Is Northwest Bancshares Inc (NASDAQ:NWBI) Going to Burn These Institutional Investors?

May 18, 2018 - By Maria Brooks

Northwest Bancshares, Inc. (NASDAQ:NWBI) Logo

Sentiment for Northwest Bancshares Inc (NASDAQ:NWBI)

Northwest Bancshares Inc (NASDAQ:NWBI) institutional sentiment increased to 1.3 in Q4 2017. Its up 0.44, from 0.86 in 2017Q3. The ratio improved, as 78 investment managers increased or started new stock positions, while 60 sold and reduced their holdings in Northwest Bancshares Inc. The investment managers in our partner’s database reported: 66.59 million shares, up from 65.40 million shares in 2017Q3. Also, the number of investment managers holding Northwest Bancshares Inc in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 8 Reduced: 52 Increased: 55 New Position: 23.

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 $1.74 billion. The firm operates through two divisions, Community Banking and Consumer Finance. It has a 18.48 P/E ratio. It offers personal and business deposits, such as checking, savings, money market deposit, term certificate, and individual retirement accounts.

The stock decreased 0.06% or $0.01 during the last trading session, reaching $17. About 62,605 shares traded. Northwest Bancshares, Inc. (NASDAQ:NWBI) has declined 1.51% since May 18, 2017 and is downtrending. It has underperformed by 13.06% the S&P500.

Analysts await Northwest Bancshares, Inc. (NASDAQ:NWBI) to report earnings on July, 23. They expect $0.25 earnings per share, up 13.64 % or $0.03 from last year’s $0.22 per share. NWBI’s profit will be $25.65 million for 17.00 P/E if the $0.25 EPS becomes a reality. After $0.24 actual earnings per share reported by Northwest Bancshares, Inc. for the previous quarter, Wall Street now forecasts 4.17 % EPS growth.

Dean Capital Management holds 1.04% of its portfolio in Northwest Bancshares, Inc. for 131,730 shares. Denver Investment Advisors Llc owns 881,016 shares or 0.74% of their US portfolio. Moreover, Piermont Capital Management Inc. has 0.74% invested in the company for 134,141 shares. The Ohio-based Dean Investment Associates Llc has invested 0.68% in the stock. Minerva Advisors Llc, a Pennsylvania-based fund reported 73,625 shares.

Since January 1, 0001, it had 1 buying transaction, and 5 sales for $790,533 activity.

Another recent and important Northwest Bancshares, Inc. (NASDAQ:NWBI) news was published by Globenewswire.com which published an article titled: “Report: Developing Opportunities within AMC Networks, JELD-WEN Holding, Blueprint Medicines, Northwest …” on May 01, 2018.

Northwest Bancshares, Inc. (NASDAQ:NWBI) Institutional Positions Chart

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