3.92 % to Target, Robert W. Baird Reaffirms ‘Hold’ Rating on Nordstrom Inc (NYSE:JWN) Shares Today

April 17, 2018 - By Henry Gaston

Nordstrom, Inc. (NYSE:JWN) Logo

Investors sentiment decreased to 0.96 in 2017 Q4. Its down 0.18, from 1.14 in 2017Q3. It is negative, as 68 investors sold Nordstrom, Inc. shares while 144 reduced holdings. 60 funds opened positions while 144 raised stakes. 92.34 million shares or 3.76% more from 88.99 million shares in 2017Q3 were reported.

Sandy Spring Bank & Trust reported 500 shares or 0% of all its holdings. First Trust Limited Partnership stated it has 0.01% of its portfolio in Nordstrom, Inc. (NYSE:JWN). Horizon Kinetics Limited Liability Com has 8,646 shares for 0.01% of their portfolio. Moreover, Hall Laurie J Trustee has 0% invested in Nordstrom, Inc. (NYSE:JWN). Pathstone Family Office Lc has 929 shares for 0.02% of their portfolio. Johnson Gru has 0% invested in Nordstrom, Inc. (NYSE:JWN). Pub Employees Retirement Systems Of Ohio has 0.05% invested in Nordstrom, Inc. (NYSE:JWN). Brown Brothers Harriman And holds 0% of its portfolio in Nordstrom, Inc. (NYSE:JWN) for 44 shares. Anderson Hoagland has invested 0.41% in Nordstrom, Inc. (NYSE:JWN). Griffin Asset Inc owns 11,450 shares for 0.1% of their portfolio. Citadel Ltd reported 580,891 shares stake. Sun Life invested 0% in Nordstrom, Inc. (NYSE:JWN). 25,208 are owned by Amalgamated Fincl Bank. The Pennsylvania-based Vanguard Gp has invested 0.03% in Nordstrom, Inc. (NYSE:JWN). Lombard Odier Asset (Switzerland) accumulated 22,006 shares or 0.1% of the stock.

Since April 11, 2018, it had 0 insider buys, and 3 insider sales for $1.56 million activity. $671,036 worth of Nordstrom, Inc. (NYSE:JWN) was sold by Worzel Ken. Meden Scott A sold $490,200 worth of stock.

Nordstrom Inc (NYSE:JWN) Rating Reaffirmed

Nordstrom Inc (NYSE:JWN) just had their share rating of a ‘Hold’ issued by research analysts at Robert W. Baird, who now has a $49.0 TP on the $7.91 billion market cap company or a 3.92 % upside potential. This key information was shown in an analyst report on Thursday, 21 December.

Investors sentiment decreased to 0.96 in 2017 Q4. Its down 0.18, from 1.14 in 2017Q3. It is negative, as 68 investors sold Nordstrom, Inc. shares while 144 reduced holdings. 60 funds opened positions while 144 raised stakes. 92.34 million shares or 3.76% more from 88.99 million shares in 2017Q3 were reported.

Sandy Spring Bank & Trust reported 500 shares or 0% of all its holdings. First Trust Limited Partnership stated it has 0.01% of its portfolio in Nordstrom, Inc. (NYSE:JWN). Horizon Kinetics Limited Liability Com has 8,646 shares for 0.01% of their portfolio. Moreover, Hall Laurie J Trustee has 0% invested in Nordstrom, Inc. (NYSE:JWN). Pathstone Family Office Lc has 929 shares for 0.02% of their portfolio. Johnson Gru has 0% invested in Nordstrom, Inc. (NYSE:JWN). Pub Employees Retirement Systems Of Ohio has 0.05% invested in Nordstrom, Inc. (NYSE:JWN). Brown Brothers Harriman And holds 0% of its portfolio in Nordstrom, Inc. (NYSE:JWN) for 44 shares. Anderson Hoagland has invested 0.41% in Nordstrom, Inc. (NYSE:JWN). Griffin Asset Inc owns 11,450 shares for 0.1% of their portfolio. Citadel Ltd reported 580,891 shares stake. Sun Life invested 0% in Nordstrom, Inc. (NYSE:JWN). 25,208 are owned by Amalgamated Fincl Bank. The Pennsylvania-based Vanguard Gp has invested 0.03% in Nordstrom, Inc. (NYSE:JWN). Lombard Odier Asset (Switzerland) accumulated 22,006 shares or 0.1% of the stock.

Since April 11, 2018, it had 0 insider buys, and 3 insider sales for $1.56 million activity. $671,036 worth of Nordstrom, Inc. (NYSE:JWN) was sold by Worzel Ken. Meden Scott A sold $490,200 worth of stock.

Nordstrom, Inc. (NYSE:JWN) Ratings Coverage

Among 14 analysts covering Nordstrom Inc (NYSE:JWN), 2 have Buy rating, 2 Sell and 10 Hold. Therefore 14% are positive. Nordstrom Inc has $60.0 highest and $35 lowest target. $47.67’s average target is 1.10% above currents $47.15 stock price. Nordstrom Inc had 26 analyst reports since October 18, 2017 according to SRatingsIntel. On Friday, November 10 the stock rating was maintained by RBC Capital Markets with “Hold”. Piper Jaffray maintained it with “Hold” rating and $42.0 target in Wednesday, October 18 report. The firm has “Hold” rating given on Friday, March 2 by RBC Capital Markets. The stock of Nordstrom, Inc. (NYSE:JWN) earned “Neutral” rating by UBS on Friday, November 10. The rating was maintained by Cowen & Co with “Buy” on Friday, January 19. KeyBanc Capital Markets maintained the shares of JWN in report on Friday, November 10 with “Outperform” rating. The firm has “Hold” rating by Susquehanna given on Wednesday, March 21. Robert W. Baird maintained the shares of JWN in report on Friday, March 2 with “Neutral” rating. BMO Capital Markets maintained Nordstrom, Inc. (NYSE:JWN) rating on Monday, March 5. BMO Capital Markets has “Market Perform” rating and $55 target. KeyBanc Capital Markets maintained Nordstrom, Inc. (NYSE:JWN) on Wednesday, January 10 with “Buy” rating.

The stock decreased 1.46% or $0.7 during the last trading session, reaching $47.15. About 1.39 million shares traded. Nordstrom, Inc. (NYSE:JWN) has risen 11.56% since April 17, 2017 and is uptrending. It has outperformed by 0.01% the S&P500.

Analysts await Nordstrom, Inc. (NYSE:JWN) to report earnings on May, 10. They expect $0.42 EPS, down 2.33 % or $0.01 from last year’s $0.43 per share. JWN’s profit will be $70.47 million for 28.07 P/E if the $0.42 EPS becomes a reality. After $1.20 actual EPS reported by Nordstrom, Inc. for the previous quarter, Wall Street now forecasts -65.00 % negative EPS growth.

Nordstrom, Inc., a fashion specialty retailer, provides apparel, shoes, cosmetics, and accessories for women, men, young adults, and children in the United States and Canada. The company has market cap of $7.91 billion. It operates through two divisions, Retail and Credit. It has a 18.2 P/E ratio. The Retail segment offers a range of brand name and private label merchandise through various channels, including Nordstrom branded full-line stores and online store at Nordstrom.com; Nordstrom Rack stores; Nordstromrack.com and HauteLook; Trunk Club clubhouses and TrunkClub.com; Jeffrey boutiques; and clearance stores that operate under the Last Chance name.

Nordstrom, Inc. (NYSE:JWN) Institutional Positions Chart

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