Hantz Financial Services Inc. lessened its position in adidas AG (OTCMKTS:ADDYY - Free Report) by 9.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 33,558 shares of the company's stock after selling 3,654 shares during the period. Hantz Financial Services Inc.'s holdings in adidas were worth $4,086,000 at the end of the most recent reporting period.
Separately, GAMMA Investing LLC raised its holdings in shares of adidas by 29.4% during the third quarter. GAMMA Investing LLC now owns 792 shares of the company's stock valued at $105,000 after acquiring an additional 180 shares during the period.
Analyst Ratings Changes
A number of equities analysts recently commented on ADDYY shares. Sanford C. Bernstein raised shares of adidas from a "market perform" rating to an "outperform" rating in a research note on Monday, January 6th. HSBC downgraded shares of adidas from a "buy" rating to a "hold" rating in a research report on Wednesday, October 23rd. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, adidas has an average rating of "Moderate Buy".
View Our Latest Stock Report on adidas
adidas Stock Performance
ADDYY stock traded up $0.80 during trading on Thursday, reaching $133.49. 39,378 shares of the stock were exchanged, compared to its average volume of 41,778. The stock has a 50 day simple moving average of $124.04 and a 200-day simple moving average of $122.98. The company has a current ratio of 1.32, a quick ratio of 0.78 and a debt-to-equity ratio of 0.44. The company has a market capitalization of $47.67 billion, a P/E ratio of 102.68 and a beta of 1.18. adidas AG has a twelve month low of $88.03 and a twelve month high of $135.68.
adidas (OTCMKTS:ADDYY - Get Free Report) last issued its earnings results on Tuesday, October 29th. The company reported $1.34 EPS for the quarter, topping the consensus estimate of $1.09 by $0.25. The firm had revenue of $7.08 billion during the quarter, compared to analysts' expectations of $7.01 billion. adidas had a return on equity of 7.39% and a net margin of 1.91%. As a group, sell-side analysts anticipate that adidas AG will post 2.21 earnings per share for the current year.
adidas Profile
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Free Report)
adidas AG, together with its subsidiaries, designs, develops, produces, and markets athletic and sports lifestyle products in Europe, the Middle East, Africa, North America, Greater China, the Asia-Pacific, and Latin America. It offers footwear, apparel, and accessories and gear, such as bags and balls under the adidas brand; golf footwear and apparel under the adidas Golf brand; and outdoor footwear under the Five Ten brand.
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