Dimensional Fund Advisors LP lifted its stake in shares of Hanesbrands Inc. (NYSE:HBI) by 0.4% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 1,383,535 shares of the textile maker’s stock after buying an additional 6,108 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Hanesbrands were worth $34,089,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. BlackRock Inc. raised its holdings in shares of Hanesbrands by 0.8% during the 2nd quarter. BlackRock Inc. now owns 23,050,392 shares of the textile maker’s stock worth $533,848,000 after acquiring an additional 174,498 shares during the period. State Street Corp raised its holdings in Hanesbrands by 0.9% in the 2nd quarter. State Street Corp now owns 15,512,816 shares of the textile maker’s stock valued at $359,281,000 after buying an additional 136,465 shares during the period. Bessemer Group Inc. raised its holdings in Hanesbrands by 2.9% in the 3rd quarter. Bessemer Group Inc. now owns 5,977,411 shares of the textile maker’s stock valued at $147,284,000 after buying an additional 169,250 shares during the period. Bank of New York Mellon Corp raised its holdings in Hanesbrands by 33.3% in the 3rd quarter. Bank of New York Mellon Corp now owns 4,638,005 shares of the textile maker’s stock valued at $114,282,000 after buying an additional 1,159,722 shares during the period. Finally, Check Capital Management Inc. CA raised its holdings in Hanesbrands by 100.0% in the 3rd quarter. Check Capital Management Inc. CA now owns 4,413,635 shares of the textile maker’s stock valued at $108,752,000 after buying an additional 2,207,066 shares during the period. Institutional investors and hedge funds own 96.79% of the company’s stock.

Shares of Hanesbrands Inc. (NYSE HBI) opened at $22.42 on Monday. The company has a debt-to-equity ratio of 2.90, a quick ratio of 0.85 and a current ratio of 1.88. The stock has a market cap of $8,170.00, a PE ratio of 13.84, a price-to-earnings-growth ratio of 1.20 and a beta of 0.72. Hanesbrands Inc. has a one year low of $18.90 and a one year high of $25.73.

Hanesbrands (NYSE:HBI) last issued its quarterly earnings results on Wednesday, November 1st. The textile maker reported $0.60 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.60. The company had revenue of $1.80 billion for the quarter, compared to analyst estimates of $1.80 billion. Hanesbrands had a net margin of 9.43% and a return on equity of 64.73%. The business’s revenue for the quarter was up 2.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.56 earnings per share. sell-side analysts anticipate that Hanesbrands Inc. will post 1.94 EPS for the current fiscal year.

Several brokerages recently issued reports on HBI. Barclays began coverage on shares of Hanesbrands in a report on Tuesday, September 19th. They issued an “overweight” rating and a $31.00 price objective on the stock. FBR & Co restated a “buy” rating and issued a $33.00 price objective on shares of Hanesbrands in a report on Thursday, September 21st. Instinet lowered shares of Hanesbrands from a “buy” rating to a “neutral” rating and set a $26.00 price objective on the stock. in a report on Thursday, September 21st. Nomura lowered shares of Hanesbrands from a “buy” rating to a “neutral” rating and set a $26.00 price objective on the stock. in a report on Thursday, September 21st. Finally, Stifel Nicolaus restated a “hold” rating and issued a $23.00 price objective on shares of Hanesbrands in a report on Tuesday, September 26th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have issued a buy rating to the company. Hanesbrands has a consensus rating of “Hold” and an average target price of $25.63.

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Hanesbrands Company Profile

Hanesbrands Inc is a marketer of basic innerwear and activewear apparel in the Americas, Europe, Australia and Asia/Pacific under apparel brands, such as Hanes, Champion, Maidenform, DIM, Bali, Playtex, Bonds, JMS/Just My Size, Nur Die/Nur Der, L’eggs, Lovable, Wonderbra, Flexees, Gear for Sports and Berlei.

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Institutional Ownership by Quarter for Hanesbrands (NYSE:HBI)

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