Addenda Capital Has Lowered Its Gildan Activewear (GIL) Holding; Kansas City Southern (KSU) Has 0.85 Sentiment

Gildan Activewear Inc. (NYSE:GIL) Logo

Kansas City Southern (KSU) investors sentiment decreased to 0.85 in 2018 Q1. It’s down -0.42, from 1.27 in 2017Q4. The ratio worsened, as 189 active investment managers opened new and increased holdings, while 223 trimmed and sold holdings in Kansas City Southern. The active investment managers in our database now possess: 86.43 million shares, down from 86.48 million shares in 2017Q4. Also, the number of active investment managers holding Kansas City Southern in top ten holdings increased from 1 to 2 for an increase of 1. Sold All: 56 Reduced: 167 Increased: 136 New Position: 53.

Addenda Capital Inc decreased Gildan Activewear Inc (GIL) stake by 28.05% reported in 2018Q1 SEC filing. Addenda Capital Inc sold 131,875 shares as Gildan Activewear Inc (GIL)’s stock declined 1.57%. The Addenda Capital Inc holds 338,191 shares with $9.80M value, down from 470,066 last quarter. Gildan Activewear Inc now has $6.17B valuation. The stock decreased 1.73% or $0.51 during the last trading session, reaching $28.91. About 358,296 shares traded. Gildan Activewear Inc. (NYSE:GIL) has risen 3.60% since June 6, 2017 and is uptrending. It has underperformed by 8.97% the S&P500. Some Historical GIL News: ; 02/05/2018 – GILDAN EXPECTS SOCKS BUSINESS TO DROP BY $70 MILLION THIS YEAR; 02/05/2018 – Gildan Activewear Reaffirms 2018 Fincl Guidance; 02/05/2018 – GILDAN ACTIVEWEAR CONTINUES TO ASSUME ~4% 2018 INCOME TAX RATE; 04/05/2018 – Gildan Activewear Closes Below 50-Day Moving Average; 02/05/2018 – GILDAN CEO GLENN CHAMANDY COMMENTS ON EARNINGS CALL; 02/05/2018 – GILDAN TO MANUFACTURE SELECTIVELY FOR RETAILERS’ PRIVATE LABELS; 04/05/2018 – Gildan Activewear Reports on Shareholders’ Voting Results for the Election of Directors; 02/05/2018 – Gildan Activewear 1Q Adj EPS 34c; 12/04/2018 – WSOCTV: #BREAKING: Several fire departments on scene of a working structure fire reported at the Gildan Yarn plant in Salis…; 29/03/2018 – Gildan Activewear Nominates Four New Directors to Board

Among 14 analysts covering Gildan Activewear Inc. (NYSE:GIL), 7 have Buy rating, 0 Sell and 7 Hold. Therefore 50% are positive. Gildan Activewear Inc. has $47 highest and $28 lowest target. $36.58’s average target is 26.53% above currents $28.91 stock price. Gildan Activewear Inc. had 40 analyst reports since August 4, 2015 according to SRatingsIntel. BMO Capital Markets maintained Gildan Activewear Inc. (NYSE:GIL) on Friday, July 7 with “Buy” rating. Zacks upgraded the stock to “Sell” rating in Monday, August 17 report. The rating was downgraded by RBC Capital Markets to “Hold” on Tuesday, July 11. The rating was reinitiated by Goldman Sachs with “Buy” on Friday, December 8. The firm has “Buy” rating by TD Securities given on Thursday, May 3. The firm earned “Buy” rating on Tuesday, August 4 by Desjardins Securities. RBC Capital Markets maintained it with “Buy” rating and $3100 target in Monday, June 19 report. The firm has “Buy” rating by BMO Capital Markets given on Friday, October 20. The stock has “Neutral” rating by DA Davidson on Monday, October 26. The stock of Gildan Activewear Inc. (NYSE:GIL) has “Buy” rating given on Friday, August 4 by GMP Securities.

More news for Gildan Activewear Inc. (NYSE:GIL) were recently published by: Seekingalpha.com, which released: “Gildan Activewear: Pressures To Its Bottom Line” on May 21, 2018. Equitiesfocus.com‘s article titled: “17700 Shares in Gildan Activewear Inc (NYSE:GIL) Purchased by Liberty Mutual Group Asset Management Inc.” and published on June 05, 2018 is yet another important article.

