Pdt Partners Holding in Msa Safety (MSA) Has Boosted as Stock Price Rose; As Nordstrom (JWN) Stock Price Rose, Restructuring Capital Associates LP Decreased Stake

Nordstrom, Inc. (NYSE:JWN) Logo

Restructuring Capital Associates Lp decreased its stake in Nordstrom Inc (JWN) by 35.64% based on its latest 2018Q2 regulatory filing with the SEC. Restructuring Capital Associates Lp sold 58,800 shares as the company’s stock rose 27.87% with the market. The hedge fund held 106,200 shares of the consumer services company at the end of 2018Q2, valued at $5.50 million, down from 165,000 at the end of the previous reported quarter. Restructuring Capital Associates Lp who had been investing in Nordstrom Inc for a number of months, seems to be less bullish one the $8.29 billion market cap company. The stock decreased 2.62% or $1.33 during the last trading session, reaching $49.36. About 2.76 million shares traded or 3.86% up from the average. Nordstrom, Inc. (NYSE:JWN) has risen 46.15% since December 8, 2017 and is uptrending. It has outperformed by 30.53% the S&P500. Some Historical JWN News: 17/05/2018 – NORDSTROM 1Q EPS 51C INCL. 6C DEBT REFINANCING CHARGE; 05/03/2018 – Nordstrom: Special Committee Reviewed Group’s Proposal and Determined Price Proposed Is Inadequate; 05/03/2018 – Nordstrom: Unless Group Can Improve Price It Is Proposing to Pay for Company, Special Committee Intends to Terminate Discussions; 05/03/2018 – NORDSTROM FAMILY:LEONARD GREEN WILLING TO COMMIT DEAL FINANCING; 05/03/2018 – Nordstrom: Special Committee Directed Advisers, Management Not to Provide Further Due Diligence Information to Group; 20/03/2018 – Nordstrom: Couldn’t Reach Agreement With Family Group on Acceptable Pric; 08/05/2018 – Nordstrom Board of Directors Approves Quarterly Dividend; 08/03/2018 – Nordstrom Buys Two Tech Companies to Bolster Digital Shopping; 20/03/2018 – NORDSTROM – SPECIAL COMMITTEE TERMINATED DISCUSSIONS BECAUSE IT COULD NOT REACH AGREEMENT WITH GROUP ON ACCEPTABLE PRICE FOR CO; 20/03/2018 – SPECIAL COMMITTEE OF NORDSTROM BOARD TERMINATES TALKS W/

Pdt Partners Llc increased its stake in Msa Safety Inc (MSA) by 19.83% based on its latest 2018Q2 regulatory filing with the SEC. Pdt Partners Llc bought 7,628 shares as the company’s stock rose 10.32% with the market. The hedge fund held 46,103 shares of the industrial specialties company at the end of 2018Q2, valued at $4.44M, up from 38,475 at the end of the previous reported quarter. Pdt Partners Llc who had been investing in Msa Safety Inc for a number of months, seems to be bullish on the $3.82 billion market cap company. The stock decreased 3.49% or $3.59 during the last trading session, reaching $99.36. About 184,653 shares traded or 18.80% up from the average. MSA Safety Incorporated (NYSE:MSA) has risen 45.19% since December 8, 2017 and is uptrending. It has outperformed by 29.57% the S&P500. Some Historical MSA News: 19/04/2018 – PRIMORIS SERVICES – 4 NEW MSA WITH MAJOR UTILITY CUSTOMERS WITH A 3-YEAR ANTICIPATED VALUE OF ABOUT $63 MLN; 23/05/2018 – Snipp Signs MSA With CLS Holdings USA, Inc., to Implement a Customer Retention and Management Platform Across Its Future Portfolio of Cannabis Dispenseries; 07/05/2018 – MSA BOOSTS QTRLY DIV TO 38C/SHR FROM 35C/SHR, BDVD EST. 37C; 07/05/2018 – MSA BOOSTS QTRLY DIV BY 9%; 15/05/2018 – MSA BOARD ELECTS NISHAN J. VARTANIAN CEO OF MSA SAFETY; WILLIAM; 07/05/2018 – S&PGR Report: US Cig & Tobacco Volume Declines’ Impact On MSA; 23/04/2018 – MSA SAFETY 1Q ADJ EPS $1.01, EST. 84C; 07/05/2018 – MSA Increases Quarterly Dividend By 9 Percent; 23/05/2018 – Snipp Signs MSA With CLS Holdings USA, Inc, to Implement a Customer Retention and Management Platform Across Its Future Portfolio of Dispensaries; 02/05/2018 – FTC: Global Concepts Ltd. Deceptively Advertised MSA 30X Amplifier Device to Consumers Nationwide

