Moreno Evelyn V decreased its stake in Nordstrom Inc (JWN) by 15.34% based on its latest 2017Q3 regulatory filing with the SEC. Moreno Evelyn V sold 14,007 shares as the company’s stock declined 10.77% while stock markets rallied. The institutional investor held 77,293 shares of the consumer services company at the end of 2017Q3, valued at $3.64 million, down from 91,300 at the end of the previous reported quarter. Moreno Evelyn V who had been investing in Nordstrom Inc for a number of months, seems to be less bullish one the $7.80B market cap company. The stock decreased 0.78% or $0.365 during the last trading session, reaching $46.505. About 758,202 shares traded. Nordstrom, Inc. (NYSE:JWN) has risen 9.86% since March 23, 2017 and is uptrending. It has underperformed by 6.84% the S&P500.
Kessler Investment Group Llc increased its stake in Abbvie Inc (ABBV) by 54.83% based on its latest 2017Q3 regulatory filing with the SEC. Kessler Investment Group Llc bought 4,195 shares as the company’s stock rose 6.17% with the market. The institutional investor held 11,846 shares of the major pharmaceuticals company at the end of 2017Q3, valued at $1.05 million, up from 7,651 at the end of the previous reported quarter. Kessler Investment Group Llc who had been investing in Abbvie Inc for a number of months, seems to be bullish on the $157.48 billion market cap company. The stock increased 1.17% or $1.15 during the last trading session, reaching $99.25. About 7.20 million shares traded or 7.14% up from the average. AbbVie Inc. (NYSE:ABBV) has risen 10.63% since March 23, 2017 and is uptrending. It has underperformed by 6.07% the S&P500.
Investors sentiment increased to 1.14 in 2017 Q3. Its up 0.30, from 0.84 in 2017Q2. It is positive, as 47 investors sold JWN shares while 144 reduced holdings. 70 funds opened positions while 148 raised stakes. 88.99 million shares or 3.77% less from 92.48 million shares in 2017Q2 were reported. Sumitomo Mitsui Tru Holdings owns 370,879 shares. Employees Retirement Association Of Colorado holds 0.01% or 22,759 shares. 7,255 are held by Baker Avenue Asset Management Ltd Partnership. Lucus Advsrs Ltd Co holds 0.49% or 7,337 shares. Tarbox Family Office holds 14 shares. Whitnell reported 34,623 shares. Smithfield Tru holds 0.02% or 3,500 shares in its portfolio. The New York-based Price Michael F has invested 0.01% in Nordstrom, Inc. (NYSE:JWN). Dreman Value Management L L C accumulated 0% or 133 shares. Quantbot Techs Lp holds 0.14% or 32,010 shares. Sun Life Fin Incorporated reported 0% in Nordstrom, Inc. (NYSE:JWN). Cwm Limited Liability Co has 200 shares. Rmb Management Limited Co has invested 0.11% in Nordstrom, Inc. (NYSE:JWN). Moreover, Qs Investors Ltd Liability Corporation has 0% invested in Nordstrom, Inc. (NYSE:JWN). Logan Cap reported 0.15% stake.
Moreno Evelyn V, which manages about $334.39 million US Long portfolio, upped its stake in Intel Corp (NASDAQ:INTC) by 11,834 shares to 237,969 shares, valued at $9.06 million in 2017Q3, according to the filing.
Among 31 analysts covering Nordstrom Inc. (NYSE:JWN), 6 have Buy rating, 6 Sell and 19 Hold. Therefore 19% are positive. Nordstrom Inc. had 116 analyst reports since August 14, 2015 according to SRatingsIntel. The rating was upgraded by JP Morgan to “Neutral” on Tuesday, January 2. Piper Jaffray maintained Nordstrom, Inc. (NYSE:JWN) on Wednesday, January 10 with “Hold” rating. JP Morgan maintained it with “Neutral” rating and $47 target in Friday, April 8 report. The company was downgraded on Tuesday, January 17 by Stifel Nicolaus. The rating was downgraded by Northcoast on Monday, March 7 to “Sell”. The rating was maintained by Goldman Sachs on Friday, August 12 with “Neutral”. Nomura maintained Nordstrom, Inc. (NYSE:JWN) on Monday, May 15 with “Hold” rating. Credit Suisse maintained it with “Neutral” rating and $75 target in Monday, October 12 report. The rating was reinitiated by Maxim Group on Thursday, June 16 with “Buy”. Citigroup initiated the shares of JWN in report on Wednesday, October 7 with “Buy” rating.
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 27.68 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.
Investors sentiment decreased to 0.85 in 2017 Q3. Its down 0.15, from 1 in 2017Q2. It turned negative, as 55 investors sold ABBV shares while 640 reduced holdings. 132 funds opened positions while 462 raised stakes. 1.06 billion shares or 1.89% more from 1.04 billion shares in 2017Q2 were reported. Barnett has invested 0.02% in AbbVie Inc. (NYSE:ABBV). Spinnaker Tru invested in 4,620 shares. Asset Mngmt reported 159,108 shares or 0.47% of all its holdings. 4.13M were accumulated by California Pub Employees Retirement System. North Star Asset Management has invested 0.12% of its portfolio in AbbVie Inc. (NYSE:ABBV). Icon Advisers Incorporated owns 57,100 shares or 0.36% of their US portfolio. Groesbeck Invest Mgmt Nj holds 5.09% or 79,593 shares in its portfolio. The Hong Kong-based Point72 Asia (Hong Kong) Ltd has invested 0.11% in AbbVie Inc. (NYSE:ABBV). Trust Of Virginia Va has invested 0.27% in AbbVie Inc. (NYSE:ABBV). 24,979 are held by Highland Mngmt Ltd Llc. Carret Asset Mgmt Limited reported 1.05% in AbbVie Inc. (NYSE:ABBV). 3,820 are owned by Sonata Grp Inc. Oregon Public Employees Retirement Fund has 0.24% invested in AbbVie Inc. (NYSE:ABBV). 31,783 were accumulated by Alpine Woods Cap Investors Ltd Llc. Dimensional Fund Advsr Limited Partnership has invested 0.16% in AbbVie Inc. (NYSE:ABBV).
Kessler Investment Group Llc, which manages about $101.98M and $77.84 million US Long portfolio, decreased its stake in Cummins Inc (NYSE:CMI) by 2,295 shares to 18,456 shares, valued at $3.10M in 2017Q3, according to the filing. It also reduced its holding in Jpmorgan Chase & Co (NYSE:JPM) by 12,973 shares in the quarter, leaving it with 28,176 shares, and cut its stake in Microsoft Corp (NASDAQ:MSFT).