Lombard Odier Asset Management Switzerland Sa Position in Nordstrom (JWN) Cut by $1.57 Million as Shares Declined; As Kellogg Co (K) Share Price Declined, State Farm Mutual Automobile Insurance Company Cut Holding

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Lombard Odier Asset Management Switzerland Sa decreased its stake in Nordstrom Inc (JWN) by 42.38% based on its latest 2019Q1 regulatory filing with the SEC. Lombard Odier Asset Management Switzerland Sa sold 35,725 shares as the company’s stock declined 17.94% . The institutional investor held 48,564 shares of the consumer services company at the end of 2019Q1, valued at $2.16M, down from 84,289 at the end of the previous reported quarter. Lombard Odier Asset Management Switzerland Sa who had been investing in Nordstrom Inc for a number of months, seems to be less bullish one the $3.92B market cap company. The stock decreased 2.57% or $0.67 during the last trading session, reaching $25.35. About 6.41M shares traded or 43.26% up from the average. Nordstrom, Inc. (NYSE:JWN) has declined 36.92% since August 16, 2018 and is downtrending. It has underperformed by 36.92% the S&P500. Some Historical JWN News: 19/04/2018 – NORDSTROM- GRANT MIX CHANGE RESULTED, IN PART, FROM COMMITTEE’S DELIBERATIONS AFTER NORDSTROM FAMILY GROUP SAID EXPLORING POTENTIAL GOING PRIVATE DEAL; 17/05/2018 – NORDSTROM INC – SEES 2018 EBIT $895 TO $940 MLN; 17/05/2018 – NORDSTROM INC QTRLY NET SALES $3,469 MLN VS $3,279 MLN; 19/04/2018 – Pay for Piloting Nordstrom; 05/03/2018 – NORDSTROM COMMITTEE: DISCUSSIONS TO END UNLESS PRICE IMPROVED; 21/03/2018 – Nordstrom Talks Break Down, Next Move Unclear; 08/03/2018 – NORDSTROM REPORTS INVESTMENTS IN DIGITAL TECHNOLOGY; 12/03/2018 – NORDSTROM INC JWN.N : CREDIT SUISSE STARTS WITH NEUTRAL RATING; $54 TARGET PRICE; 01/05/2018 – AMC, Nordstrom Rack, Ulta Beauty Added to The Vineyards at Porter Ranch; 16/05/2018 – Nordstrom Inc expected to post earnings of 43 cents a share – Earnings Preview

State Farm Mutual Automobile Insurance Company decreased its stake in Kellogg Co (K) by 7.23% based on its latest 2019Q1 regulatory filing with the SEC. State Farm Mutual Automobile Insurance Company sold 310,233 shares as the company’s stock declined 1.97% . The institutional investor held 3.98M shares of the packaged foods company at the end of 2019Q1, valued at $228.29M, down from 4.29 million at the end of the previous reported quarter. State Farm Mutual Automobile Insurance Company who had been investing in Kellogg Co for a number of months, seems to be less bullish one the $21.64B market cap company. The stock increased 3.20% or $1.97 during the last trading session, reaching $63.52. About 3.63M shares traded or 42.17% up from the average. Kellogg Company (NYSE:K) has declined 18.38% since August 16, 2018 and is downtrending. It has underperformed by 18.38% the S&P500. Some Historical K News: 03/05/2018 – KELLOGG CO – ANNOUNCES INCREASED INVESTMENT IN WEST AFRICAN BUSINESSES; 03/05/2018 – KELLOGG EARNINGS CALL ENDS; 06/03/2018 – Kellogg Company Celebrates International Women’s Day; 08/03/2018 – CrainsDetroitBus: Kellogg’s snack-bar startup sees peanut butter as growth; 16/05/2018 – VENEZUELA STATE GOVERNOR SAYS REACTIVATING KELLOGG PLANT AFTER COMPANY PULLED OUT CITING ECONOMIC CRISIS K.N; 27/04/2018 – Kellogg to Increase Qtrly Div by 4% to 56c in 3Q; 03/05/2018 – Cereal maker Kellogg’s sales rise 5 pct, top estimates; 03/05/2018 – KELLOGG EARNINGS CALL BEGINS; 15/05/2018 – Chosun Ilbo: Kellogg Pulls out of Crisis-Hit Venezuela; 03/05/2018 – Kellogg tops profit estimates, makes west Africa investment

