The Insider and Co-President of Nordstrom, Inc. (JWN), Erik Nordstrom, Sold 3,379 Shares; Tortoise Power & Energy Infrastructure Fund Has 1.4 Sentiment

Nordstrom, Inc. (NYSE:JWN) Logo

Tortoise Power & Energy Infrastructure Fund Inc (TPZ) investors sentiment decreased to 1.4 in 2018 Q1. It’s down -0.27, from 1.67 in 2017Q4. The ratio is negative, as 14 institutional investors increased or opened new stock positions, while 10 cut down and sold holdings in Tortoise Power & Energy Infrastructure Fund Inc. The institutional investors in our database now have: 1.61 million shares, down from 1.64 million shares in 2017Q4. Also, the number of institutional investors holding Tortoise Power & Energy Infrastructure Fund Inc in top ten stock positions was flat from 0 to 0 for the same number . Sold All: 1 Reduced: 9 Increased: 9 New Position: 5.

Boulegeris Investments Inc. holds 1.01% of its portfolio in Tortoise Power and Energy Infrastructure Fund, Inc. for 102,900 shares. Thomas J. Herzfeld Advisors Inc. owns 78,207 shares or 0.54% of their US portfolio. Moreover, Advisors Asset Management Inc. has 0.08% invested in the company for 235,904 shares. The Texas-based Mcgowan Group Asset Management Inc. has invested 0.07% in the stock. Ingalls & Snyder Llc, a New York-based fund reported 43,466 shares.

The stock increased 0.52% or $0.1 during the last trading session, reaching $19.15. About 621 shares traded. Tortoise Power and Energy Infrastructure Fund, Inc. (TPZ) has 0.00% since June 13, 2017 and is . It has underperformed by 12.57% the S&P500.

Investors sentiment increased to 0.99 in 2018 Q1. Its up 0.03, from 0.96 in 2017Q4. It is positive, as 35 investors sold Nordstrom, Inc. shares while 158 reduced holdings. 69 funds opened positions while 123 raised stakes. 90.21 million shares or 2.31% less from 92.34 million shares in 2017Q4 were reported. Capital Fund Management Sa invested in 161,133 shares. Smithfield Tru holds 0.02% or 3,500 shares in its portfolio. Oppenheimer And Company invested 0.06% of its portfolio in Nordstrom, Inc. (NYSE:JWN). Birinyi Assoc invested 0.11% in Nordstrom, Inc. (NYSE:JWN). Lourd Limited Liability Com holds 46,887 shares or 0.31% of its portfolio. Old Second National Bank & Trust Of Aurora reported 0.01% in Nordstrom, Inc. (NYSE:JWN). Moreover, Louisiana State Employees Retirement System has 0.02% invested in Nordstrom, Inc. (NYSE:JWN) for 7,100 shares. 1.77 million were accumulated by Northern Tru. Broadview Limited Liability Company holds 1.11% or 140,450 shares in its portfolio. Grimes reported 89,605 shares or 0.42% of all its holdings. Focused Wealth Mgmt accumulated 0.01% or 426 shares. Benjamin F Edwards And accumulated 3,662 shares. Oppenheimer Asset Mgmt accumulated 15,139 shares or 0.02% of the stock. Rmb Cap Mgmt Limited Liability holds 0.11% of its portfolio in Nordstrom, Inc. (NYSE:JWN) for 89,588 shares. Brighton Jones Ltd Liability Corporation has invested 0.12% of its portfolio in Nordstrom, Inc. (NYSE:JWN).

Nordstrom, Inc., a fashion specialty retailer, provides apparel, shoes, cosmetics, and accessories for women, men, young adults, and children in the United States and Canada. The company has market cap of $8.93 billion. It operates through two divisions, Retail and Credit. It has a 20.56 P/E ratio. The Retail segment offers a range of brand name and private label merchandise through various channels, including Nordstrom branded full-line stores and online store at Nordstrom.com; Nordstrom Rack stores; Nordstromrack.com and HauteLook; Trunk Club clubhouses and TrunkClub.com; Jeffrey boutiques; and clearance stores that operate under the Last Chance name.

