Discussion stirs around NiSource Inc. (NYSE:NI) this week; here is what analysts are saying.

May 19, 2018 - By Louis Casey

NiSource Inc. (NYSE:NI) LogoInvestors sentiment increased to 1.46 in 2017 Q4. Its up 0.11, from 1.35 in 2017Q3. It is positive, as 27 investors sold NiSource Inc. shares while 109 reduced holdings. 48 funds opened positions while 150 raised stakes. 281.01 million shares or 4.47% more from 269.00 million shares in 2017Q3 were reported.
22,000 were accumulated by Employees Retirement Systems Of Texas. Federated Invsts Pa holds 0.09% or 1.24M shares. Tortoise Advsrs Limited Com, a Kansas-based fund reported 1.38 million shares. Hightower Lc holds 0% or 22,938 shares in its portfolio. Price T Rowe Assocs Md holds 24.43M shares or 0.1% of its portfolio. Pggm Invests reported 0.02% of its portfolio in NiSource Inc. (NYSE:NI). Pub Employees Retirement System Of Ohio holds 147,575 shares or 0.02% of its portfolio. Nomura has 0.01% invested in NiSource Inc. (NYSE:NI). Ohio-based Fort Washington Advsrs Oh has invested 0.02% in NiSource Inc. (NYSE:NI). Sg Americas Secs Limited Liability Com reported 0.2% in NiSource Inc. (NYSE:NI). 1St Source Bancorporation has 0.07% invested in NiSource Inc. (NYSE:NI) for 31,458 shares. Ftb Incorporated has invested 0% in NiSource Inc. (NYSE:NI). 52,489 are owned by Proshare Advsr Lc. Moreover, Martingale Asset Management Limited Partnership has 0.02% invested in NiSource Inc. (NYSE:NI). New York-based D E Shaw & Incorporated has invested 0.03% in NiSource Inc. (NYSE:NI).

Since May 7, 2018, it had 1 insider buy, and 1 sale for $299,912 activity. BUTLER ERIC L bought $99,300 worth of stock or 4,000 shares.

NiSource Inc. (NYSE:NI) Ratings Coverage

Among 8 analysts covering NiSource (NYSE:NI), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. NiSource had 12 analyst reports since November 20, 2017 according to SRatingsIntel. J.P. Morgan upgraded it to “Buy” rating and $2600 target in Thursday, May 17 report. Goldman Sachs upgraded the shares of NI in report on Monday, May 7 to “Buy” rating. On Thursday, January 25 the stock rating was maintained by JP Morgan with “Neutral”. The firm earned “Overweight” rating on Thursday, May 17 by JP Morgan. The stock of NiSource Inc. (NYSE:NI) has “Neutral” rating given on Tuesday, March 27 by Citigroup. The firm has “Buy” rating by Bank of America given on Friday, March 23. The stock has “Hold” rating by Jefferies on Wednesday, December 20. Credit Suisse maintained the stock with “Outperform” rating in Monday, May 7 report. The rating was maintained by Citigroup on Monday, November 20 with “Buy”. The rating was maintained by JP Morgan with “Neutral” on Tuesday, April 10. Below is a list of NiSource Inc. (NYSE:NI) latest ratings and price target changes.

17/05/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Overweight Old Target: $25 Upgrade
17/05/2018 Broker: J.P. Morgan Rating: Buy New Target: $26.0000 Upgrade
07/05/2018 Broker: Credit Suisse Old Rating: Outperform New Rating: Outperform Old Target: $27 New Target: $28 Maintain
07/05/2018 Broker: Goldman Sachs Rating: Buy New Target: $30.0000 Upgrade
18/04/2018 Broker: KeyBanc Capital Markets Old Rating: Overweight New Rating: Overweight Old Target: $25 New Target: $26 Maintain
10/04/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Neutral Old Target: $23 New Target: $25 Maintain
27/03/2018 Broker: Citigroup Old Rating: Buy New Rating: Neutral Old Target: $31 Downgrade
23/03/2018 Broker: Bank of America Rating: Buy New Target: $25.0000 Upgrade
25/01/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Neutral Old Target: $28 New Target: $25 Maintain
10/01/2018 Broker: Goldman Sachs Rating: Buy New Target: $29.0 Upgrade

The stock increased 0.29% or $0.07 during the last trading session, reaching $24.43. About 3.27 million shares traded. NiSource Inc. (NYSE:NI) has declined 0.08% since May 19, 2017 and is downtrending. It has underperformed by 11.63% the S&P500.

NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility firm in the United States. The company has market cap of $8.25 billion. The firm operates through two divisions, Gas Distribution Operations and Electric Operations. It has a 62.64 P/E ratio. It provides natural gas service and transportation to residential, commercial, and industrial customers; generates, transmits, and distributes electricity; and provides wholesale and transmission transaction services.

Another recent and important NiSource Inc. (NYSE:NI) news was published by Benzinga.com which published an article titled: “Utility NiSource Added To Goldman Sachs’ America’s Conviction Buy List: ‘One Of Our Top Ideas'” on May 07, 2018.

NiSource Inc. (NYSE:NI) Institutional Positions Chart

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