Analysts await Gildan Activewear Inc. (NYSE:GIL) to report earnings on August, 2. They expect $0.49 earnings per share, 0.00% or $0.00 from last year’s $0.49 per share. GIL’s profit will be $104.53M for 14.75 P/E if the $0.49 EPS becomes a reality. After $0.34 actual earnings per share reported by Gildan Activewear Inc. for the previous quarter, Wall Street now forecasts 44.12% EPS growth.

Since January 1, 0001, it had 1 buying transaction, and 3 selling transactions for $419,213 activity.

Ratings analysis reveals 63% of KC Southern’s analysts are positive. Out of 8 Wall Street analysts rating KC Southern, 5 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $96.0 while the high is $106.0. The stock’s average target of $101.40 is -4.11% below today’s ($105.75) share price. KSU was included in 9 notes of analysts from August 20, 2015. Cowen & Co maintained the shares of KSU in report on Monday, October 5 with “Market Perform” rating. Stifel Nicolaus upgraded Kansas City Southern (NYSE:KSU) on Thursday, August 27 to “Sell” rating. The firm has “Accumulate” rating given on Wednesday, October 19 by Seaport Global Securities. Stifel Nicolaus upgraded the shares of KSU in report on Friday, December 16 to “Buy” rating. The rating was downgraded by Bank of America on Wednesday, November 9 to “Neutral”. The rating was maintained by UBS with “Buy” on Wednesday, October 19. The rating was maintained by RBC Capital Markets with “Outperform” on Monday, October 19. Macquarie Research upgraded the shares of KSU in report on Thursday, August 20 to “Neutral” rating. The stock of Kansas City Southern (NYSE:KSU) has “Buy” rating given on Wednesday, January 18 by Buckingham Research.

The stock decreased 0.93% or $0.99 during the last trading session, reaching $105.75. About 1.32M shares traded or 12.82% up from the average. Kansas City Southern (KSU) has risen 20.38% since June 6, 2017 and is uptrending. It has outperformed by 7.81% the S&P500. Some Historical KSU News: ; 18/04/2018 – Kansas City Southern Above Peer Average; 07/05/2018 – KCS’ Mike Upchurch to Address the Bank of America Merrill Lynch 2018 Transportation Conference; 05/03/2018 – KANSAS CITY SOUTHERN INVESTING IN MEXICO RAIL CROSSING, SPUR; 08/03/2018 – KSU:RESOLUTION DISMISSES PRELIM INVESTIGATING AUTHORITY REPORT; 08/03/2018 – KANSAS CITY SOUTHERN – RECEIVED FINAL RESOLUTION HANDED DOWN BY PANEL OF MEXICAN ECONOMIC COMPETITION COMMISSION; 20/04/2018 – Kansas City Southern 1Q Rev $638.6M; 30/04/2018 – Kansas City Southern and CloudMoyo Partner to Modernize Railroad Operating System; 15/03/2018 – KCS’ Mike Upchurch to Address the Bank of America Merrill Lynch 2018 Global Industrials Conference; 25/04/2018 – Kansas City Southern Re-Launches Intermodal Service between New Orleans and Dallas; 30/04/2018 – Kansas City Southern at Bank of America Conference May 15

Another recent and important Kansas City Southern (NYSE:KSU) news was published by Benzinga.com which published an article titled: “Stifel Rides The Rails, Initiates Seven Stocks” on May 24, 2018.

Kansas City Southern, through its subsidiaries, provides freight rail transportation services. The company has market cap of $10.85 billion. The firm operates north/south rail route between Kansas City, Missouri, and various ports along the Gulf of Mexico in Alabama, Louisiana, Mississippi, and Texas. It has a 11.54 P/E ratio. It also operates direct rail passageway between Mexico City and Laredo, Texas serving MexicoÂ’s industrial cities and three of its seaports; and owns a 157-mile rail line extending from Laredo, Texas to the port city of Corpus Christi, Texas.

P.R. Herzig & Co. Inc. holds 4.05% of its portfolio in Kansas City Southern for 18,330 shares. Matthew 25 Management Corp owns 110,000 shares or 3.58% of their US portfolio. Moreover, Scharf Investments Llc has 2.87% invested in the company for 929,817 shares. The California-based Bedell Frazier Investment Counseling Llc has invested 2.81% in the stock. Impala Asset Management Llc, a Connecticut-based fund reported 495,488 shares.

Kansas City Southern (NYSE:KSU) Institutional Positions Chart