How Many NiSource Inc. (NYSE:NI)’s Analysts Are Bullish?

April 17, 2018 - By Michael Collier

NiSource Inc. (NYSE:NI) LogoInvestors sentiment increased to 1.46 in Q4 2017. 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.
First Trust Advisors Limited Partnership owns 0.03% invested in NiSource Inc. (NYSE:NI) for 508,811 shares. Metropolitan Life Ins New York holds 0.02% or 52,162 shares in its portfolio. Massachusetts Ma invested in 0.03% or 2.45M shares. Usca Ria Ltd Liability Com has invested 0.04% in NiSource Inc. (NYSE:NI). Legal & General Group Incorporated Pcl holds 0.05% of its portfolio in NiSource Inc. (NYSE:NI) for 2.72 million shares. Livforsakringsbolaget Skandia Omsesidigt owns 4,900 shares. Oppenheimer Communications Inc reported 0.07% of its portfolio in NiSource Inc. (NYSE:NI). Magellan Asset holds 0.02% of its portfolio in NiSource Inc. (NYSE:NI) for 223,389 shares. Sun Life Financial has invested 0% in NiSource Inc. (NYSE:NI). State Of Tennessee Treasury Department holds 152,877 shares. Park Oh reported 84,272 shares. Hanson Mcclain Incorporated stated it has 0% in NiSource Inc. (NYSE:NI). Sandy Spring Fincl Bank invested in 5,079 shares. The Massachusetts-based Rhumbline Advisers has invested 0.03% in NiSource Inc. (NYSE:NI). Rbo And Com Lc owns 285,409 shares or 1.84% of their US portfolio.

NiSource Inc. (NYSE:NI) Ratings Coverage

Among 7 analysts covering Nisource Inc (NYSE:NI), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Nisource Inc had 9 analyst reports since October 18, 2017 according to SRatingsIntel. KeyBanc Capital Markets maintained the shares of NI in report on Wednesday, October 18 with “Buy” rating. The firm earned “Buy” rating on Monday, November 20 by Citigroup. The firm has “Hold” rating given on Wednesday, December 20 by Jefferies. On Thursday, January 25 the stock rating was maintained by JP Morgan with “Neutral”. The stock has “Buy” rating by Goldman Sachs on Wednesday, January 10. On Tuesday, April 10 the stock rating was maintained by JP Morgan with “Neutral”. The firm has “Buy” rating given on Friday, March 23 by Bank of America. The stock has “Outperform” rating by Credit Suisse on Thursday, November 2. The company was downgraded on Tuesday, March 27 by Citigroup. Below is a list of NiSource Inc. (NYSE:NI) latest ratings and price target changes.

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
20/12/2017 Broker: Jefferies Rating: Hold New Target: $26.0 Maintain
20/11/2017 Broker: Citigroup Rating: Buy Old Target: $28 New Target: $31 Maintain
02/11/2017 Broker: Credit Suisse Rating: Outperform Old Target: $29 New Target: $30 Maintain
18/10/2017 Broker: KeyBanc Capital Markets Rating: Buy New Target: $29.5 Maintain

The stock increased 0.98% or $0.24 during the last trading session, reaching $24.12. About 735,162 shares traded. NiSource Inc. (NYSE:NI) has declined 0.08% since April 17, 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 $8.14 billion. The firm operates through two divisions, Gas Distribution Operations and Electric Operations. It has a 61.86 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.

NiSource Inc. (NYSE:NI) Institutional Positions Chart

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