NiSource Inc. (NYSE:NIMC) Shares Sold by BlueCrest Capital Management Ltd

BlueCrest Capital Management Ltd lowered its position in NiSource Inc. (NYSE:NIMC) by 89.7% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,215 shares of the company’s stock after selling 184,155 shares during the quarter. BlueCrest Capital Management Ltd’s holdings in NiSource were worth $2,216,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. UBS Group AG acquired a new stake in shares of NiSource in the first quarter valued at approximately $108,000. Infrastructure Capital Advisors LLC acquired a new stake in shares of NiSource in the first quarter valued at approximately $243,000. Sei Investments Co. acquired a new position in shares of NiSource during the first quarter valued at approximately $332,000. American Century Companies Inc. increased its stake in shares of NiSource by 3.0% during the first quarter. American Century Companies Inc. now owns 3,344 shares of the company’s stock valued at $349,000 after acquiring an additional 96 shares during the period. Finally, Camden Asset Management L P CA increased its stake in shares of NiSource by 72.6% during the first quarter. Camden Asset Management L P CA now owns 555,675 shares of the company’s stock valued at $57,840,000 after acquiring an additional 233,675 shares during the period.

Analysts Set New Price Targets

Separately, TheStreet lowered shares of NiSource from a “c-” rating to a “d” rating in a research note on Wednesday, August 2nd.

Insider Activity at NiSource

In related news, EVP Donald Eugene Brown sold 14,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 8th. The shares were sold at an average price of $26.64, for a total transaction of $372,960.00. Following the completion of the sale, the executive vice president now directly owns 187,278 shares in the company, valued at $4,989,085.92. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In related news, EVP William Jr. Jefferson sold 4,875 shares of the firm’s stock in a transaction that occurred on Friday, August 4th. The shares were sold at an average price of $26.80, for a total value of $130,650.00. Following the completion of the transaction, the executive vice president now owns 30,905 shares of the company’s stock, valued at approximately $828,254. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Donald Eugene Brown sold 14,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 8th. The stock was sold at an average price of $26.64, for a total transaction of $372,960.00. Following the completion of the transaction, the executive vice president now directly owns 187,278 shares of the company’s stock, valued at approximately $4,989,085.92. The disclosure for this sale can be found here.

NiSource Trading Up 0.2 %

NYSE NIMC opened at $99.37 on Tuesday. NiSource Inc. has a 12 month low of $96.63 and a 12 month high of $118.38. The company’s 50 day moving average is $101.01.

NiSource Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 1st. Investors of record on Thursday, August 31st were paid a dividend of $1.9375 per share. The ex-dividend date was Wednesday, August 30th. This represents a $7.75 dividend on an annualized basis and a dividend yield of 7.80%.

NiSource Profile

NiSource Inc, an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates through two segments, Gas Distribution Operations and Electric Operations. The company distributes natural gas to approximately 859,000 customers in northern Indiana, as well as approximately 2.4 million residential, commercial, and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland.