Yorktown Management & Research Co Inc Has $345,000 Position in Newell Brands Inc (NYSE:NWL)

Yorktown Management & Research Co Inc lessened its position in Newell Brands Inc (NYSE:NWL) by 28.6% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 22,500 shares of the company’s stock after selling 9,000 shares during the quarter. Yorktown Management & Research Co Inc’s holdings in Newell Brands were worth $345,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of the stock. Whitener Capital Management Inc. lifted its position in Newell Brands by 3.3% in the 4th quarter. Whitener Capital Management Inc. now owns 18,544 shares of the company’s stock worth $344,000 after buying an additional 599 shares in the last quarter. Proficio Capital Partners LLC raised its holdings in shares of Newell Brands by 67.8% during the 4th quarter. Proficio Capital Partners LLC now owns 1,545 shares of the company’s stock valued at $29,000 after purchasing an additional 624 shares in the last quarter. Eagle Boston Investment Management Inc. raised its holdings in shares of Newell Brands by 1.2% during the 1st quarter. Eagle Boston Investment Management Inc. now owns 60,686 shares of the company’s stock valued at $930,000 after purchasing an additional 743 shares in the last quarter. Signaturefd LLC raised its holdings in shares of Newell Brands by 5.4% during the 1st quarter. Signaturefd LLC now owns 15,082 shares of the company’s stock valued at $231,000 after purchasing an additional 767 shares in the last quarter. Finally, Resources Management Corp CT ADV raised its holdings in shares of Newell Brands by 4.5% during the 4th quarter. Resources Management Corp CT ADV now owns 24,750 shares of the company’s stock valued at $460,000 after purchasing an additional 1,075 shares in the last quarter. Institutional investors and hedge funds own 98.42% of the company’s stock.

NYSE:NWL traded up $0.23 during midday trading on Friday, reaching $15.42. The stock had a trading volume of 6,961,600 shares, compared to its average volume of 6,244,445. Newell Brands Inc has a 1-year low of $13.04 and a 1-year high of $28.00. The business has a fifty day moving average price of $14.83. The company has a debt-to-equity ratio of 1.54, a current ratio of 2.98 and a quick ratio of 2.53. The firm has a market capitalization of $6.43 billion, a PE ratio of 5.61, a P/E/G ratio of 3.82 and a beta of 0.90.

Newell Brands (NYSE:NWL) last posted its quarterly earnings results on Friday, May 3rd. The company reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.08. The company had revenue of $1.71 billion for the quarter, compared to analyst estimates of $1.69 billion. Newell Brands had a negative net margin of 46.92% and a positive return on equity of 9.55%. The business’s quarterly revenue was down 5.5% on a year-over-year basis. During the same period last year, the business posted $0.34 EPS. As a group, equities research analysts expect that Newell Brands Inc will post 1.22 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, June 14th. Shareholders of record on Friday, May 31st were given a $0.23 dividend. The ex-dividend date was Thursday, May 30th. This represents a $0.92 annualized dividend and a yield of 5.97%. Newell Brands’s dividend payout ratio is 33.45%.

A number of research analysts have recently weighed in on NWL shares. Zacks Investment Research upgraded shares of Newell Brands from a “sell” rating to a “hold” rating in a report on Tuesday, April 23rd. Wells Fargo & Co raised their price target on shares of Newell Brands from $21.00 to $22.00 and gave the company an “outperform” rating in a report on Thursday, March 14th. Finally, Jefferies Financial Group restated a “hold” rating and set a $15.00 price target on shares of Newell Brands in a report on Thursday, March 14th. Nine equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $20.80.

Newell Brands Company Profile

Newell Brands Inc designs, manufactures, sources, and distributes consumer and commercial products worldwide. The company's Live segment offers household products, including kitchen appliances, gourmet cookware, bakeware and cutlery, food storage and home storage products, fresh preserving products, and home fragrance products; and baby gear, infant care, and health products primarily under Aprica, Baby Jogger, Ball, Calphalon, Chesapeake Bay Candle, Crock-Pot, FoodSaver, Graco, Mr.

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Institutional Ownership by Quarter for Newell Brands (NYSE:NWL)

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