Edgepoint Investment Group Has Boosted Gildan Activewear (GIL) Stake By $2.47 Million; Brasilagro Brazilian Agric Real Estate CO Sponsore (LND) Shorts Up By 3.28%

April 21, 2018 - By Michael Leger

Gildan Activewear Inc. (NYSE:GIL) Logo

Brasilagro Brazilian Agric Real Estate CO Sponsore (NYSE:LND) had an increase of 3.28% in short interest. LND’s SI was 6,300 shares in April as released by FINRA. Its up 3.28% from 6,100 shares previously. With 600 avg volume, 11 days are for Brasilagro Brazilian Agric Real Estate CO Sponsore (NYSE:LND)’s short sellers to cover LND’s short positions. The SI to Brasilagro Brazilian Agric Real Estate CO Sponsore’s float is 0.03%. It closed at $3.85 lastly. It is up 13.95% since April 21, 2017 and is uptrending. It has outperformed by 2.40% the S&P500.

Edgepoint Investment Group Inc increased Gildan Activewear Inc (GIL) stake by 7.96% reported in 2017Q4 SEC filing. Edgepoint Investment Group Inc acquired 77,279 shares as Gildan Activewear Inc (GIL)’s stock declined 12.68%. The Edgepoint Investment Group Inc holds 1.05 million shares with $33.86M value, up from 970,781 last quarter. Gildan Activewear Inc now has $6.06B valuation. The stock decreased 0.48% or $0.14 during the last trading session, reaching $29.1. About 213,008 shares traded. Gildan Activewear Inc. (NYSE:GIL) has risen 7.13% since April 21, 2017 and is uptrending. It has underperformed by 4.42% the S&P500.

Edgepoint Investment Group Inc decreased Wabtec Corp (NYSE:WAB) stake by 22,240 shares to 5.14M valued at $418.84 million in 2017Q4. It also reduced Wesco Intl Inc (NYSE:WCC) stake by 8,715 shares and now owns 4.17M shares. Affiliated Managers Group (NYSE:AMG) was reduced too.

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. had 38 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was maintained by GMP Securities with “Buy” on Thursday, November 2. The rating was maintained by RBC Capital Markets on Wednesday, February 14 with “Hold”. Canaccord Genuity maintained Gildan Activewear Inc. (NYSE:GIL) on Thursday, July 6 with “Buy” rating. The rating was downgraded by BMO Capital Markets on Friday, November 3 to “Hold”. The stock has “Hold” rating by BMO Capital Markets on Thursday, February 22. The firm earned “Buy” rating on Friday, October 20 by BMO Capital Markets. The stock has “Buy” rating by BMO Capital Markets on Thursday, August 3. The firm earned “Hold” rating on Friday, November 3 by RBC Capital Markets. The firm has “Sell” rating given on Monday, August 17 by Zacks. Goldman Sachs reinitiated it with “Buy” rating and $37 target in Friday, December 8 report.

Investors sentiment decreased to 0 in 2017 Q4. Its down 1.00, from 1 in 2017Q3. It turned negative, as 0 investors sold BrasilAgro – Companhia Brasileira de Propriedades Agrícolas shares while 1 reduced holdings. 0 funds opened positions while 0 raised stakes. 139,563 shares or 0.01% less from 139,577 shares in 2017Q3 were reported. Citigroup, New York-based fund reported 3,000 shares. Northern Trust accumulated 136,463 shares. Bancorp Of America De reported 0% in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND).

Gildan Activewear Inc. (NYSE:GIL) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: