Gagnon Securities Has Lowered Equinix (EQIX) Holding By $2.39 Million; Michael Kors Holdings Limited (KORS) Covered By 10 Bulls



July 13, 2018 – By Estela Ashley

Michael Kors Holdings Limited (NYSE:KORS) Logo

Gagnon Securities Llc decreased Equinix Inc (EQIX) stake by 31.86% reported in 2018Q1 SEC filing. Gagnon Securities Llc sold 5,728 shares as Equinix Inc (EQIX)’s stock declined 1.56%. The Gagnon Securities Llc holds 12,250 shares with $5.12M value, down from 17,978 last quarter. Equinix Inc now has $35.22 billion valuation. The stock decreased 0.53% or $2.37 during the last trading session, reaching $443.3. About 216,084 shares traded. Equinix, Inc. (NASDAQ:EQIX) has declined 12.79% since July 13, 2017 and is downtrending. It has underperformed by 25.36% the S&P500.

Among 24 analysts covering Michael Kors (NYSE:KORS), 10 have Buy rating, 0 Sell and 14 Hold. Therefore 42% are positive. Michael Kors had 36 analyst reports since January 21, 2018 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, May 31 by Deutsche Bank. Piper Jaffray maintained the shares of KORS in report on Monday, February 5 with “Hold” rating. Susquehanna maintained it with “Buy” rating and $80.0 target in Tuesday, January 23 report. The stock has “Hold” rating by Cowen & Co on Wednesday, February 7. Credit Suisse maintained the shares of KORS in report on Thursday, May 31 with “Outperform” rating. The company was maintained on Tuesday, May 29 by Canaccord Genuity. The rating was maintained by PiperJaffray on Thursday, May 31 with “Neutral”. The stock of Michael Kors Holdings Limited (NYSE:KORS) has “Hold” rating given on Wednesday, February 7 by RBC Capital Markets. Morgan Stanley maintained Michael Kors Holdings Limited (NYSE:KORS) on Thursday, May 31 with “Equal-Weight” rating. The stock of Michael Kors Holdings Limited (NYSE:KORS) earned “Hold” rating by BMO Capital Markets on Wednesday, February 7. See Michael Kors Holdings Limited (NYSE:KORS) latest ratings:

09/07/2018 Broker: HSBC Rating: Buy New Target: $88 Initiates Coverage On
25/06/2018 Broker: Goldman Sachs Rating: Neutral New Target: $72 Initiates Coverage On
21/06/2018 Broker: UBS Rating: Neutral New Target: $70 Initiates Coverage On
10/06/2018 Broker: Oppenheimer Rating: Buy New Target: $90.0000 Maintain
07/06/2018 Broker: Susquehanna Old Rating: Positive New Rating: Positive Old Target: $62 Terminates
31/05/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $57 New Target: $61 Maintain
31/05/2018 Broker: Credit Suisse Old Rating: Outperform New Rating: Outperform Old Target: $75 New Target: $72 Maintain
31/05/2018 Broker: PiperJaffray Old Rating: Neutral New Rating: Neutral Old Target: $70 New Target: $66 Maintain
31/05/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $75 New Target: $73 Maintain
31/05/2018 Broker: Citigroup Old Rating: Neutral New Rating: Neutral Old Target: $75 New Target: $69 Maintain

Investors sentiment decreased to 1.1 in Q1 2018. Its down 0.34, from 1.44 in 2017Q4. It fall, as 36 investors sold Michael Kors Holdings Limited shares while 132 reduced holdings. 58 funds opened positions while 126 raised stakes. 116.43 million shares or 3.07% less from 120.12 million shares in 2017Q4 were reported. 383,680 are owned by D E Shaw Commerce. Susquehanna Intl Grp Llp holds 0% of its portfolio in Michael Kors Holdings Limited (NYSE:KORS) for 24,124 shares. Moreover, M&T National Bank Corporation has 0% invested in Michael Kors Holdings Limited (NYSE:KORS) for 4,236 shares. Nelson Roberts Advsr Lc, a California-based fund reported 75,186 shares. Farmers Merchants Inc invested in 158 shares or 0% of the stock. Principal Fincl Group Inc has 0.04% invested in Michael Kors Holdings Limited (NYSE:KORS). Moreover, Brinker Capital Inc has 0.03% invested in Michael Kors Holdings Limited (NYSE:KORS) for 11,757 shares. Hsbc Holding Public invested in 0.04% or 453,531 shares. Caprock Group Incorporated Incorporated holds 0.04% of its portfolio in Michael Kors Holdings Limited (NYSE:KORS) for 3,352 shares. Gsa Cap Llp owns 0.12% invested in Michael Kors Holdings Limited (NYSE:KORS) for 37,583 shares. Balyasny Asset Mgmt Limited Liability Corporation holds 0.2% of its portfolio in Michael Kors Holdings Limited (NYSE:KORS) for 765,919 shares. Citadel Advsr Ltd Llc has 0.05% invested in Michael Kors Holdings Limited (NYSE:KORS). Aimz Inv Ltd Liability Corporation has 1.56% invested in Michael Kors Holdings Limited (NYSE:KORS). Ing Groep Nv reported 0.03% in Michael Kors Holdings Limited (NYSE:KORS). 293,859 were accumulated by Voloridge Inv Management Ltd Co.

