Creative Planning has purchased shares of Newell Brands Inc. (NASDAQ:NWL).

The most recent Form 13F filing that Creative Planning filed with the Securities and Exchange Commission showed the company increased its stake in Newell Brands Inc. (NASDAQ: NWL) by 18.6% in the third quarter. Creative Planning submitted this information.
After purchasing 10,508 new shares during the above period, the corporation ended up with a total of 66,961 shares of the company.
The most recent report that Creative Planning filed with the Securities and Exchange Commission shows that Creative Planning’s ownership interest in Newell Brands is valued at $930,000.
This information was provided by Creative Planning.
In recent months, various other hedge funds have modified their NWL holdings by increasing and decreasing the size of their positions.
During the fiscal third quarter, Virtu Independence LLC increased the percentage of its capital invested in Newell Brands by 1.4%.
There are 236,163 shares of Texas Independence LLC and the current market price for these shares is $3,280,000. Compared to the Company’s shareholding at the penultimate end of the reporting period, this represents an increase of 3,250 shares.
Manufacturers Life Insurance Company increased its holdings of Newell Brands stock by 13.0% in the fiscal third quarter.
Manufacturers Life Insurance Company now holds 1,315,281 shares of the company’s stock after recently purchasing an additional 151,489 shares.
The stock is currently valued at $18,269,000.
Barclays PLC’s stake in Newell Brands increased by a total of 57.4 percentage points in the third quarter.
Barclays PLC now owns 825,308 shares in the company, having purchased a further 301,038 shares during the period in question.
Mhis gives the company’s shares a total value of $11,464,000.
During the third quarter, Rockefeller Capital Management LP
Increased Newell Brands shareholding by a value representing a 2277.7% increase. Rockefeller Capital Management LP now owns 14,800 shares of the company after purchasing an additional 10,283 shares during the quarter.
The value of Rockefeller Capital Management LP’s current holdings is $204,000.
And finally, in the third quarter, Ellevest Inc.
Increased Newell Brands shareholding by 40.4%, making this the company’s latest achievement.
After completing an additional purchase of 1,392 shares during the Company’s most recent fiscal quarter, Ellevest Inc. now holds a total of 4,836 shares of the Company’s stock, which have an estimated market value of $67,000.
Institutional investors and hedge funds together own 92.31% of the total number of shares issued by the company.
These investors also hold the majority of the voting rights.
Recent research publications have focused their attention in one way or another on issues related to the Northwest Territories.
In a research note published Thursday, Raymond James lowered his price target on Newell Brands shares to $18.00 from $20.00, giving the company a “strong buy” rating. JPMorgan Chase & Co.
announced that they had raised their price target on their stock to $18.00 from $16.00 in a research note issued on Friday, January 13, giving them an “Overweight” rating. StockNews.com began tracking and reporting on shares of Newell Brands with the release of a research note on Wednesday, October 12.
Mhey recommended that shareholders “hold” their shares in the company. On Jan. 24, Wells Fargo & Company issued a research note on Newell Brands, stating that they had increased their price target on the company from $13.00 to $15.00 and rated the stock as “equal weight.” The note also stated that they had published the note.
Morgan Stanley lowered its price target on Newell Brands to $17.00 from $18.50 and ranked the company at “breakeven weight” in a research note published Oct. 31.
That was the last and most important point.
The stock received a sell rating from one of the equity analysts, a hold rating from four of the analysts, a buy rating from three and a strong buy rating from one of the analysts.
Bloomberg reports that Newell Brands currently has an average hold rating and a price target of $18.11 per share.
$15.84 was chosen to mark Monday’s start of trading on NASDAQ NWL. Newell Brands Inc. hit an all-time low of $12.24 during its 52-week trading period while the company hit an all-time high of $26.45 during the same period.
The 50-day moving average for the company is $13.82 and the 200-day moving average is $15.27.
The company’s current market cap is $6.55 billion, the stock’s P/E is 11.91, and the company’s beta is 0.82. Currently, the debt to equity ratio is 1.26, the quick ratio is 0.64, and the current ratio is 1.25.
Newell Brands (NASDAQ: NWL) released its earnings report for the previous quarter on October 28, a Friday.
The company reported earnings per share (EPS) of $0.53 for the period, up $0.06 from consensus expectations of $0.47 per share. The results of Newell Brands’ financial analysis: a net margin of 5.66% and a return on equity of 20.03%.
The company’s actual revenue for the quarter was $2.25 billion, which was in line with market analysts’ forecasts for revenue levels. The company reported earnings of $0.54 per share compared to the same period last year.
The company’s quarterly revenue declined 19.2% compared to results for the year-ago quarter.
The majority opinion of financial market specialists is that Newell Brands Inc. will post earnings of $1.58 per share in 2018.
In addition, the company announced a quarterly dividend, which was paid to shareholders on December 15. On Wednesday, November 30, dividend payments of $0.23 per share were made to shareholders who had registered holders the previous business day.
The dividend was paid to shareholders on November 29 (a Tuesday), the month in question.
This results in a dividend yield of 5.81% and a dividend payment of $0.92 per year as a direct result of this situation.
The payout ratio for Newell Brands is 69.17%.
Newell Brands, Inc.
Is responsible for the manufacture, marketing and distribution of various goods aimed at individual consumers and commercial companies.
Businesses include Commercial Solutions, Home Appliances, Home Solutions, Learning and Development, and Outdoor and Recreation, in that order.
In the Commercial Solutions section you will find commercial cleaning and maintenance products, garage and closet organization, hygiene systems and material handling solutions, connected home and security systems, smoke and carbon monoxide alarms and more.