Newell Rubbermaid Inc. (NYSE:NWL) shares saw strong trading volume on Tuesday . 7,957,238 shares traded hands during trading, an increase of 72% from the previous session’s volume of 4,631,417 shares.The stock last traded at $49.26 and had previously closed at $48.59.

Several research analysts recently issued reports on the company. Zacks Investment Research raised Newell Rubbermaid from a “hold” rating to a “buy” rating and set a $55.00 target price on the stock in a research report on Tuesday, July 5th. Jefferies Group reaffirmed a “buy” rating and set a $59.00 target price on shares of Newell Rubbermaid in a research report on Wednesday, June 29th. TheStreet raised Newell Rubbermaid from a “hold” rating to a “buy” rating in a research report on Friday, April 29th. Deutsche Bank AG upped their target price on Newell Rubbermaid from $50.00 to $52.00 and gave the company a “buy” rating in a research report on Monday, May 2nd. Finally, JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Newell Rubbermaid in a research report on Monday, May 2nd. One investment analyst has rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $53.73.

The firm has a market cap of $13.22 billion and a P/E ratio of 39.56. The stock has a 50-day moving average price of $48.14 and a 200 day moving average price of $43.38.

Newell Rubbermaid (NYSE:NWL) last posted its quarterly earnings data on Friday, April 29th. The company reported $0.40 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.02. During the same period in the prior year, the business posted $0.36 EPS. The firm earned $1.31 billion during the quarter, compared to analyst estimates of $1.29 billion. The company’s revenue for the quarter was up 4.0% on a year-over-year basis. Analysts forecast that Newell Rubbermaid Inc. will post $2.85 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 15th. Investors of record on Tuesday, May 31st were paid a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 1.56%. The ex-dividend date was Thursday, May 26th.

In other Newell Rubbermaid news, insider William A. Burke III sold 34,882 shares of Newell Rubbermaid stock in a transaction on Monday, May 23rd. The shares were sold at an average price of $47.02, for a total transaction of $1,640,151.64. Following the completion of the sale, the insider now owns 155,559 shares of the company’s stock, valued at approximately $7,314,384.18. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Ian G. H. Ashken sold 346,781 shares of Newell Rubbermaid stock in a transaction on Thursday, June 23rd. The shares were sold at an average price of $48.51, for a total transaction of $16,822,346.31. Following the sale, the director now directly owns 992,909 shares of the company’s stock, valued at approximately $48,166,015.59. The disclosure for this sale can be found here.

Other large investors recently modified their holdings of the company. Standard Life Investments LTD raised its stake in shares of Newell Rubbermaid by 123.0% in the fourth quarter. Standard Life Investments LTD now owns 8,764,347 shares of the company’s stock worth $386,200,000 after buying an additional 4,833,608 shares during the period. Winton Capital Group Ltd raised its stake in shares of Newell Rubbermaid by 27.3% in the fourth quarter. Winton Capital Group Ltd now owns 682,853 shares of the company’s stock worth $30,100,000 after buying an additional 146,361 shares during the period. TD Asset Management Inc. raised its stake in shares of Newell Rubbermaid by 0.5% in the fourth quarter. TD Asset Management Inc. now owns 124,371 shares of the company’s stock worth $5,482,000 after buying an additional 600 shares during the period. Sei Investments Co. raised its stake in shares of Newell Rubbermaid by 66.9% in the fourth quarter. Sei Investments Co. now owns 112,778 shares of the company’s stock worth $4,971,000 after buying an additional 45,211 shares during the period. Finally, US Bancorp DE raised its stake in shares of Newell Rubbermaid by 6.7% in the fourth quarter. US Bancorp DE now owns 69,426 shares of the company’s stock worth $3,061,000 after buying an additional 4,363 shares during the period.

Newell Brands Inc, formerly Newell Rubbermaid Inc, is a global consumer goods company. The Company’s brands consists of Paper Mate, Sharpie, Dymo, EXPO, Parker, Elmer’s, Coleman, Jostens, Marmot, Rawlings, Irwin, Lenox, Oster, Sunbeam, FoodSaver, Mr. Coffee, Rubbermaid Commercial Products, Graco, Baby Jogger, NUK, Calphalon, Rubbermaid, Contigo, First Alert, Waddington and Yankee Candle.

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