Moreno Evelyn V Decreased Its Nordstrom (JWN) Stake by $658,329; Miller Howard Investments Trimmed Lamar Advertising Co New Cl A (LAMR) Stake by $1.39 Million as Share Value Declined

February 20, 2018 - By Nellie Frank

Miller Howard Investments Inc decreased its stake in Lamar Advertising Co New Cl A (LAMR) by 1.84% based on its latest 2017Q3 regulatory filing with the SEC. Miller Howard Investments Inc sold 20,407 shares as the company’s stock declined 9.40% while stock markets rallied. The institutional investor held 1.09 million shares of the real estate investment trusts company at the end of 2017Q3, valued at $74.72 million, down from 1.11 million at the end of the previous reported quarter. Miller Howard Investments Inc who had been investing in Lamar Advertising Co New Cl A for a number of months, seems to be less bullish one the $6.96B market cap company. The stock increased 0.86% or $0.6 during the last trading session, reaching $70.67. About 195,989 shares traded. Lamar Advertising Company (NASDAQ:LAMR) has risen 13.65% since February 20, 2017 and is uptrending. It has underperformed by 3.05% the S&P500.

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 $8.52 billion market cap company. The stock decreased 0.74% or $0.38 during the last trading session, reaching $51.12. About 457,142 shares traded. Nordstrom, Inc. (NYSE:JWN) has risen 9.86% since February 20, 2017 and is uptrending. It has underperformed by 6.84% 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. Quinn Opportunity Prns Lc invested in 12,601 shares or 0.09% of the stock. Andra Ap, a Alabama-based fund reported 66,700 shares. Fjarde Ap owns 33,981 shares or 0.03% of their US portfolio. Garde Capital invested in 0.06% or 6,866 shares. Hall Laurie J Trustee has 70 shares for 0% of their portfolio. Hsbc Holdg Pcl holds 0.02% or 229,003 shares. Hyman Charles D reported 0.1% stake. Ally Incorporated invested in 0.27% or 30,000 shares. Swiss Commercial Bank reported 460,425 shares. Hartford Invest Mngmt Communication has invested 0.03% in Nordstrom, Inc. (NYSE:JWN). Rampart Investment Management Company Ltd Limited Liability Company stated it has 1,410 shares or 0.02% of all its holdings. Rothschild Corporation Il, a Illinois-based fund reported 5,869 shares. Strs Ohio reported 1,596 shares. Tudor Inv Et Al reported 41,294 shares. Moreover, Windward Capital Mgmt Ca has 0.15% invested in Nordstrom, Inc. (NYSE:JWN) for 19,442 shares.

Analysts await Nordstrom, Inc. (NYSE:JWN) to report earnings on February, 22. They expect $1.20 earnings per share, down 12.41% or $0.17 from last year’s $1.37 per share. JWN’s profit will be $199.91 million for 10.65 P/E if the $1.20 EPS becomes a reality. After $0.67 actual earnings per share reported by Nordstrom, Inc. for the previous quarter, Wall Street now forecasts 79.10% EPS growth.

Among 31 analysts covering Nordstrom Inc. (NYSE:JWN), 7 have Buy rating, 6 Sell and 18 Hold. Therefore 23% are positive. Nordstrom Inc. had 110 analyst reports since August 14, 2015 according to SRatingsIntel. Telsey Advisory Group maintained Nordstrom, Inc. (NYSE:JWN) rating on Friday, May 13. Telsey Advisory Group has “Market Perform” rating and $40 target. As per Thursday, February 2, the company rating was downgraded by Goldman Sachs. The company was maintained on Friday, August 12 by Deutsche Bank. Goldman Sachs maintained it with “Neutral” rating and $44 target in Friday, August 12 report. The stock of Nordstrom, Inc. (NYSE:JWN) earned “Buy” rating by Deutsche Bank on Friday, October 2. The firm earned “Hold” rating on Friday, November 10 by BMO Capital Markets. On Monday, October 12 the stock rating was maintained by Credit Suisse with “Neutral”. Brean Capital maintained Nordstrom, Inc. (NYSE:JWN) on Friday, August 14 with “Hold” rating. The stock has “Hold” rating by Piper Jaffray on Wednesday, October 18. The firm has “Buy” rating given on Friday, August 12 by Stifel Nicolaus.

Moreno Evelyn V, which manages about $334.39M 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 12 analysts covering Lamar Advertising (NASDAQ:LAMR), 6 have Buy rating, 1 Sell and 5 Hold. Therefore 50% are positive. Lamar Advertising had 20 analyst reports since August 6, 2015 according to SRatingsIntel. Wedbush maintained Lamar Advertising Company (NASDAQ:REIT) rating on Wednesday, February 24. Wedbush has “Neutral” rating and $65 target. The firm has “Hold” rating given on Thursday, November 5 by Topeka Capital Markets. The firm earned “Neutral” rating on Wednesday, February 24 by M Partners. On Wednesday, December 20 the stock rating was downgraded by Citigroup to “Sell”. The stock of Lamar Advertising Company (NASDAQ:REIT) has “Equal-Weight” rating given on Friday, February 9 by Morgan Stanley. The firm has “Neutral” rating by Citigroup given on Friday, August 11. The rating was upgraded by Topeka Capital Markets to “Buy” on Tuesday, December 8. The stock has “Neutral” rating by M Partners on Friday, January 8. On Wednesday, August 9 the stock rating was maintained by M Partners with “Neutral”. The company was maintained on Thursday, August 6 by Topeka Capital Markets.

Since December 14, 2017, it had 0 insider purchases, and 1 insider sale for $313,326 activity.

Miller Howard Investments Inc, which manages about $6.68B and $4.85 billion US Long portfolio, upped its stake in Antero Midstream Partners Lp U (NYSE:AM) by 147,747 shares to 953,265 shares, valued at $30.06 million in 2017Q3, according to the filing. It also increased its holding in Pitney Bowes Inc Com (NYSE:PBI) by 1.26M shares in the quarter, for a total of 5.09M shares, and has risen its stake in Bce Inc Com New (NYSE:BCE).

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