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

Several research analysts have weighed in on NWBI shares. Royal Bank Of Canada lifted their target price on Northwest Bancshares from $14.00 to $15.00 and gave the stock an “outperform” rating in a report on Monday, May 2nd. Zacks Investment Research lowered Northwest Bancshares from a “hold” rating to a “sell” rating in a report on Tuesday, April 26th. Finally, FBR & Co started coverage on Northwest Bancshares in a report on Wednesday, June 1st. They set a “market perform” rating and a $14.00 target price on the stock.

The stock has a market cap of $1.54 billion and a PE ratio of 23.55. The stock’s 50 day moving average is $14.63 and its 200-day moving average is $13.56.

Northwest Bancshares (NASDAQ:NWBI) last announced its quarterly earnings results on Friday, April 22nd. The company reported $0.18 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.18. On average, analysts forecast that Northwest Bancshares Inc. will post $0.75 earnings per share for the current fiscal year.

In other news, EVP Andrew Young sold 8,425 shares of the company’s stock in a transaction on Tuesday, June 14th. The shares were sold at an average price of $14.37, for a total transaction of $121,067.25. Following the completion of the transaction, the executive vice president now directly owns 56,111 shares in the company, valued at $806,315.07. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Philip M. Tredway sold 10,468 shares of the company’s stock in a transaction on Tuesday, May 3rd. The stock was sold at an average price of $13.77, for a total transaction of $144,144.36. Following the transaction, the director now owns 28,184 shares of the company’s stock, valued at $388,093.68. The disclosure for this sale can be found here.

A number of hedge funds recently bought and sold shares of NWBI. Nationwide Fund Advisors increased its stake in Northwest Bancshares by 3.8% in the fourth quarter. Nationwide Fund Advisors now owns 76,940 shares of the company’s stock worth $1,030,000 after buying an additional 2,837 shares during the last quarter. California State Teachers Retirement System increased its stake in Northwest Bancshares by 1.7% in the fourth quarter. California State Teachers Retirement System now owns 188,178 shares of the company’s stock worth $2,520,000 after buying an additional 3,055 shares during the last quarter. Rhumbline Advisers increased its stake in Northwest Bancshares by 2.5% in the fourth quarter. Rhumbline Advisers now owns 192,997 shares of the company’s stock worth $2,584,000 after buying an additional 4,660 shares during the last quarter. American Century Companies Inc. increased its stake in Northwest Bancshares by 5.1% in the fourth quarter. American Century Companies Inc. now owns 109,923 shares of the company’s stock worth $1,472,000 after buying an additional 5,337 shares during the last quarter. Finally, New York State Common Retirement Fund increased its stake in Northwest Bancshares by 8.6% in the fourth quarter. New York State Common Retirement Fund now owns 93,600 shares of the company’s stock worth $1,253,000 after buying an additional 7,400 shares during the last quarter.

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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