Newell Brands INC (NWL) Holder Becker Capital Management INC Has Cut Its Holding by $11.91 Million as Stock Price Declined

Newell Brands Inc. (NYSE:NWL) LogoInvestors sentiment increased to 1.14 in Q2 2018. Its up 0.20, from 0.94 in 2018Q1. It improved, as 42 investors sold NWL shares while 173 reduced holdings. 76 funds opened positions while 169 raised stakes. 459.12 million shares or 0.68% more from 456.01 million shares in 2018Q1 were reported. Everence Management has invested 0.08% of its portfolio in Newell Brands Inc. (NYSE:NWL). 183,352 were reported by Gabelli Funds Limited Liability. Moreover, Holt Capital Limited Com Dba Holt Capital Limited Partnership has 0.26% invested in Newell Brands Inc. (NYSE:NWL). Poplar Forest Capital Ltd Limited Liability Company has 3.32% invested in Newell Brands Inc. (NYSE:NWL) for 1.54M shares. Valueworks Limited Liability has invested 3.81% in Newell Brands Inc. (NYSE:NWL). Massmutual Fsb Adv stated it has 333 shares or 0% of all its holdings. Japan-based Fukoku Mutual Life Ins has invested 0.01% in Newell Brands Inc. (NYSE:NWL). Patten Gp accumulated 0.05% or 4,946 shares. Thompson Inv reported 0.65% stake. Amica Mutual Ins owns 0.05% invested in Newell Brands Inc. (NYSE:NWL) for 16,087 shares. Bb&T Secs Lc holds 0.02% or 60,561 shares. Moreover, Keybank National Association Oh has 0.01% invested in Newell Brands Inc. (NYSE:NWL) for 84,316 shares. Waratah Cap Advisors Limited accumulated 59,584 shares or 0.17% of the stock. 11,120 were accumulated by Cleararc Capital. Envestnet Asset holds 28,260 shares or 0% of its portfolio.

Since May 18, 2018, it had 2 buys, and 0 selling transactions for $2.42 million activity. TODMAN MICHAEL also bought $106,120 worth of Newell Brands Inc. (NYSE:NWL) on Monday, May 21. 1,000 shares valued at $26,670 were bought by Craigie James on Friday, May 18.

Becker Capital Management Inc decreased its stake in Newell Brands Inc (NWL) by 21.24% based on its latest 2018Q2 regulatory filing with the SEC. Becker Capital Management Inc sold 476,574 shares as the company’s stock declined 16.55% while stock markets rallied. The institutional investor held 1.77 million shares of the plastic products company at the end of 2018Q2, valued at $45.56M, down from 2.24 million 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 less bullish one the $9.75B market cap company. The stock increased 0.49% or $0.1 during the last trading session, reaching $20.63. About 8.33 million shares traded. Newell Brands Inc. (NYSE:NWL) has declined 51.00% since November 14, 2017 and is downtrending. It has underperformed by 66.62% the S&P500.

More notable recent Newell Brands Inc. (NYSE:NWL) news were published by: Seekingalpha.com which released: “Newell Brands +4% after striking asset deals” on November 07, 2018, also Seekingalpha.com with their article: “Newell Brands: No Pain, No Gain” published on October 29, 2018, Seekingalpha.com published: “Newell Brands Is Setting Up For A Comeback” on November 12, 2018. More interesting news about Newell Brands Inc. (NYSE:NWL) were released by: Seekingalpha.com and their article: “Newell Brands +11% after strong profit guidance” published on November 02, 2018 as well as Seekingalpha.com‘s news article titled: “Newell Brands: What’s New?” with publication date: November 04, 2018.

Newell Brands Inc. (NYSE:NWL) Ratings Coverage

Among 6 analysts covering Newell Brands (NYSE:NWL), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. Newell Brands had 13 analyst reports since June 3, 2018 according to SRatingsIntel. The stock of Newell Brands Inc. (NYSE:NWL) earned “Buy” rating by Citigroup on Wednesday, August 8. Jefferies maintained it with “Hold” rating and $23 target in Wednesday, August 8 report. The rating was maintained by BMO Capital Markets on Wednesday, August 8 with “Market Perform”. Bank of America maintained the shares of NWL in report on Monday, July 16 with “Neutral” rating. Citigroup maintained it with “Buy” rating and $25 target in Wednesday, October 31 report. The company was maintained on Monday, June 11 by Wells Fargo. The firm has “Market Perform” rating by BMO Capital Markets given on Monday, November 5. The rating was maintained by Citigroup with “Buy” on Friday, August 24. Bank of America maintained Newell Brands Inc. (NYSE:NWL) on Thursday, October 4 with “Neutral” rating. Wells Fargo maintained Newell Brands Inc. (NYSE:NWL) rating on Monday, November 5. Wells Fargo has “Outperform” rating and $36 target.

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

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