Nelnet, Inc. (NYSE:NNI) Logo

Sentiment for Nelnet Inc (NYSE:NNI)

Nelnet Inc (NYSE:NNI) institutional sentiment increased to 0.78 in Q1 2019. Its up 0.10, from 0.68 in 2018Q4. The ratio has increased, as 42 hedge funds increased or started new positions, while 54 sold and trimmed equity positions in Nelnet Inc. The hedge funds in our partner’s database now hold: 12.98 million shares, down from 13.53 million shares in 2018Q4. Also, the number of hedge funds holding Nelnet Inc in their top 10 positions decreased from 2 to 1 for a decrease of 1. Sold All: 8 Reduced: 46 Increased: 26 New Position: 16.

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 $2.48 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 16.38 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.

The stock increased 0.24% or $0.15 during the last trading session, reaching $62.51. About 57,047 shares traded. Nelnet, Inc. (NYSE:NNI) has risen 2.60% since July 27, 2018 and is uptrending. It has underperformed by 1.83% the S&P500.

Farmers & Merchants Investments Inc holds 5.37% of its portfolio in Nelnet, Inc. for 1.46 million shares. Tegean Capital Management Llc owns 100,000 shares or 3.74% of their US portfolio. Moreover, Rk Asset Management Llc has 2.59% invested in the company for 48,914 shares. The New York-based General American Investors Co Inc has invested 2.02% in the stock. Foundry Partners Llc, a Minnesota-based fund reported 122,888 shares.

More notable recent Nelnet, Inc. (NYSE:NNI) news were published by: Finance.Yahoo.com which released: “Did Hedge Funds Drop The Ball On Adient plc (ADNT) ? – Yahoo Finance” on May 02, 2019, also Prnewswire.com with their article: “Nelnet, Inc. Announces The Commencement Of Consent Solicitations For Certain Of Its Student Loan Securitization Issuers – PRNewswire” published on June 10, 2019, Fool.com published: “3 Top Stocks That Aren’t on Wall Street’s Radar – The Motley Fool” on February 26, 2018. More interesting news about Nelnet, Inc. (NYSE:NNI) were released by: Finance.Yahoo.com and their article: “Is Kroger a Value Play or a Falling Knife? – Yahoo Finance” published on June 21, 2019 as well as Finance.Yahoo.com‘s news article titled: “Better Buy: ExxonMobil vs. Royal Dutch Shell – Yahoo Finance” with publication date: May 26, 2019.

Nelnet, Inc. (NYSE:NNI) Institutional Positions Chart

Receive News & Ratings Via Email – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings with our FREE daily email newsletter.



Source link