Newell Brands INC (NWL) Stake Maintained by Becker Capital Management Inc

June 27, 2018 - By Richard Conner

Newell Brands Inc. (NYSE:NWL) LogoInvestors sentiment increased to 0.94 in 2018 Q1. Its up 0.22, from 0.72 in 2017Q4. It is positive, as 81 investors sold NWL shares while 183 reduced holdings. 98 funds opened positions while 151 raised stakes. 456.01 million shares or 5.67% more from 431.52 million shares in 2017Q4 were reported. Apg Asset Management Nv owns 0.01% invested in Newell Brands Inc. (NYSE:NWL) for 131,708 shares. Zurcher Kantonalbank (Zurich Cantonalbank) reported 100,697 shares. 142,871 were reported by State Treasurer State Of Michigan. Silvercrest Asset Mngmt Group Incorporated Ltd Liability Corp stated it has 0% in Newell Brands Inc. (NYSE:NWL). Teachers Retirement Of The State Of Kentucky stated it has 603,789 shares or 0.19% of all its holdings. Security Natl Co reported 200 shares. Nomura Asset Company, Japan-based fund reported 314,285 shares. Kbc Group Inc Nv reported 76,649 shares or 0.02% of all its holdings. Paw accumulated 15,000 shares. Raymond James Tru Na reported 11,636 shares. Synovus Fincl invested in 0% or 5,941 shares. Ameritas Inv Prtn accumulated 10,135 shares or 0.01% of the stock. Dimensional Fund Advsr Limited Partnership invested in 0.02% or 2.08M shares. Jefferies Grp Inc Limited Liability holds 0.01% or 56,237 shares. Lathrop has 285,028 shares for 2.08% of their portfolio.

Since May 18, 2018, it had 2 insider purchases, and 0 sales for $132,790 activity. Craigie James bought $26,670 worth of Newell Brands Inc. (NYSE:NWL) on Friday, May 18.

Becker Capital Management Inc increased its stake in Newell Brands Inc (NWL) by 75.5% based on its latest 2018Q1 regulatory filing with the SEC. Becker Capital Management Inc bought 965,087 shares as the company’s stock declined 9.20% with the market. The institutional investor held 2.24M shares of the plastic products company at the end of 2018Q1, valued at $57.16M, up from 1.28M at the end of the previous reported quarter. Becker Capital Management Inc who had been investing in Newell Brands Inc for a number of months, seems to be bullish on the $12.60B market cap company. The stock decreased 1.07% or $0.28 during the last trading session, reaching $25.94. About 133,038 shares traded. Newell Brands Inc. (NYSE:NWL) has declined 52.59% since June 27, 2017 and is downtrending. It has underperformed by 65.16% the S&P500.

Becker Capital Management Inc, which manages about $3.01 billion US Long portfolio, decreased its stake in Blackrock Inc (NYSE:BLK) by 42,568 shares to 40,918 shares, valued at $22.17M in 2018Q1, according to the filing. It also reduced its holding in Chevron Corp (NYSE:CVX) by 174,057 shares in the quarter, leaving it with 167,204 shares, and cut its stake in Apple Computer Inc Com (NASDAQ:AAPL).

More notable recent Newell Brands Inc. (NYSE:NWL) news were published by: Seekingalpha.com which released: “Buy Newell’s Equity, Not The Debt” on June 14, 2018, also Businesswire.com with their article: “Crock-Pot Wins Silver Cannes Lion Award for #CrockPotIsInnocent Campaign” published on June 25, 2018, Globenewswire.com published: “SHAREHOLDER ALERT – NWL FLKS: The Law Offices of Vincent Wong Notifies Investors of Important Class Action …” on June 26, 2018. More interesting news about Newell Brands Inc. (NYSE:NWL) were released by: Globenewswire.com and their article: “NEWELL BRANDS SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC …” published on June 23, 2018 as well as Globenewswire.com‘s news article titled: “Jostens Helps 2018 Graduates Celebrate with Customized and Sustainable Regalia” with publication date: June 19, 2018.

Newell Brands Inc. (NYSE:NWL) Ratings Coverage

Among 10 analysts covering Newell Brands (NYSE:NWL), 3 have Buy rating, 0 Sell and 7 Hold. Therefore 30% are positive. Newell Brands has $3500 highest and $25.0 lowest target. $28.83’s average target is 11.14% above currents $25.94 stock price. Newell Brands had 15 analyst reports since January 25, 2018 according to SRatingsIntel. The firm has “Hold” rating by SunTrust given on Tuesday, March 27. On Sunday, June 3 the stock rating was maintained by Wells Fargo with “Buy”. RBC Capital Markets downgraded the shares of NWL in report on Friday, January 26 to “Sector Perform” rating. Morgan Stanley downgraded Newell Brands Inc. (NYSE:NWL) on Thursday, January 25 to “Equal-Weight” rating. The rating was maintained by Wells Fargo with “Hold” on Monday, March 19. The firm has “Hold” rating by Barclays Capital given on Thursday, January 25. The rating was maintained by JP Morgan with “Neutral” on Tuesday, February 20. The stock of Newell Brands Inc. (NYSE:NWL) has “Buy” rating given on Monday, April 23 by Wells Fargo. Wells Fargo maintained the shares of NWL in report on Monday, June 11 with “Buy” rating. The firm has “Buy” rating by KeyBanc Capital Markets given on Sunday, January 28.

Newell Brands Inc. (NYSE:NWL) Institutional Positions Chart

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