EPS for Wells Fargo & Company (WFC) Expected At $1.09; 4 Analysts Are Bullish NiSource Inc. (NI) Last Week

NiSource Inc. (NYSE:NI) Logo

Among 6 analysts covering NiSource (NYSE:NI), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. NiSource had 12 analyst reports since October 5, 2018 according to SRatingsIntel. The firm has “Buy” rating by Guggenheim given on Monday, January 7. The company was maintained on Friday, November 2 by Bank of America. The company was maintained on Monday, December 17 by KeyBanc Capital Markets. As per Friday, November 2, the company rating was maintained by JP Morgan. The rating was maintained by KeyBanc Capital Markets on Friday, November 2 with “Overweight”. The firm has “Overweight” rating by KeyBanc Capital Markets given on Friday, October 5. Barclays Capital maintained NiSource Inc. (NYSE:NI) on Monday, November 19 with “Equal-Weight” rating. Citigroup maintained NiSource Inc. (NYSE:NI) rating on Thursday, November 29. Citigroup has “Neutral” rating and $26 target. Barclays Capital maintained the stock with “Equal-Weight” rating in Tuesday, October 16 report. The rating was maintained by Bank of America with “Buy” on Monday, October 15. See NiSource Inc. (NYSE:NI) latest ratings:

09/03/2019 Broker: BidaskScore Rating: Buy Upgrade
21/02/2019 Broker: BidaskScore Rating: Buy Downgrade
07/01/2019 Broker: Guggenheim Old Rating: Neutral New Rating: Buy Upgrade
17/12/2018 Broker: KeyBanc Capital Markets Old Rating: Overweight New Rating: Overweight Old Target: $28 New Target: $29 Maintain
29/11/2018 Broker: Citigroup Old Rating: Neutral New Rating: Neutral Old Target: $25 New Target: $26 Maintain
19/11/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $26 New Target: $27 Maintain
02/11/2018 Broker: Bank of America Old Rating: Buy New Rating: Buy Old Target: $27 New Target: $28 Maintain
02/11/2018 Broker: JP Morgan Old Rating: Overweight New Rating: Overweight Old Target: $29 New Target: $28 Maintain
02/11/2018 Broker: KeyBanc Capital Markets Old Rating: Overweight New Rating: Overweight Old Target: $27 New Target: $28 Maintain
16/10/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $27 New Target: $26 Maintain

Analysts expect Wells Fargo & Company (NYSE:WFC) to report $1.09 EPS on April, 12.They anticipate $0.03 EPS change or 2.68% from last quarter’s $1.12 EPS. WFC’s profit would be $4.96B giving it 11.62 P/E if the $1.09 EPS is correct. After having $1.21 EPS previously, Wells Fargo & Company’s analysts see -9.92% EPS growth. The stock increased 0.62% or $0.31 during the last trading session, reaching $50.66. About 46.12M shares traded or 111.31% up from the average. Wells Fargo & Company (NYSE:WFC) has declined 12.56% since March 17, 2018 and is downtrending. It has underperformed by 16.93% the S&P500. Some Historical WFC News: 04/05/2018 – WELLS FARGO DENIES CLAIMS & ALLEGATIONS IN THE CLASS ACTION; 24/04/2018 – WELLS FARGO CONCLUDES ANNUAL MEETING; 15/03/2018 – Dealbook: Wells Fargo’s C.E.O. Gets a Pay Raise: DealBook Briefing; 26/03/2018 – Wells Fargo thinks it’s time to buy into the sell-off, even with fears over trade wars and rate hikes; 04/05/2018 – Caterpillar to Participate in Wells Fargo Conference on May 8; Webcast Available; 07/05/2018 – PPG Industries at Wells Fargo Industrials Conference Tomorrow; 07/05/2018 – Wells Fargo: Norton Will Join the Co This Summer and Will Be Based in San Francisco; 05/04/2018 – Fitch Affirms Wells Fargo’s Commercial Loan Servicer Ratings; 10/05/2018 – WELLS FARGO SAYS NET INTEREST INCOME “TO BE RELATIVELY STABLE” IN 2018; 09/04/2018 – CNBC Wires: EXCLUSIVE-U.S. consumer watchdog seeks record fine against Wells Fargo for abuses

