Ativo Capital Management Has Boosted Its Crown Holdings (CCK) Stake, NiSource Inc. (NI) Had 3 Analysts Last Week

May 31, 2017 - By Nellie Frank

Among 12 analysts covering Nisource Inc. (NYSE:NI), 3 have Buy rating, 1 Sell and 8 Hold. Therefore 25% are positive. Nisource Inc. had 18 analyst reports since August 20, 2015 according to SRatingsIntel. US Capital Advisors downgraded the stock to “Hold” rating in Monday, May 29 report. The rating was downgraded by JP Morgan on Tuesday, March 29 to “Neutral”. Jefferies maintained it with “Hold” rating and $23 target in Monday, April 3 report. The stock has “Hold” rating by Jefferies on Thursday, October 13. The rating was initiated by Goldman Sachs on Thursday, December 15 with “Neutral”. The stock of NiSource Inc. (NYSE:NI) earned “Buy” rating by Citigroup on Wednesday, December 14. The stock of NiSource Inc. (NYSE:NI) has “Neutral” rating given on Tuesday, October 13 by Credit Suisse. The firm has “Underperform” rating given on Friday, August 19 by Credit Suisse. UBS downgraded it to “Neutral” rating and $27 target in Friday, July 8 report. The firm has “Buy” rating given on Monday, January 9 by Guggenheim. See NiSource Inc. (NYSE:NI) latest ratings:

29/05/2017 Broker: US Capital Advisors Old Rating: Hold New Rating: Hold Downgrade
19/05/2017 Broker: Ladenburg Thalmann Rating: Buy New Target: $27.00 Initiates Coverage On
03/04/2017 Broker: Jefferies Rating: Hold New Target: $23.00 Maintain
09/01/2017 Broker: Guggenheim Old Rating: Neutral New Rating: Buy Upgrade
15/12/2016 Broker: Goldman Sachs Rating: Neutral Initiate
14/12/2016 Broker: Citigroup Old Rating: Neutral New Rating: Buy Upgrade

Ativo Capital Management Llc increased Crown Holdings Inc (CCK) stake by 11.43% reported in 2016Q4 SEC filing. Ativo Capital Management Llc acquired 6,001 shares as Crown Holdings Inc (CCK)’s stock rose 6.12%. The Ativo Capital Management Llc holds 58,500 shares with $3.08 million value, up from 52,499 last quarter. Crown Holdings Inc now has $7.92 billion valuation. The stock declined 0.37% or $0.22 reaching $57.51 on the news. About 189,565 shares traded. Crown Holdings, Inc. (NYSE:CCK) has risen 7.50% since May 31, 2016 and is uptrending. It has underperformed by 9.20% the S&P500.

About 1.12 million shares traded. NiSource Inc. (NYSE:NI) has risen 5.02% since May 31, 2016 and is uptrending. It has underperformed by 11.68% the S&P500.

Since January 9, 2017, it had 1 buy, and 6 sales for $2.78 million activity. Vegas Pablo had sold 7,200 shares worth $180,864 on Tuesday, May 23. Brown Donald Eugene sold $176,172 worth of stock or 6,906 shares. Another trade for 13,000 shares valued at $302,640 was sold by Mulpas Joseph W. On Friday, May 12 the insider Sistovaris Violet sold $934,912. $270,360 worth of stock was bought by Jesanis Michael E on Monday, January 9. $899,906 worth of NiSource Inc. (NYSE:NI) shares were sold by Stanley Jimmie L. 24,000 shares were sold by Hightman Carrie J, worth $558,720.

NiSource Inc. is an energy holding company. The company has market cap of $8.52 billion. The Firm is engaged in the distribution of natural gas. It has a 23.57 P/E ratio. The Firm operates through two business divisions: Gas Distribution Operations and Electric Operations.

