As Nelnet INC (NNI) Market Valuation Declined, Holder Farmers & Merchants Investments INC Upped Its Stake

June 20, 2017 - By Linda Rogers

Investors sentiment decreased to 1.15 in 2016 Q4. Its down 0.02, from 1.17 in 2016Q3. It worsened, as 6 investors sold NNI shares while 42 reduced holdings. 17 funds opened positions while 38 raised stakes. 16.80 million shares or 0.68% less from 16.92 million shares in 2016Q3 were reported. Moreover, Tiaa Cref Invest Mngmt Ltd Liability Corporation has 0% invested in Nelnet, Inc. (NYSE:NNI) for 120,709 shares. Prudential Fincl Incorporated holds 398,689 shares. Citigroup has invested 0% of its portfolio in Nelnet, Inc. (NYSE:NNI). Barclays Public Limited Company reported 0% of its portfolio in Nelnet, Inc. (NYSE:NNI). Zebra Capital Mngmt Ltd Company has invested 0.07% in Nelnet, Inc. (NYSE:NNI). Manufacturers Life Insur Co The has 0% invested in Nelnet, Inc. (NYSE:NNI). Wellington Mngmt Llp holds 0% of its portfolio in Nelnet, Inc. (NYSE:NNI) for 145,378 shares. Geode Cap Mgmt Lc holds 0.01% or 278,795 shares. Shell Asset Mngmt owns 0.07% invested in Nelnet, Inc. (NYSE:NNI) for 49,897 shares. Moreover, Royal Bancshares Of Canada has 0% invested in Nelnet, Inc. (NYSE:NNI) for 3,196 shares. Thompson Siegel & Walmsley Limited Liability Corporation has invested 0.17% in Nelnet, Inc. (NYSE:NNI). Dimensional Fund Advsrs LP owns 2.17 million shares. Wells Fargo & Mn reported 0% in Nelnet, Inc. (NYSE:NNI). Renaissance Technology Ltd owns 358,700 shares. State Board Of Administration Of Florida Retirement reported 13,527 shares.

Since March 21, 2017, it had 0 buys, and 2 insider sales for $90,090 activity. The insider Munn William J sold 2 shares worth $90. MUHLEISEN ANGIE sold $90,000 worth of stock or 2,000 shares.

Farmers & Merchants Investments Inc increased its stake in Nelnet Inc. (NNI) by 4.38% based on its latest 2016Q4 regulatory filing with the SEC. Farmers & Merchants Investments Inc bought 79,334 shares as the company’s stock declined 21.49% while stock markets rallied. The institutional investor held 1.89 million shares of the finance company at the end of 2016Q4, valued at $96.01M, up from 1.81M at the end of the previous reported quarter. Farmers & Merchants Investments Inc who had been investing in Nelnet Inc. for a number of months, seems to be bullish on the $1.95B market cap company. The stock declined 0.04% or $0.02 reaching $45.7 on the news. About 5,542 shares traded. Nelnet, Inc. (NYSE:NNI) has risen 13.42% since June 20, 2016 and is uptrending. It has underperformed by 3.28% the S&P500.

More recent Nelnet, Inc. (NYSE:NNI) news were published by: Prnewswire.com which released: “Nelnet, Inc. Announces Cash Tender Offer and Consent Solicitation for 7.400 …” on January 23, 2017. Also Seekingalpha.com published the news titled: “Nelnet: Student Loan Play” on June 12, 2017. Omaha.com‘s news article titled: “Nelnet acquires PaymentSpring, will re-launch service following acquisition” with publication date: January 10, 2017 was also an interesting one.

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 6 analyst reports since August 7, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Friday, August 7 by Compass Point. The firm earned “Buy” rating on Monday, November 9 by Compass Point. The firm earned “Outperform” rating on Friday, August 7 by Credit Suisse. The firm earned “Neutral” rating on Monday, November 14 by Credit Suisse.

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