Investors sentiment decreased to 0.53 in Q4 2018. Its down 0.25, from 0.78 in 2018Q3. It dropped, as 101 investors sold Wells Fargo & Company shares while 748 reduced holdings. 113 funds opened positions while 337 raised stakes. 3.41 billion shares or 1.32% less from 3.46 billion shares in 2018Q3 were reported. Diversified Trust Co, Tennessee-based fund reported 19,437 shares. Fred Alger Mgmt holds 0.01% or 33,116 shares. At Bank stated it has 7,628 shares. Moreno Evelyn V holds 1.21% or 79,504 shares. Blb&B Advsrs Ltd invested 0.28% in Wells Fargo & Company (NYSE:WFC). Sand Hill Glob Ltd Liability Corporation invested in 0.06% or 12,066 shares. Old National Bank In accumulated 64,901 shares or 0.17% of the stock. Moreover, First American National Bank & Trust has 0.03% invested in Wells Fargo & Company (NYSE:WFC). Delta Asset Lc Tn holds 460,450 shares. Compton Cap Ri owns 45,626 shares for 1% of their portfolio. Mondrian Invest Prns Limited holds 2.54% or 1.50 million shares. West Oak Cap Limited Liability has 2,750 shares for 0% of their portfolio. Meiji Yasuda Life Insurance reported 0.56% stake. Bridgewater Assocs Lp has invested 0.02% in Wells Fargo & Company (NYSE:WFC). Eagle Ridge Investment Mngmt holds 9,116 shares or 0.07% of its portfolio.

Among 4 analysts covering Wells Fargo (NYSE:WFC), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Wells Fargo had 6 analyst reports since October 15, 2018 according to SRatingsIntel. Macquarie Research upgraded the stock to “Outperform” rating in Monday, October 15 report. The firm has “Neutral” rating given on Friday, December 7 by Credit Suisse. The rating was upgraded by RBC Capital Markets on Wednesday, January 2 to “Sector Perform”. Nomura maintained Wells Fargo & Company (NYSE:WFC) rating on Monday, October 15. Nomura has “Buy” rating and $63 target.

More notable recent Wells Fargo & Company (NYSE:WFC) news were published by: Benzinga.com which released: “Wells Fargo CEO Tim Sloan: Bank’s Culture Has ‘Substantially Improved’ (NYSE:WFC) – Benzinga” on March 13, 2019, also Bizjournals.com with their article: “Evolving VertueLab nets $70K grant – Portland Business Journal” published on March 08, 2019, Benzinga.com published: “Moody’s: Leveraged Loan Market Creating Risks For US Banks (NYSE:WFC)(NYSE:GS)(NYSE:BAC) – Benzinga” on February 20, 2019. More interesting news about Wells Fargo & Company (NYSE:WFC) were released by: Fool.com and their article: “Get Paid While You Wait: 3 Top Dividend Stocks in Banking – Motley Fool” published on February 21, 2019 as well as Businesswire.com‘s news article titled: “Wells Fargo & Company Declares Cash Dividends on Preferred Stock – Business Wire” with publication date: February 15, 2019.

Wells Fargo & Company, a diversified financial services company, provides retail, commercial, and corporate banking services to individuals, businesses, and institutions. The company has market cap of $230.47 billion. The Company’s Community Banking segment offers checking, savings, market rate, and individual retirement accounts, as well as time deposits and remittances; and lines of credit, automobile floor plan lines, equity lines and loans, equipment and transportation loans, education and residential mortgage loans, and debit and credit cards. It has a 11.84 P/E ratio. This segment also provides equipment leases, real estate and other commercial financing, small business administration financing, venture capital financing, cash management, payroll services, retirement plans, merchant payment processing, and private label financing solutions, as well as purchases retail installment contracts.

Since November 8, 2018, it had 0 insider purchases, and 1 sale for $62,832 activity. Brown Donald Eugene also sold $62,832 worth of NiSource Inc. (NYSE:NI) shares.

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 $10.39 billion. The firm operates through two divisions, Gas Distribution Operations and Electric Operations. It currently has negative earnings. 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.

Investors sentiment decreased to 1.11 in 2018 Q4. Its down 0.24, from 1.35 in 2018Q3. It dived, as 29 investors sold NiSource Inc. shares while 122 reduced holdings. 49 funds opened positions while 118 raised stakes. 337.49 million shares or 3.90% more from 324.82 million shares in 2018Q3 were reported. Zimmer Prns L P owns 14.44M shares. State Treasurer State Of Michigan owns 104,002 shares. Synovus Fincl Corp holds 0% or 5,824 shares in its portfolio. Ameriprise Fin has invested 0.03% of its portfolio in NiSource Inc. (NYSE:NI). Moreover, Sumitomo Mitsui Trust has 0.04% invested in NiSource Inc. (NYSE:NI) for 1.38M shares. Pictet Asset Mngmt reported 0.09% in NiSource Inc. (NYSE:NI). Metropolitan Life Insur Ny accumulated 52,758 shares. Jacobs Levy Equity Mgmt invested in 86,590 shares. Perkins Coie Trust Company reported 0.01% in NiSource Inc. (NYSE:NI). Ing Groep Nv holds 0.01% or 9,548 shares in its portfolio. Raymond James & accumulated 24,095 shares. Lord Abbett Ltd Liability Company holds 0.24% or 2.57 million shares. Guardian Life Ins Of America has 0% invested in NiSource Inc. (NYSE:NI). Mutual Of America Limited Liability Corporation stated it has 85,247 shares. California-based Wetherby Asset has invested 0.04% in NiSource Inc. (NYSE:NI).

NiSource Inc. (NYSE:NI) Institutional Positions Chart