Investors sentiment increased to 1.31 in Q2 2018. Its up 0.20, from 1.11 in 2018Q1. It improved, as 19 investors sold MSA shares while 59 reduced holdings. 37 funds opened positions while 65 raised stakes. 26.69 million shares or 2.30% more from 26.09 million shares in 2018Q1 were reported. Proshare Advsr Limited Liability has invested 0.1% in MSA Safety Incorporated (NYSE:MSA). Thrivent Fincl For Lutherans reported 0% in MSA Safety Incorporated (NYSE:MSA). Profund Ltd Liability Corporation has invested 0.02% in MSA Safety Incorporated (NYSE:MSA). Employees Retirement Association Of Colorado stated it has 0% of its portfolio in MSA Safety Incorporated (NYSE:MSA). Vanguard Inc owns 3.40 million shares or 0.01% of their US portfolio. 80,590 are owned by Panagora Asset. California State Teachers Retirement holds 0.01% or 52,194 shares. Services Automobile Association accumulated 0% or 5,371 shares. Ancora Advisors Llc holds 0.01% of its portfolio in MSA Safety Incorporated (NYSE:MSA) for 3,000 shares. Ameriprise Finance holds 286,154 shares. Bancorporation Of Montreal Can holds 0% or 3,236 shares in its portfolio. 5,480 were accumulated by Ledyard Bancorporation. Texas Permanent School Fund owns 22,008 shares. Gabelli Funds reported 6,000 shares stake. Renaissance Technologies Ltd owns 73,100 shares.

Pdt Partners Llc, which manages about $4.99 billion and $2.63 billion US Long portfolio, decreased its stake in Installed Bldg Prods Inc (NYSE:IBP) by 17,411 shares to 40,013 shares, valued at $2.26M in 2018Q2, according to the filing. It also reduced its holding in Houghton Mifflin Harcourt Co (NASDAQ:HMHC) by 47,410 shares in the quarter, leaving it with 78,007 shares, and cut its stake in Workiva Inc.

Since June 5, 2018, it had 0 buys, and 7 insider sales for $14.19 million activity. Krause Kenneth D. sold $168,204 worth of stock or 1,572 shares. On Tuesday, June 5 the insider Killeen Randall sold $162,741. $335,687 worth of stock was sold by Blanco Steven C. Sr. on Friday, November 16. MCCLAINE DOUGLAS K sold $1.13 million worth of stock or 10,568 shares.

More notable recent MSA Safety Incorporated (NYSE:MSA) news were published by: Seekingalpha.com which released: “MSA Safety Isn’t Overvalued, Just Binary – Seeking Alpha” on June 12, 2018, also Benzinga.com with their article: “Safety First: Why Baird Upgraded MSA Safety (NYSE:MSA) Shares – Benzinga” published on February 22, 2018, Seekingalpha.com published: “Vector’s 10.5% Debt Offering Signals Trouble Ahead – Seeking Alpha” on November 20, 2018. More interesting news about MSA Safety Incorporated (NYSE:MSA) were released by: Seekingalpha.com and their article: “MSA Safety Inc’s (MSA) CEO Nishan Vartanian on Q2 2018 Results – Earnings Call Transcript – Seeking Alpha” published on July 26, 2018 as well as Seekingalpha.com‘s news article titled: “Dividend Champion Spotlight: MSA Safety Inc. – Seeking Alpha” with publication date: September 16, 2018.

Among 6 analysts covering MSA Safety Incorporated (NYSE:MSA), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. MSA Safety Incorporated had 20 analyst reports since July 24, 2015 according to SRatingsIntel. Stifel Nicolaus maintained the stock with “Buy” rating in Wednesday, June 28 report. The rating was downgraded by Global Hunter Securities on Friday, July 24 to “Neutral”. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, July 27 report. The stock of MSA Safety Incorporated (NYSE:MSA) has “Outperform” rating given on Friday, October 23 by Barrington Research. The company was maintained on Thursday, August 3 by Stifel Nicolaus. Stifel Nicolaus maintained it with “Buy” rating and $10000 target in Tuesday, April 24 report. The firm has “Buy” rating given on Tuesday, April 24 by Robert W. Baird. The stock has “Neutral” rating by Robert W. Baird on Friday, July 22. Robert W. Baird upgraded MSA Safety Incorporated (NYSE:MSA) on Monday, October 31 to “Outperform” rating. On Thursday, February 22 the stock rating was upgraded by Robert W. Baird to “Outperform”.

