Newell Brands (NWL) Reaches $27.93 52 Week Low; Morgan Stanley Insured Municipal Income Trust (IIM)’s Sentiment Is 1.05

November 15, 2017 - By Peter Erickson

Invesco Value Municipal Income Trust is a diversified, closed-end management investment company. The company has market cap of $692.67 million. The Trust’s investment objective is to provide common shareholders with current income, which is exempt from federal income tax. It currently has negative earnings. The Trust seeks to achieve its investment objective by investing, primarily in municipal securities that are rated investment-grade at the time of investment.

The stock of Newell Brands Inc (NYSE:NWL) hit a new 52-week low and has $25.97 target or 7.00% below today’s $27.93 share price. The 6 months bearish chart indicates high risk for the $13.69 billion company. The 1-year low was reported on Nov, 15 by If the $25.97 price target is reached, the company will be worth $958.30 million less. About 952,133 shares traded. Newell Brands Inc (NYSE:NWL) has risen 11.94% since November 15, 2016 and is uptrending. It has underperformed by 4.76% the S&P500.

About 12,693 shares traded. Invesco Value Municipal Income Trust (IIM) has declined 12.26% since November 15, 2016 and is downtrending. It has underperformed by 28.96% the S&P500.

Robinson Capital Management Llc holds 3.13% of its portfolio in Invesco Value Municipal Income Trust for 473,642 shares. Macroview Investment Management Llc owns 12,351 shares or 1.01% of their US portfolio. Moreover, Goodwin Daniel L has 0.85% invested in the company for 123,687 shares. The New York-based M&R Capital Management Inc has invested 0.13% in the stock. Landscape Capital Management L.L.C., a New Jersey-based fund reported 62,084 shares.

Since June 1, 2017, it had 0 insider buys, and 2 selling transactions for $964,406 activity. Cunningham James L III sold $85,888 worth of stock. 16,626 shares were sold by Burke William A III, worth $878,518 on Thursday, June 1.

Among 19 analysts covering Newell Rubbermaid Inc. (NYSE:NWL), 12 have Buy rating, 0 Sell and 7 Hold. Therefore 63% are positive. Newell Rubbermaid Inc. had 50 analyst reports since August 4, 2015 according to SRatingsIntel. KeyBanc Capital Markets maintained the stock with “Buy” rating in Monday, September 4 report. The stock of Newell Brands Inc (NYSE:NWL) earned “Buy” rating by Forward View Consulting on Sunday, November 5. On Thursday, September 21 the stock rating was maintained by BMO Capital Markets with “Market Perform”. BMO Capital Markets maintained Newell Brands Inc (NYSE:NWL) on Thursday, September 7 with “Hold” rating. Barclays Capital maintained Newell Brands Inc (NYSE:NWL) rating on Monday, April 25. Barclays Capital has “Overweight” rating and $57 target. The rating was maintained by Jefferies with “Buy” on Friday, August 4. The rating was maintained by Deutsche Bank with “Buy” on Monday, May 2. The firm earned “Hold” rating on Thursday, September 14 by Jefferies. The firm has “Buy” rating by Jefferies given on Monday, August 7. The stock has “Hold” rating by J.P. Morgan on Thursday, November 2.

Investors sentiment decreased to 0.94 in 2017 Q2. Its down 0.17, from 1.11 in 2017Q1. It worsened, as 57 investors sold Newell Brands Inc shares while 227 reduced holdings. 72 funds opened positions while 196 raised stakes. 441.31 million shares or 0.62% less from 444.05 million shares in 2017Q1 were reported. Palisade Capital Mgmt Limited Liability Nj holds 239,120 shares. Blackrock holds 30.52 million shares or 0.09% of its portfolio. Ghp Investment has invested 0.03% in Newell Brands Inc (NYSE:NWL). Moreover, Eaton Vance Mgmt has 0.57% invested in Newell Brands Inc (NYSE:NWL) for 4.06 million shares. The California-based Wetherby Asset Management has invested 0.1% in Newell Brands Inc (NYSE:NWL). Price T Rowe Assoc Md invested in 0.01% or 1.33M shares. Chevy Chase Tru Incorporated reported 416,712 shares. Archford Cap Strategies Ltd Co has 1,932 shares. Srb reported 3,385 shares. Private Advisor Group Inc Lc accumulated 13,503 shares. 138,351 were reported by Abner Herrman & Brock Ltd Co. Dynamic Capital Mngmt Ltd owns 44,185 shares. Ngam Advsrs Lp has 506,615 shares for 0.29% of their portfolio. Public Sector Pension Investment Board holds 0.03% or 54,565 shares in its portfolio. Bb&T Securities Ltd Liability, Virginia-based fund reported 127,208 shares.

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