More news for Michael Kors Holdings Limited (NYSE:KORS) were recently published by: Investorplace.comwhich released: “Trade of the Day: Michael Kors Stock Is Ripe for the Picking” on July 12, 2018. Benzinga.com‘s article titled: “Barron’s Picks And Pans: Michael Kors, Royal Caribbean, Toll Brothers And More” and published on July 09, 2018 is yet another important article.

The stock increased 0.19% or $0.12 during the last trading session, reaching $66.57. About 1.52 million shares traded. Michael Kors Holdings Limited (NYSE:KORS) has risen 87.39% since July 13, 2017 and is uptrending. It has outperformed by 74.82% the S&P500. Some Historical KORS News: 14/03/2018 – Astound Commerce Expands to Toronto, Enhances Global Reach and Local Expertise in Canada; 30/05/2018 – MICHAEL KORS 4Q EPS 29C, EST. 60C; 30/05/2018 – MICHAEL KORS KORS.N – EXPECTS JIMMY CHOO BUSINESS NOT TO GENERATE SIGNIFICANT OPERATING INCOME IN THE SECOND AND FOURTH FY19 QUARTERS – CONF CALL; 30/05/2018 – Michael Kors Sees FY19 Rev $5.10B; 29/05/2018 – Michael Kors Holdings Limited Announces Participation at the Baird 2018 Global Consumer, Technology & Services Conference; 30/05/2018 – Michael Kors Closes Below 50-Day Moving Average: Technicals; 30/05/2018 – MICHAEL KORS HOLDINGS LTD – FOR FISCAL 2019, COMPANY EXPECTS TOTAL REVENUE TO BE APPROXIMATELY $5.10 BLN; 30/05/2018 – Michael Kors 4Q Rev $1.18B; 02/04/2018 – Kors Signs Pro Golfer Charl Schwartzel as First Golf Brand Ambassador; 30/05/2018 – Handbag maker Michael Kors tops 4th-quarter revenue estimates

Michael Kors Holdings Limited design, markets, distributes, and retails branded womenÂ’s apparel and accessories, and menÂ’s apparel. The company has market cap of $9.99 billion. The firm operates in three divisions: Retail, Wholesale, and Licensing. It has a 17.43 P/E ratio. The Retail segment is involved in the sale of womenÂ’s apparel; men’s apparel; accessories, which include handbags and small leather goods, such as wallets; footwear; and licensed products comprising watches, jewelry, fragrances, beauty products, and eyewear.

Since February 13, 2018, it had 0 insider buys, and 10 selling transactions for $66.15 million activity. Shares for $15.12M were sold by Kors Michael David on Friday, March 2. IDOL JOHN D had sold 150,000 shares worth $10.25 million. The insider Robinson Cathy Marie sold 6,097 shares worth $387,647. Benedetto M William also sold $255,752 worth of Michael Kors Holdings Limited (NYSE:KORS) on Friday, February 16. Reitman Stephen F had sold 6,500 shares worth $406,065 on Tuesday, February 13. The insider McDonough Krista A sold $794,557.

Among 9 analysts covering Equinix (NASDAQ:EQIX), 8 have Buy rating, 0 Sell and 1 Hold. Therefore 89% are positive. Equinix had 17 analyst reports since January 17, 2018 according to SRatingsIntel. The stock of Equinix, Inc. (NASDAQ:REIT) has “Buy” rating given on Thursday, June 21 by Credit Suisse. On Tuesday, April 17 the stock rating was maintained by Deutsche Bank with “Buy”. Oppenheimer maintained Equinix, Inc. (NASDAQ:REIT) rating on Thursday, May 3. Oppenheimer has “Buy” rating and $52500 target. The company was maintained on Thursday, February 15 by Jefferies. The rating was maintained by Guggenheim on Thursday, January 25 with “Buy”. The company was maintained on Thursday, May 31 by Credit Suisse. Guggenheim maintained Equinix, Inc. (NASDAQ:REIT) on Thursday, February 15 with “Buy” rating. As per Thursday, June 21, the company rating was maintained by Cowen & Co. Credit Suisse maintained it with “Buy” rating and $524.0 target in Wednesday, January 17 report. As per Thursday, May 31, the company rating was maintained by Deutsche Bank.

Since January 16, 2018, it had 0 insider purchases, and 34 insider sales for $33.24 million activity. 1,022 shares were sold by Campbell Michael Earlworth $399,577. VAN CAMP PETER sold $296,712 worth of Equinix, Inc. (NASDAQ:REIT) on Thursday, February 15. $568,345 worth of Equinix, Inc. (NASDAQ:REIT) was sold by STROHMEYER KARL. 5,960 shares valued at $2.40 million were sold by Lee Yau Tat on Friday, May 11. Another trade for 1,881 shares valued at $756,216 was sold by Meyers Charles J. TAYLOR KEITH D had sold 4,228 shares worth $1.87 million. Shares for $4.74 million were sold by Smith Stephen M.

Michael Kors Holdings Limited (NYSE:KORS) Ratings Chart

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