Since June 10, 2018, it had 0 insider buys, and 10 selling transactions for $32.86 million activity. Shares for $6.29 million were sold by NORDSTROM PETER E. On Monday, September 10 Deputy Christine sold $759,745 worth of Nordstrom, Inc. (NYSE:JWN) or 11,534 shares. $3.48M worth of Nordstrom, Inc. (NYSE:JWN) was sold by SARI ROBERT. Nordstrom James F JR had sold 37,880 shares worth $1.99M on Thursday, June 28. NORDSTROM BLAKE W had sold 127,251 shares worth $7.83 million on Thursday, September 20. The insider Worzel Ken sold $4.99M.

Restructuring Capital Associates Lp, which manages about $1.47 billion and $139.61 million US Long portfolio, upped its stake in Invesco Sr Income Tr (VVR) by 95,354 shares to 5.43 million shares, valued at $23.23 million in 2018Q2, according to the filing.

Investors sentiment decreased to 0.97 in Q2 2018. Its down 0.02, from 0.99 in 2018Q1. It dropped, as 46 investors sold JWN shares while 150 reduced holdings. 66 funds opened positions while 125 raised stakes. 87.57 million shares or 2.93% less from 90.21 million shares in 2018Q1 were reported. 59,844 are owned by Ontario Teachers Pension Plan Board. Korea Investment Corp has 98,566 shares. Dekabank Deutsche Girozentrale reported 19,952 shares. Aristotle Cap Mgmt Ltd invested in 0.01% or 24,733 shares. New York-based Bnp Paribas Arbitrage has invested 0% in Nordstrom, Inc. (NYSE:JWN). Logan Cap Management invested in 43,715 shares or 0.16% of the stock. Bokf Na has 0.19% invested in Nordstrom, Inc. (NYSE:JWN). Federated Pa owns 0% invested in Nordstrom, Inc. (NYSE:JWN) for 1,339 shares. Ruggie Cap Group owns 40 shares. The Japan-based Sumitomo Mitsui Tru Holdg has invested 0.02% in Nordstrom, Inc. (NYSE:JWN). Td Asset owns 33,892 shares or 0% of their US portfolio. Ledyard State Bank invested 0.02% of its portfolio in Nordstrom, Inc. (NYSE:JWN). Nwq Invest Mgmt Company Ltd Liability Corporation holds 0.01% or 5,657 shares. Cibc World Markets Corp has 0.01% invested in Nordstrom, Inc. (NYSE:JWN). Metropolitan Life Company New York stated it has 23,882 shares.

Analysts await Nordstrom, Inc. (NYSE:JWN) to report earnings on March, 7. They expect $1.47 EPS, up 22.50% or $0.27 from last year’s $1.2 per share. JWN’s profit will be $246.95M for 8.39 P/E if the $1.47 EPS becomes a reality. After $0.67 actual EPS reported by Nordstrom, Inc. for the previous quarter, Wall Street now forecasts 119.40% EPS growth.

Among 33 analysts covering Nordstrom Inc. (NYSE:JWN), 9 have Buy rating, 6 Sell and 18 Hold. Therefore 27% are positive. Nordstrom Inc. had 140 analyst reports since August 14, 2015 according to SRatingsIntel. The firm has “Buy” rating by UBS given on Friday, August 12. Stifel Nicolaus upgraded the stock to “Buy” rating in Tuesday, September 15 report. The rating was maintained by Citigroup with “Neutral” on Friday, August 12. Nomura maintained it with “Neutral” rating and $59 target in Friday, August 17 report. The stock has “Sell” rating by Northcoast on Monday, March 7. The rating was maintained by Telsey Advisory Group on Friday, February 19 with “Market Perform”. The stock has “Outperform” rating by KeyBanc Capital Markets on Friday, November 10. As per Friday, November 10, the company rating was maintained by Cowen & Co. The company was downgraded on Monday, March 21 by Piper Jaffray. The rating was downgraded by Morgan Stanley to “Underweight” on Thursday, January 7.

More notable recent Nordstrom, Inc. (NYSE:JWN) news were published by: Seekingalpha.com which released: “Investors bid down retail stocks – Seeking Alpha” on November 15, 2018, also Fool.com with their article: “Why Nordstrom, Gogo, and Williams-Sonoma Slumped Today – The Motley Fool” published on November 16, 2018, Benzinga.com published: “Analysts Take Rain Check On Nordstrom After ‘Eh’ Q3 Report (NYSE:JWN) – Benzinga” on November 16, 2018. More interesting news about Nordstrom, Inc. (NYSE:JWN) were released by: Fool.com and their article: “Why Nordstrom Inc. Stock Plunged Today – The Motley Fool” published on November 16, 2018 as well as Fool.com‘s news article titled: “Is Macy’s an Undervalued Dividend Stock? – The Motley Fool” with publication date: November 16, 2018.

Nordstrom, Inc. (NYSE:JWN) Institutional Positions Chart

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