Investors sentiment decreased to 0.87 in Q1 2019. Its down 0.02, from 0.89 in 2018Q4. It dropped, as 54 investors sold JWN shares while 150 reduced holdings. 50 funds opened positions while 128 raised stakes. 91.49 million shares or 7.62% less from 99.03 million shares in 2018Q4 were reported. Cullen Frost Bankers owns 2,251 shares. Campbell Invest Adviser Ltd Liability reported 6,908 shares. Invesco Limited stated it has 1.44M shares. Grandfield & Dodd Ltd Liability has invested 0.32% in Nordstrom, Inc. (NYSE:JWN). Fifth Third Financial Bank invested in 0% or 1,189 shares. Birinyi Associates reported 7,750 shares or 0.15% of all its holdings. Dubuque Bank & Co owns 120,290 shares. Evergreen Cap Management Ltd Limited Liability Company stated it has 0.8% in Nordstrom, Inc. (NYSE:JWN). Nordea Investment Mngmt reported 7,105 shares. Creative Planning holds 0% of its portfolio in Nordstrom, Inc. (NYSE:JWN) for 15,944 shares. Aristotle Cap Mngmt Llc invested in 0.01% or 22,733 shares. Lombard Odier Asset Management (Switzerland) reported 48,564 shares stake. Bluemountain Mngmt Ltd Liability stated it has 77,816 shares or 0.04% of all its holdings. Aperio Group Lc has 82,210 shares for 0.02% of their portfolio. Riverhead Cap Mgmt Llc holds 5,551 shares.

More notable recent Nordstrom, Inc. (NYSE:JWN) news were published by: Finance.Yahoo.com which released: “Is Nordstrom, Inc. (NYSE:JWN) A High Quality Stock To Own? – Yahoo Finance” on June 12, 2019, also Finance.Yahoo.com with their article: “Is Nordstrom, Inc.’s (NYSE:JWN) 20% ROCE Any Good? – Yahoo Finance” published on April 24, 2019, Fool.com published: “3 Stocks That Are Absurdly Cheap Right Now – Motley Fool” on August 09, 2019. More interesting news about Nordstrom, Inc. (NYSE:JWN) were released by: Schaeffersresearch.com and their article: “Nordstrom Stock Explores New Lows After Bear Note – Schaeffers Research” published on August 15, 2019 as well as Seekingalpha.com‘s news article titled: “Department store sector rattled by soft Macy’s guidance – Seeking Alpha” with publication date: August 14, 2019.

Analysts await Nordstrom, Inc. (NYSE:JWN) to report earnings on August, 21 after the close. They expect $0.80 EPS, down 15.79% or $0.15 from last year’s $0.95 per share. JWN’s profit will be $123.71 million for 7.92 P/E if the $0.80 EPS becomes a reality. After $0.23 actual EPS reported by Nordstrom, Inc. for the previous quarter, Wall Street now forecasts 247.83% EPS growth.

Lombard Odier Asset Management Switzerland Sa, which manages about $985.61 million US Long portfolio, upped its stake in Dowdupont Inc by 8,276 shares to 18,458 shares, valued at $984,000 in 2019Q1, according to the filing. It also increased its holding in Verizon Communications Inc (NYSE:VZ) by 38,898 shares in the quarter, for a total of 136,631 shares, and has risen its stake in Amazon Com Inc (NASDAQ:AMZN).

Investors sentiment increased to 1 in 2019 Q1. Its up 0.21, from 0.79 in 2018Q4. It increased, as 49 investors sold K shares while 186 reduced holdings. 65 funds opened positions while 171 raised stakes. 288.44 million shares or 0.49% less from 289.87 million shares in 2018Q4 were reported. Utah Retirement stated it has 46,883 shares or 0.05% of all its holdings. Godsey & Gibb Associates invested 0.13% in Kellogg Company (NYSE:K). Kornitzer Cap Management Ks holds 0.27% of its portfolio in Kellogg Company (NYSE:K) for 260,135 shares. Fiduciary Tru has invested 0.01% in Kellogg Company (NYSE:K). Cranbrook Wealth Mgmt Limited Com holds 0% or 152 shares. Trustmark Financial Bank Trust Department invested 0.06% of its portfolio in Kellogg Company (NYSE:K). Cleararc Capital holds 0.07% or 6,089 shares in its portfolio. Cetera Advisor Limited Liability stated it has 6,083 shares or 0.01% of all its holdings. Amica Retiree Trust invested in 0.09% or 1,687 shares. New York-based Morgan Stanley has invested 0.01% in Kellogg Company (NYSE:K). 8,800 are owned by Ledyard National Bank & Trust. The Florida-based Voloridge Inv Ltd Co has invested 0.01% in Kellogg Company (NYSE:K). Cambridge Inv Rech Advsr holds 0.04% of its portfolio in Kellogg Company (NYSE:K) for 77,133 shares. Commerzbank Aktiengesellschaft Fi has 127,113 shares for 0.07% of their portfolio. Mason Street Advsr Limited Liability Corp accumulated 35,814 shares.

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

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