Investors purchased shares of Newell Brands Inc. (NYSE:NWL) on weakness during trading on Wednesday. $15.07 million flowed into the stock on the tick-up and $9.73 million flowed out of the stock on the tick-down, for a money net flow of $5.34 million into the stock. Of all stocks tracked, Newell Brands had the 13th highest net in-flow for the day. Newell Brands traded down ($1.67) for the day and closed at $47.05

A number of analysts have recently issued reports on the company. Jefferies Group LLC decreased their target price on Newell Brands from $65.00 to $63.00 and set a “buy” rating for the company in a report on Thursday. Oppenheimer Holdings, Inc. reiterated a “hold” rating and set a $50.00 target price on shares of Newell Brands in a report on Wednesday. Royal Bank Of Canada reiterated a “top pick” rating and set a $60.00 target price on shares of Newell Brands in a report on Tuesday, August 29th. BidaskClub cut Newell Brands from a “sell” rating to a “strong sell” rating in a report on Thursday, August 24th. Finally, J P Morgan Chase & Co set a $61.00 target price on Newell Brands and gave the stock a “buy” rating in a report on Monday, August 7th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, nine have given a buy rating and two have issued a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $57.93.

The company’s 50-day moving average is $50.19 and its 200-day moving average is $50.31. The firm has a market capitalization of $21.94 billion, a P/E ratio of 17.88 and a beta of 1.19.

Newell Brands (NYSE:NWL) last released its earnings results on Friday, August 4th. The company reported $0.87 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.86 by $0.01. The firm had revenue of $4.06 billion for the quarter, compared to analyst estimates of $3.96 billion. Newell Brands had a return on equity of 11.47% and a net margin of 7.87%. The company’s revenue was up 5.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.78 EPS. On average, equities analysts anticipate that Newell Brands Inc. will post $3.07 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Thursday, August 31st will be issued a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 2.06%. The ex-dividend date is Tuesday, August 29th. Newell Brands’s dividend payout ratio (DPR) is currently 36.95%.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Fifth Third Bancorp grew its holdings in Newell Brands by 0.5% in the 1st quarter. Fifth Third Bancorp now owns 7,137 shares of the company’s stock valued at $337,000 after buying an additional 39 shares during the last quarter. Cleararc Capital Inc. grew its holdings in Newell Brands by 0.5% in the 1st quarter. Cleararc Capital Inc. now owns 10,902 shares of the company’s stock valued at $514,000 after buying an additional 51 shares during the last quarter. Penserra Capital Management LLC grew its holdings in Newell Brands by 1.6% in the 2nd quarter. Penserra Capital Management LLC now owns 4,160 shares of the company’s stock valued at $223,000 after buying an additional 66 shares during the last quarter. QS Investors LLC grew its holdings in Newell Brands by 1.1% in the 2nd quarter. QS Investors LLC now owns 6,040 shares of the company’s stock valued at $324,000 after buying an additional 68 shares during the last quarter. Finally, Savant Capital LLC grew its holdings in Newell Brands by 1.9% in the 1st quarter. Savant Capital LLC now owns 4,868 shares of the company’s stock valued at $230,000 after buying an additional 90 shares during the last quarter. 92.43% of the stock is currently owned by hedge funds and other institutional investors.

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About Newell Brands

Newell Brands Inc is a marketer of consumer and commercial products. The Company’s segments include Writing, Home Solutions, Commercial Products, Baby & Parenting, Branded Consumables, Consumer Solutions, Outdoor Solutions and Process Solutions. Its products are marketed under a portfolio of brands, including Paper Mate, Sharpie, Dymo, Expo, Parker, Elmer’s, Coleman, Jostens, Marmot, Rawlings, Mr.

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