Were Analysts Bullish Northwest Bancshares, Inc. (NASDAQ:NWBI) This Week?

February 10, 2018 - By Clifton Ray

 Were Analysts Bullish Northwest Bancshares, Inc. (NASDAQ:NWBI) This Week?
Investors sentiment decreased to 0.86 in Q3 2017. Its down 0.20, from 1.06 in 2017Q2. It turned negative, as 12 investors sold Northwest Bancshares, Inc. shares while 59 reduced holdings. 18 funds opened positions while 43 raised stakes. 65.40 million shares or 1.94% less from 66.69 million shares in 2017Q2 were reported.
Pnc Financial Ser Group Inc owns 0% invested in Northwest Bancshares, Inc. (NASDAQ:NWBI) for 99,505 shares. 3,519 are held by Ls Invest Advsr Ltd. Gemmer Asset Mngmt Ltd Liability Co reported 247 shares. Piermont Cap Mgmt Incorporated invested in 0.77% or 134,141 shares. Dean Inv Assoc Ltd Llc owns 63,700 shares or 0.17% of their US portfolio. Rhumbline Advisers reported 0.01% stake. Moreover, Sg Americas Secs Lc has 0% invested in Northwest Bancshares, Inc. (NASDAQ:NWBI). Salzhauer Michael reported 0.2% stake. California Employees Retirement owns 331,705 shares for 0.01% of their portfolio. Creative Planning holds 0% or 12,751 shares in its portfolio. Employees Retirement Of Ohio invested 0% in Northwest Bancshares, Inc. (NASDAQ:NWBI). Hbk Sorce Advisory Lc has 53,556 shares for 0.14% of their portfolio. Teachers Retirement Systems Of The State Of Kentucky accumulated 34,200 shares. State Of Alaska Department Of Revenue has 20,251 shares. Bancorporation Of America De has 0% invested in Northwest Bancshares, Inc. (NASDAQ:NWBI).

Since September 14, 2017, it had 1 buying transaction, and 5 selling transactions for $866,059 activity. $104,076 worth of Northwest Bancshares, Inc. (NASDAQ:NWBI) was sold by Scalise Jonathan P on Thursday, October 26. Meegan John P bought 1,000 shares worth $16,144. $202,056 worth of Northwest Bancshares, Inc. (NASDAQ:NWBI) was sold by Ritzert Gerald J on Tuesday, February 6.

Northwest Bancshares, Inc. (NASDAQ:NWBI) Ratings Coverage

Among 7 analysts covering Northwest Bancshares (NASDAQ:NWBI), 1 have Buy rating, 1 Sell and 5 Hold. Therefore 14% are positive. Northwest Bancshares had 10 analyst reports since September 22, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained Northwest Bancshares, Inc. (NASDAQ:NWBI) rating on Thursday, December 21. Keefe Bruyette & Woods has “Hold” rating and $17.5 target. The stock of Northwest Bancshares, Inc. (NASDAQ:NWBI) earned “Outperform” rating by RBC Capital Markets on Monday, May 2. Keefe Bruyette & Woods maintained Northwest Bancshares, Inc. (NASDAQ:NWBI) rating on Monday, July 24. Keefe Bruyette & Woods has “Hold” rating and $1600 target. The rating was downgraded by Sandler O’Neill to “Sell” on Monday, December 19. On Tuesday, September 13 the stock rating was maintained by Wood with “Market Perform”. The stock of Northwest Bancshares, Inc. (NASDAQ:NWBI) has “Mkt Perform” rating given on Wednesday, October 26 by FBR Capital. The rating was maintained by Keefe Bruyette & Woods on Friday, October 6 with “Hold”. The stock of Northwest Bancshares, Inc. (NASDAQ:NWBI) has “Hold” rating given on Tuesday, September 22 by Zacks. The stock has “Hold” rating by Boenning & Scattergood on Tuesday, July 25. FBR Capital initiated the stock with “Market Perform” rating in Thursday, June 2 report. Below is a list of Northwest Bancshares, Inc. (NASDAQ:NWBI) latest ratings and price target changes.

21/12/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $17.5 Maintain
06/10/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $16.0 Maintain

The stock increased 1.84% or $0.3 during the last trading session, reaching $16.63. About 479,097 shares traded. Northwest Bancshares, Inc. (NASDAQ:NWBI) has risen 6.88% since February 10, 2017 and is uptrending. It has underperformed by 9.82% the S&P500.

Northwest Bancshares, Inc. operates as a bank holding firm for Northwest Savings Bank that offers various personal and business banking solutions in the United States. The company has market cap of $1.71 billion. The firm operates through two divisions, Community Banking and Consumer Finance. It has a 18.08 P/E ratio. It offers personal and business deposits, such as checking, savings, money market deposit, term certificate, and individual retirement accounts.

More important recent Northwest Bancshares, Inc. (NASDAQ:NWBI) news were published by: Prnewswire.com which released: “Northwest Bancshares, Inc. Announces Fourth Quarter 2017 Earnings and …” on January 22, 2018, also Nasdaq.com published article titled: “Ex-Dividend Reminder: Aon, Northwest Bancshares and Citizens Financial Group”, Prnewswire.com published: “Northwest Bancshares, Inc. Announces Third Quarter 2017 Earnings and Quarterly …” on October 23, 2017. More interesting news about Northwest Bancshares, Inc. (NASDAQ:NWBI) was released by: Seekingalpha.com and their article: “A Fundamental Analysis Of Northwest Bancshares” with publication date: November 06, 2017.

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.