Associated Banc-Corp Has Trimmed Its Holding in Newell Brands (NWL) by $616,860; As Versartis (VSAR) Market Valuation Declined, Sabby Management Upped by $571,600 Its Stake

Newell Brands Inc. (NYSE:NWL) Logo

Hal Mintz increased its stake in Versartis Inc (VSAR) by 40.41% based on its latest 2017Q4 regulatory filing with the SEC. Sabby Management Llc bought 285,800 shares as the company’s stock declined 21.95% with the market. The hedge fund run by Hal Mintz held 993,100 shares of the health care company at the end of 2017Q4, valued at $2.19 million, up from 707,300 at the end of the previous reported quarter. Sabby Management Llc who had been investing in Versartis Inc for a number of months, seems to be bullish on the $55.91 million market cap company. It closed at $1.55 lastly. It is down 92.45% since April 28, 2017 and is downtrending. It has underperformed by 104.00% the S&P500.

Associated Banc-Corp decreased its stake in Newell Brands Inc (NWL) by 5.03% based on its latest 2017Q4 regulatory filing with the SEC. Associated Banc-Corp sold 20,562 shares as the company’s stock declined 17.87% with the market. The institutional investor held 388,509 shares of the plastic products company at the end of 2017Q4, valued at $12.01M, down from 409,071 at the end of the previous reported quarter. Associated Banc-Corp who had been investing in Newell Brands Inc for a number of months, seems to be less bullish one the $13.47B market cap company. The stock increased 2.89% or $0.78 during the last trading session, reaching $27.74. About 5.16M shares traded. Newell Brands Inc. (NYSE:NWL) has declined 47.20% since April 28, 2017 and is downtrending. It has underperformed by 58.75% the S&P500.

Since March 23, 2018, it had 0 insider purchases, and 2 insider sales for $15,128 activity. 4,854 shares valued at $7,524 were sold by Stout Jay S on Tuesday, April 24.

Among 12 analysts covering Versartis Inc (NASDAQ:VSAR), 5 have Buy rating, 1 Sell and 6 Hold. Therefore 42% are positive. Versartis Inc had 27 analyst reports since August 13, 2015 according to SRatingsIntel. The stock has “Outperform” rating by Credit Suisse on Tuesday, December 20. As per Thursday, December 17, the company rating was downgraded by Credit Suisse. The firm has “Buy” rating given on Friday, December 2 by SunTrust. The rating was initiated by Northland Capital on Thursday, April 7 with “Outperform”. The stock has “Overweight” rating by Piper Jaffray on Tuesday, October 4. Barclays Capital downgraded Versartis, Inc. (NASDAQ:VSAR) on Friday, September 22 to “Underweight” rating. The stock of Versartis, Inc. (NASDAQ:VSAR) has “Buy” rating given on Thursday, August 11 by Citigroup. Canaccord Genuity maintained the stock with “Buy” rating in Monday, September 21 report. PiperJaffray downgraded the shares of VSAR in report on Friday, September 22 to “Neutral” rating. Morgan Stanley maintained it with “Equal-Weight” rating and $3 target in Friday, September 22 report.

Investors sentiment decreased to 0.51 in 2017 Q4. Its down 0.78, from 1.29 in 2017Q3. It dived, as 30 investors sold VSAR shares while 33 reduced holdings. 16 funds opened positions while 16 raised stakes. 17.05 million shares or 1.12% more from 16.86 million shares in 2017Q3 were reported. 207,051 were reported by Tiaa Cref Mngmt Ltd Com. Rhumbline Advisers has invested 0% in Versartis, Inc. (NASDAQ:VSAR). Jacobs Levy Equity Management holds 0% of its portfolio in Versartis, Inc. (NASDAQ:VSAR) for 60,262 shares. Bb&T Securities Limited Liability reported 19,900 shares or 0% of all its holdings. 358,074 are owned by Northern Trust Corp. Gsa Cap Prtnrs Llp stated it has 87,600 shares. Meeder Asset Incorporated stated it has 0% in Versartis, Inc. (NASDAQ:VSAR). Citigroup stated it has 0% in Versartis, Inc. (NASDAQ:VSAR). Goldman Sachs Gru holds 0% or 295,902 shares. Invesco has invested 0% in Versartis, Inc. (NASDAQ:VSAR). Dimensional Fund Advsrs Limited Partnership stated it has 0% of its portfolio in Versartis, Inc. (NASDAQ:VSAR). Strs Ohio stated it has 0% in Versartis, Inc. (NASDAQ:VSAR). Baker Bros Advsr LP accumulated 1.43 million shares or 0.03% of the stock. State Of Wisconsin Investment Board reported 24,000 shares. Bogle Inv Management LP De, a Massachusetts-based fund reported 55,120 shares.

