2 weeks Ago By ABMN Staff
Russell Investments Group Ltd. reduced its position in NorthWestern Energy Group, Inc. ( NYSE:NWE – Free Report ) by 6.
9% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 128,321 shares of the company’s stock after selling 9,455 shares during the period. Russell Investments Group Ltd.
owned about 0.21% of NorthWestern Energy Group worth $6,860,000 at the end of the most recent reporting period. Several other institutional investors also recently bought and sold shares of the business.
S.A. Mason LLC acquired a new position in shares of NorthWestern Energy Group during the 4th quarter valued at about $30,000.
Wilmington Savings Fund Society FSB purchased a new position in NorthWestern Energy Group during the third quarter worth approximately $35,000. AdvisorNet Financial Inc boosted its holdings in shares of NorthWestern Energy Group by 29.3% in the 4th quarter.
AdvisorNet Financial Inc now owns 883 shares of the company’s stock valued at $47,000 after purchasing an additional 200 shares during the last quarter. Steward Partners Investment Advisory LLC grew its stake in shares of NorthWestern Energy Group by 91.9% during the 4th quarter.
Steward Partners Investment Advisory LLC now owns 971 shares of the company’s stock valued at $52,000 after buying an additional 465 shares during the period. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of NorthWestern Energy Group by 280.7% during the 4th quarter.
EverSource Wealth Advisors LLC now owns 1,203 shares of the company’s stock worth $64,000 after buying an additional 887 shares during the last quarter. 96.07% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets A number of brokerages recently weighed in on NWE. Guggenheim upgraded NorthWestern Energy Group from a “neutral” rating to a “buy” rating in a report on Thursday, January 23rd. LADENBURG THALM/SH SH upgraded NorthWestern Energy Group from a “neutral” rating to a “buy” rating and set a $57.
50 target price for the company in a report on Wednesday, January 15th. Finally, Barclays cut their price target on shares of NorthWestern Energy Group from $57.00 to $56.
00 and set an “overweight” rating on the stock in a report on Wednesday, February 19th. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.
com, NorthWestern Energy Group currently has a consensus rating of “Moderate Buy” and an average target price of $59.25. NorthWestern Energy Group Stock Performance NorthWestern Energy Group stock opened at $56.
26 on Monday. The firm has a market capitalization of $3.45 billion, a PE ratio of 15.
41, a price-to-earnings-growth ratio of 2.40 and a beta of 0.33.
NorthWestern Energy Group, Inc. has a one year low of $47.48 and a one year high of $59.
52. The stock’s 50 day moving average price is $55.21 and its 200 day moving average price is $54.
51. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.
37 and a current ratio of 0.52. NorthWestern Energy Group Increases Dividend The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st.
Investors of record on Friday, March 14th were paid a $0.66 dividend. This is a boost from NorthWestern Energy Group’s previous quarterly dividend of $0.
65. The ex-dividend date was Friday, March 14th. This represents a $2.
64 annualized dividend and a dividend yield of 4.69%. NorthWestern Energy Group’s payout ratio is 72.
33%. Insider Activity at NorthWestern Energy Group In related news, Director Britt E. Ide sold 702 shares of NorthWestern Energy Group 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 approximately $598,660.72. The trade was a 5.
99 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link . 0.
94% of the stock is currently owned by company insiders. About NorthWestern Energy Group ( 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.
Further Reading Want 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 ).
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