Medicine

Mover to Watch for: Newell Brands Inc. (NWL)

Mover to Watch for: Newell Brands Inc. (NWL)

King Luther Capital Management Corp owned approximately 0.70% of Newell Brands worth $146,232,000 as of its most recent filing with the Securities and Exchange Commission. Newell Brands Inc. (NYSE:NWL) has been trading in a bearish manner, based on the relative positions of the stock's 20 and 200 day moving averages. The company had Year Ago Sales of $4.1 Billion. Lawson Kroeker Investment Management Inc who had been investing in Opus Bank for a number of months, seems to be less bullish one the $1.01B market cap company. Thompson Investment Management Inc. increased its stake in Newell Brands by 6.0% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 3,164 shares of the company's stock worth $169,000 after buying an additional 1,088 shares in the last quarter. Bank of New York Mellon Corp increased its position in Newell Brands by 112.5% in the 2nd quarter.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 15th. This is a positive change from Newell Brands's previous quarterly dividend of $0.19. Also, Director Thomas E. Clarke sold 5,353 shares of the company's stock in a transaction on Tuesday, May 9th. Newell Brands has a 12 month low of $43.43 and a 12 month high of $55.45.

Shares of Newell Brands (NWL) traded down 0.06% on Wednesday, reaching $53.31. The volume of NWL witnessed a shift from 9.27 million shares, based on a 50-day average, to 7.48 million shares. The company has a market cap of $15,178.40, a PE ratio of 10.79, a P/E/G ratio of 1.25 and a beta of 1.11. AES has lost -0.19% in the 1-month period. (NYSE:NWL) news were published by: Seekingalpha.com which released: "Newell Brands: Time To Renew, Appeal Increases" on November 10, 2017, also Realmoney.Thestreet.com with their article: "Still Searching for a Bottom for Newell Brands" published on November 15, 2017, Nasdaq.com published: "Newell Brands (NWL) Fall 27.3% Post Q3 Earnings: Here's Why" on November 28, 2017. The company reported $0.86 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.92 by ($0.06). Newell Brands Inc. (NYSE:NWL) has risen 11.94% since December 5, 2016 and is uptrending.

Average Revenue Estimate for the current quarter is $3.8 Billion, according to consensus forecast of 11 analysts. Further, company shares have been seen trading -9.91% off of the 52 week high and 16.78% away from the 52 week low.

Newell Brands Inc. on 9/29/2017 reported its EPS as $0.8 with the analysts projecting the EPS of the stock as $0.8. This repurchase authorization allows the company to repurchase up to 1.3% of its stock through open market purchases. Shares repurchase plans are generally a sign that the company's leadership believes its stock is undervalued. Pinnacle Associate Limited invested in 2,414 shares or 0.01% of the stock. (NWL) Ex-Dividend Date Scheduled for November 29, 2017" with publication date: "November 28, 2017. This represents a $0.92 annualized dividend and a yield of 2.89%. Newell Brands's dividend payout ratio (DPR) is presently 35.52%.

Among analysts who offered their Analysis on Newell Brands Inc. Following the completion of the acquisition, the director now owns 87,883 shares in the company, valued at approximately $3,831,698.80. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The shares were purchased at an average cost of $43.60 per share, with a total value of $87,200.00. Following the acquisition, the chief executive officer now directly owns 609,296 shares in the company, valued at $26,571,398.56. The disclosure for this sale can be found here. Insiders have purchased a total of 14,100 shares of company stock valued at $507,255 in the last ninety days.

More news: What Analysts Suggest About Sirius XM Holdings I (SIRI)?

Several research firms have weighed in on NWL.

Pcj Investment Counsel Ltd, which manages about $1.55 billion US Long portfolio, decreased its stake in Canadian National Railway (NYSE:CNI) by 64,175 shares to 949,387 shares, valued at $76.92M in 2017Q2, according to the filing.

Many value investors look for stocks with a high percent of insider ownership, under the theory that when management are shareholders, they will act in its own self interest, and create shareholder value in the long-term. BMO Capital Markets reiterated a "market perform" rating and set a $45.00 price target (down previously from $51.00) on shares of Newell Brands in a research report on Thursday, September 21st.

Newell Brands announced that its board has initiated a share buyback plan on Tuesday, September 26th that allows the company to repurchase $256.00 million in shares. (NYSE:NWL) earned "Outperform" rating by RBC Capital Markets on Friday, November 3. Two analysts have rated the stock with a sell rating, six have issued a hold rating and eight have issued a buy rating to the company's stock. The rating was maintained by Forward View Consulting on Monday, August 7 with "Buy".

TRADEMARK VIOLATION NOTICE: This news story was reported by TrueBlueTribune and is the property of of TrueBlueTribune. If you are reading this piece on another publication, it was copied illegally and republished in violation of USA & global trademark and copyright legislation. More interesting news about Newell Brands Inc. The Company's segments include Writing, Home Solutions, Commercial Products, Baby & Parenting, Branded Consumables, Consumer Solutions, Outdoor Solutions and Process Solutions.


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