Webster Financial (WBS) Reaches $55.47 Formed H&S; Spectrum Brands Holdings, Inc. (SPB) Had 13 Bulls

Webster Financial Corporation (NYSE:WBS) Logo

Among 14 analysts covering Spectrum Brands (NYSE:SPB), 13 have Buy rating, 0 Sell and 1 Hold. Therefore 93% are positive. Spectrum Brands had 48 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Buy” rating by Jefferies given on Thursday, July 6. BMO Capital Markets maintained the shares of SPB in report on Tuesday, February 13 with “Buy” rating. The company was maintained on Thursday, August 20 by RBC Capital Markets. Jefferies maintained the stock with “Buy” rating in Wednesday, January 3 report. Piperjaffray initiated Spectrum Brands Holdings, Inc. (NYSE:SPB) rating on Thursday, September 1. Piperjaffray has “Overweight” rating and $147 target. Jefferies maintained Spectrum Brands Holdings, Inc. (NYSE:SPB) on Thursday, January 25 with “Buy” rating. RBC Capital Markets maintained the stock with “Buy” rating in Thursday, October 12 report. The firm has “Outperform” rating given on Friday, July 28 by BMO Capital Markets. The firm has “Buy” rating given on Friday, April 29 by Monness Crespi. The rating was maintained by RBC Capital Markets with “Buy” on Friday, May 26. See Spectrum Brands Holdings, Inc. (NYSE:SPB) latest ratings:

11/03/2018 Broker: Wells Fargo Rating: Buy New Target: $120.0 Maintain
15/02/2018 Broker: Oppenheimer Rating: Buy New Target: $167.0 Maintain
13/02/2018 Broker: BMO Capital Markets Rating: Buy New Target: $125.0 Maintain
09/02/2018 Broker: Deutsche Bank Old Rating: Buy New Rating: Buy Old Target: $3.93 New Target: $4.49 Maintain
25/01/2018 Broker: Jefferies Rating: Buy New Target: $149.0 Maintain
16/01/2018 Broker: KeyBanc Capital Markets Rating: Buy New Target: $140.0 Maintain
03/01/2018 Broker: Jefferies Rating: Buy New Target: $140.0 Maintain
16/11/2017 Broker: BMO Capital Markets Rating: Buy New Target: $132.0 Maintain
17/11/2017 Broker: KeyBanc Capital Markets Rating: Buy New Target: $130.0 Maintain
17/11/2017 Broker: Bank of America Rating: Neutral Old Target: $113 New Target: $116 Maintain

Webster Financial Corporation (WBS) formed H&S with $51.59 target or 7.00% below today’s $55.47 share price. Webster Financial Corporation (WBS) has $5.11B valuation. The stock decreased 1.67% or $0.94 during the last trading session, reaching $55.47. About 259,630 shares traded. Webster Financial Corporation (NYSE:WBS) has risen 10.54% since April 15, 2017 and is uptrending. It has underperformed by 1.01% the S&P500.

Spectrum Brands Holdings, Inc. manufactures, markets, and/or distributes consumer products worldwide. The company has market cap of $5.43 billion. It operates through five divisions: Global Batteries & Appliances, Hardware & Home Improvement, Global Pet Supplies, Home and Garden, and Global Auto Care. It has a 14.66 P/E ratio. The firm offers batteries; battery-powered portable lighting products; small kitchen and home appliances; personal care products; hinges; security, garage door, and window hardware products; floor protection products; residential lockset and door hardware products; commercial door, lock, and hardware products; and plumbing products.

Investors sentiment increased to 1.06 in 2017 Q4. Its up 0.26, from 0.8 in 2017Q3. It increased, as 31 investors sold Spectrum Brands Holdings, Inc. shares while 80 reduced holdings. 49 funds opened positions while 69 raised stakes. 27.10 million shares or 0.50% less from 27.23 million shares in 2017Q3 were reported. Tributary Cap Mngmt invested 0.1% in Spectrum Brands Holdings, Inc. (NYSE:SPB). Chemical Bank & Trust holds 3,386 shares or 0.04% of its portfolio. New York-based Clearline Cap Lp has invested 6.12% in Spectrum Brands Holdings, Inc. (NYSE:SPB). London Of Virginia has 0.4% invested in Spectrum Brands Holdings, Inc. (NYSE:SPB) for 484,903 shares. Bb&T Llc reported 0.02% in Spectrum Brands Holdings, Inc. (NYSE:SPB). Montag A & Assocs has invested 0.34% in Spectrum Brands Holdings, Inc. (NYSE:SPB). Deutsche National Bank & Trust Ag invested 0.02% in Spectrum Brands Holdings, Inc. (NYSE:SPB). Laurion Capital Mngmt L P holds 0% in Spectrum Brands Holdings, Inc. (NYSE:SPB) or 2,200 shares. Omers Administration invested in 12,800 shares or 0.01% of the stock. Amp Investors Limited reported 7,326 shares. Pacad Limited owns 0.07% invested in Spectrum Brands Holdings, Inc. (NYSE:SPB) for 2,600 shares. Panagora Asset Mgmt stated it has 0.01% in Spectrum Brands Holdings, Inc. (NYSE:SPB). Moreover, Cornerstone Mgmt Ltd Limited Liability Company has 0% invested in Spectrum Brands Holdings, Inc. (NYSE:SPB). Ftb Advsrs Incorporated, a Tennessee-based fund reported 33,684 shares. Public Employees Retirement Association Of Colorado accumulated 78,572 shares or 0.06% of the stock.