Sabby Management Llc, which manages about $835.79 million and $1.08 billion US Long portfolio, decreased its stake in Fibrogen Inc (Call) by 1,109 shares to 275 shares, valued at $1.30 million in 2017Q4, according to the filing. It also reduced its holding in Sage Therapeutics Inc (Call) by 352 shares in the quarter, leaving it with 350 shares, and cut its stake in Oncobiologics Inc.

Associated Banc-Corp, which manages about $1.85 billion US Long portfolio, upped its stake in Allergan Plc by 6,516 shares to 61,094 shares, valued at $9.99 million in 2017Q4, according to the filing. It also increased its holding in Enterprise Prods Partners L (NYSE:EPD) by 57,045 shares in the quarter, for a total of 222,782 shares, and has risen its stake in Pepsico Inc (NYSE:PEP).

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. The firm has “Hold” rating given on Monday, November 6 by BMO Capital Markets. The firm has “Equal-Weight” rating given on Monday, February 12 by Morgan Stanley. As per Tuesday, December 15, the company rating was upgraded by Piper Jaffray. The firm earned “Buy” rating on Monday, September 28 by Jefferies. The company was maintained on Thursday, June 8 by RBC Capital Markets. JP Morgan maintained the stock with “Neutral” rating in Tuesday, February 20 report. The stock of Newell Brands Inc. (NYSE:NWL) has “Sector Perform” rating given on Friday, January 26 by RBC Capital Markets. KeyBanc Capital Markets maintained it with “Buy” rating and $32.0 target in Sunday, January 28 report. The firm earned “Perform” rating on Friday, February 12 by Oppenheimer. The stock of Newell Brands Inc. (NYSE:NWL) earned “Buy” rating by Wells Fargo on Monday, April 23.

Analysts await Newell Brands Inc. (NYSE:NWL) to report earnings on May, 14. They expect $0.27 earnings per share, down 20.59% or $0.07 from last year’s $0.34 per share. NWL’s profit will be $131.13 million for 25.69 P/E if the $0.27 EPS becomes a reality. After $0.68 actual earnings per share reported by Newell Brands Inc. for the previous quarter, Wall Street now forecasts -60.29% negative EPS growth.

Investors sentiment decreased to 0.72 in Q4 2017. Its down 0.39, from 1.11 in 2017Q3. It worsened, 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. Thrivent For Lutherans reported 521,979 shares. North Star Invest Management Corporation accumulated 220 shares or 0% of the stock. Congress Asset Mngmt Ma has 0.06% invested in Newell Brands Inc. (NYSE:NWL) for 125,001 shares. Art Advsrs Lc owns 33,289 shares. Glenview Cap Mgmt Lc reported 17.01M shares. Becker Cap Mngmt owns 1.28 million shares. Crystal Rock Cap Management reported 1.9% of its portfolio in Newell Brands Inc. (NYSE:NWL). Amalgamated Natl Bank invested in 61,379 shares or 0.05% of the stock. Avalon Advisors Ltd Liability Com invested in 9,557 shares. State Of Tennessee Treasury Department holds 0.04% in Newell Brands Inc. (NYSE:NWL) or 264,881 shares. Utah Retirement, a Utah-based fund reported 90,566 shares. Gabelli Funds Ltd Limited Liability Company accumulated 66,852 shares. Segall Bryant Hamill has invested 0.05% in Newell Brands Inc. (NYSE:NWL). City Holdings Communication holds 157 shares or 0% of its portfolio. Canada Pension Plan Board reported 0% of its portfolio in Newell Brands Inc. (NYSE:NWL).

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