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.

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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".

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