Carl Icahn disclosed a 6.86% stake in Newell Brands Inc. (NYSE:NWL)

Marco Green
March 19, 2018

Its up 0.17, from 0.94 in 2017Q2. It increased, as 71 investors sold NWL shares while 188 reduced holdings. The company reported $0.68 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.67 by $0.01. Associated Banc holds 409,071 shares or 0.96% of its portfolio. About 85,211 shares traded. 592,758 were accumulated by Ivory Investment Management Limited Liability Com.

Shares of Newell Brands (NYSE NWL) opened at $28.66 on Friday.

Newell said in January that it planned to retreat from a debt-fueled acquisition spree and sell brands that account for about half of its customer base. (NYSE:NWL). Mackenzie Fincl Corporation holds 0.01% or 58,800 shares in its portfolio. Bankshares Of Nova Scotia Tru Co has 1,000 shares for 0% of their portfolio. Employees Retirement Of Ohio reported 206,145 shares stake. Axa has invested 0.06% in Newell Brands Inc. (NYSE:TWX) to report earnings on May, 2.

Newell Brands Inc notes that the agreement between it and Carl Icahn will include having the company's Finance Committee oversee its transformation plan. Access it here: 000092846418000018. Franklin Resources Inc. now owns 7,716,072 shares of the company's stock worth $238,427,000 after acquiring an additional 4,949,143 shares in the last quarter. Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $27.00 target price on shares of Newell Brands in a report on Tuesday, February 20th. Date of activity: March 13, 2018. Newell Brands presently has a consensus rating of "Hold" and a consensus target price of $34.61.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 15th. 586.69 million shares or 2.23% less from 600.08 million shares in 2017Q2 were reported. The Reporting Persons have met with representatives of the Issuer's management and intend to engage in discussions with representatives of the Issuer's management and board of directors regarding ways to enhance shareholder value, including asset sales, capital structure optimization and possible board representation. The Reporting Persons do not have any agreements, understandings or arrangements with either the Issuer or Starboard and are continuing to assess Starboard's proxy contest.

"Management clearly expected to lose to Starboard and welcomed Icahn to save them", he added. Although there is clearly no easy short-term fix for the Issuer, we believe there is an important role for our brand of activism.

Filings show 519 investors own Newell Brands Inc. Van Strum & Towne owns 2,420 shares. This is increased by 10747596. The Japan-based Nippon Life Company has invested 0.06% in Time Warner Inc. MUFG Americas Holdings Corp raised its stake in shares of Newell Brands by 566.7% in the 4th quarter.

11 investors had the stock in their top 10. (NYSE:TWX). Pinnacle Wealth Advisory Grp Ltd Limited Liability Company invested 0.16% of its portfolio in Time Warner Inc. LYLES LESTER L sold $1.15M worth of stock or 5,210 shares. J Goldman And LP owns 560,000 shares or 2.89% of their USA portfolio. Hartford Mgmt reported 105,277 shares stake. The NY Incline Global Management Llc owns 1625134 shares. Newell Brands's payout ratio is now 16.34%.

Among the initiatives included in this plan are optimizing the company's portfolio to focus on brands with attractive margins, driving operational efficiency and simplifying operations, improving financial flexibility and capitalizing on Newell's scale to drive market share gains through innovation, e-commerce and worldwide deployment. (NYSE:NWL) to report earnings on May, 14. Annual EPS Growth of past 5 years is -5.50%. The stock decreased 0.36% or $0.8 during the last trading session, reaching $221.94. 17,427,416 shares of the stock were exchanged, compared to its average volume of 8,873,223. Newell Brands had a net margin of 18.65% and a return on equity of 10.47%.

Newell Brands Inc. designs, manufactures, sources, and distributes consumer and commercial products worldwide.

Newell Brands Inc is a marketer of consumer and commercial products. Therefore 45% are positive. Vetr's price target points to a potential upside of 1.19% from the stock's current price. Time Warner Inc. had 123 analyst reports since August 6, 2015 according to SRatingsIntel. KeyBanc Capital Markets maintained Newell Brands Inc. (NYSE:NWL) has "Buy" rating given on Tuesday, July 21 by Sterne Agee CRT. JP Morgan downgraded Newell Brands Inc. Some of the properties were considered key to the company's future just a few years ago. Deutsche Bank maintained the stock with "Hold" rating in Tuesday, February 20 report. Citigroup maintained the stock with "Buy" rating in Friday, November 3 report. Sterne Agee CRT initiated Newell Brands Inc. (NYSE:TWX) on Monday, September 25 with "Hold" rating.

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