The stock increased 0.06% or $0.06 during the last trading session, reaching $98.06. About 335,045 shares traded. Spectrum Brands Holdings, Inc. (NYSE:SPB) has declined 35.80% since April 15, 2017 and is downtrending. It has underperformed by 47.35% the S&P500.

Investors sentiment increased to 1.16 in 2017 Q4. Its up 0.20, from 0.96 in 2017Q3. It improved, as 18 investors sold Webster Financial Corporation shares while 75 reduced holdings. 26 funds opened positions while 82 raised stakes. 85.11 million shares or 0.62% more from 84.59 million shares in 2017Q3 were reported. Private Advisor Group Inc Ltd Liability Corporation invested in 5,656 shares or 0.01% of the stock. Moreover, Verition Fund Mgmt has 0.08% invested in Webster Financial Corporation (NYSE:WBS). Geode Cap Mngmt Limited Com invested in 775,576 shares or 0.01% of the stock. Regions Financial invested 0% of its portfolio in Webster Financial Corporation (NYSE:WBS). Alpine Woods Invsts Ltd Liability Com invested in 4,000 shares. Sei Invs Company invested in 0% or 16,474 shares. Frontier Capital Mgmt Co Lc holds 0.99% or 2.41 million shares in its portfolio. Elk Creek Ptnrs Limited Company holds 0.25% of its portfolio in Webster Financial Corporation (NYSE:WBS) for 76,346 shares. Retirement Of Alabama stated it has 119,059 shares or 0.03% of all its holdings. Northwestern Mutual Wealth Com invested in 50 shares. Mason Street Advsrs owns 0.06% invested in Webster Financial Corporation (NYSE:WBS) for 45,362 shares. Oppenheimer Asset Mngmt holds 25,525 shares or 0.04% of its portfolio. Sterling Limited Liability Corporation reported 558,251 shares. Acadian Asset Management Ltd Limited Liability Company holds 0% or 601 shares. First Midwest Commercial Bank Tru Division holds 0.07% or 9,693 shares.

Among 19 analysts covering Webster Financial (NYSE:WBS), 8 have Buy rating, 1 Sell and 10 Hold. Therefore 42% are positive. Webster Financial has $75.0 highest and $35 lowest target. $53.24’s average target is -4.02% below currents $55.47 stock price. Webster Financial had 55 analyst reports since July 20, 2015 according to SRatingsIntel. On Thursday, July 13 the stock rating was maintained by Piper Jaffray with “Sell”. The firm earned “Overweight” rating on Wednesday, January 24 by JP Morgan. The stock has “Sell” rating by Zacks on Tuesday, September 1. Jefferies maintained the shares of WBS in report on Friday, August 11 with “Hold” rating. As per Wednesday, November 16, the company rating was downgraded by Piper Jaffray. The firm earned “Mkt Perform” rating on Monday, January 25 by FBR Capital. The rating was maintained by Morgan Stanley on Friday, January 26 with “Underweight”. The stock of Webster Financial Corporation (NYSE:WBS) earned “Hold” rating by Piper Jaffray on Tuesday, January 23. On Wednesday, November 8 the stock rating was maintained by Deutsche Bank with “Hold”. The rating was downgraded by Wells Fargo to “Market Perform” on Monday, November 14.

Since October 24, 2017, it had 0 insider buys, and 7 selling transactions for $1.91 million activity. On Tuesday, October 24 CRAWFORD JOHN JOSEPH sold $631,435 worth of Webster Financial Corporation (NYSE:WBS) or 11,516 shares. BECKER JOEL S had sold 5,064 shares worth $274,565. BLEY DANIEL also sold $169,974 worth of Webster Financial Corporation (NYSE:WBS) shares. $500,220 worth of Webster Financial Corporation (NYSE:WBS) shares were sold by SMITH JAMES COPENHAVER. Pettie Mark sold $185,415 worth of stock or 3,291 shares.

Webster Financial Corporation (NYSE:WBS) Institutional Positions Chart