Economy

Nordstrom, Inc. (NYSE:JWN) Sees Price Increase - Up $2.56

If we focus on the stock's long-term PE trend, the current level puts Nordstrom's current PE ratio somewhat below its midpoint (which is 16.6) over the past five years. They now have a Dollars 47 price target on the stock.

Other institutional investors have also recently bought and sold shares of the company.

Nordstrom, Inc., launched on September 28, 1946, is a fashion specialty retailer in the United States.

Valinor Management Llc decreased Jd Com Inc (JD) stake by 3.82% reported in 2016Q4 SEC filing. Ariel Investments Llc sold 273,908 shares as Nordstrom Inc. Nordstrom's revenue was up 3.5% compared to the same quarter previous year. Seattle Genetics Inc now has $7.60B valuation. (NYSE:JWN). Daiwa Securities Group accumulated 3,200 shares or 0% of the stock. About 96,349 shares traded. Seattle Genetics, Inc. (NASDAQ:SGEN) has risen 75.68% since September 14, 2016 and is uptrending. NEXT Financial Group Inc boosted its stake in Nordstrom by 55.4% in the 2nd quarter. It also upped Disney Walt Co (NYSE:DIS) stake by 9,279 shares and now owns 49,884 shares. Gilead Sciences Inc (NASDAQ:GILD) was raised too.

Since April 3, 2017, it had 0 insider buys, and 1 sale for $348,940 activity. (NYSE JWN) opened at 47.74 on Thursday.

Investors sentiment decreased to 0.84 in 2016 Q4. Its down 0.03, from 0.87 in 2016Q3. (NYSE:JWN). First Midwest Bank & Trust Tru Division invested in 0.13% or 22,499 shares. Korea Inv Corporation, a Korea-based fund reported 151,100 shares.

Kwmg Llc has 23,429 shares for 0.49% of their portfolio. Nomura Asset Mgmt Limited holds 0.01% or 10,800 shares in its portfolio.

09/12/2017 - Nordstrom, Inc. had its "outperform" rating reiterated by analysts at William Blair.

Nordstrom is an inspired choice for value investors, as it is hard to beat its incredible lineup of statistics on this front. Old Second Savings Bank Of Aurora reported 0.01% in Nordstrom, Inc. (NYSE:JWN). Fort Washington Investment Advsrs Inc Oh invested in 0.02% or 20,179 shares. Baker Ellis Asset Limited Liability has 79,280 shares for 1.11% of their portfolio. (NASDAQ:SGEN). Venbio Select Advisor Ltd Liability Co holds 3.15% of its portfolio in Seattle Genetics, Inc. 208,871 were reported by Citigroup Incorporated.

06/09/2017 - Nordstrom, Inc. was downgraded to "neutral" by analysts at UBS. "(JWN)" was reported by TrueBlueTribune and is owned by of TrueBlueTribune. As of the last earnings report the EPS was $2.11 and is expected to be $2.97 for the current year with 166,239,000 shares now outstanding. The dividend was $0.370 per share for the quarter or $1.48 annualized.

08/11/2017 - Nordstrom, Inc. had its "outperform" rating reiterated by analysts at Wolfe Research. (NYSE:JWN), 8 have Buy rating, 6 Sell and 14 Hold. Therefore 29% are positive. Nordstrom Inc. had 86 analyst reports since August 14, 2015 according to SRatingsIntel.

05/15/2017 - Nordstrom, Inc. had its "market perform" rating reiterated by analysts at BMO Capital Markets. Vetr cut shares of Nordstrom from a "sell" rating to a "strong sell" rating and set a $41.54 price objective for the company.in a research note on Monday, July 17th. (NYSE:JWN) rating on Tuesday, January 5. Tracking the stock price in relation to moving averages as well as highs and lows for the year might assist with evaluating future stock performance. The firm has "Buy" rating given on Friday, November 13 by Topeka Capital Markets. The stock of Nordstrom, Inc.

