Northwest Bancshares Inc. (NASDAQ:NWBI) hit a new 52-week high on Thursday . The company traded as high as $15.22 and last traded at $15.06, with a volume of 204,420 shares trading hands. The stock had previously closed at $15.09.

A number of equities research analysts have weighed in on NWBI shares. Zacks Investment Research lowered shares of Northwest Bancshares from a “hold” rating to a “sell” rating in a research note on Tuesday, April 26th. FBR & Co initiated coverage on Northwest Bancshares in a research note on Wednesday, June 1st. They issued a “market perform” rating and a $14.00 price objective for the company. Finally, Royal Bank Of Canada upped their price objective on Northwest Bancshares from $14.00 to $15.00 and gave the stock an “outperform” rating in a research note on Monday, May 2nd.

The company has a 50 day moving average of $14.61 and a 200-day moving average of $13.54. The company has a market capitalization of $1.54 billion and a PE ratio of 23.50.

Northwest Bancshares (NASDAQ:NWBI) last released its quarterly earnings data on Friday, April 22nd. The company reported $0.18 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.18. Equities research analysts anticipate that Northwest Bancshares Inc. will post $0.75 earnings per share for the current fiscal year.

In other Northwest Bancshares news, Director Philip M. Tredway sold 10,468 shares of the firm’s stock in a transaction that occurred on Tuesday, May 3rd. The shares were sold at an average price of $13.77, for a total value of $144,144.36. Following the completion of the sale, the director now directly owns 28,184 shares in the company, valued at $388,093.68. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO William W. Harvey sold 12,937 shares of the firm’s stock in a transaction that occurred on Wednesday, May 25th. The shares were sold at an average price of $14.77, for a total transaction of $191,079.49. Following the completion of the sale, the chief financial officer now owns 138,802 shares of the company’s stock, valued at $2,050,105.54. The disclosure for this sale can be found here.

A number of large investors have recently made changes to their positions in the stock. California Public Employees Retirement System increased its stake in shares of Northwest Bancshares by 5.8% in the fourth quarter. California Public Employees Retirement System now owns 398,150 shares of the company’s stock valued at $5,331,000 after buying an additional 21,900 shares during the period. Robeco Institutional Asset Management B.V. increased its stake in shares of Northwest Bancshares by 25.4% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 1,761,210 shares of the company’s stock valued at $23,583,000 after buying an additional 356,582 shares during the period. TD Asset Management Inc. increased its stake in shares of Northwest Bancshares by 9.7% in the fourth quarter. TD Asset Management Inc. now owns 169,900 shares of the company’s stock valued at $2,275,000 after buying an additional 15,000 shares during the period. Comerica Bank increased its stake in shares of Northwest Bancshares by 5.4% in the fourth quarter. Comerica Bank now owns 249,990 shares of the company’s stock valued at $3,165,000 after buying an additional 12,711 shares during the period. Finally, California State Teachers Retirement System increased its stake in shares of Northwest Bancshares by 1.7% in the fourth quarter. California State Teachers Retirement System now owns 188,178 shares of the company’s stock valued at $2,520,000 after buying an additional 3,055 shares during the period.

Northwest Bancshares, Inc is a savings and loan holding company. The Company’s principal business consists of attracting deposits and making loans secured by various types of collateral, including real estate and other assets in the markets in which it operates. The Company operates through two segments: Community Banking and Consumer Finance.

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