Is there a Bearish outlook for Northwest Bancshares, Inc. (NASDAQ:NWBI) this week?

February 10, 2018 - By simple simple

 Is there a Bearish outlook for 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 dived, 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.
Texas Permanent School Fund has invested 0.02% in Northwest Bancshares, Inc. (NASDAQ:NWBI). Pnc Fincl Svcs Gp holds 0% in Northwest Bancshares, Inc. (NASDAQ:NWBI) or 99,505 shares. Ameriprise Inc reported 718,220 shares. Vanguard Gru Inc invested 0.01% in Northwest Bancshares, Inc. (NASDAQ:NWBI). California Public Employees Retirement Systems has invested 0.01% in Northwest Bancshares, Inc. (NASDAQ:NWBI). Dimensional Fund Ltd Partnership holds 0.07% of its portfolio in Northwest Bancshares, Inc. (NASDAQ:NWBI) for 8.62M shares. The Ohio-based Keybank Natl Association Oh has invested 0% in Northwest Bancshares, Inc. (NASDAQ:NWBI). State Board Of Administration Of Florida Retirement Systems holds 0% or 91,564 shares in its portfolio. Arizona State Retirement System holds 0.01% or 53,211 shares in its portfolio. Renaissance Techs Ltd Co reported 2.54 million shares. Swiss National Bank & Trust has invested 0% in Northwest Bancshares, Inc. (NASDAQ:NWBI). Lpl Finance reported 45,708 shares. Koch, Kansas-based fund reported 12,133 shares. Dean Investment Assoc Ltd Company accumulated 63,700 shares. Fny Managed Accounts Ltd Limited Liability Company holds 0.01% in Northwest Bancshares, Inc. (NASDAQ:NWBI) or 644 shares.

Since September 14, 2017, it had 1 insider buy, and 5 sales for $866,059 activity. Shares for $158,913 were sold by Ritzert Gerald J on Monday, December 11. Scalise Jonathan P sold $326,162 worth of stock or 19,172 shares. Young Andrew sold $90,996 worth of stock.

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. The stock of Northwest Bancshares, Inc. (NASDAQ:NWBI) earned “Hold” rating by Keefe Bruyette & Woods on Monday, July 24. Wood maintained the stock with “Market Perform” rating in Tuesday, September 13 report. RBC Capital Markets maintained Northwest Bancshares, Inc. (NASDAQ:NWBI) on Monday, May 2 with “Outperform” rating. As per Thursday, June 2, the company rating was initiated by FBR Capital. The rating was maintained by FBR Capital with “Mkt Perform” on Wednesday, October 26. On Tuesday, July 25 the stock rating was maintained by Boenning & Scattergood with “Hold”. The company was downgraded on Monday, December 19 by Sandler O’Neill. As per Thursday, December 21, the company rating was maintained by Keefe Bruyette & Woods. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Friday, October 6 report. The stock of Northwest Bancshares, Inc. (NASDAQ:NWBI) earned “Hold” rating by Zacks on Tuesday, September 22. 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: Seekingalpha.com which released: “A Fundamental Analysis Of Northwest Bancshares” on November 06, 2017, also Prnewswire.com published article titled: “Northwest Bancshares, Inc. Announces Third Quarter 2017 Earnings and Quarterly …”, Nasdaq.com published: “Ex-Dividend Reminder: Aon, Northwest Bancshares and Citizens Financial Group” on January 29, 2018. More interesting news about Northwest Bancshares, Inc. (NASDAQ:NWBI) was released by: Prnewswire.com and their article: “Northwest Bancshares, Inc. Announces Fourth Quarter 2017 Earnings and …” with publication date: January 22, 2018.

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