Vanguard Group Inc. Purchases 56,180 Shares of NorthWestern Energy Group, Inc. (NYSE:NWE)

Vanguard Group Inc. lifted its position in shares of NorthWestern Energy Group, Inc. (NYSE:NWE) by 0.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,849,519 shares of the company’s stock after acquiring an additional 56,180 shares during the period. Vanguard Group Inc. owned approximately 11.17% of NorthWestern Energy Group worth $366,175,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the company. S.A. Mason LLC bought a new stake in shares of NorthWestern Energy Group in the 4th quarter worth $30,000. Wilmington Savings Fund Society FSB bought a new stake in NorthWestern Energy Group in the 3rd quarter worth about $35,000. AdvisorNet Financial Inc increased its holdings in NorthWestern Energy Group by 29.3% in the 4th quarter. AdvisorNet Financial Inc now owns 883 shares of the company’s stock worth $47,000 after buying an additional 200 shares in the last quarter. Steward Partners Investment Advisory LLC raised its position in NorthWestern Energy Group by 91.9% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 971 shares of the company’s stock worth $52,000 after buying an additional 465 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its stake in NorthWestern Energy Group by 280.7% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,203 shares of the company’s stock valued at $64,000 after acquiring an additional 887 shares during the period. 96.07% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other NorthWestern Energy Group news, Director Britt E. Ide sold 702 shares of the business’s 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 sale, the director now owns 11,021 shares in the company, valued at $598,660.72. The trade was a 5.99 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.94% of the stock is owned by insiders.

NorthWestern Energy Group Trading Up 0.7 %

Shares of NorthWestern Energy Group stock opened at $58.90 on Thursday. NorthWestern Energy Group, Inc. has a 1-year low of $47.48 and a 1-year high of $58.99. The company’s fifty day simple moving average is $54.89 and its 200-day simple moving average is $54.57. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.52 and a quick ratio of 0.37. The stock has a market capitalization of $3.61 billion, a PE ratio of 16.14, a P/E/G ratio of 2.40 and a beta of 0.33.

NorthWestern Energy Group Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were paid a dividend of $0.66 per share. This represents a $2.64 annualized dividend and a yield of 4.48%. 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. NorthWestern Energy Group’s dividend payout ratio (DPR) is 72.33%.

Analyst Ratings Changes

A number of brokerages have recently commented on NWE. Barclays reduced their price target on shares of NorthWestern Energy Group from $57.00 to $56.00 and set an “overweight” rating for the company in a research note on Wednesday, February 19th. LADENBURG THALM/SH SH raised shares of NorthWestern Energy Group from a “neutral” rating to a “buy” rating and set a $57.50 target price for the company in a research report on Wednesday, January 15th. Finally, Guggenheim upgraded shares of NorthWestern Energy Group from a “neutral” rating to a “buy” rating in a research note on Thursday, January 23rd. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, NorthWestern Energy Group has a consensus rating of “Moderate Buy” and an average price target of $59.25.

NorthWestern Energy Group Company Profile

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.