Macy’s, Inc. (M) held by 75 SEC 13F Filers

Macy’s, Inc. (NYSE:M) recovered 71.22% of its value since hitting low of $17.41. The recent move of -3.65% drop pushed the stock to close at $29.8 when trading ended on 04/06/2018. At recent session, the prices were hovering between $29.555 and $30.69. This company shares are -0.3% up from its target price of $29.71 and the current market capitalization stands at $9.42B. The recent change has given its price a 8.1% lead over SMA 50 and -3.99% deficit over its 52-week high. The stock witnessed -0.4% declines, 21.68% gains and 44.45% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found M’s volatility during a week at 4.32% and during a month it has been found around 3.67%.

Macy’s, Inc. (M) Top Holders

Institutional investors currently hold around $7.93 billion or 91.9% in M stock. Look at its top three institutional owners. Vanguard Group Inc owns $931.02 million in Macy’s, Inc., which represents roughly 9.88% of the company’s market cap and approximately 11.74% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 25,206,616 shares of the stock are valued at $751.16 million. The third largest holder is American International Group Inc, which currently holds $712.92 million worth of this stock and that ownership represents nearly 7.57% of its market capitalization.

Macy’s, Inc. 13F Filings

At the end of 12/31/2017 reporting period, 302 institutional holders increased their position in Macy’s, Inc. (NYSE:M) by some 48,008,893 shares, 283 decreased positions by 36,589,408 and 75 held positions by 181,513,215. That puts total institutional holdings at 266,111,516 shares, according to SEC filings. The stock grabbed 134 new institutional investments totaling 12,855,811 shares while 68 institutional investors sold out their entire positions totaling 9,051,013 shares.

Macy’s, Inc. (NYSE:M) Insider Trades

Multiple company employees have indulged in significant insider trading. Macy’s, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that EVP,Controller/Enterprise Risk Williams Felicia has sold 785 shares of Macy’s, Inc. (M) in trading session dated Mar. 28, 2018. These shares are worth $22,757 and were traded at $28.99 each. The SEC filing shows that Connelly Deirdre P performed a sale of 9,092 shares. The Director disposed these shares by way of transaction on Mar. 08, 2018. The company’s shares were given away at $29.25 per share worth to an income of some $265,941 on account of Connelly Deirdre P.

Director, Roche Joyce M, sold 8,345 common shares of Macy’s, Inc. (M) in the open market. In a transaction dated Mar. 02, 2018, the shares were put up for sale at an average price of $30.38, raking in a sum of $253,521. After this sale, 3,647 common shares of M are directly owned by the insider, with total stake valued at $108,681.

In the transaction dated Mar. 02, 2018, the great number of shares disposed came courtesy the Director; Whittington Marna C disposed a total of 20,000 shares at an average price of $30.3, amounting to approximately $606,000. The insider now directly owns 44,834 shares worth $1,336,053.

Macy’s, Inc. (M) Analyst Guide

Several analysts have released their opinion on Macy’s, Inc. (NYSE:M), with 1 analysts believing it is a strong buy. Whereas 10 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 1 strong sell ratings, collectively assigning a 3 average brokerage recommendation.