The stock increased 0.59% or $0.31 during the last trading session, reaching $53.24. About 47,084 shares traded. Nordstrom, Inc. (NYSE:JWN) has risen 17.06% since June 13, 2017 and is uptrending. It has outperformed by 4.49% the S&P500. Some Historical JWN News: ; 20/03/2018 – Nordstrom is not ‘the everything store’ – it wants to win with high-quality brands; 17/05/2018 – Nordstrom Racked by Macy’s Good Numbers — Heard on the Street; 17/05/2018 – Nordstrom’s quarterly sales beat estimates; 20/03/2018 – CNBC Now: BREAKING: Nordstrom terminates talks with Nordstrom family to take the company private; 05/03/2018 – Nordstrom rejects founding family’s takeover offer; 05/03/2018 – NORDSTROM FAMILY:LEONARD GREEN WILLING TO COMMIT DEAL FINANCING; 22/03/2018 – Nordstrom Family Leaves Buyout Door Open, Slightly; 17/05/2018 – Nordstrom Sees FY2018 EPS $3.35-$3.55, Excluding Effect of Any Future Repurchase; 05/03/2018 – Nordstrom Board Rejects Family’s “Inadequate” Buyout Proposal; 17/05/2018 – NORDSTROM INC – SEES 2018 EARNINGS PER DILUTED SHARE (EXCLUDING IMPACT OF ANY FUTURE SHARE REPURCHASES) $3.35 TO $3.55

Since April 11, 2018, it had 0 insider buys, and 12 insider sales for $2.74 million activity. Worzel Ken sold $25,142 worth of stock or 537 shares. $398,140 worth of Nordstrom, Inc. (NYSE:JWN) was sold by Deputy Christine on Thursday, April 12. Meden Scott A sold $509,300 worth of stock.

Nordstrom Inc’s Co-President, Erik Nordstrom, made a sale of 3,379 shares of stock in the firm. The average price paid by Erik Nordstrom was $53.0, for total sale worth of $179,087 US Dollars. This sale, which was filled on 12/06/2018 was revealed in a document with the Washington-based SEC. Erik Nordstrom now indirectly holds 91302 shares. He also directly holds 2523467 shares. In total he holds a stake of 1.56%.

Among 31 analysts covering Nordstrom Inc. (NYSE:JWN), 7 have Buy rating, 6 Sell and 18 Hold. Therefore 23% are positive. Nordstrom Inc. has $92 highest and $34 lowest target. $49.23’s average target is -7.53% below currents $53.24 stock price. Nordstrom Inc. had 119 analyst reports since August 14, 2015 according to SRatingsIntel. The stock of Nordstrom, Inc. (NYSE:JWN) earned “Hold” rating by Susquehanna on Tuesday, January 23. The firm has “Hold” rating given on Monday, October 31 by Deutsche Bank. Susquehanna maintained Nordstrom, Inc. (NYSE:JWN) rating on Wednesday, March 21. Susquehanna has “Hold” rating and $45.0 target. The company was maintained on Friday, January 19 by Cowen & Co. Piper Jaffray maintained it with “Hold” rating and $48.0 target in Thursday, March 1 report. The stock of Nordstrom, Inc. (NYSE:JWN) has “Hold” rating given on Wednesday, September 13 by Gordon Haskett. The rating was maintained by Deutsche Bank on Tuesday, January 5 with “Buy”. Gordon Haskett initiated Nordstrom, Inc. (NYSE:JWN) rating on Tuesday, May 9. Gordon Haskett has “Accumulate” rating and $54 target. The rating was maintained by BMO Capital Markets on Monday, March 5 with “Market Perform”. Piper Jaffray maintained Nordstrom, Inc. (NYSE:JWN) on Thursday, September 14 with “Hold” rating.

Analysts await Nordstrom, Inc. (NYSE:JWN) to report earnings on August, 9. They expect $0.81 EPS, up 24.62% or $0.16 from last year’s $0.65 per share. JWN’s profit will be $135.92M for 16.43 P/E if the $0.81 EPS becomes a reality. After $0.51 actual EPS reported by Nordstrom, Inc. for the previous quarter, Wall Street now forecasts 58.82% EPS growth.

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