American Century Companies Inc. Acquires 3,197,544 Shares of Hanesbrands Inc. (NYSE:HBI)

American Century Companies Inc. increased its holdings in shares of Hanesbrands Inc. (NYSE:HBI - Free Report) by 147.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,362,455 shares of the textile maker's stock after acquiring an additional 3,197,544 shares during the period. American Century Companies Inc. owned approximately 1.52% of Hanesbrands worth $43,650,000 at the end of the most recent reporting period.3 Small-Cap Stocks to Buy and Hold For 2025 and BeyondSeveral other hedge funds have also bought and sold shares of HBI. Hennessy Advisors Inc. purchased a new position in shares of Hanesbrands during the fourth quarter valued at approximately $62,199,000. JPMorgan Chase & Co. increased its position in Hanesbrands by 484.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,143,791 shares of the textile maker's stock valued at $15,757,000 after buying an additional 1,776,690 shares in the last quarter. Verition Fund Management LLC purchased a new position in Hanesbrands during the third quarter valued at $7,249,000. Raymond James Financial Inc. bought a new stake in Hanesbrands in the fourth quarter worth $5,395,000. Finally, BNP Paribas Financial Markets grew its stake in shares of Hanesbrands by 388.9% in the third quarter. BNP Paribas Financial Markets now owns 742,314 shares of the textile maker's stock worth $5,456,000 after acquiring an additional 590,493 shares during the last quarter. Institutional investors own 80.31% of the company's stock. Wall Street Analyst Weigh InSeparately, Stifel Nicolaus reaffirmed a "hold" rating and issued a $7.00 price target (down previously from $8.00) on shares of Hanesbrands in a research report on Friday, February 14th. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $7.10.Is Hanes Worth More than the Sum of Its Parts? Read Our Latest Stock Report on HanesbrandsHanesbrands Stock PerformanceShares of HBI opened at $5.86 on Friday. The company has a market cap of $2.07 billion, a price-to-earnings ratio of -6.36 and a beta of 1.75. The business's fifty day simple moving average is $6.80 and its two-hundred day simple moving average is $7.42. Hanesbrands Inc. has a 12 month low of $4.40 and a 12 month high of $9.10. The company has a current ratio of 1.37, a quick ratio of 0.68 and a debt-to-equity ratio of 64.28. Low-Priced Stocks Still Paying DividendsHanesbrands (NYSE:HBI - Get Free Report) last released its quarterly earnings data on Thursday, February 13th. The textile maker reported $0.17 EPS for the quarter, beating the consensus estimate of $0.14 by $0.03. Hanesbrands had a positive return on equity of 108.01% and a negative net margin of 8.06%. The company had revenue of $888.47 million for the quarter, compared to analysts' expectations of $899.30 million. Research analysts anticipate that Hanesbrands Inc. will post 0.53 earnings per share for the current fiscal year. Insider Transactions at HanesbrandsIn related news, Director Robert F. Moran bought 74,850 shares of the company's stock in a transaction that occurred on Tuesday, February 18th. The shares were bought at an average price of $6.01 per share, for a total transaction of $449,848.50. Following the completion of the acquisition, the director now owns 216,373 shares of the company's stock, valued at $1,300,401.73. This trade represents a 52.89 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.46% of the company's stock. Hanesbrands Company Profile (Free Report)Hanesbrands Inc, a consumer goods company, designs, manufactures, sources, and sells a range of range of innerwear apparels for men, women, and children in the Americas, Europe, the Asia pacific, and internationally. The company operates through three segments: Innerwear, Activewear, and International.Read MoreFive stocks we like better than HanesbrandsSpecial Purpose Acquisition Company (SPAC) What You Need to Know Penny Stock SurgePays Rises 70%: 1 Reason to Buy, 5 to Sell What Does a Stock Split Mean? Top 3 Beverage Stocks Pouring Out ProfitsWhat is a SEC Filing?CarMax and Carvana: Steering the Used Car MarketWant to see what other hedge funds are holding HBI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hanesbrands Inc. (NYSE:HBI - Free Report).This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Hanesbrands Right Now?Before you consider Hanesbrands, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hanesbrands wasn't on the list.While Hanesbrands currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here