Nordstrom, Inc. (JWN) Releases Earnings Results, Beats Estimates By $0.01 EPS


Nordstrom, Inc. (JWN) Releases Earnings Results, Beats Estimates By $0.01 EPS

Exelon Corporation (NYSE:EXC)'s stock on Wednesday traded at beginning with a price of $38.42 and when day-trade ended the stock finally plunged -1.33% to reach at $37.70. The company has market cap of $30.58 million.

Since February 24, 2017, it had 0 buys, and 7 insider sales for $957,330 activity. Nordstrom had a net margin of 2.51% and a return on equity of 69.16%. (NYSE:JWN) for 6,965 shares. TN boosted its stake in shares of Nordstrom by 2.8% in the first quarter. Keefe Bruyette & Woods downgraded C1 Financial Inc (NYSE:BNK) on Monday, October 19 to "Market Perform" rating. The Company's segments include Retail and Credit. It has a 20.65 P/E ratio. As of January 28, 2017, the Company operated approximately three Nordstrom full-line stores, including two in Canada, and 21 Nordstrom Rack stores. (NYSE:JWN). Ranger Inv Management LP has invested 0.02% in Nordstrom, Inc. Therefore 33% are positive.

Among 27 analysts covering Nordstrom Inc.

On June 9 the company was downgraded to "Neutral" from "Neutral" in a statement from UBS. (NYSE:JWN) rating on Friday, August 12. Piper Jaffray maintained Nordstrom, Inc. As per Monday, October 5, the company rating was upgraded by Sandler O'Neill. Goldman Sachs holds 0.01% or 714,914 shares. The company was maintained on Friday, October 2 by Deutsche Bank.

The average 12 month target price among brokers that have covered the stock in the past year is $6.75. The firm has "Underweight" rating given on Friday, December 16 by JP Morgan.

Investors sentiment decreased to 0.81 in 2016 Q4. Its down 0.09, from 0.9 in 2016Q3. 80 funds opened positions while 127 raised stakes. (NYSE:JWN) or 50,856 shares. Patten Gru has invested 0.16% in Nordstrom, Inc.

A number of equities analysts recently issued reports on JWN shares. Zweig holds 0.03% or 8,000 shares in its portfolio. Zacks has invested 0.01% in Nordstrom, Inc. Pnc Fin Serv Grp reported 0% in Nordstrom, Inc. (NYSE:JWN). Wells Fargo And Mn stated it has 1.09 million shares. Whittier Communication accumulated 116 shares or 0% of the stock. Skandinaviska Enskilda Banken AB publ now owns 3,354,037 shares of the specialty retailer's stock worth $156,198,000 after buying an additional 816,498 shares during the period. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Inv Mngmt Corp has invested 0% in Nordstrom, Inc. (NYSE:JWN). Franklin Resource invested in 555,992 shares or 0.01% of the stock. The original version of this news story can be accessed at https://theolympiareport.com/2017/08/11/nordstrom-inc-jwn-releases-earnings-results-beats-estimates-by-0-01-eps.html. Smead Capital holds 1.97% or 811,722 shares in its portfolio.

Davidson D A & Company, which manages about $9.65B and $4.41B US Long portfolio, upped its stake in Ishares Lehman Aggregate Bond Fund (Agg) (AGG) by 81,643 shares to 472,084 shares, valued at $51.01M in 2016Q4, according to the filing. Trading volume was up 167.57% over the stocks average daily volume. The Connecticut-based Gilman Hill Asset Management Llc has invested 2.02% in the stock.

About 129,012 shares traded. It is down 83.95% since August 10, 2016 and is downtrending. It has underperformed by 3.75% the S&P500.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.