Is It Crazy To Buy NiSource Inc. (NI) And Fang Holdings Limited (SFUN)?

The shares of NiSource Inc. (NYSE:NI) has been pegged with a rating of Neutral by Credit Suisse in its latest research note that was published on August 7th, 2019. Credit Suisse wasn’t the only research firm that published a report of NiSource Inc., with other equities research analysts also giving their opinion on the stock. Wolfe Research advised investors in its research note published on August 5th, 2019, to Peer Perform the NI stock. The stock had earned Buy rating from Argus when it published its report on July 24th, 2019. That day the Argus set price target on the stock to $32. The stock was given Neutral rating by BofA/Merrill in its report released on April 22nd, 2019. Goldman was of a view that NI is Buy in its latest report on April 8th, 2019 while giving it a price target of $29. Guggenheim thinks that NI is worth Buy rating. This was contained in the firm’s report on January 7th, 2019.

Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 6 believe it has the potential for further growth, thus rating it as Hold while 4 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $29.68. The price of the stock the last time has raised by 18.69% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 46.72.

The shares of the company added by 0.21% during the trading session on Tuesday, reaching a low of $28.46 while ending the day at $28.71. During the trading session, a total of 4.2 million shares were traded which represents a -44.88% decline from the average session volume which is 2.90M shares. NI had ended its last session trading at 28.65. NiSource Inc. currently has a market cap of $10.81B, while its P/E ratio stands at 95.70, while its P/E earnings growth sits at 2.06, with a beta of 0.22. NiSource Inc. debt-to-equity ratio currently stands at 1.81, while its quick ratio hovers at 0.30. NI 52-week low price stands at $24.19 while its 52-week high price is $30.34.

The company in its last quarterly report recorded $0.82 earnings per share which is above the $0.77 predicted by most analysts. The NiSource Inc. generated $1,869.80 million in revenue during the last quarter, which is slightly higher than the $1,825.14 million predicted by analysts. In the second quarter last year, the firm recorded $0.38 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 53.66%. NiSource Inc. has the potential to record 0.30 EPS for the current fiscal year, according to equities analysts.

Investment analysts at BofA/Merrill published a research note on February 19th, 2019 where it informed investors and clients that Fang Holdings Limited (NYSE:SFUN) is now rated as Underperform. Wolfe Research also rated SFUN as Downgrade on August 5th, 2019, with its price target of $2 suggesting that SFUN could surge by 79.5% from its current share price. Even though the stock has been trading at $1.49/share, analysts expect it to surge higher by 10.07% to reach $8.00/share. It started the day trading at $1.69 and traded between $1.48 and $1.64 throughout the trading session.

A look at its technical shows that SFUN’s 50-day SMA is 3.20 while its 200-day SMA stands at 6.62. At the moment, only of Fang Holdings Limited shares were sold short. The company’s average trading volume currently stands at 257.88K shares, which means that the short-interest ratio is just 7.60 days. Over the past seven days, the company moved, with its shift of -12.30%. Looking further, the stock has dropped -72.99% over the past 90 days while it lost -75.11% over the last six months.

The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. HSBC Global Asset Management bought more SFUN shares, increasing its portfolio by +0.11% during the last quarter. This move now sees HSBC Global Asset Management purchasing 4,404 shares in the last quarter, thus it now holds 4,102,756 shares of SFUN, with a total valuation of $8,492,705. FIL Investment Management meanwhile sold more SFUN shares in the recently filed quarter, changing its stake to $6,988,105 worth of shares. Morgan Stanley Co LLC followed the path by increasing its SFUN portfolio by +2.02% in the quarter. This means that Morgan Stanley Co LLC bought 50,968 shares in the last quarter and now controls 2,578,571 shares of the SFUN stock, with the valuation hitting $5,337,642.

Similarly, Merrill Lynch Pierce Fenner S decreased its Fang Holdings Limited shares by -0.64% during the recently filed quarter. After selling -9,966 shares in the last quarter, the firm now controls 1,551,602 shares of Fang Holdings Limited which are valued at $3,211,816. In the same vein, Goldman Sachs Co LLC decreased its Fang Holdings Limited shares by during the most recent reported quarter. The firm sold -8,290 shares during the quarter which decreased its stakes to 1,492,129 shares and is now valued at $3,088,707. Following these latest developments, around 84.20% of Fang Holdings Limited stocks are owned by institutional investors and hedge funds.