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Schroder Investment Management Group Has $49.22 Million Stake in NiSource, Inc $NI
Schroder Investment Management Group significantly increased its stake in NiSource, Inc. to $49.22 million, now owning 0.24% of the company’s shares. This comes as several other institutional investors have also adjusted their positions in NiSource, which currently holds a “Moderate Buy” consensus rating from analysts with an average target price of $47.20. NiSource recently reported strong quarterly earnings, topping analyst estimates, and increased its quarterly dividend.