Nordstrom, Inc. (NYSE:JWN) Trading Down Today - Down by 5.81%

Andrew Cummings
October 16, 2017

Its down 0.26, from 1.41 in 2017Q1. Moreover, Windward Capital Ca has 0.15% invested in Nordstrom, Inc. Suntrust Banks Inc holds 11,321 shares or 0% of its portfolio.

A number of analysts recently weighed in on JWN shares.

Nordstrom, Inc. had its "overweight" rating reiterated by analysts at KeyBanc. Aberdeen Asset Mgmt Public Limited Company Uk invested in 0.01% or 49,107 shares. (NYSE:JWN) for 22,894 shares. Rowland & CO Investment Counsel/adv controls 25,415 shares valued at $1,200,459,000. Finally, Zacks Investment Research upgraded shares of Nordstrom from a "strong sell" rating to a "hold" rating in a report on Tuesday, February 28th. Ameriprise Fincl Inc invested in 0% or 260,543 shares. (JWN) stake by 13.21% reported in 2017Q2 SEC filing. This represents a $1.48 dividend on an annualized basis and a dividend yield of 3.48%. Cls Investments Ltd Liability owns 92 shares or 0% of their USA portfolio. Hedge funds and other institutional investors own 66.03% of the company's stock.


Clifford Swan Investment Counsel Llc increased Nordstrom Inc. (NYSE:JWN) to report earnings on November, 9. Wells Fargo & Company MN now owns 1,376,015 shares of the specialty retailer's stock worth $64,082,000 after buying an additional 288,487 shares during the last quarter.

It's possible investors are seeing Nordstrom's 15% year-to-date decline and thinking that it doesn't have much further to fall. It has underperformed by 7.34% the S&P500. (NYSE:JWN), 8 have Buy rating, 6 Sell and 15 Hold. Therefore 28% are positive. Northfield Bancorp had 9 analyst reports since July 21, 2015 according to SRatingsIntel. Cleveland downgraded the stock to "Neutral" rating in Friday, April 29 report. On Tuesday, July 21 the stock rating was initiated by Jefferies with "Hold". NEXT Financial Group Inc raised its stake in Nordstrom by 55.4% during the 2nd quarter. On Friday, August 14 the stock rating was maintained by Piper Jaffray with "Buy". They now have a United States dollars 47 price target on the stock.

The company now has a P/E ratio of 19.03 and the market value is 6.68B. The company was maintained on Friday, May 13 by Topeka Capital Markets. Telsey Advisory Group has "Market Perform" rating and $57 target. The rating was maintained by Stifel Nicolaus on Wednesday, December 23 with "Buy". United Cap Advisers Ltd Liability has invested 0% in Nordstrom, Inc. The Company's divisions include Retail and Credit. It has a 18.88 P/E ratio.


Shares of the upscale retailer, which operates 344 stores in 40 states and has a market cap of $6.67 billion, slid 6% to $40.06 Monday morning.

More notable recent Nordstrom, Inc. (JWN) said Monday that members of the Nordstrom family have notified the Special Committee of the Board of Directors of the company that the family has suspended active exploration, for the balance of the year, of the possibility of proposing a transaction to take the company private.


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