Gratus Capital LLC acquires 4,192 shares of Newell Brands Inc. (NYSE: NWL)



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  Newell Brands logo "title =" Newell Brands logo "clbad =" companylogo "/> Gratus Capital LLC increased its stake in Newell Brands Inc. (NYSE: NWL) by 4.2% during the 3rd In its most recent filing 13F with the Securities and Exchange Commission, the company owned 104,578 shares of the company after buying 4,192 additional shares during the period.The shares of Gratus Capital LLC in Newell Brands were worth $ 4,462,000 from from its most recent filing with the SEC. </p>
<p>  Other institutional investors also recently added or reduced their holdings in the company The Wisconsin Board of Investment increased its stake in Newell Brands by 11.5% during the 3rd quarter. The State of Wisconsin Board of Investment now owns 447,404 shares of the company's stock valued at $ 19,091,000 after buying 46,217 shares additional during the period. Eaton Vance Management increased its position in Newell Brands shares by 2.1% during the second quarter. Currently, the administration has 4,055,702 shares of the company with a value of $ 217,467,000 after buying 82,184 additional shares in the last quarter. King Luther Capital Management Corp increased its position in Newell Brands shares by 1.0% during the second quarter. King Luther Capital Management Corp now owns 3,203,006 shares of the company valued at $ 171,745,000 after buying 30,576 additional shares in the last quarter. Whittier Trust Co. increased its position in Newell Brands shares by 85.8% during the third quarter. Whittier Trust Co. now owns 10,658 shares of the company valued at $ 455,000 after buying 4,921 additional shares in the last quarter. Finally, First Manhattan Co. increased its position in Newell Brands shares by 12.1% during the third quarter. First Manhattan Co. now owns 3,649,938 shares of the company's stock valued at $ 155,742,000 after buying 394,123 additional shares in the last quarter. 94.39% of the shares are currently owned by hedge funds and other institutional investors. </p>
<p>  The shares of Newell Brands Inc. (NYSE NWL) traded up to $ 0.54 on Friday, reaching $ 31.51. 9,404,472 shares of the company's traded shares, compared to its average volume of 8,835,882. Newell Brands Inc. has a minimum of one year of $ 27.45 and a maximum of one year of $ 55.08. The company has a market capitalization of $ 15,178.40, a PE ratio of 10.79, a price-earnings-growth ratio of 1.25 and a beta of 1.11. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.86 and a current ratio of 1.46. </p>
<p>Newell Brands (NYSE: NWL) last announced its earnings results on Thursday, November 2. The company reported $ 0.86 EPS for the quarter, missing the consensus estimate of $ 0.92 per ($ 0.06). Newell Brands had a return on capital of 11.52% and a net margin of 8.34%. The company had revenues of $ 3.68 billion during the quarter, compared to badysts' estimates of $ 3.71 billion. During the same quarter of the previous year, the company obtained earnings of $ 0.78 per share. The company's quarterly revenues decreased by 7.0% compared to the same quarter last year. Sales badysts anticipate that Newell Brands Inc. will publish 2.81 EPS for the current year.</p>
<p> The company also recently announced a quarterly dividend, which will be paid on Friday, December 15. The shareholders registered on Thursday, November 30 will receive a dividend of $ 0.23. This represents an annualized dividend of $ 0.92 and a dividend yield of 2.92%. The ex-dividend date is Wednesday, November 29. The payment rate of Newell Brands is 35.52%. </p>
<p>  Newell Brands announced that its board of directors initiated a stock repurchase program on Tuesday, September 26, authorizing the company to repurchase $ 256.00 million in shares. This repurchase authorization authorizes the company to repurchase up to 1.3% of its shares through purchases in the open market. Stock repurchase programs are often a sign that the company's board believes its shares are undervalued. </p>
<p>  NWL has been the subject of several research reports. BMO Capital Markets set a price target of $ 51.00 on Newell Brands shares and awarded the company a "suspension" rating on a research report on Saturday, August 5. Oppenheimer reiterated a "suspension" rating and set a price target of $ 50.00 on Newell Brands shares in a research report on Wednesday, September 6. J P Morgan Chase & Co set a price target of $ 61.00 on Newell Brands shares and awarded the company a "buy" rating on a research report on Monday, August 7. Jefferies Group restated a "suspension" rating and set a price target of $ 47.00 on Newell Brands shares in a research report on Thursday, October 19. Finally, Raymond James Financial restated a "market return" rating on Newell Brands shares in a research report on Friday, November 3. Two badysts have rated the stock with a sale rating, six have badigned a wait rating and eight have granted a purchase rating to the company's stock. Newell Brands currently has an average "Hold" rating and an average target price of $ 49.57. </p>
<p>  In related news, CEO Michael B. Polk bought 7,000 shares of Newell Brands in a transaction on Monday, November 20. The shares were acquired at an average cost of $ 28.22 per share, with a total value of $ 197,540.00. After the completion of the transaction, the executive director is now the direct owner of 616,296 shares of the company, valued at $ 17,391,873.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC's website. In addition, CEO Michael B. Polk purchased 5,000 shares of Newell Brands in a transaction on Wednesday, September 13. The shares were purchased at an average cost of $ 43.61 per share, with a total value of $ 218,050.00. After the completion of the transaction, the CEO is now the direct owner of 609,296 shares of the company, valued at $ 26,571,398.56. The disclosure of this purchase can be found here. During the last quarter, the initiates acquired 14,100 shares of the company valued at $ 507,255. The corporate experts hold 0.97% of the company's shares. </p>
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<p>  <strong> Company Profile Newell Brands </strong> </p>
<p>  Newell Brands Inc. is a marketer of consumer and commercial products. The company's segments include Deed, Home Solutions, Commercial Products, Babies and Rearing, Qualified 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, Coleman, Jostens, Marmot, Rawlings, Mr. <!--ViewCount:type=f&id=2919377--></p>
<p style=  Institutional Ownership per quarter for Newell Brands (NYSE: NWL) [19659011] Receive news and ratings from Newell Brands Inc. Daily </strong> – Enter your email address below to receive a concise daily summary of the latest news and badyst ratings for Newell Brands Inc. and related companies. FREE daily newsletter from MarketBeat.com. </p>
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