Were Analysts Bearish Nelnet, Inc. (NYSE:NNI) This Week?

March 14, 2018 - By Maria Brooks

 Were Analysts Bearish Nelnet, Inc. (NYSE:NNI) This Week?
Investors sentiment decreased to 0.86 in Q3 2017. Its down 0.01, from 0.87 in 2017Q2. It is negative, as 10 investors sold Nelnet, Inc. shares while 41 reduced holdings. 11 funds opened positions while 33 raised stakes. 15.98 million shares or 5.39% less from 16.90 million shares in 2017Q2 were reported.
Susquehanna Grp Limited Liability Partnership reported 19,062 shares stake. Aqr Limited Liability Company accumulated 0.01% or 109,444 shares. Dimensional Fund Advsrs L P holds 0.05% or 2.32 million shares in its portfolio. Jefferies Group Ltd Liability Corp reported 0% in Nelnet, Inc. (NYSE:NNI). Zebra Mngmt Limited Liability Company has invested 0.94% of its portfolio in Nelnet, Inc. (NYSE:NNI). Bnp Paribas Arbitrage Sa owns 3,510 shares. Dreman Value L L C reported 6,877 shares. Alliancebernstein Ltd Partnership holds 0% of its portfolio in Nelnet, Inc. (NYSE:NNI) for 90,727 shares. General Invsts Communication Inc accumulated 1.87% or 390,000 shares. Tower Llc (Trc) reported 2,283 shares. 1.07 million are held by Boston Prtn. Spark Invest Management Ltd has 0.06% invested in Nelnet, Inc. (NYSE:NNI) for 22,300 shares. Jpmorgan Chase & Company reported 243,900 shares or 0% of all its holdings. Farmers & Merchants Invests holds 6.54% of its portfolio in Nelnet, Inc. (NYSE:NNI) for 1.64 million shares. 15,684 were accumulated by Manufacturers Life Insurance The.

Since September 19, 2017, it had 0 insider buys, and 6 selling transactions for $526,060 activity. Munn William J sold 1,000 shares worth $50,000.

Nelnet, Inc. (NYSE:NNI) Ratings Coverage

Among 2 analysts covering Nelnet (NYSE:NNI), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Nelnet had 10 analyst reports since August 7, 2015 according to SRatingsIntel. As per Tuesday, February 6, the company rating was maintained by Compass Point. Credit Suisse maintained it with “Neutral” rating and $55 target in Friday, October 20 report. Compass Point downgraded Nelnet, Inc. (NYSE:NNI) on Wednesday, August 9 to “Neutral” rating. As per Monday, November 9, the company rating was maintained by Compass Point. The rating was downgraded by Credit Suisse on Monday, November 14 to “Neutral”. Compass Point upgraded the stock to “Buy” rating in Thursday, October 19 report. Credit Suisse maintained the shares of NNI in report on Friday, August 7 with “Outperform” rating. On Friday, August 7 the stock rating was maintained by Compass Point with “Buy”. Below is a list of Nelnet, Inc. (NYSE:NNI) latest ratings and price target changes.

06/02/2018 Broker: Compass Point Rating: Buy New Target: $60.0 Maintain
20/10/2017 Broker: Credit Suisse Rating: Neutral Old Target: $50 New Target: $55 Maintain
19/10/2017 Broker: Compass Point Rating: Buy Upgrade

The stock decreased 1.13% or $0.62 during the last trading session, reaching $54.25. About 41,886 shares traded. Nelnet, Inc. (NYSE:NNI) has risen 13.42% since March 14, 2017 and is uptrending. It has underperformed by 3.28% the S&P500.

Nelnet, Inc. provides education related services and products, and student loan asset management services in the United States and internationally. The company has market cap of $2.21 billion. The companyÂ’s Loan Systems and Servicing segment is involved in loan servicing activities, such as loan conversion, application processing, borrower updates, customer service, payment processing, due diligence procedures, funds management reconciliation, and claim processing activities for the companyÂ’s student loan portfolio and for third-party clients. It has a 13.09 P/E ratio. This segment also provides software and data center, borrower and loan updates, default aversion tracking, claim processing, and post-default collection services for guarantee agencies; and contact center solutions, as well as licenses student loan servicing software to third-party student loan holders and servicers.

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