Investors sold shares of HanesBrands Inc. (NYSE:HBI) on strength during trading on Monday. $9.42 million flowed into the stock on the tick-up and $36.85 million flowed out of the stock on the tick-down, for a money net flow of $27.43 million out of the stock. Of all companies tracked, HanesBrands had the 0th highest net out-flow for the day. HanesBrands traded up $0.12 for the day and closed at $27.23

A number of analysts have recently issued reports on HBI shares. Zacks Investment Research downgraded shares of HanesBrands from a “hold” rating to a “sell” rating in a report on Tuesday, August 9th. Oppenheimer Holdings Inc. reiterated an “outperform” rating and issued a $35.00 target price on shares of HanesBrands in a report on Tuesday, August 2nd. Nomura reiterated a “sell” rating and issued a $31.00 target price on shares of HanesBrands in a report on Wednesday, July 6th. Credit Suisse Group AG reiterated a “buy” rating and issued a $37.00 target price on shares of HanesBrands in a report on Wednesday, August 3rd. Finally, FBR & Co reiterated an “outperform” rating and issued a $39.00 target price on shares of HanesBrands in a report on Thursday, July 7th. Two analysts have rated the stock with a sell rating, one has given a hold rating and twelve have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $34.14.

The stock has a 50 day moving average of $26.19 and a 200-day moving average of $27.32. The stock has a market capitalization of $10.27 billion and a price-to-earnings ratio of 21.82.

HanesBrands (NYSE:HBI) last announced its earnings results on Tuesday, August 2nd. The company reported $0.51 earnings per share for the quarter, missing the consensus estimate of $0.52 by $0.01. The firm had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.53 billion. The company’s revenue for the quarter was down 3.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.50 EPS. Equities analysts anticipate that HanesBrands Inc. will post $1.92 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 7th. Stockholders of record on Tuesday, August 16th will be paid a $0.11 dividend. The ex-dividend date of this dividend is Friday, August 12th. This represents a $0.44 annualized dividend and a dividend yield of 1.62%.

In other news, insider John T. Marsh sold 10,986 shares of the company’s stock in a transaction on Friday, June 3rd. The shares were sold at an average price of $27.30, for a total value of $299,917.80. Following the completion of the transaction, the insider now directly owns 156,144 shares in the company, valued at $4,262,731.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Richard A. Noll bought 20,000 shares of the firm’s stock in a transaction dated Tuesday, August 9th. The stock was purchased at an average price of $25.74 per share, with a total value of $514,800.00. Following the completion of the purchase, the chief executive officer now directly owns 870,077 shares of the company’s stock, valued at approximately $22,395,781.98. The disclosure for this purchase can be found here.

Other hedge funds and institutional investors recently bought and sold shares of the company. Advantus Capital Management Inc increased its position in HanesBrands by 1.1% in the fourth quarter. Advantus Capital Management Inc now owns 38,065 shares of the company’s stock worth $1,120,000 after buying an additional 402 shares during the period. Mitsubishi UFJ Kokusai Asset Management CO. LTD. increased its position in HanesBrands by 5.8% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. now owns 53,320 shares of the company’s stock worth $1,569,000 after buying an additional 2,945 shares during the last quarter. Suntrust Banks Inc. increased its position in HanesBrands by 759.3% in the fourth quarter. Suntrust Banks Inc. now owns 69,369 shares of the company’s stock worth $2,041,000 after buying an additional 61,296 shares during the last quarter. Aberdeen Asset Management PLC UK increased its position in HanesBrands by 27.9% in the fourth quarter. Aberdeen Asset Management PLC UK now owns 77,757 shares of the company’s stock worth $2,194,000 after buying an additional 16,960 shares during the last quarter. Finally, Trexquant Investment LP increased its position in HanesBrands by 62.2% in the fourth quarter. Trexquant Investment LP now owns 121,326 shares of the company’s stock worth $3,571,000 after buying an additional 46,526 shares during the last quarter.

Hanesbrands Inc is a manufacturer and marketer of apparels. The Company operates through four segments: Innerwear, Activewear, Direct to Consumer and International. The Company’s portfolio of brands includes Hanes, Champion, Maidenform, DIM, Playtex, Bali, JMS/Just My Size, Nur Die/Nur Der, L’eggs, Lovable, Wonderbra, Flexees, Lilyette and Gear for Sports.

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