4,532 Shares in NorthWestern Energy Group, Inc. (NYSE:NWE) Purchased by Captrust Financial Advisors

Captrust Financial Advisors purchased a new position in shares of NorthWestern Energy Group, Inc. (NYSE:NWE) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 4,532 shares of the company’s stock, valued at approximately $259,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Martingale Asset Management L P raised its stake in NorthWestern Energy Group by 5.6% during the third quarter. Martingale Asset Management L P now owns 46,441 shares of the company’s stock worth $2,657,000 after purchasing an additional 2,460 shares during the period. BNP Paribas Financial Markets raised its stake in NorthWestern Energy Group by 46.9% during the third quarter. BNP Paribas Financial Markets now owns 23,911 shares of the company’s stock worth $1,368,000 after purchasing an additional 7,629 shares during the period. FMR LLC raised its stake in NorthWestern Energy Group by 17.0% during the third quarter. FMR LLC now owns 759,804 shares of the company’s stock worth $43,476,000 after purchasing an additional 110,461 shares during the period. Cerity Partners LLC raised its stake in NorthWestern Energy Group by 38.3% during the third quarter. Cerity Partners LLC now owns 7,672 shares of the company’s stock worth $439,000 after purchasing an additional 2,125 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its stake in 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 purchasing an additional 19,542 shares during the period. 96.07% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other NorthWestern Energy Group news, Director Anthony Thomas Clark sold 7,400 shares of the business’s stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $51.95, for a total transaction of $384,430.00. Following the completion of the transaction, the director now owns 16,816 shares in the company, valued at $873,591.20. The trade was a 30.56 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Britt E. Ide sold 700 shares of the business’s stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $53.57, for a total transaction of $37,499.00. Following the transaction, the director now owns 10,888 shares of the company’s stock, valued at $583,270.16. This trade represents a 6.04 % decrease in their position. The disclosure for this sale can be found here. 0.94% of the stock is owned by insiders.

NorthWestern Energy Group Price Performance

Shares of NWE opened at $50.93 on Monday. NorthWestern Energy Group, Inc. has a fifty-two week low of $46.15 and a fifty-two week high of $57.49. The firm’s 50 day moving average price is $54.60 and its 200 day moving average price is $53.38. The company has a market cap of $3.12 billion, a P/E ratio of 13.73, a PEG ratio of 2.51 and a beta of 0.48. The company has a quick ratio of 0.30, a current ratio of 0.45 and a debt-to-equity ratio of 0.91.

NorthWestern Energy Group (NYSE:NWE) last announced its earnings results on Monday, October 28th. The company reported $0.65 earnings per share for the quarter, missing the consensus estimate of $0.70 by ($0.05). NorthWestern Energy Group had a return on equity of 7.95% and a net margin of 15.15%. The business had revenue of $345.20 million for the quarter, compared to analysts’ expectations of $344.06 million. During the same period in the previous year, the company earned $0.49 earnings per share. On average, research analysts forecast that NorthWestern Energy Group, Inc. will post 3.39 earnings per share for the current fiscal year.

NorthWestern Energy Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be paid a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a yield of 5.11%. The ex-dividend date of this dividend is Friday, December 13th. NorthWestern Energy Group’s payout ratio is currently 70.08%.

Analysts Set New Price Targets

A number of brokerages have commented on NWE. JPMorgan Chase & Co. lifted their target price 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. Bank of America assumed coverage on shares of NorthWestern Energy Group in a research note on Thursday, September 12th. They issued a “buy” rating and a $65.00 price target on the stock. Wells Fargo & Company boosted their price target on shares of NorthWestern Energy Group from $58.00 to $61.00 and gave the company an “overweight” rating in a research note on Wednesday, October 16th. StockNews.com downgraded shares of NorthWestern Energy Group from a “buy” rating to a “hold” rating in a research note on Tuesday, October 8th. Finally, Mizuho boosted their price target on shares of NorthWestern Energy Group from $52.00 to $56.00 and gave the company a “neutral” rating in a research note on Wednesday, October 9th. One analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, NorthWestern Energy Group presently has an average rating of “Hold” and a consensus target price of $57.00.

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.