Oregon Public Employees Retirement Fund increased its stake in shares of Nordstrom, Inc. (NYSE:JWN) by 0.8% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 39,940 shares of the specialty retailer’s stock after buying an additional 300 shares during the period. Oregon Public Employees Retirement Fund’s holdings in Nordstrom were worth $1,910,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. First Trust Advisors LP boosted its position in shares of Nordstrom by 72.8% in the first quarter. First Trust Advisors LP now owns 264,500 shares of the specialty retailer’s stock valued at $12,318,000 after buying an additional 111,458 shares during the period. Boston Private Wealth LLC acquired a new position in shares of Nordstrom during the first quarter valued at $492,000. Moreno Evelyn V raised its position in shares of Nordstrom by 6.9% in the first quarter. Moreno Evelyn V now owns 91,875 shares of the specialty retailer’s stock valued at $4,279,000 after buying an additional 5,970 shares in the last quarter. Scopus Asset Management L.P. raised its position in shares of Nordstrom by 50.0% in the first quarter. Scopus Asset Management L.P. now owns 600,000 shares of the specialty retailer’s stock valued at $27,942,000 after buying an additional 200,000 shares in the last quarter. Finally, Toronto Dominion Bank raised its position in shares of Nordstrom by 53.4% in the first quarter. Toronto Dominion Bank now owns 30,914 shares of the specialty retailer’s stock valued at $1,440,000 after buying an additional 10,764 shares in the last quarter. 64.36% of the stock is owned by institutional investors and hedge funds.

Nordstrom, Inc. (NYSE:JWN) traded up 1.45% on Monday, reaching $47.49. The company had a trading volume of 1,731,435 shares. The stock has a market capitalization of $7.89 billion, a PE ratio of 22.23 and a beta of 0.83. Nordstrom, Inc. has a 52-week low of $39.05 and a 52-week high of $62.82. The stock has a 50 day moving average price of $47.44 and a 200 day moving average price of $45.41.

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Several brokerages recently weighed in on JWN. Piper Jaffray Companies set a $42.00 price target on Nordstrom and gave the company a “hold” rating in a research note on Tuesday, July 25th. Vetr lowered Nordstrom from a “sell” rating to a “strong sell” rating and set a $41.54 price target for the company. in a research note on Monday, July 17th. J P Morgan Chase & Co restated an “underweight” rating and issued a $48.00 price target on shares of Nordstrom in a research note on Friday, July 14th. Royal Bank Of Canada set a $45.00 price target on Nordstrom and gave the company a “hold” rating in a research note on Monday, June 19th. Finally, Credit Suisse Group restated a “neutral” rating and issued a $52.00 price target on shares of Nordstrom in a research note on Monday, June 12th. Five research analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and five have assigned a buy rating to the company. Nordstrom presently has an average rating of “Hold” and a consensus target price of $47.23.

About Nordstrom

Nordstrom, Inc is a fashion specialty retailer in the United States. The Company’s segments include Retail and Credit. As of March 20, 2017, the Company operated 344 the United States stores located in 40 states as well as an e-commerce business. The Company also offers its customers a variety of payment products and services, including credit and debit cards.

Institutional Ownership by Quarter for Nordstrom (NYSE:JWN)

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