Hantz Financial Services Inc. Sells 3,654 Shares of adidas AG (OTCMKTS:ADDYY)

Hantz Financial Services Inc. lessened its stake in adidas AG (OTCMKTS:ADDYY) by 9.8% in the fourth quarter, HoldingsChannel reports. The firm owned 33,558 shares of the company’s stock after selling 3,654 shares during the period. Hantz Financial Services Inc.’s holdings in adidas were worth $4,086,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, GAMMA Investing LLC grew its position in shares of adidas by 13.3% during the 4th quarter. GAMMA Investing LLC now owns 897 shares of the company’s stock valued at $109,000 after acquiring an additional 105 shares during the period.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on ADDYY. HSBC downgraded shares of adidas from a “buy” rating to a “hold” rating in a research report on Wednesday, October 23rd. Sanford C. Bernstein raised shares of adidas from a “market perform” rating to an “outperform” rating in a research report on Monday, January 6th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

adidas Trading Up 0.6 %

Shares of adidas stock opened at $133.49 on Thursday. The company has a market capitalization of $47.67 billion, a P/E ratio of 102.68 and a beta of 1.18. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.78 and a current ratio of 1.32. The company has a fifty day moving average of $123.63 and a 200 day moving average of $122.91. adidas AG has a fifty-two week low of $88.03 and a fifty-two week high of $135.68.

adidas (OTCMKTS:ADDYY) last issued its earnings results on Tuesday, October 29th. The company reported $1.34 earnings per share for the quarter, topping the consensus estimate of $1.09 by $0.25. The company had revenue of $7.08 billion during the quarter, compared to the consensus estimate of $7.01 billion. adidas had a net margin of 1.91% and a return on equity of 7.39%. On average, sell-side analysts anticipate that adidas AG will post 2.21 earnings per share for the current fiscal year.

About adidas

adidas AG, together with its subsidiaries, designs, develops, produces, and markets athletic and sports lifestyle products in Europe, the Middle East, Africa, North America, Greater China, the Asia-Pacific, and Latin America. It offers footwear, apparel, and accessories and gear, such as bags and balls under the adidas brand; golf footwear and apparel under the adidas Golf brand; and outdoor footwear under the Five Ten brand.