Nordstrom (NYSE:JWN) last released its quarterly earnings results on Thursday, August 10th. Goldman Sachs maintained Nordstrom, Inc. (NYSE:JWN) rating on Tuesday, May 9. Maxim Group maintained Nordstrom, Inc. (NYSE:JWN) on Friday, May 12 with "Buy" rating. For the long-term approach of trading or also can for short period of time, 200 days MA can also help to get idea about trading, JWN has 2.56% which indicates Bullish trends and this can also make isolating trends easier. Gordon Haskett reaffirmed an "accumulate" rating on shares of Nordstrom in a research note on Friday, June 9th. HSBC initiated JD.Com Inc (ADR) (NASDAQ:JD) on Tuesday, November 10 with "Buy" rating. The ex-dividend date was Thursday, August 24th. Bank of America has "Neutral" rating and $27 target. Parallel Advisors LLC boosted its stake in Nordstrom by 12.7% in the 1st quarter. (NASDAQ:KIN) stake by 105,696 shares and now owns 3.94M shares.



Like this

Latest


15 September 2017
Pace University 'shooter' guilty of fashion crime
They interviewed the man and learned that he had been in a stall in the 6th-floor bathroom at the same time as the 911 callers. Police quickly caught up with the man in question - and determined he was wearing a belt made up of machine-gun bullets.

15 September 2017
Britons evacuated after Hurricane Irma devastates Caribbean
Almost 160 were evacuated on Friday and approximately 700 more on Saturday. "We have troops helping at the moment". - The U.S. Army Corps of Engineers is assessing the Schneider Regional Medical Center - the principal medical facility on St.

15 September 2017
Bfsg LLC Sells 2480 Shares of Church & Dwight Company, Inc. (CHD)
Sterne Agee CRT initiated the stock with "Neutral" rating in Tuesday, July 21 report. (NYSE:CHD) rating on Friday, August 5. Finally, Van ECK Associates Corp grew its stake in shares of Church & Dwight by 8.2% during the first quarter.

15 September 2017
IPhone 8, iPhone 8 Plus Battery Sizes Actually Smaller Than iPhone 7's
You will need to buy both a Lightning-to-USB-C cable as well as a USB-C Power Delivery-compatible charger to enjoy fast charging. The iPhone 8 and iPhone 8 Plus will be available from 22 September, priced from £699 and £799 respectively.

15 September 2017
Sampha beats Ed Sheeran and Stormzy for Mercury Prize
The band, who have been nominated for their album " How To Be A Human Being ", were 14/1 outsiders last night. The Hyundai Mercury Prize Awards Show were held at Eventim Apollo, London this evening (September 14).

15 September 2017
Noel Fielding Sparks Complaints With Fridge Antics
Noel Fielding could be in quite a bit of trouble with Ofcom after a "fridge prank" received a load of complaints from viewers. Ofcom say they will be assessing all the complaints before deciding whether or not to investigate.

15 September 2017
US Dollar Index and US Treasury Yields Are Stable
The 10-year note auction's lukewarm result was expected, analysts said, given how much rates have declined in the past week. Participants noted the August sale was a touch better-than-average, although rates were running at 2.818% versus 2.772%.

15 September 2017
Stock Stepping Up to a Recent High: Lam Research Corporation (NASDAQ:LRCX)
Moreover, Segall Bryant Hamill Llc has 0.02% invested in Eaton Corporation, PLC Ordinary Shares (NYSE:ETN) for 11,535 shares. The stock of Lam Research Corporation (NASDAQ:LRCX) has "Overweight" rating given on Tuesday, December 15 by Morgan Stanley.

15 September 2017
Builders FirstSource, Inc. (BLDR) Rating Reiterated by Wedbush
Builders FirstSource, Inc . dipped to as low as $16.67 throughout the day and has returned 52.51% in this year. (NASDAQ:BLDR). After the latest session, which saw the stock close at a price of $16.73, BLDR sits -2.85% below its 52-week high.

15 September 2017
Camden Property Trust (CPT) Shares Bought by Sumitomo Mitsui Trust Holdings Inc
Finally, Nuveen Asset Management LLC boosted its holdings in Camden Property Trust by 8.6% during the 1st quarter. The business had revenue of $222.40 million for the quarter, compared to analyst estimates of $222.44 million.



Recommended