maintain
25/09/2017 Broker: Northland Capital Rating: Hold New Target: $4.0 Maintain

Foundation Resource Management Inc decreased Hanesbrands Inc (HBI) stake by 55.26% reported in 2017Q3 SEC filing. Foundation Resource Management Inc sold 20,622 shares as Hanesbrands Inc (HBI)’s stock declined 1.43%. The Foundation Resource Management Inc holds 16,697 shares with $411,000 value, down from 37,319 last quarter. Hanesbrands Inc now has $7.21B valuation. The stock increased 2.41% or $0.47 during the last trading session, reaching $20.01. About 5.86M shares traded. Hanesbrands Inc. (NYSE:HBI) has declined 23.23% since March 11, 2017 and is downtrending. It has underperformed by 39.93% the S&P500.

Since February 15, 2018, it had 0 insider buys, and 1 sale for $1.07 million activity. $1.07M worth of Hanesbrands Inc. (NYSE:HBI) was sold by Upchurch W Howard Jr on Thursday, February 15.

Analysts await Hanesbrands Inc. (NYSE:HBI) to report earnings on May, 1. They expect $0.24 earnings per share, down 17.24% or $0.05 from last year’s $0.29 per share. HBI’s profit will be $86.45M for 20.84 P/E if the $0.24 EPS becomes a reality. After $0.52 actual earnings per share reported by Hanesbrands Inc. for the previous quarter, Wall Street now forecasts -53.85% negative EPS growth.

Investors sentiment decreased to 1.11 in Q3 2017. Its down 0.04, from 1.15 in 2017Q2. It worsened, as 43 investors sold HBI shares while 189 reduced holdings. 78 funds opened positions while 188 raised stakes. 334.65 million shares or 1.31% more from 330.33 million shares in 2017Q2 were reported. State Of Wisconsin Board reported 0.02% of its portfolio in Hanesbrands Inc. (NYSE:HBI). Moreover, Wellington Shields Co Limited Com has 0.07% invested in Hanesbrands Inc. (NYSE:HBI). Macquarie Group Inc Ltd owns 257,133 shares. 71,000 were reported by Midas Mngmt. Moreover, Oak Assocs Oh has 0.34% invested in Hanesbrands Inc. (NYSE:HBI). Teton reported 24,564 shares. Great West Life Assurance Communication Can invested in 271,734 shares. Wolverine Asset Management Ltd Liability reported 0% of its portfolio in Hanesbrands Inc. (NYSE:HBI). Davidson Garrard has invested 0.5% in Hanesbrands Inc. (NYSE:HBI). Tradewinds Capital Mngmt Ltd Llc accumulated 832 shares. Asset Mngmt One Company Ltd stated it has 596,981 shares or 0.03% of all its holdings. Pr Herzig & Inc has invested 2.5% in Hanesbrands Inc. (NYSE:HBI). Putnam Limited Com stated it has 0.06% of its portfolio in Hanesbrands Inc. (NYSE:HBI). Ftb Advsr Inc has 0.03% invested in Hanesbrands Inc. (NYSE:HBI) for 12,193 shares. Fincl Bank Of America Corporation De reported 987,679 shares.

Among 19 analysts covering Hanesbrands (NYSE:HBI), 11 have Buy rating, 0 Sell and 8 Hold. Therefore 58% are positive. Hanesbrands has $42 highest and $20 lowest target. $26.11’s average target is 30.48% above currents $20.01 stock price. Hanesbrands had 57 analyst reports since September 17, 2015 according to SRatingsIntel. The rating was downgraded by Morgan Stanley to “Equal-Weight” on Monday, February 27. The stock has “Buy” rating by Buckingham Research on Thursday, November 2. The stock of Hanesbrands Inc. (NYSE:HBI) has “Buy” rating given on Monday, January 11 by Nomura. Morgan Stanley maintained Hanesbrands Inc. (NYSE:HBI) rating on Monday, August 7. Morgan Stanley has “Equal-Weight” rating and $24 target. The stock has “Neutral” rating by Citigroup on Friday, February 9. The firm earned “Hold” rating on Friday, February 3 by Stifel Nicolaus. The rating was upgraded by DA Davidson to “Buy” on Monday, December 12. On Friday, February 3 the stock rating was maintained by UBS with “Buy”. Wells Fargo maintained it with “Market Perform” rating and $20 target in Friday, February 9 report. The firm has “Buy” rating by Oppenheimer given on Tuesday, August 29.

Rex Energy Corporation operates as an independent condensate, natural gas liquid , and natural gas firm in the Appalachian basin in the United States. The company has market cap of $10.63 million. It focuses on the Marcellus Shale, Utica Shale, and Burkett Shale drilling and exploration activities. It currently has negative earnings. As of December 31, 2016, the firm had estimated proved reserves of 647.8 billion cubic feet equivalent; and owned interests in approximately 559.0 condensate, NGL, and natural gas wells.