Hanesbrands Inc. (NYSE:HBI) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC decreased its position in shares of Hanesbrands Inc. (NYSE:HBI) by 2.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 149,470 shares of the textile maker’s stock after selling 3,319 shares during the quarter. Yousif Capital Management LLC’s holdings in Hanesbrands were worth $1,217,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. FMR LLC lifted its stake in Hanesbrands by 203.5% during the 3rd quarter. FMR LLC now owns 115,833 shares of the textile maker’s stock valued at $851,000 after acquiring an additional 77,669 shares during the period. Hennessy Advisors Inc. purchased a new position in shares of Hanesbrands during the fourth quarter worth $62,199,000. International Assets Investment Management LLC lifted its position in Hanesbrands by 481.0% during the third quarter. International Assets Investment Management LLC now owns 520,037 shares of the textile maker’s stock valued at $3,822,000 after purchasing an additional 430,534 shares during the period. Whittier Trust Co. purchased a new stake in Hanesbrands in the third quarter valued at $51,000. Finally, Landscape Capital Management L.L.C. acquired a new stake in Hanesbrands during the 3rd quarter worth about $785,000. Hedge funds and other institutional investors own 80.31% of the company’s stock.

Hanesbrands Price Performance

NYSE:HBI opened at $6.24 on Friday. The company has a quick ratio of 0.90, a current ratio of 1.49 and a debt-to-equity ratio of 21.50. Hanesbrands Inc. has a 52 week low of $4.06 and a 52 week high of $9.10. The stock’s 50-day moving average price is $8.25 and its 200-day moving average price is $7.45. The stock has a market capitalization of $2.20 billion, a PE ratio of -9.46 and a beta of 1.63.

Hanesbrands (NYSE:HBI) last issued its quarterly earnings data on Thursday, February 13th. The textile maker reported $0.17 EPS for the quarter, beating the consensus estimate of $0.14 by $0.03. Hanesbrands had a positive return on equity of 44.72% and a negative net margin of 5.24%. As a group, equities analysts expect that Hanesbrands Inc. will post 0.39 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages have recently issued reports on HBI. Barclays boosted their price objective on Hanesbrands from $6.00 to $7.00 and gave the company an “equal weight” rating in a report on Monday, November 11th. UBS Group upgraded Hanesbrands from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $9.00 to $11.00 in a research report on Tuesday, November 26th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $6.90.

Hanesbrands Profile

Hanesbrands Inc, a consumer goods company, designs, manufactures, sources, and sells a range of range of innerwear apparels for men, women, and children in the Americas, Europe, the Asia pacific, and internationally. The company operates through three segments: Innerwear, Activewear, and International.