Fic Capital Inc buys $4,717,276 stake in Hanesbrands (HBI)

Hanesbrands (HBI) : Fic Capital Inc scooped up 90 additional shares in Hanesbrands during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 11, 2016. The investment management firm now holds a total of 174,005 shares of Hanesbrands which is valued at $4,717,276.Hanesbrands makes up approximately 2.14% of Fic Capital Inc’s portfolio.

Other Hedge Funds, Including , Advisor Partners boosted its stake in HBI in the latest quarter, The investment management firm added 293 additional shares and now holds a total of 8,010 shares of Hanesbrands which is valued at $217,151. Hanesbrands makes up approx 0.07% of Advisor Partners’s portfolio.Cadence Bank Na reduced its stake in HBI by selling 1,200 shares or 9.52% in the most recent quarter. The Hedge Fund company now holds 11,400 shares of HBI which is valued at $289,788. Hanesbrands makes up approx 0.14% of Cadence Bank Na’s portfolio.World Asset Management Inc boosted its stake in HBI in the latest quarter, The investment management firm added 218 additional shares and now holds a total of 37,030 shares of Hanesbrands which is valued at $926,120. Hanesbrands makes up approx 0.03% of World Asset Management Inc’s portfolio.Candriam Luxembourg S.c.a. boosted its stake in HBI in the latest quarter, The investment management firm added 2,035 additional shares and now holds a total of 13,844 shares of Hanesbrands which is valued at $360,913. Hanesbrands makes up approx 0.01% of Candriam Luxembourg S.c.a.’s portfolio.

Hanesbrands opened for trading at $27.79 and hit $27.88 on the upside on Tuesday, eventually ending the session at $27.8, with a gain of 0.36% or 0.1 points. The heightened volatility saw the trading volume jump to 22,72,975 shares. Company has a market cap of $10,503 M.

On the company’s financial health, Hanesbrands reported $0.51 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Aug 2, 2016. Analyst had a consensus of $0.52. The company had revenue of $1470.00 million for the quarter, compared to analysts expectations of $1530.65 million. The company’s revenue was down -3.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.50 EPS.

Hanesbrands Inc. is a manufacturer and marketer of apparel. The Company operates through four segments: Innerwear Activewear Direct to Consumer and International. The Company’s innerwear and activewear apparel brands include Hanes Champion Bali Playtex Maidenform JMS/Just My Size L’eggs Flexees barely there Wonderbra Gear for Sports and Lilyette. Its international brands also include DIM Nur Die/Nur Der Zorba Rinbros and Shock Absorber among others. The Company’s Innerwear segment focuses on apparel products such as intimate apparel men’s underwear children’s underwear and socks. In the activewear market it sells products such as T-shirts and fleece to both retailers and wholesalers. Its Direct to Consumer operations include its domestic Company-operated outlet stores catalogs and Website operations that sell its branded products to consumers in the United States. The Company’s international markets are Europe Canada Japan Mexico Brazil and Australia.

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