Dubuque Bank & Trust Co. grew its stake in shares of Nordstrom, Inc. (NYSE:JWN) by 1.5% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 157,225 shares of the specialty retailer’s stock after buying an additional 2,382 shares during the period. Nordstrom comprises 1.1% of Dubuque Bank & Trust Co.’s holdings, making the stock its 24th biggest position. Dubuque Bank & Trust Co.’s holdings in Nordstrom were worth $7,449,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Thrivent Financial For Lutherans purchased a new position in Nordstrom in the 2nd quarter worth approximately $202,000. Evergreen Capital Management LLC lifted its holdings in Nordstrom by 233.6% in the 3rd quarter. Evergreen Capital Management LLC now owns 284,681 shares of the specialty retailer’s stock worth $13,423,000 after purchasing an additional 199,339 shares in the last quarter. APG Asset Management N.V. lifted its holdings in Nordstrom by 6.8% in the 3rd quarter. APG Asset Management N.V. now owns 1,519,455 shares of the specialty retailer’s stock worth $71,642,000 after purchasing an additional 97,000 shares in the last quarter. Schwab Charles Investment Management Inc. lifted its holdings in Nordstrom by 26.8% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 797,763 shares of the specialty retailer’s stock worth $37,615,000 after purchasing an additional 168,724 shares in the last quarter. Finally, West Coast Financial LLC lifted its holdings in Nordstrom by 2.2% in the 3rd quarter. West Coast Financial LLC now owns 128,523 shares of the specialty retailer’s stock worth $6,060,000 after purchasing an additional 2,762 shares in the last quarter. 57.87% of the stock is currently owned by hedge funds and other institutional investors.

JWN has been the topic of a number of research analyst reports. Robert W. Baird reissued a “hold” rating and issued a $50.00 price target on shares of Nordstrom in a report on Wednesday, November 1st. ValuEngine cut Nordstrom from a “buy” rating to a “hold” rating in a report on Sunday, December 31st. Cowen reissued a “buy” rating and issued a $50.00 price target on shares of Nordstrom in a report on Friday, November 10th. Zacks Investment Research raised Nordstrom from a “sell” rating to a “hold” rating in a report on Wednesday, December 27th. Finally, BMO Capital Markets set a $44.00 price target on Nordstrom and gave the stock a “hold” rating in a report on Monday, November 13th. Two analysts have rated the stock with a sell rating, seventeen have issued a hold rating and seven have assigned a buy rating to the stock. Nordstrom has an average rating of “Hold” and a consensus price target of $48.03.

Shares of Nordstrom, Inc. (JWN) opened at $47.23 on Friday. The company has a quick ratio of 0.30, a current ratio of 1.00 and a debt-to-equity ratio of 3.14. Nordstrom, Inc. has a 12 month low of $37.79 and a 12 month high of $53.00. The stock has a market capitalization of $8,212.51, a P/E ratio of 16.63, a price-to-earnings-growth ratio of 2.62 and a beta of 0.90.

Nordstrom (NYSE:JWN) last released its earnings results on Thursday, November 9th. The specialty retailer reported $0.67 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.63 by $0.04. The firm had revenue of $3.54 billion for the quarter, compared to the consensus estimate of $3.50 billion. Nordstrom had a return on equity of 67.44% and a net margin of 3.25%. The company’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.84 EPS. sell-side analysts expect that Nordstrom, Inc. will post 2.99 earnings per share for the current year.

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About Nordstrom

Nordstrom, Inc is a fashion specialty retailer in the United States. The Company’s segments include Retail and Credit. As of March 20, 2017, the Company operated 344 the United States stores located in 40 states as well as an e-commerce business. The Company also offers its customers a variety of payment products and services, including credit and debit cards.

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Institutional Ownership by Quarter for Nordstrom (NYSE:JWN)

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