Investors sentiment decreased to 0.93 in Q4 2016. Its down 0.27, from 1.2 in 2016Q3. It dived, as 51 investors sold NiSource Inc. shares while 141 reduced holdings. 50 funds opened positions while 129 raised stakes. 258.09 million shares or 0.38% less from 259.06 million shares in 2016Q3 were reported. Neuberger Berman Grp Incorporated Limited Co reported 728,648 shares. Federated Invsts Pa reported 610,276 shares. Timber Hill Lc accumulated 13,034 shares. 11,260 are held by Wesbanco Bankshares Inc. Da Davidson & Communications has invested 0.01% in NiSource Inc. (NYSE:NI). Evercore Wealth Mngmt Limited Liability Company holds 0.01% or 9,865 shares. Trexquant Investment Lp reported 0.23% stake. First Republic Investment Management Incorporated has 11,443 shares for 0% of their portfolio. Moreover, Jpmorgan Chase & has 0.05% invested in NiSource Inc. (NYSE:NI). Enterprise Fin Services Corp owns 636 shares. Legal General Group Public Limited Company holds 0.05% of its portfolio in NiSource Inc. (NYSE:NI) for 2.34M shares. Bradley Foster Sargent Ct reported 215,000 shares. The United Kingdom-based Gsa Cap Ptnrs Llp has invested 0.02% in NiSource Inc. (NYSE:NI). United Kingdom-based Hermes Invest Mngmt Limited has invested 0.02% in NiSource Inc. (NYSE:NI). Secor Cap Advisors L P holds 27,115 shares or 0.07% of its portfolio.

Investors sentiment decreased to 0.9 in Q4 2016. Its down 0.15, from 1.05 in 2016Q3. It dived, as 42 investors sold CCK shares while 120 reduced holdings. 38 funds opened positions while 108 raised stakes. 124.33 million shares or 0.10% more from 124.20 million shares in 2016Q3 were reported. Mondrian Investment Partners Ltd holds 2.21% in Crown Holdings, Inc. (NYSE:CCK) or 1.46M shares. Gradient Investments Lc owns 1,500 shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Invest has invested 0.03% in Crown Holdings, Inc. (NYSE:CCK). Dimensional Fund LP invested 0.01% of its portfolio in Crown Holdings, Inc. (NYSE:CCK). Pitcairn Co stated it has 0.06% of its portfolio in Crown Holdings, Inc. (NYSE:CCK). Geode Capital Llc has 960,439 shares. Utah Retirement System has invested 0.03% in Crown Holdings, Inc. (NYSE:CCK). Sg Americas Ltd Liability Company holds 0% or 3,242 shares. Hsbc Holding Public Limited Liability Co holds 0.05% or 375,000 shares in its portfolio. Ameriprise Fincl has invested 0.01% in Crown Holdings, Inc. (NYSE:CCK). Livforsakringsbolaget Skandia Omsesidigt invested in 0.01% or 3,324 shares. Massmutual Tru Fsb Adv has 2,125 shares. Waratah Advisors accumulated 51,400 shares. Westpac has 0% invested in Crown Holdings, Inc. (NYSE:CCK). The Texas-based Vaughan Nelson Investment Mgmt LP has invested 0.72% in Crown Holdings, Inc. (NYSE:CCK).

Among 11 analysts covering Crown Holdings (NYSE:CCK), 6 have Buy rating, 0 Sell and 5 Hold. Therefore 55% are positive. Crown Holdings had 22 analyst reports since July 22, 2015 according to SRatingsIntel. The stock has “Buy” rating by BMO Capital Markets on Thursday, April 13. On Thursday, May 12 the stock rating was initiated by Goldman Sachs with “Neutral”. Jefferies maintained the stock with “Buy” rating in Thursday, April 13 report. The stock of Crown Holdings, Inc. (NYSE:CCK) has “Buy” rating given on Thursday, July 14 by Jefferies. Wells Fargo downgraded the stock to “Market Perform” rating in Thursday, November 12 report. On Thursday, May 25 the stock rating was maintained by Jefferies with “Buy”. On Tuesday, April 19 the stock rating was maintained by Credit Suisse with “Neutral”. Vertical Research downgraded the shares of CCK in report on Monday, April 25 to “Hold” rating. Macquarie Research maintained it with “Outperform” rating and $58 target in Friday, February 5 report. The company was upgraded on Friday, February 19 by Bank of America.

Since February 10, 2017, it had 0 insider buys, and 2 selling transactions for $2.18 million activity. Beaver David A. also sold $56,048 worth of Crown Holdings, Inc. (NYSE:CCK) shares. Shares for $2.13M were sold by KELLY THOMAS A.

Ativo Capital Management Llc decreased Amdocs Ltd (NASDAQ:DOX) stake by 20,272 shares to 26,000 valued at $1.51M in 2016Q4. It also reduced China Biologic Prods Inc (NASDAQ:CBPO) stake by 3,036 shares and now owns 90,748 shares. Alibaba Group Holding Ltd Sp A (NYSE:BABA) was reduced too.