NiSource Inc. (NYSE:NI) has seen various investment movements recently. Funds such as
Victory Capital Management Inc., Russell Investments Group Ltd. and
First Trust Direct Indexing L.P. have increased their stake in the company, whereas others like
New York Life Investment Management LLC and
Yousif Capital Management LLC have lowered their holdings. NiSource has consistently been in line with Wall Street's expectations over the years. The company has been steadily beating earnings estimates, indicating consistent performance. There are also expectations of growth in its Q1 earnings, and recent results have been meeting Wall Street estimates. However, some concern is raised about whether the company can improve its returns. Over the past three years, those who invested in NiSource saw a 25% return on their investments. Recent significant movements include NiSource's announcement of rescheduling the remarketing of its
Series C Mandatory Convertible Preferred Stock, the leadership changes in its Ohio and Indiana Subsidiaries, and being put on S&P Dow Jones Sustainability Indices for the 10th consecutive year. The company has also unveiled a two-year $900 Million At-The-Market (ATM) Equity Issuance Program, adjustments top executives' compensation packages and the announcement of an extension to long-term growth plan.
Nisource NI News Analytics from Wed, 03 Nov 2021 07:00:00 GMT to Tue, 07 May 2024 11:39:06 GMT -
Rating 3
- Innovation 2
- Information 7
- Rumor 4
