The Stock traded with an actual day volume of 6 Million and average volume of 6.28 Million respectively. Westpac Banking Corp's holdings in Gap, Inc. (The) were worth $326,000 as of its most recent SEC filing.
Several other hedge funds have also recently made changes to their positions in GPS. Stephens Inc. AR increased its position in shares of Gap, Inc. (The) by 1.5% in the first quarter. Arizona State Retirement System now owns 74,243 shares of the apparel retailer's stock worth $1,803,000 after buying an additional 200 shares during the last quarter. Analysts set a 12-month price target of $68.89 a share. (The) by 1.0% in the first quarter. State Treasurer State of MI now owns 72,046 shares of the apparel retailer's stock worth $1,750,000 after buying an additional 300 shares during the last quarter.
From another technical standpoint, The Gap, Inc. (The) during the fourth quarter worth approximately $33,632,000. Centre Asset Management LLC purchased a new stake in Gap, Inc. (The) by 1,623.5% in the first quarter. Private Advisor Group LLC now owns 10,700 shares of the apparel retailer's stock worth $245,000 after buying an additional 153 shares in the last quarter. (The) by 78.7% in the first quarter. Considering that the stock daily volume of 14.5 million shares, this represents a pretty noteworthy trading in volume size that is above six million trading capacity in last session. 21 told the investors of the company to "Hold" stock.
Shares of Gap, Inc. Illinois-based Ubs Asset Management Americas Inc has invested 0.02% in Gap Inc (NYSE:GPS). On a similar note, the stock is -1.84% below its 50-day moving average, providing a measure of support for short positions. The firm has a market cap of $8.96 billion, a price-to-earnings ratio of 13.090 and a beta of 0.86. Kirwan Jeff also sold $124,400 worth of Gap Inc (NYSE:GPS) on Tuesday, May 16. Investors acquired 619 put options on the stock. This represents an increase of approximately 443% compared to the typical volume of 114 put options. The apparel retailer reported $0.36 EPS for the quarter, topping the consensus estimate of $0.29 by $0.07. The business had revenue of $3.44 billion for the quarter, compared to analysts' expectations of $3.39 billion. During the same quarter a year ago, the company earned $0.32 EPS. Gap, Inc. (The)'s quarterly revenue was up.1% on a year-over-year basis. Similarly, full-year EPS forecasts have ranged between $2.01 and $2.06.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 26th. (JD) have 1.45 billion outstanding shares now held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.
According to Yahoo Finance, The Dividend Date for Gap Inc is Jul 26, 2017 and its Ex-Dividend Date is Jun 30, 2017. Jane Street Grp Ltd Limited Liability Company has invested 0% in Gap Inc (NYSE:GPS).
TRADEMARK VIOLATION NOTICE: This report was first posted by BNB Daily and is owned by of BNB Daily. If you are reading this news story on another site, it was stolen and republished in violation of U.S. and global trademark and copyright law. The Gap, Inc. (GPS) has made its way to a 12-month decline of -2.15%.
A number of hedge funds have recently added to or reduced their stakes in Global Positioning System. TheStreet downgraded Gap, Inc.
The Gap, Inc. has a consensus hold rating from 29 Wall Street analysts, and the number of shares now sold short amount to at least 12.76% of shares outstanding. The firm earned "Hold" rating on Thursday, October 1 by S&P Research. Gap Inc now has $9.17 billion valuation. (The) and gave the stock a "hold" rating in a report on Thursday, July 6th. Jefferies maintained Gap Inc (NYSE:GPS) rating on Friday, May 20. The stock has "Hold" rating by Zacks on Wednesday, August 12. Analysts have placed a $25.34 price target on The Gap, Inc., suggesting a 11.24% gain from recent close. (The) from a "market perform" rating to an "outperform" rating in a report on Monday, June 5th.
Among 5 analysts covering Kadant (NYSE:KAI), 3 have Buy rating, 0 Sell and 2 Hold. The stock now has a consensus rating of "Hold" and a consensus target price of $25.77. Tracking the stock price in relation to moving averages as well as highs and lows for the year might assist with evaluating future stock performance. Following the completion of the sale, the chief executive officer now directly owns 29,548 shares of the company's stock, valued at $735,154.24. Insiders sold a total of 7,000 shares of company stock valued at $169,120 over the last ninety days. Landscape Mgmt owns 76,927 shares.
The Gap, Inc.is an apparel retail company. The Firm offers apparel, accessories and personal care products for men, women and children under the Gap, Banana Republic, Old Navy, Athleta and Intermix brands. Its products are available to customers online through Company-owned Websites and through the use of third-parties that provide logistics and fulfillment services.
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