Hanesbrands Inc. (NYSE:HBI) is expected to pay $0.11 on Dec 6, 2016. The indicated annual dividend is $0.44. Shareholders owning the stock before Nov 10, 2016 will be eligible to receive the payout. Based on Hanesbrands Inc.’s current price of $24.26, the dividend is 0.45%. This dividend’s record date is Nov 15, 2016 and the announcement date is Oct 26, 2016. The stock decreased 0.16% or $0.04 on November 8, hitting $24.26. Hanesbrands Inc. (NYSE:HBI) has declined 12.95% since April 7, 2016 and is downtrending. It has underperformed by 17.74% the S&P500.
Hanesbrands Inc. is a manufacturer and marketer of apparels. The company has a market cap of $9.38 billion. The Firm operates through four divisions: Innerwear, Activewear, Direct to Consumer and International. It has a 18.74 P/E ratio. The Company’s portfolio of brands includes Hanes, Champion, Maidenform, DIM, Playtex, Bali, JMS/Just My Size, Nur Die/Nur Der, L’eggs, Lovable, Wonderbra, Flexees, Lilyette and Gear for Sports.
Insitutional Activity: The institutional sentiment increased to 1.04 in Q2 2016. Its up 0.07, from 0.97 in 2016Q1. The ratio increased, as 55 funds sold all Hanesbrands Inc. shares owned while 172 reduced positions. 59 funds bought stakes while 177 increased positions. They now own 331.36 million shares or 4.80% more from 316.18 million shares in 2016Q1.
Mutual Of America Management Ltd accumulated 0.02% or 44,057 shares. Janus Cap Mgmt Limited Liability Company last reported 852,200 shares in the company. Livforsakringsbolaget Skandia Omsesidigt accumulated 115,065 shares or 0.13% of the stock. Everpoint Asset Mngmt Ltd holds 0.08% of its portfolio in Hanesbrands Inc. (NYSE:HBI) for 155,131 shares. Tradewinds Cap Mngmt Limited Liability Company reported 712 shares or 0.01% of all its holdings. Dekabank Deutsche Girozentrale has invested 0% of its portfolio in Hanesbrands Inc. (NYSE:HBI). Chieftain Capital Mgmt Inc last reported 12.03M shares in the company. Prudential holds 0.02% or 557,840 shares in its portfolio. Louisiana State Employees Retirement holds 0.03% or 24,800 shares in its portfolio. Meeder Asset Management Inc has 0% invested in the company for 8 shares. Principal Gp holds 0.02% of its portfolio in Hanesbrands Inc. (NYSE:HBI) for 576,144 shares. Federated Investors Inc Pa, a Pennsylvania-based fund reported 971,031 shares. Columbia Wanger Asset Ltd Com accumulated 2.37M shares or 0.69% of the stock. Eagle Asset Mgmt holds 143,935 shares or 0.03% of its portfolio. Rafferty Asset Limited Liability Corp accumulated 0.04% or 21,724 shares.
Insider Transactions: Since June 3, 2016, the stock had 1 insider purchase, and 1 sale for $214,780 net activity. 20,000 shares were bought by NOLL RICHARD A, worth $514,742 on Tuesday, August 9. The insider Marsh John T. sold 10,986 shares worth $299,962.
Hanesbrands Inc. (NYSE:HBI) Ratings Coverage
Out of 12 analysts covering Hanesbrands (NYSE:HBI), 10 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 83% are positive. Hanesbrands has been the topic of 20 analyst reports since September 17, 2015 according to StockzIntelligence Inc. The stock of Hanesbrands Inc. (NYSE:HBI) has “Buy” rating given on Thursday, August 4 by Citigroup. The stock of Hanesbrands Inc. (NYSE:HBI) has “Buy” rating given on Friday, February 5 by UBS. On Thursday, October 22 the stock rating was reinitiated by Wells Fargo with “Outperform”. The rating was downgraded by Cowen & Co to “Market Perform” on Wednesday, October 12. Goldman Sachs upgraded the stock to “Buy” rating in Thursday, September 17 report. The rating was downgraded by DA Davidson to “Neutral” on Monday, October 26. The firm earned “Outperform” rating on Friday, October 16 by Oppenheimer. On Monday, January 11 the stock rating was upgraded by Nomura to “Buy”. The firm has “Conviction Buy” rating given on Friday, December 4 by Goldman Sachs.
More recent Hanesbrands Inc. (NYSE:HBI) news were published by: Fool.com which released: “Why Hanesbrands Inc. Stock Stretched Higher Today” on October 28, 2016. Also Forbes.com published the news titled: “HanesBrands Becomes Oversold” on October 13, 2016. Nasdaq.com‘s news article titled: “Earnings Reaction History: Hanesbrands Inc., 66.7% Follow-Through Indicator, 6 …” with publication date: October 27, 2016 was also an interesting one.
HBI Company Profile
Hanesbrands Inc., incorporated on October 30, 2005, is a maker and marketer of apparels. The Firm operates through four divisions: Innerwear, Activewear, Direct to Consumer and International. The Company’s portfolio of brands includes Hanes, Champion, Maidenform, DIM, Playtex, Bali, JMS/Just My Size, Nur Die/Nur Der, L’eggs, Lovable, Wonderbra, Flexees, Lilyette and Gear for Sports. The Company’s Hanes brand offers various products, including men’s, women’s and children’s underwear, bras, socks, T-shirts, fleece, shape wear and sheer hosiery. The Company’s Champion brand offers athletic apparel, including sports bras, team uniforms, and gym essentials, such as T-shirts, mesh shorts and fleece hoodies.
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