Newell Rubbermaid Inc. (NYSE:NWL): Hedge Funds and Insiders Are Bearish, What Should You Do?

Newell Rubbermaid Inc. (NYSE:NWL) was in 28 hedge funds’ portfolio at the end of December. NWL investors should pay attention to a decrease in hedge fund interest of late. There were 28 hedge funds in our database with NWL holdings at the end of the previous quarter.

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Newell Rubbermaid Inc. (NYSE:NWL)

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Now, it’s important to take a peek at the recent action surrounding Newell Rubbermaid Inc. (NYSE:NWL).

How are hedge funds trading Newell Rubbermaid Inc. (NYSE:NWL)?

At the end of the fourth quarter, a total of 28 of the hedge funds we track held long positions in this stock, a change of 0% from the third quarter. With hedgies’ sentiment swirling, there exists a select group of notable hedge fund managers who were upping their stakes considerably.

When looking at the hedgies we track, Ken Griffin’s Citadel Investment Group had the biggest position in Newell Rubbermaid Inc. (NYSE:NWL), worth close to $115 million billion, accounting for 0.2% of its total 13F portfolio. Sitting at the No. 2 spot is John W. Rogers of Ariel Investments, with a $87 million position; the fund has 1.8% of its 13F portfolio invested in the stock. Some other hedge funds that are bullish include Patrick Degorce’s Theleme Partners, Doug Silverman’s Senator Investment Group and Phill Gross and Robert Atchinson’s Adage Capital Management.

Seeing as Newell Rubbermaid Inc. (NYSE:NWL) has experienced a declination in interest from hedge fund managers, logic holds that there is a sect of funds that elected to cut their entire stakes heading into 2013. Interestingly, Dan Loeb’s Third Point cut the biggest position of all the hedgies we monitor, worth about $48 million in stock.. D. E. Shaw’s fund, D E Shaw, also said goodbye to its stock, about $8 million worth. These bearish behaviors are interesting, as total hedge fund interest stayed the same (this is a bearish signal in our experience).

Insider trading activity in Newell Rubbermaid Inc. (NYSE:NWL)

Insider purchases made by high-level executives is best served when the primary stock in question has experienced transactions within the past 180 days. Over the last half-year time period, Newell Rubbermaid Inc. (NYSE:NWL) has experienced zero unique insiders buying, and 5 insider sales (see the details of insider trades here).

With the results shown by Insider Monkey’s research, retail investors must always watch hedge fund and insider trading sentiment, and Newell Rubbermaid Inc. (NYSE:NWL) is no exception.

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