Baker Ellis Asset Management Has Lowered Nordstrom (JWN) Position; Intercontinentalexchange (ICE)’s Sentiment Is 11.77

July 14, 2017 - By Louis Casey

Baker Ellis Asset Management Llc decreased Nordstrom Inc. (JWN) stake by 24.14% reported in 2016Q4 SEC filing. Baker Ellis Asset Management Llc sold 25,225 shares as Nordstrom Inc. (JWN)’s stock declined 10.77%. The Baker Ellis Asset Management Llc holds 79,280 shares with $3.80M value, down from 104,505 last quarter. Nordstrom Inc. now has $7.89 billion valuation. The stock increased 1.54% or $0.72 during the last trading session, reaching $47.33. About shares traded. Nordstrom, Inc. (NYSE:JWN) has risen 9.86% since July 14, 2016 and is uptrending. It has underperformed by 6.84% the S&P500.

Intercontinental Exchange, Inc. is an operator of regulated exchanges, clearing houses and listings venues. The company has market cap of $39.87 billion. The Firm provides data services for commodity and financial markets. It has a 25.75 P/E ratio. The Company’s divisions include Trading and Clearing segment, and Data and Listings segment.

Investors sentiment decreased to 0.81 in 2016 Q4. Its down 0.09, from 0.9 in 2016Q3. It turned negative, as 68 investors sold JWN shares while 187 reduced holdings. 80 funds opened positions while 127 raised stakes. 95.24 million shares or 7.81% less from 103.31 million shares in 2016Q3 were reported. Nationwide Fund accumulated 271,468 shares or 0.05% of the stock. Delta Lloyd Nv owns 0.03% invested in Nordstrom, Inc. (NYSE:JWN) for 18,845 shares. Sei Com invested in 2,449 shares or 0% of the stock. Anderson Hoagland And owns 0.41% invested in Nordstrom, Inc. (NYSE:JWN) for 14,590 shares. Marshall Wace Limited Liability Partnership stated it has 0.04% in Nordstrom, Inc. (NYSE:JWN). North Star Invest Mgmt has invested 0.01% in Nordstrom, Inc. (NYSE:JWN). 32,767 are held by Walleye Trading Ltd. Keating Investment Counselors has 2.3% invested in Nordstrom, Inc. (NYSE:JWN) for 101,845 shares. Ray Gerald L And Ltd has 0.06% invested in Nordstrom, Inc. (NYSE:JWN) for 8,300 shares. Ubs Asset Management Americas stated it has 0.03% of its portfolio in Nordstrom, Inc. (NYSE:JWN). Utah Retirement Sys reported 22,479 shares. Amica Retiree Med Tru holds 0.04% or 930 shares. Ariel Invests Ltd Co reported 857,949 shares. Moreover, Cwm Limited Liability Company has 0% invested in Nordstrom, Inc. (NYSE:JWN) for 28 shares. Marshall Sullivan Inc Wa has 1.26% invested in Nordstrom, Inc. (NYSE:JWN) for 21,652 shares.

Since February 24, 2017, it had 0 insider buys, and 7 sales for $957,330 activity. The insider NORDSTROM BLAKE W sold 3,169 shares worth $138,808. NORDSTROM PETER E sold $92,837 worth of stock or 1,981 shares. $348,940 worth of stock was sold by LITTLE DANIEL F on Monday, April 3.

Among 26 analysts covering Nordstrom Inc. (NYSE:JWN), 9 have Buy rating, 5 Sell and 12 Hold. Therefore 35% are positive. Nordstrom Inc. had 76 analyst reports since August 14, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Tuesday, November 17 by UBS. Piper Jaffray maintained Nordstrom, Inc. (NYSE:JWN) on Friday, August 14 with “Buy” rating. The firm has “Sell” rating by Goldman Sachs given on Thursday, February 2. The firm has “Market Perform” rating given on Friday, February 19 by Telsey Advisory Group. The stock of Nordstrom, Inc. (NYSE:JWN) has “Hold” rating given on Monday, May 15 by Nomura. Goldman Sachs maintained it with “Neutral” rating and $44 target in Friday, August 12 report. The stock has “Underperform” rating by Wolfe Research on Friday, May 13. RBC Capital Markets maintained the shares of JWN in report on Monday, February 27 with “Outperform” rating. The firm earned “Neutral” rating on Friday, August 14 by Macquarie Research. The stock of Nordstrom, Inc. (NYSE:JWN) has “Buy” rating given on Friday, May 5 by Maxim Group.

The stock increased 1.53% or $1.01 during the last trading session, reaching $66.88. About shares traded. Intercontinental Exchange Inc (ICE) has risen 13.80% since July 14, 2016 and is uptrending. It has underperformed by 2.90% the S&P500.

Analysts await Intercontinental Exchange Inc (NYSE:ICE) to report earnings on August, 2. They expect $0.75 EPS, up 8.70% or $0.06 from last year’s $0.69 per share. ICE’s profit will be $447.11M for 22.29 P/E if the $0.75 EPS becomes a reality. After $0.74 actual EPS reported by Intercontinental Exchange Inc for the previous quarter, Wall Street now forecasts 1.35% EPS growth.

Aeris Capital Holding Gmbh holds 9% of its portfolio in Intercontinental Exchange Inc for 487,150 shares. Cortland Associates Inc Mo owns 612,044 shares or 7.01% of their US portfolio. Moreover, Junto Capital Management Lp has 6.19% invested in the company for 1.00 million shares. The France-based Carmignac Gestion has invested 5.85% in the stock. Meritage Group Lp, a California-based fund reported 3.46 million shares.