2 weeks Ago By Defense World Staff
Envestnet Asset Management Inc. boosted its stake in shares of NorthWestern Energy Group, Inc. ( NYSE:NWE – Free Report ) by 4.
4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 133,108 shares of the company’s stock after buying an additional 5,650 shares during the quarter. Envestnet Asset Management Inc.
owned 0.22% of NorthWestern Energy Group worth $7,116,000 as of its most recent SEC filing. A number of other institutional investors have also made changes to their positions in the stock.
Assenagon Asset Management S.A. acquired a new stake in NorthWestern Energy Group in the 4th quarter valued at approximately $401,000.
Envestnet Portfolio Solutions Inc. raised its holdings in shares of NorthWestern Energy Group by 14.0% in the 4th 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 stake in NorthWestern Energy Group by 204.
7% during 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 in the last quarter. Sanctuary Advisors LLC purchased a new position in NorthWestern Energy Group during the 3rd quarter valued at about $286,000.
Finally, Sumitomo Mitsui Trust Group Inc. acquired a new position in NorthWestern Energy Group in the 4th quarter valued at about $262,000. 96.
07% of the stock is currently owned by institutional investors and hedge funds. Wall Street Analysts Forecast Growth A number of equities research analysts have issued reports on NWE shares. Guggenheim upgraded shares of NorthWestern Energy Group from a “neutral” rating to a “buy” rating in a report on Thursday, January 23rd.
Wells Fargo & Company lifted their target price on NorthWestern Energy Group from $60.00 to $62.00 and gave the company an “overweight” rating in a report on Monday, April 14th.
Barclays lowered their price objective on NorthWestern Energy Group from $57.00 to $56.00 and set an “overweight” rating for the company in a research report on Wednesday, February 19th.
Finally, LADENBURG THALM/SH SH upgraded shares of NorthWestern Energy Group from a “neutral” rating to a “buy” rating and set a $57.50 price target for the company in a research note on Wednesday, January 15th. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company.
According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $59.42.
Insider Buying and Selling at NorthWestern Energy Group In other news, Director Britt E. Ide sold 702 shares of the business’s stock in a transaction dated 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 of the company’s stock, valued at approximately $598,660.
72. The trade was a 5.99 % decrease in their position.
The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website . 0.94% of the stock is currently owned by corporate insiders.
NorthWestern Energy Group Stock Up 1.9 % Shares of NYSE:NWE opened at $58.77 on Monday.
The company has a 50 day moving average of $55.63 and a two-hundred day moving average of $54.55.
NorthWestern Energy Group, Inc. has a 52-week low of $48.52 and a 52-week high of $59.
52. The company has a quick ratio of 0.37, a current ratio of 0.
52 and a debt-to-equity ratio of 0.94. The company has a market capitalization of $3.
60 billion, a price-to-earnings ratio of 16.10, a price-to-earnings-growth ratio of 2.40 and a beta of 0.
33. NorthWestern Energy Group Increases Dividend The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were issued a dividend of $0.
66 per share. The ex-dividend date of this dividend was Friday, March 14th. This is an increase from NorthWestern Energy Group’s previous quarterly dividend of $0.
65. This represents a $2.64 annualized dividend and a yield of 4.
49%. NorthWestern Energy Group’s payout ratio is currently 72.33%.
NorthWestern Energy Group Company 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. Read More Five stocks we like better than NorthWestern Energy Group Following Congress Stock Trades With a 60%+ Upside, There’s Plenty to Love About Lovesac 3 Best Fintech Stocks for a Portfolio Boost J.
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