Nuveen Real Asset Income and Growth Fund (JRI) Forms $16.24 Double Bottom; Iconix Brand Group, Inc. (ICON) Covered By 1 Bulls

April 23, 2018 - By Shannon Black

Iconix Brand Group, Inc. (NASDAQ:ICON) Logo

Among 9 analysts covering Iconix Brand Group (NASDAQ:ICON), 1 have Buy rating, 0 Sell and 8 Hold. Therefore 11% are positive. Iconix Brand Group had 21 analyst reports since August 7, 2015 according to SRatingsIntel. Brean Capital downgraded the stock to “Hold” rating in Friday, November 6 report. The stock has “Neutral” rating by Roth Capital on Tuesday, October 31. The rating was maintained by Roth Capital on Thursday, March 15 with “Hold”. The firm has “” rating given on Friday, August 7 by Nomura. As per Thursday, February 15, the company rating was maintained by Roth Capital. The firm earned “Neutral” rating on Friday, November 6 by Monness Crespi & Hardt. As per Friday, August 7, the company rating was downgraded by Wunderlich. The rating was initiated by Sidoti with “Hold” on Tuesday, September 19. Cowen & Co maintained the stock with “Hold” rating in Monday, August 14 report. On Wednesday, August 9 the stock rating was maintained by Roth Capital with “Buy”. See Iconix Brand Group, Inc. (NASDAQ:ICON) latest ratings:

16/03/2018 Broker: Guggenheim Rating: Hold
15/03/2018 Broker: Roth Capital Rating: Hold New Target: $1.5 Maintain
15/02/2018 Broker: Roth Capital Rating: Hold New Target: $1.75 Maintain
06/12/2017 Broker: Roth Capital Rating: Hold New Target: $1.5 Maintain
30/10/2017 Broker: FBR Capital Rating: Hold New Target: $4.0 Downgrade
31/10/2017 Broker: Roth Capital Old Rating: Buy New Rating: Neutral Downgrade

Nuveen Real Asset Income and Growth Fund (JRI) formed double bottom with $14.94 target or 8.00% below today’s $16.24 share price. Nuveen Real Asset Income and Growth Fund (JRI) has $ valuation. The stock increased 0.19% or $0.03 during the last trading session, reaching $16.24. About 47,945 shares traded. Nuveen Real Asset Income and Growth Fund (NYSE:JRI) has declined 4.94% since April 23, 2017 and is downtrending. It has underperformed by 16.49% the S&P500.

Investors sentiment decreased to 1.4 in 2017 Q4. Its down 12.60, from 14 in 2017Q3. It worsened, as 5 investors sold Nuveen Real Asset Income and Growth Fund shares while 15 reduced holdings. 14 funds opened positions while 14 raised stakes. 4.90 million shares or 50.81% less from 9.96 million shares in 2017Q3 were reported. Lpl Lc owns 0.01% invested in Nuveen Real Asset Income and Growth Fund (NYSE:JRI) for 98,651 shares. Sei Invests accumulated 2,000 shares. First Foundation Advisors has invested 0.2% in Nuveen Real Asset Income and Growth Fund (NYSE:JRI). Carroll Fin Associate Incorporated accumulated 224 shares or 0% of the stock. Stratos Wealth Ptnrs holds 1,389 shares or 0% of its portfolio. Dubuque State Bank And Trust holds 0.73% or 269,058 shares. Thompson Siegel And Walmsley owns 650 shares. Windsor Limited Liability Company owns 35,867 shares or 0.3% of their US portfolio. Blue Bell Private Wealth Limited Com holds 0.05% or 6,440 shares in its portfolio. Wells Fargo And Mn owns 534,596 shares. First Trust Advisors L P, Illinois-based fund reported 39,603 shares. Moreover, Cornerstone Incorporated has 0.4% invested in Nuveen Real Asset Income and Growth Fund (NYSE:JRI). Tower Limited (Trc), a New York-based fund reported 100 shares. Cordasco Fincl Net invested in 665 shares or 0.01% of the stock. Advisory Svcs Net Limited has invested 0.03% in Nuveen Real Asset Income and Growth Fund (NYSE:JRI).

The stock decreased 6.14% or $0.06 during the last trading session, reaching $0.91. About 810,746 shares traded. Iconix Brand Group, Inc. (NASDAQ:ICON) has declined 83.62% since April 23, 2017 and is downtrending. It has underperformed by 95.17% the S&P500.

Iconix Brand Group, Inc., a brand management company, owns, licenses, and markets a portfolio of consumer brands across the womenÂ’s, menÂ’s, entertainment, and home industries in the United States and internationally. The company has market cap of $58.04 million. The companyÂ’s brand portfolio includes Candie's, Bongo, Joe Boxer, Rampage, Mudd, Mossimo, London Fog, Ocean Pacific/OP, Danskin/Danskin Now, Rocawear/ Roc Nation, Cannon, Royal Velvet, Fieldcrest, Charisma, Starter, Waverly, Zoo York, Umbro, Lee Cooper, Ecko Unltd/Mark Ecko Cut & Sew, Strawberry Shortcake, and Artful Dodger brands. It currently has negative earnings. It also owns interests in the Material Girl, Peanuts, Ed Hardy, Truth or Dare, Modern Amusement, Buffalo, Nick Graham, Hydraulic, and Pony Brands.

Investors sentiment decreased to 0.52 in 2017 Q4. Its down 0.40, from 0.92 in 2017Q3. It fall, as 45 investors sold Iconix Brand Group, Inc. shares while 34 reduced holdings. 23 funds opened positions while 18 raised stakes. 38.84 million shares or 19.63% less from 48.32 million shares in 2017Q3 were reported. California State Teachers Retirement holds 0% or 80,645 shares in its portfolio. Jefferies Group Limited reported 209,200 shares. State Board Of Administration Of Florida Retirement System holds 40,670 shares or 0% of its portfolio. Vanguard has 3.74M shares. Northern Tru, Illinois-based fund reported 613,184 shares. Verition Fund Mgmt Limited Liability Com reported 39,481 shares stake. Bancshares Of Mellon accumulated 931,482 shares. Sei holds 34 shares. Smith Graham And Limited Partnership has 0.25% invested in Iconix Brand Group, Inc. (NASDAQ:ICON). Ing Groep Nv holds 350,000 shares or 0.01% of its portfolio. Los Angeles Mgmt And Equity Rech Incorporated stated it has 0% of its portfolio in Iconix Brand Group, Inc. (NASDAQ:ICON). Deutsche Fincl Bank Ag accumulated 125,026 shares or 0% of the stock. Public Employees Retirement System Of Ohio invested in 31,339 shares. 4,281 were reported by Royal Bancorporation Of Canada. Parallax Volatility Advisers Limited Partnership invested in 7,644 shares or 0% of the stock.

Iconix Brand Group, Inc. (NASDAQ:ICON) Institutional Positions Chart