NorthWestern Energy Group, Inc. (NYSE:NWE) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC decreased its holdings in shares of NorthWestern Energy Group, Inc. (NYSE:NWE) by 4.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,470 shares of the company’s stock after selling 1,065 shares during the quarter. Yousif Capital Management LLC’s holdings in NorthWestern Energy Group were worth $1,148,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. State Street Corp grew its holdings in NorthWestern Energy Group by 1.7% during the 3rd quarter. State Street Corp now owns 2,504,400 shares of the company’s stock valued at $143,302,000 after purchasing an additional 42,104 shares in the last quarter. River Road Asset Management LLC boosted its position in NorthWestern Energy Group by 0.7% in the 3rd quarter. River Road Asset Management LLC now owns 2,235,009 shares of the company’s stock valued at $127,887,000 after buying an additional 14,654 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of NorthWestern Energy Group by 2.3% during the third quarter. Geode Capital Management LLC now owns 1,536,518 shares of the company’s stock valued at $87,935,000 after acquiring an additional 35,279 shares in the last quarter. Systematic Financial Management LP increased its position in shares of NorthWestern Energy Group by 11.8% during the third quarter. Systematic Financial Management LP now owns 1,070,434 shares of the company’s stock worth $61,250,000 after acquiring an additional 113,265 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in shares of NorthWestern Energy Group by 2.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 848,294 shares of the company’s stock worth $48,539,000 after acquiring an additional 19,542 shares during the last quarter. Institutional investors and hedge funds own 96.07% of the company’s stock.

Insiders Place Their Bets

In related news, Director Anthony Thomas Clark sold 7,400 shares of NorthWestern Energy Group stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $51.95, for a total value of $384,430.00. Following the completion of the sale, the director now owns 16,816 shares of the company’s stock, valued at approximately $873,591.20. The trade was a 30.56 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Britt E. Ide sold 700 shares of the business’s stock in a transaction dated Monday, December 9th. The stock was sold at an average price of $53.57, for a total value of $37,499.00. Following the completion of the sale, the director now directly owns 10,888 shares of the company’s stock, valued at $583,270.16. This represents a 6.04 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.94% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on NWE shares. Guggenheim upgraded NorthWestern Energy Group from a “neutral” rating to a “buy” rating in a research note on Thursday, January 23rd. Barclays increased their target price on NorthWestern Energy Group from $56.00 to $57.00 and gave the company an “overweight” rating in a research note on Wednesday, January 22nd. JPMorgan Chase & Co. lifted their price target on shares of NorthWestern Energy Group from $56.00 to $60.00 and gave the stock a “neutral” rating in a research note on Monday, October 21st. Finally, LADENBURG THALM/SH SH raised shares of NorthWestern Energy Group from a “neutral” rating to a “buy” rating and set a $57.50 price target on the stock in a report on Wednesday, January 15th. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $59.42.

NorthWestern Energy Group Stock Performance

Shares of NWE opened at $52.87 on Friday. NorthWestern Energy Group, Inc. has a one year low of $46.40 and a one year high of $57.49. The company has a 50-day moving average of $53.11 and a two-hundred day moving average of $54.14. The company has a debt-to-equity ratio of 0.91, a current ratio of 0.45 and a quick ratio of 0.30. The stock has a market cap of $3.24 billion, a price-to-earnings ratio of 14.25, a PEG ratio of 2.40 and a beta of 0.48.

NorthWestern Energy Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be paid a $0.66 dividend. 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 4.99%. The ex-dividend date is Friday, March 14th. NorthWestern Energy Group’s dividend payout ratio is currently 70.08%.

About NorthWestern Energy Group

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.