Impact of Brokerage Rating on Nordstrom, Inc. (JWN)


Vetr upgraded shares of Nordstrom, Inc. (NYSE:JWN) by some 14,811,656 shares, 317 decreased positions by 24,256,058 and 88 held positions by 69,343,478. JPMorgan Chase & Co. now owns 4,294,122 shares of the company's stock worth $222,779,000 after buying an additional 897,203 shares during the last quarter.

Several other large investors also recently added to or reduced their stakes in the stock. Skandinaviska Enskilda Banken AB publ raised its stake in Nordstrom by 20,761.0% in the third quarter. Finally, Hotchkis & Wiley Capital Management LLC raised its stake in Nordstrom by 34.9% in the second quarter. Numeric Investors LLC now owns 126,700 shares of the company's stock valued at $4,821,000 after buying an additional 112,400 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main bought a new stake in Nordstrom during the fourth quarter worth about $133,000. Finally, Probity Advisors Inc. acquired a new stake in shares of Nordstrom during the second quarter valued at approximately $207,000.

Analysts estimated $1.15/share for the previous Quarter, where Nordstrom Inc. Over the 52-week time span, the stock notched a high price of $62.82 and its minimum price was $35.01. (NYSE:JWN) opened at 45.15 on Thursday. Among 11 Analysts, Bottom line EPS Estimate for the current quarter is $1.1 while the top line estimate is $1.23, a key information to consider for Day Trading and investing in stocks. The stock's 50 day moving average price is $44.81 and its 200-day moving average price is $50.58. The firm has a market cap of $7.76 billion, a P/E ratio of 23.83 and a beta of 1.00.

Annual earnings per share (EPS) growth noted at -8.50% in past 5 Years and Long-term annual earnings per share (EPS) growth is expected to reach 6.01% in coming 5 years.

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Earnings Per Share (EPS) is the earnings made by a company divided by their number of shares.

Nordstrom Inc. (NYSE:JWN) is now showing its ROA (Return on Assets) of 4.5%. The business earned $3.47 billion during the quarter, compared to the consensus estimate of $3.49 billion. The business's revenue for the quarter was up 7.2% compared to the same quarter a year ago. On average, equities analysts expect that Nordstrom will post $2.92 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 15th. Stockholders of record on Wednesday, March 1st will be given a dividend of $0.37 per share. The ex-dividend date was Wednesday, November 23rd. This represents a $1.48 annualized dividend and a dividend yield of 3.36%. Nordstrom's payout ratio is now 79.14%.

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Dimensional Fund Advisors LP Decreases Position in McDonald's Co. (MCD)
McDonald's Corporation (NYSE:MCD) have shown a high EPS growth of 0.70% in the last 5 years and has earnings growth of 9.80% yoy. Several analysts have released their opinion on McDonald's Corporation (NYSE:MCD), with 9 analysts believing it is a strong buy.

In a research note issued on Feb 02, 2017, analysts at downgraded the stock to Sell from Neutral. Bank of America Corp set a $40.00 target price on shares of Nordstrom and gave the company a "sell" rating in a report on Friday, November 11th. The company presently has a consensus rating of "Hold" and an average price target of $46.84. They now have a Dollars 50 price target on the stock. The analyst recommendations from a month ago are 0 Buy, 5 Strong Buy, 1 Sell, 4 Hold and 8. The stock is now trading with a distance of 20-Day Simple Moving Average (SMA20) of -2.32%.

Nordstrom, Inc. (NYSE:JWN) soared 2.54% during previous trade, a total of 2.67M shares exchanged hands compared with its average trading volume of 3.89M shares whereas its relative volume is 0.74. They now have a United States dollars 58 price target on the stock. Goldman has been covering shares of JWN, so it is most recent view is worth a look. The sale was disclosed in a document filed with the SEC, which is available through this link.

In other Nordstrom news, insider Michael G. Koppel sold 87,257 shares of the stock in a transaction that occurred on Tuesday, December 13th. In a transaction dated February 27, 2017, the shares were put up for sale at an average price of $47.5, raking in a sum of $74,005. Following the transaction, the President is left with a stake of 2,640,954 shares, now valued at $117971415.

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