Beacon Financial Group Has Upped Hanesbrand (HBI) Position By $7.85 Million; Allied Motion Technologies Has 2.25 Sentiment

Allied Motion Technologies Inc. designs, makes, and sells precision and specialty motion control components and systems that are used in a range of industries worldwide. The company has market cap of $307.03 million. It provides electronic motion control products, including integrated power electronics, digital controls, and network communications for motor control and power conversion; and fractional horsepower brushless DC motors for medical, industrial, and commercial aviation applications, such as dialysis equipment, industrial ink jet printers, cash dispensers, bar code readers, laser scanning equipment, fuel injection systems, HVAC actuators, waste water treatment equipment, dosing systems for the medical industry, and textile manufacturing and document handling equipment. It has a 33.9 P/E ratio. The firm also offers engineered fractional horsepower permanent magnet DC and brushless DC motors for a range of original equipment applications; and brushless DC motors, including servo motors, frameless motors, torque motors, high speed slotless motors, high resolution encoders, and motor/encoder assemblies for medical equipment, semiconductor, industrial, and aerospace and defense markets.

Beacon Financial Group increased Hanesbrand Inc (HBI) stake by 335.7% reported in 2017Q3 SEC filing. Beacon Financial Group acquired 326,896 shares as Hanesbrand Inc (HBI)’s stock declined 1.43%. The Beacon Financial Group holds 424,272 shares with $10.45M value, up from 97,376 last quarter. Hanesbrand Inc now has $7.21B valuation. The stock increased 2.41% or $0.47 during the last trading session, reaching $20.01. About 5.86 million 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.

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 New Jersey Common Pension Fund D owns 285,000 shares for 0.03% of their portfolio. First Allied Advisory Inc reported 87,507 shares. 20,407 are owned by Dynamic Advsr Solutions Limited Liability Com. Ameritas Ptnrs Incorporated invested in 8,213 shares. Hudock Capital Gp Limited Liability Co owns 91 shares. Dudley Shanley Limited Com holds 3.32% in Hanesbrands Inc. (NYSE:HBI) or 611,400 shares. Credit Agricole S A holds 3.59 million shares. Monetary Mngmt Group Inc has invested 0% in Hanesbrands Inc. (NYSE:HBI). Ahl Prns Llp has 0.02% invested in Hanesbrands Inc. (NYSE:HBI) for 42,316 shares. Ledyard Comml Bank holds 0.18% or 55,775 shares in its portfolio. Ftb Advisors has invested 0.03% in Hanesbrands Inc. (NYSE:HBI). Synovus Corporation accumulated 56,617 shares. D E Shaw accumulated 51,105 shares. Td Asset Mngmt invested in 164,781 shares or 0.01% of the stock. 39,831 were reported by Oregon Pub Employees Retirement Fund.

Since February 15, 2018, it had 0 insider purchases, and 1 sale for $1.07 million activity. Upchurch W Howard Jr sold $1.07 million worth of stock or 51,743 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. As per Monday, September 25, the company rating was maintained by Stifel Nicolaus. The firm earned “Hold” rating on Friday, February 3 by Stifel Nicolaus. The firm has “Equal-Weight” rating by Morgan Stanley given on Monday, August 7. The firm has “Buy” rating given on Tuesday, August 29 by Oppenheimer. On Tuesday, October 24 the stock rating was downgraded by Oppenheimer to “Perform”. As per Thursday, November 2, the company rating was maintained by Morgan Stanley. DA Davidson upgraded it to “Buy” rating and $29 target in Monday, December 12 report. The stock of Hanesbrands Inc. (NYSE:HBI) earned “Overweight” rating by Barclays Capital on Thursday, January 25. The firm has “Buy” rating given on Friday, February 9 by B. Riley & Co. The firm has “Neutral” rating given on Tuesday, December 19 by Citigroup.

Ack Asset Management Llc holds 2.24% of its portfolio in Allied Motion Technologies Inc. for 320,443 shares. Thomson Horstmann & Bryant Inc owns 471,865 shares or 1.64% of their US portfolio. Moreover, Walthausen & Co. Llc has 0.56% invested in the company for 238,547 shares. The Virginia-based Investment Management Of Virginia Llc has invested 0.36% in the stock. Ancora Advisors Llc, a Us-based fund reported 160,963 shares.

Analysts await Allied Motion Technologies Inc. (NASDAQ:AMOT) to report earnings on March, 12. They expect $0.23 EPS, up 187.50% or $0.15 from last year’s $0.08 per share. AMOT’s profit will be $2.17M for 35.30 P/E if the $0.23 EPS becomes a reality. After $0.33 actual EPS reported by Allied Motion Technologies Inc. for the previous quarter, Wall Street now forecasts -30.30% negative EPS growth.

The stock increased 3.77% or $1.18 during the last trading session, reaching $32.48. About 70,184 shares traded or 95.75% up from the average. Allied Motion Technologies Inc. (AMOT) has risen 17.46% since March 11, 2017 and is uptrending. It has outperformed by 0.76% the S&P500.