Nordstrom family considering buyout of department store

Rufina Vignone
Giugno 9, 2017

The stock has relative volume of 0.75. Spot Trading Ltd Llc owns 3,609 shares. It has outperformed by 30.29% the S&P500. Northcoast Research restated a "neutral" rating on shares of Nordstrom in a research report on Tuesday, May 16th.

As of Thursday's open, Nordstrom had a market value of $7.8 billion. As a public company with the asset heaviness of the department store business and low margins, they can not disrupt. It has a 19.01 P/E ratio.

Denver Investment Advisors Lc invested in 0.02% or 10,498 shares. President Trump criticized the decision on Twitter, but Nordstrom President Peter E. Nordstrom told investors in a conference call after that "it's not really discernible one way or the other" whether the tweet affected sales. Ledyard Bancshares reported 604 shares. Carroll Associate Inc owns 1,031 shares. (NYSE:JWN) or 1,558 shares. Its down 0.91% from 28.43M shares previously. Five analysts have issued estimates for Nordstrom's earnings, with the highest EPS estimate coming in at $0.34 and the lowest estimate coming in at $0.20. Schwartz Counsel stated it has 56,200 shares or 0.19% of all its holdings. LITTLE DANIEL F sold $348,940 worth of Nordstrom, Inc. (NYSE:JWN) by 76.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. (NYSE:JWN) for 20,415 shares. 470,184 are owned by Btim. 28,417 are held by Hartford Mgmt Co.

But going private may be slightly easier for Nordstrom, analysts said. Maxim Group reinitiated Nordstrom, Inc. TheStreet lowered Nordstrom from a "b-" rating to a "c" rating in a research report on Thursday, May 11th. Nordstrom, Inc. (NYSE:JWN), at its latest closing price of $40.14, it has a price-to-book ratio of 10.21, compared to an industry average at 9.67. Citigroup Inc dropped their price objective on Nordstrom from $50.00 to $46.00 and set a "neutral" rating on the stock in a research note on Friday, May 12th. (NYSE:JWN). Umb Fincl Bank N A Mo accumulated 111,702 shares. Below is a list of Nordstrom, Inc. (NYSE:JWN) on Monday, April 3. Deutsche Bank has "Hold" rating and $56 target. The rating was downgraded by Deutsche Bank on Monday, October 31 to "Hold". The company was initiated on Tuesday, November 10 by Guggenheim. (NYSE:JWN) or 59,195 shares. (NYSE:JWN) shares. Meden Scott A sold $300,000 worth of stock. KOPPEL MICHAEL G sold $5.09 million worth of stock. Its up 0.11, from 0.75 in 2016Q3. Institutional investors and hedge funds own 66.03% of the company's stock. This rating uses a scale from 1 to 5.

It went public in 1971, and sales exceeded $100 million two years later.

Shares jumped almost 16% in morning trade on the stock market today. Shelter Insurance Retirement Plan holds 2.54% of its portfolio in Deere & Company (NYSE:DE) for 54,300 shares. Private Tru Communication Na stated it has 7,056 shares. Pacific Global Inv Management has invested 0.19% in Deere & Company (NYSE:DE). Therefore 37% are positive. The average analysts gave this company a mean recommendation of 3.10. As per Monday, May 16, the company rating was upgraded by Northcoast. Stifel Nicolaus has "Buy" rating and $58 target. The firm has "Underweight" rating by Morgan Stanley given on Monday, August 24. The company was maintained on Friday, August 12 by UBS. A rating of 4 or 5 would indicate a consensus Sell.

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