Budget and Brexit progress have boosted the economy, says Bank of England
Alibaba Is Creating Cat-Shaped Car Vending Machines
What is net neutrality and why does it matter?
ACCC to oppose BP's acquisition of Woolworths' service stations for $1.3bn
Nordstrom, Inc. (NYSE:JWN) Experiences Heavier than Average Trading Volume
11 August 2017, 10:37 | Joann Bryant
Shoppers walk into a Nordstrom store in Pittsburgh. Associated Press files
Shares of Nordstrom, Inc. (NYSE:JWN). Raymond James Financial Ser Advisors, a Florida-based fund reported 29,549 shares. Five investment analysts have rated the stock with a sell recommendation, sixteen have given a hold recommendation and seven have given a buy recommendation to the company. This dividend represents a yeild of $3.12 which is the dividend as a percentage of the current share price.
Several brokerages recently commented on JWN. They set an "accumulate" rating and a $54.00 target price for the company. Vetr now has $41.54 price target on the specialty retailer's stock. Atlantic Securities raised Nordstrom from a "neutral" rating to an "overweight" rating and boosted their price objective for the stock from $45.00 to $58.00 in a report on Thursday, May 4th. (NYSE:JWN), 9 have Buy rating, 6 Sell and 12 Hold. Vetr cut shares of Nordstrom from a "sell" rating to a "strong sell" rating and set a $41.54 price target on the stock.in a research note on Monday, July 17th. (NYSE JWN) traded down 4.29% on Thursday, hitting $44.87. The stock decreased 1.18% or $0.56 during the last trading session, reaching $46.88. The stock's 50 day moving average is $47.43 and its 200 day moving average is $45.51. Nordstrom has a 52-week low of $39.05 and a 52-week high of $62.82.
Nordstrom, Inc. (NYSE:JWN) issued its quarterly earnings results on Thursday. The specialty retailer reported $0.65 EPS for the quarter, topping the consensus estimate of $0.64 by $0.01, Briefing.com reports. NORDSTROM PETER E sold $69,319 worth of Nordstrom, Inc. The firm had revenue of $3.72 billion for the quarter, compared to the consensus estimate of $3.70 billion. During the same period in the prior year, the firm earned $0.67 earnings per share. The business's quarterly revenue was up 3.5% compared to the same quarter previous year.
Nordstrom, Inc. (NYSE:JWN) yearly performance is 7.72% and net profit margin is 2.50%.
COPYRIGHT VIOLATION NOTICE: "Nordstrom, Inc". (NYSE:JWN) has "Market Perform" rating given on Friday, November 11 by Telsey Advisory Group. If you are accessing this piece of content on another domain, it was stolen and republished in violation of worldwide copyright & trademark legislation.
A number of other institutional investors also recently modified their holdings of the stock. Moreover, Princeton Capital Management Inc has 0.06% invested in the company for 40,170 shares. Nordstrom Inc now has $7.78B valuation. BlackRock Inc. now owns 8,021,009 shares of the specialty retailer's stock worth $373,537,000 after buying an additional 7,689,800 shares during the period. Gemmer Asset Management LLC increased its stake in shares of Nordstrom by 0.8% in the first quarter. State of Tennessee Treasury Department now owns 276,712 shares of the specialty retailer's stock worth $13,235,000 after buying an additional 175,590 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of Nordstrom by 37.8% in the second quarter. Principal Financial Group Inc. now owns 1,831,138 shares of the specialty retailer's stock worth $87,584,000 after buying an additional 1,149,685 shares during the last quarter. The Company's primary internal focus is to leverage its cell-free molecular diagnostic platform to facilitate improvements in the field of oncology, while its external focus includes entering into license agreements or collaborations to develop its technology in areas, such as infectious disease, transplant medicine and prenatal genetics.
Britney Spears stage invader arrested at Las Vegas show
The pop star was in the middle of a performance of insane when a man did what appeared to be a somersault towards her entourage. Audience members captured video of the incident and Spears' reaction when she learned what had happened.
Acura RLX gets new look, but will it be enough to compete?
Other features, including adaptive cruise control, lane-keeping assistance and automatic emergency braking are still included. A new Traffic Jam Assist feature is a significant addition to the RLX's standard AcuraWatch bundle of active safety features.
IPhone 8 virtual home button plans detailed
Also expected with a new iPhone 8 launch this year would be newer iterations of the iPhone 7 with a iPhone 7s and iPhone 7s Plus . Copper iPhone 8 : Images of an iPhone 8 dummy unit that is copper is color has shown up online , reports AppleInsider .
Child killed in Lalamusa by cars in Nawaz Sharif's motorcade
Mr Sharif's wife has stood by her husband throughout a political career in which he has been ousted as prime minister three times. During the meeting in Islamabad , he claimed that people have admitted that the Sharif family is corrupt and spoke lies.
Jose Mourinho's verdict on his chase for Gareth Bale
It is said no player in the Madrid first team has a release clause lower than €500 with players in the youth tea, already on €300. Not taking them caused us to suffer a bit at the end. " But we gave them a good fight ".
Tim Tebow meets boy with autism while on-deck, hits home run
Lucie Mets game against the Charlotte Stone Crabs late last month, Tim Tebow made a young fan's day after they shook hands. Tebow , 29, was taking practice swings in the on-deck circle while the Stone Crabs had a brief conference at the plate.