Economy

Newell Brands Inc (NWL) Holdings Trimmed by BlackRock Inc

Newell Brands Inc (NWL) Holdings Trimmed by BlackRock Inc

The institutional investor held 131,711 shares of the consumer services company at the end of 2017Q3, valued at $1.96 million, down from 271,040 at the end of the previous reported quarter. Reaves W H & Company Inc who had been investing in Pinnacle West Cap Corp Com for a number of months, seems to be bullish on the $8.54 billion market cap company. The stock has a market capitalization of $14,210.00, a price-to-earnings ratio of 9.79, a price-to-earnings-growth ratio of 1.41 and a beta of 0.88.

Over the last 5 days, Lennar Corporation's shares returned 4.02% and in the past one month the figure appeared at -1.84%. Starbucks Corporation (NASDAQ:SBUX) has risen 12.48% since March 12, 2017 and is uptrending. It has underperformed by 4.76% the S&P500.

BlackRock Inc. trimmed its holdings in Newell Brands Inc (NYSE:NWL) by 2.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). Welch Capital Partners Llc bought 12,840 shares as the company's stock rose 13.21% with the market. The institutional investor held 3.43 million shares of the plastic products company at the end of 2017Q3, valued at $146.23 million, up from 3.20 million at the end of the previous reported quarter. Newell Brands Inc now has $13.90B valuation.

Among 3 analysts covering Mitsubishi UFJ Financial Group (NYSE:MTU), 2 have Buy rating, 0 Sell and 1 Hold. The fund owned 426,243 shares of the company's stock after selling 21,161 shares during the quarter.

Newell Brands Inc (NYSE:NWL) opened at $28.99 on Tuesday. It has underperformed by 86.29% the S&P500.

Monetary Management Group Inc, which manages about $313.72M and $237.18 million US Long portfolio, upped its stake in Lowes Companies (NYSE:LOW) by 3,950 shares to 8,700 shares, valued at $695,000 in 2017Q3, according to the filing. Moreover, Employees Retirement Association Of Colorado has 0.03% invested in Newell Brands Inc. Therefore 68% are positive. Agios Pharmaceuticals had 44 analyst reports since July 23, 2015 according to SRatingsIntel. The firm earned "Buy" rating on Friday, June 2 by RBC Capital Markets. (NASDAQ:AGIO) earned "Neutral" rating by Roth Capital on Monday, November 9.

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Thursday night , there will be a 50 percent chance of showers after 1 a.m., with a low of 47, according to the weather service. The brush fire danger will be higher than usual again this week as most vegetation has yet to experience a green-up.

Among 16 analysts covering Agios Pharmaceuticals (NASDAQ:AGIO), 12 have Buy rating, 0 Sell and 4 Hold. The rating was maintained by Jefferies on Tuesday, May 30 with "Buy". Buying after a big move to the upside may mean that the investor is essentially paying too much for the stock at those levels. Jefferies has "Hold" rating and $49 target. Canaccord Genuity maintained the stock with "Hold" rating in Friday, August 7 report. Finally, Zacks Investment Research raised Newell Brands from a "sell" rating to a "hold" rating and set a $36.00 price target for the company in a research report on Monday, January 8th. BMO Capital Markets maintained it with "Market Perform" rating and $45 target in Thursday, September 21 report. The company was maintained on Thursday, January 25 by Robert W. Baird. Blackrock invested in 0% or 152,906 shares. Its down 0.39, from 1.11 in 2017Q2. Deutsche Bankshares Ag reported 4.26 million shares. Natixis holds 0% or 11,883 shares. The Connecticut-based Verition Fund Limited Liability has invested 0.11% in Crown Holdings, Inc. Shell Asset has invested 0.02% in Crown Holdings, Inc. (NASDAQ:AGIO). Mutual Of America Capital Mgmt Limited Liability invested in 30,356 shares. Envestnet Asset Management holds 0.01% or 113,568 shares in its portfolio. (NYSE:CHGG). Timessquare Mngmt Ltd Com holds 0.3% or 3.03 million shares. Connable Office, Michigan-based fund reported 56,146 shares. Btc Cap holds 0.06% or 6,746 shares in its portfolio. State Of Tennessee Treasury Department reported 391,444 shares. (NYSE:NWL). Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 0.04% or 102,497 shares. Metropolitan Life Insur reported 2,989 shares or 0% of all its holdings. 32,415 are held by Benin Mngmt. They expect $0.53 earnings per share, up 17.78% or $0.08 from last year's $0.45 per share. The company reported $0.68 EPS for the quarter, beating analysts' consensus estimates of $0.67 by $0.01, Bloomberg Earnings reports.

Investors sentiment increased to 0.33 in Q3 2017. Its down 0.39, from 1.11 in 2017Q2. It improved, as 71 investors sold NWL shares while 188 reduced holdings. Roosevelt Group stated it has 270,367 shares or 1.06% of all its holdings. Investors of record on Wednesday, February 28th will be paid a dividend of $0.23 per share. Farmers & Merchants Investments Incorporated invested in 60,140 shares or 0.2% of the stock. Commonwealth Comml Bank Of reported 20,508 shares stake. After $0.68 actual EPS reported by Newell Brands Inc. for the previous quarter, Wall Street now forecasts -55.88% negative EPS growth.

COPYRIGHT VIOLATION NOTICE: "Newell Brands (NYSE:NWL) Upgraded to Strong-Buy at Vetr" was originally published by BBNS and is owned by of BBNS. Cap Associate invested 1.71% of its portfolio in Newell Brands Inc.

Shares of Newell Brands (NYSE:NWL) opened at $27.32 on Monday. First Fin Natl Bank reported 54,431 shares. Insider ownership decreased by a total of 125052 shares, which suggests that NWL's key executives are feeling less optimistic about the outlook for the stock. (NYSE:NWL) or 2.76M shares.

Analysts await Newell Brands Inc. Newell Brands's payout ratio is 16.34%.

The business's quarterly revenue was down 9.5% compared to the same quarter last year. equities research analysts predict that Newell Brands Inc will post 2.7 EPS for the current fiscal year.


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