As Newell Brands INC (NWL) Shares Declined, Shareholder Becker Capital Management INC Increased Stake

June 27, 2018 - By Anthony Rauscher

Newell Brands Inc. (NYSE:NWL) Corporate LogoBig Money Sentiment increased to 0.94 in 2018 Q1. It has change of 0.22, from 2017Q4’s 0.72. The ratio improved due to NWL positioning: 81 sold and 183 reduced. 98 funds acquired positions and 151 increased positions. Investors holded 431.52 million in 2017Q4 but now own 456.01 million shares or 5.67% more. Ledyard National Bank & Trust holds 0.02% of its capital in Newell Brands Inc. (NYSE:NWL) for 7,990 shs. Cullen Frost Bankers Inc accumulated 242,315 shs. Amica Retiree Medical Trust holds 0.05% in Newell Brands Inc. (NYSE:NWL) or 2,272 shs. Goldman Sachs Gru holds 0.03% of its capital in Newell Brands Inc. (NYSE:NWL) for 4.32 million shs. California Employees Retirement Sys invested 0.04% of its capital in Newell Brands Inc. (NYSE:NWL). Boston Private Wealth Ltd Liability Co holds 0.01% or 10,019 shs in its capital. Twin Focus Cap Ptnrs Limited Liability Company invested in 15,000 shs or 0.19% of the stock. Brown Brothers Harriman holds 1,359 shs. D E Shaw owns 108,105 shs for 0% of their capital. Sandhill Cap Ptnrs Ltd Liability Com reported 15,082 shs or 0.06% of all its holdings. Savings Bank Of Ny Mellon accumulated 11.84 million shs or 0.08% of the stock. Becker Capital Incorporated stated it has 2.24 million shs or 1.9% of all its holdings. Robeco Institutional Asset Mngmt Bv has invested 0% in Newell Brands Inc. (NYSE:NWL). Moreover, 13D Mngmt Ltd Liability Corp has 3.22% invested in Newell Brands Inc. (NYSE:NWL). Louisiana State Employees Retirement System reported 0.03% stake.

NWL had 0 sales and 2 insider purchases since May 18, 2018. This’s net activity of $132,790. Craigie James bought $26,670 worth of Newell Brands Inc. (NYSE:NWL) or 1,000 shs on Friday, May 18.

Based on the latest 2018Q1 regulatory filing with the SEC, Becker Capital Management Inc increased its holdings in Newell Brands Inc (NWL) by 75.5%. By buying 965,087 shares Becker Capital Management Inc made the stock sank with 9.20%. At the end of 2018Q1, the institutional investor held 2.24 million shares of the plastic products company, valued at $57.16 million, up from 1.28 million at the end of the previous reported quarter. $12.74 billion is Newell Brands Inc’s MC. NWL reached $26.22 during the last trading session after $0.2 change.Newell Brands Inc. has 6.49 million shares volume, 0.17% up from normal. NWL is downtrending and has moved 52.59% since June 27, 2017. The stock underperformed the S&P500 by 65.16%.

According to a filing Becker Capital Management Inc decreased its stake in Nike Inc Cl B (NYSE:NKE) by 283,680 shares to 166,018 shares, valued at $11.03M in 2018Q1. The fund manages about $3.01B US Long portfolio. Becker Capital Management Inc has cut its stake in American Express Co Com (NYSE:AXP) and also reduced its holding in Time Warner Inc (NYSE:TWX) by 297,827 shares in the quarter, for a total of 40,985 shares.

For more Newell Brands Inc. (NYSE:NWL) news announced recently go to: Globenewswire.com, Businesswire.com, Globenewswire.com, Globenewswire.com or Globenewswire.com. The titles are as follows: “SHAREHOLDER ALERT: Brower Piven Notifies Investors of Class Action Lawsuit And Encourages Those Who Have …” announced on June 26, 2018, “Crock-Pot Wins Silver Cannes Lion Award for #CrockPotIsInnocent Campaign” on June 25, 2018, “Jostens Helps 2018 Graduates Celebrate with Customized and Sustainable Regalia” with a publish date: June 19, 2018, “NEWELL BRANDS SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC …” and the last “Jostens Receives 16 Awards at Premier International Print Competition” with publication date: June 21, 2018.

Newell Brands Inc. (NYSE:NWL) Ratings Coverage

In total 10 analysts cover Newell Brands (NYSE:NWL). “Buy” rating has 3, “Sell” are 0, while 7 are “Hold”. 30% are bullish. With $3500 highest and $25.0 lowest target Newell Brands has $28.83 average target or 9.95% above the current ($26.22) price. 15 are the (NYSE:NWL)’s analyst reports since January 25, 2018 according to StockzIntelligence Inc. The stock rating was maintained by Morgan Stanley with “Equal-Weight” on Monday, February 12. On Thursday, January 25 the firm has “Hold” rating given by BMO Capital Markets. The company rating was downgraded by SunTrust on Tuesday, March 27. On Thursday, January 25 the firm has “Equal-Weight” rating given by Morgan Stanley. The company rating was maintained by Wells Fargo on Monday, March 19. The company rating was maintained by Wells Fargo on Monday, June 11. On Sunday, June 3 the rating was maintained by Wells Fargo with “Buy”. On Thursday, January 25 the stock of Newell Brands Inc. (NYSE:NWL) has “Hold” rating given by Barclays Capital. On Monday, April 23 Wells Fargo maintained the shares of NWL in report with “Buy” rating. The company rating was maintained by KeyBanc Capital Markets on Sunday, January 28.

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

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