Hgk Asset Management Has Raised Newell Rubbermaid I (NWL) Holding; Catchmark Timber Trust (CTT) Sentiment Is 2.5

May 25, 2018 - By reb123z

Newell Brands Inc. (NYSE:NWL) Logo

Hgk Asset Management Inc increased Newell Rubbermaid I (NWL) stake by 59.37% reported in 2017Q4 SEC filing. Hgk Asset Management Inc acquired 141,225 shares as Newell Rubbermaid I (NWL)’s stock declined 17.87%. The Hgk Asset Management Inc holds 379,092 shares with $11.71 million value, up from 237,867 last quarter. Newell Rubbermaid I now has $12.26 billion valuation. The stock increased 0.52% or $0.13 during the last trading session, reaching $25.24. About 1.76M shares traded. Newell Brands Inc. (NYSE:NWL) has declined 47.20% since May 25, 2017 and is downtrending. It has underperformed by 58.75% the S&P500.

Catchmark Timber Trust Inc (CTT) investors sentiment increased to 2.5 in 2017 Q4. It’s up 1.13, from 1.37 in 2017Q3. The ratio has increased, as 85 funds started new and increased equity positions, while 34 sold and reduced their stock positions in Catchmark Timber Trust Inc. The funds in our database now hold: 30.58 million shares, up from 26.90 million shares in 2017Q3. Also, the number of funds holding Catchmark Timber Trust Inc in top ten equity positions was flat from 0 to 0 for the same number . Sold All: 11 Reduced: 23 Increased: 56 New Position: 29.

Among 20 analysts covering Newell Rubbermaid Inc. (NYSE:NWL), 9 have Buy rating, 0 Sell and 11 Hold. Therefore 45% are positive. Newell Rubbermaid Inc. had 66 analyst reports since August 4, 2015 according to SRatingsIntel. JP Morgan downgraded the shares of NWL in report on Thursday, November 2 to “Neutral” rating. The stock of Newell Brands Inc. (NYSE:NWL) earned “Buy” rating by Wells Fargo on Monday, April 23. The firm has “Hold” rating by BMO Capital Markets given on Friday, August 4. The firm has “Buy” rating by Jefferies given on Friday, August 4. The company was downgraded on Tuesday, December 15 by Raymond James. Jefferies maintained the shares of NWL in report on Tuesday, October 17 with “Hold” rating. Sterne Agee CRT initiated the stock with “Buy” rating in Tuesday, July 21 report. The firm has “Hold” rating by Jefferies given on Thursday, September 14. The firm has “Buy” rating given on Friday, September 8 by Forward View Consulting. Forward View Consulting maintained the shares of NWL in report on Sunday, November 5 with “Buy” rating.

Investors sentiment decreased to 0.72 in 2017 Q4. Its down 0.39, from 1.11 in 2017Q3. It turned negative, as 122 investors sold NWL shares while 201 reduced holdings. 75 funds opened positions while 158 raised stakes. 431.52 million shares or 2.56% less from 442.84 million shares in 2017Q3 were reported. Rothschild Corp Il owns 7,130 shares. Putnam stated it has 7,163 shares. State Board Of Administration Of Florida Retirement System holds 0.05% of its portfolio in Newell Brands Inc. (NYSE:NWL) for 663,575 shares. Strs Ohio holds 216,991 shares. Toronto Dominion Bancorporation owns 220,043 shares. Liberty Mutual Grp Asset Management reported 19,533 shares. Fjarde Ap reported 139,538 shares. 18,999 are held by Phocas Finance. Dnb Asset Management As has 0.02% invested in Newell Brands Inc. (NYSE:NWL) for 51,153 shares. Kentucky Retirement Tru Fund holds 13,015 shares. Invesco Ltd owns 0.08% invested in Newell Brands Inc. (NYSE:NWL) for 7.62M shares. Cannell Peter B has 0.03% invested in Newell Brands Inc. (NYSE:NWL) for 26,775 shares. Jennison Ltd Llc has 0.09% invested in Newell Brands Inc. (NYSE:NWL) for 3.10M shares. Credit Suisse Ag holds 0.11% or 3.97 million shares in its portfolio. Capital Intll Sarl owns 71,015 shares for 0.21% of their portfolio.

