Newell Brands (NWL) Stock Price Rose While Jacobs & Co Increased Position by $776,580; As Mplx LP Limited Partners (MPLX) Stock Value Declined, Holder Fort Washington Investment Advisors Has Cut by $1.03 Million Its Position

February 16, 2018 - By Ellis Scott

Jacobs & Co increased its stake in Newell Brands Inc (NWL) by 19.51% based on its latest 2017Q3 regulatory filing with the SEC. Jacobs & Co bought 18,490 shares as the company’s stock rose 13.21% with the market. The institutional investor held 113,255 shares of the plastic products company at the end of 2017Q3, valued at $4.83M, up from 94,765 at the end of the previous reported quarter. Jacobs & Co who had been investing in Newell Brands Inc for a number of months, seems to be bullish on the $13.18B market cap company. The stock decreased 2.68% or $0.74 during the last trading session, reaching $26.9. About 2.12M shares traded. Newell Brands Inc. (NYSE:NWL) has risen 11.94% since February 16, 2017 and is uptrending. It has underperformed by 4.76% the S&P500.

Fort Washington Investment Advisors Inc decreased its stake in Mplx Lp Limited Partners (MPLX) by 6.04% based on its latest 2017Q3 regulatory filing with the SEC. Fort Washington Investment Advisors Inc sold 29,286 shares as the company’s stock declined 7.56% while stock markets rallied. The hedge fund held 455,964 shares of the natural gas distribution company at the end of 2017Q3, valued at $15.96 million, down from 485,250 at the end of the previous reported quarter. Fort Washington Investment Advisors Inc who had been investing in Mplx Lp Limited Partners for a number of months, seems to be less bullish one the $28.71B market cap company. The stock decreased 0.43% or $0.155 during the last trading session, reaching $35.695. About 186,803 shares traded. MPLX LP (NYSE:MPLX) has risen 11.48% since February 16, 2017 and is uptrending. It has underperformed by 5.22% the S&P500.

Jacobs & Co, which manages about $521.56 million and $531.91M US Long portfolio, decreased its stake in Boeing (NYSE:BA) by 1,247 shares to 54,909 shares, valued at $13.96M in 2017Q3, according to the filing.

Investors sentiment increased to 1.11 in Q3 2017. Its up 0.17, from 0.94 in 2017Q2. It increased, as 71 investors sold NWL shares while 188 reduced holdings. 70 funds opened positions while 217 raised stakes. 442.84 million shares or 0.35% more from 441.31 million shares in 2017Q2 were reported. Blackrock holds 0.07% of its portfolio in Newell Brands Inc. (NYSE:NWL) for 30.99 million shares. Thompson Siegel And Walmsley Ltd Liability Company, Virginia-based fund reported 354 shares. Mufg Americas Hldgs Corp accumulated 0% or 507 shares. Gemmer Asset Limited Liability Com has invested 0.01% in Newell Brands Inc. (NYSE:NWL). 426,419 were reported by Sei Invs. Moreover, Prudential Fincl has 0.05% invested in Newell Brands Inc. (NYSE:NWL). Moreover, Piedmont Investment Advisors Ltd has 0.01% invested in Newell Brands Inc. (NYSE:NWL) for 11,458 shares. The Kansas-based Waddell & Reed Fincl has invested 0.26% in Newell Brands Inc. (NYSE:NWL). Da Davidson And invested 0.01% of its portfolio in Newell Brands Inc. (NYSE:NWL). 11,097 are owned by Ameritas Inv Ptnrs Inc. 391,335 are owned by Jane Street Limited Liability. Moreover, Panagora Asset Mgmt has 0.01% invested in Newell Brands Inc. (NYSE:NWL). Lbmc Invest Ltd Liability invested in 0.06% or 7,465 shares. Cetera Advisors Llc has invested 0.01% of its portfolio in Newell Brands Inc. (NYSE:NWL). 32,758 were reported by Lpl Financial Ltd.

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 59 analyst reports since August 4, 2015 according to SRatingsIntel. The stock has “Buy” rating by Sterne Agee CRT on Tuesday, July 21. The firm has “Buy” rating given on Thursday, July 6 by Jefferies. The firm earned “Buy” rating on Monday, May 2 by UBS. The stock has “Buy” rating by Forward View Consulting on Monday, August 7. As per Monday, October 16, the company rating was maintained by KeyBanc Capital Markets. The firm has “Buy” rating given on Thursday, June 8 by RBC Capital Markets. Forward View Consulting maintained it with “Buy” rating and $58.0 target in Friday, September 8 report. The company was downgraded on Monday, September 11 by Jefferies. On Friday, November 3 the stock rating was maintained by Citigroup with “Buy”. Jefferies initiated Newell Brands Inc. (NYSE:NWL) on Monday, September 28 with “Buy” rating.

Investors sentiment decreased to 1.04 in Q3 2017. Its down 0.22, from 1.26 in 2017Q2. It dropped, as 26 investors sold MPLX shares while 79 reduced holdings. 15 funds opened positions while 94 raised stakes. 258.81 million shares or 4.21% more from 248.36 million shares in 2017Q2 were reported. Freestone Capital Limited Liability Company holds 161,835 shares or 0.4% of its portfolio. Wesbanco Commercial Bank invested 0.01% in MPLX LP (NYSE:MPLX). King Luther Management has 12,317 shares for 0% of their portfolio. Royal Bancorp Of Canada holds 0.01% of its portfolio in MPLX LP (NYSE:MPLX) for 389,998 shares. Advisory Ser Llc accumulated 0.04% or 9,464 shares. Raymond James And Associate reported 338,144 shares or 0.02% of all its holdings. Neuberger Berman Ltd Liability Co accumulated 2.97M shares. Quinn Opportunity Prtnrs Ltd Liability holds 8,753 shares. 45,617 were accumulated by Bollard Gp Lc. Trust Of Vermont reported 0% in MPLX LP (NYSE:MPLX). Naples Global Advsrs Ltd Com stated it has 10,300 shares. Segment Wealth Limited Company stated it has 0.11% in MPLX LP (NYSE:MPLX). Fiera Cap, a Quebec – Canada-based fund reported 10,042 shares. Sg Americas Ltd Liability Corp reported 83,880 shares. Stifel Fin Corporation holds 0.02% of its portfolio in MPLX LP (NYSE:MPLX) for 135,591 shares.

Since September 13, 2017, it had 0 insider buys, and 2 selling transactions for $247,258 activity. Floerke Gregory Scott had sold 2,000 shares worth $74,000 on Monday, December 11.

Among 20 analysts covering MPLX LP (NYSE:MPLX), 15 have Buy rating, 0 Sell and 5 Hold. Therefore 75% are positive. MPLX LP had 59 analyst reports since October 20, 2015 according to SRatingsIntel. As per Friday, February 2, the company rating was maintained by Mizuho. The rating was maintained by Jefferies with “Buy” on Monday, August 28. The stock of MPLX LP (NYSE:MPLX) earned “Hold” rating by Guggenheim on Monday, December 18. RBC Capital Markets initiated MPLX LP (NYSE:MPLX) on Monday, May 2 with “Outperform” rating. Stifel Nicolaus maintained it with “Buy” rating and $42.0 target in Monday, September 4 report. The company was maintained on Monday, October 9 by RBC Capital Markets. The firm has “Buy” rating by Goldman Sachs given on Friday, February 19. On Thursday, December 8 the stock rating was upgraded by Evercore to “Buy”. On Friday, September 9 the stock rating was initiated by FBR Capital with “Mkt Perform”. The stock has “Hold” rating by Jefferies on Tuesday, August 23.

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