2 weeks Ago By Defense World Staff
LPL Financial LLC lifted its holdings in NorthWestern Energy Group, Inc. (NYSE:NWE – Free Report) by 18.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission.
The firm owned 27,670 shares of the company’s stock after buying an additional 4,389 shares during the period. LPL Financial LLC’s holdings in NorthWestern Energy Group were worth $1,479,000 as of its most recent SEC filing. Several other institutional investors and hedge funds also recently bought and sold shares of NWE.
Assenagon Asset Management S.A. acquired a new position in NorthWestern Energy Group in the fourth quarter worth approximately $401,000.
Envestnet Portfolio Solutions Inc. lifted its stake in shares of NorthWestern Energy Group by 14.0% in the fourth quarter.
Envestnet Portfolio Solutions Inc. now owns 22,989 shares of the company’s stock valued at $1,229,000 after buying an additional 2,828 shares during the period. Barclays PLC lifted its position in shares of NorthWestern Energy Group by 204.
7% in the 3rd quarter. Barclays PLC now owns 110,571 shares of the company’s stock worth $6,327,000 after acquiring an additional 74,278 shares during the period. Sanctuary Advisors LLC bought a new position in NorthWestern Energy Group in the third quarter worth $286,000.
Finally, Sumitomo Mitsui Trust Group Inc. acquired a new stake in shares of NorthWestern Energy Group during the 4th quarter valued at about $262,000. Hedge funds and other institutional investors own 96.
07% of the company’s stock. Insiders Place Their BetsIn other NorthWestern Energy Group news, Director Britt E. Ide sold 702 shares of the stock in a transaction on Tuesday, February 25th.
The shares were sold at an average price of $54.32, for a total value of $38,132.64.
Following the completion of the sale, the director now owns 11,021 shares in the company, valued at $598,660.72. This trade represents a 5.
99 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.
94% of the company’s stock. Analyst Upgrades and DowngradesSeveral analysts recently commented on NWE shares. Barclays decreased their price target on NorthWestern Energy Group from $57.
00 to $56.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 19th. Wells Fargo & Company raised their price target on shares of NorthWestern Energy Group from $60.
00 to $62.00 and gave the company an “overweight” rating in a report on Monday. LADENBURG THALM/SH SH raised NorthWestern Energy Group from a “neutral” rating to a “buy” rating and set a $57.
50 price objective for the company in a report on Wednesday, January 15th. Finally, Guggenheim upgraded shares of NorthWestern Energy Group from a “neutral” rating to a “buy” rating in a research report on Thursday, January 23rd. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock.
According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $59.42.
Check Out Our Latest Stock Report on NWENorthWestern Energy Group Trading Up 1.9 %NYSE:NWE opened at $58.77 on Friday.
The company has a debt-to-equity ratio of 0.94, a current ratio of 0.52 and a quick ratio of 0.
37. NorthWestern Energy Group, Inc. has a fifty-two week low of $48.
47 and a fifty-two week high of $59.52. The business’s 50-day simple moving average is $55.
55 and its 200-day simple moving average is $54.56. The stock has a market capitalization of $3.
60 billion, a PE ratio of 16.10, a price-to-earnings-growth ratio of 2.40 and a beta of 0.
33. NorthWestern Energy Group Increases DividendThe firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were given a $0.
66 dividend. This represents a $2.64 dividend on an annualized basis and a dividend yield of 4.
49%. The ex-dividend date was Friday, March 14th. This is a positive change from NorthWestern Energy Group’s previous quarterly dividend of $0.
65. NorthWestern Energy Group’s payout ratio is currently 72.33%.
NorthWestern Energy Group Profile (Free Report)NorthWestern Energy Group, Inc provides electricity and natural gas to residential, commercial, and various industrial customers. It generates, purchases, transmits, and distributes electricity; and produces, purchases, stores, transmits, and distributes natural gas, as well as owns municipal franchises to provide natural gas service in the communities.Recommended StoriesFive stocks we like better than NorthWestern Energy GroupWhat is a penny stock? A comprehensive guideTariff Exemptions Set the Stage for a Taiwan Semiconductor RallyHow the NYSE and NASDAQ are Different, Why That Matters to InvestorsMitigating Tariffs: 3 Stocks to Gain From a Weaker U.
S. DollarWhat is a Special Dividend?Broadcom’s Apple Relationship: AI Opportunity Meets Tariff RiskWant to see what other hedge funds are holding NWE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NorthWestern Energy Group, Inc.
(NYSE:NWE – Free Report)..