More notable recent Newell Brands Inc. (NYSE:NWL) news were published by: Seekingalpha.com which released: “$5.5 Billion Might Push Newell Higher” on May 22, 2018, also Seekingalpha.com with their article: “Newell Brands: It’s Peace For Our Time” published on May 17, 2018, Seekingalpha.com published: “Newell Brands Valuation Shows Potential In Turnaround” on May 01, 2018. More interesting news about Newell Brands Inc. (NYSE:NWL) were released by: Seekingalpha.com and their article: “Tracking Carl Icahn’s Portfolio – Q1 2018 Update” published on May 21, 2018 as well as Seekingalpha.com‘s news article titled: “Newell Brands +4.35% post Q1 results” with publication date: May 04, 2018.

Hgk Asset Management Inc decreased Comcast Corp. (Cl A (NASDAQ:CMCSA) stake by 8,390 shares to 296,140 valued at $11.86 million in 2017Q4. It also reduced Berkshire Hathaway (BRKB) stake by 3,065 shares and now owns 71,624 shares. Cisco Systems Inc. (NASDAQ:CSCO) was reduced too.

Since May 18, 2018, it had 2 insider purchases, and 0 selling transactions for $132,790 activity. Craigie James also bought $26,670 worth of Newell Brands Inc. (NYSE:NWL) on Friday, May 18. TODMAN MICHAEL bought $106,120 worth of stock.

Analysts await CatchMark Timber Trust, Inc. (NYSE:CTT) to report earnings on August, 2. They expect $-0.06 EPS, 0.00% or $0.00 from last year’s $-0.06 per share. After $-0.08 actual EPS reported by CatchMark Timber Trust, Inc. for the previous quarter, Wall Street now forecasts -25.00% EPS growth.

The stock decreased 0.15% or $0.02 during the last trading session, reaching $13.01. About 43,302 shares traded. CatchMark Timber Trust, Inc. (CTT) has risen 12.13% since May 25, 2017 and is uptrending. It has outperformed by 0.58% the S&P500.

More important recent CatchMark Timber Trust, Inc. (NYSE:CTT) news were published by: Seekingalpha.com which released: “CatchMark (CTT) Triple T Timberlands Acquisition – Slideshow” on May 15, 2018, also Seekingalpha.com published article titled: “CatchMark Timber’s (CTT) CEO Jerry Barag on Q1 2018 Results – Earnings Call Transcript”, Prnewswire.com published: “CatchMark Led Partnership Agrees to $1.39 Billion Acquisition of 1.1 Million Acres of Prime East Texas Timberlands …” on May 14, 2018. More interesting news about CatchMark Timber Trust, Inc. (NYSE:CTT) was released by: Bizjournals.com and their article: “Atlanta company buying 1 million acres of timberland for $1.39 billion” with publication date: May 15, 2018.

CatchMark Timber Trust, Inc., a real estate investment trust , focuses on the acquisition of timberland properties in the United States. The company has market cap of $638.82 million. It intends to acquire timberland properties throughout the timber-producing regions of the United States and, to a lesser extent, in timber-producing regions outside the United States. It currently has negative earnings. The firm intends to qualify as a REIT under the Internal Revenue Code of 1986.

Real Estate Management Services Llc holds 1.09% of its portfolio in CatchMark Timber Trust, Inc. for 357,900 shares. Vertex One Asset Management Inc. owns 482,690 shares or 1.08% of their US portfolio. Moreover, Deprince Race & Zollo Inc has 0.95% invested in the company for 3.25 million shares. The Maryland-based Investment Counselors Of Maryland Llc has invested 0.93% in the stock. Impax Asset Management Llc, a New Hampshire-based fund reported 1.12 million shares.

Newell Brands Inc. (NYSE:NWL) Institutional Positions Chart

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