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Magellan Asset Management cut its NiSource stake by 12.6%, yet the company retains a "Buy" rating.
Magellan Asset Management Ltd reduced its stake in NiSource Inc. by 12.6% in the fourth quarter, now owning $13 million worth of shares.
Despite this, NiSource has a "Buy" rating and a target price of $39.33.
The company reported a net margin of 13.94% and a return on equity of 7.87% in the last quarter.
Additionally, New Age Alpha Advisors acquired a 4.43% stake, further indicating investor interest.
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Magallanes Asset Management redujo su participación en NiSource en un 12,6%, sin embargo, la compañía conserva una calificación de "Comprar".