St Germain D J Co Inc buys $3,177,371 stake in Northwest Bancshares (NWBI)

Northwest Bancshares (NWBI) : St Germain D J Co Inc scooped up 1,205 additional shares in Northwest Bancshares during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 21, 2016. The investment management firm now holds a total of 233,116 shares of Northwest Bancshares which is valued at $3,177,371.Northwest Bancshares makes up approximately 0.45% of St Germain D J Co Inc’s portfolio.

Northwest Bancshares closed down -0.17 points or -1.23% at $13.66 with 5,57,408 shares getting traded on Wednesday. Post opening the session at $13.82, the shares hit an intraday low of $13.525 and an intraday high of $13.86 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

Other Hedge Funds, Including , Capstone Asset Management Co reduced its stake in NWBI by selling 2,010 shares or 7.27% in the most recent quarter. The Hedge Fund company now holds 25,640 shares of NWBI which is valued at $352,037. Northwest Bancshares makes up approx 0.01% of Capstone Asset Management Co’s portfolio.

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. Its subsidiary Northwest Bank is a Pennsylvania-chartered stock savings bank. Northwest Bank is a community-oriented financial institution offering personal and business banking solutions investment management and trust services and insurance products. Through a wholly owned subsidiary Northwest Consumer Discount Company it also offers consumer finance loans. The Company provides banking services approximately through 182 branch locations and 297 automated teller machines (ATMs) in four states. It operates over 51 consumer finance offices in Pennsylvania through its subsidiary Northwest Consumer Discount Company.

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