NorthWestern Energy Group, Inc. (NYSE:NWE) Shares Sold by Dean Investment Associates LLC

Dean Investment Associates LLC lessened its holdings in shares of NorthWestern Energy Group, Inc. (NYSE:NWE) by 64.6% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 27,336 shares of the company’s stock after selling 49,801 shares during the quarter. Dean Investment Associates LLC’s holdings in NorthWestern Energy Group were worth $1,461,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of NWE. S.A. Mason LLC acquired a new stake in shares of NorthWestern Energy Group in the fourth quarter worth $30,000. Wilmington Savings Fund Society FSB acquired a new stake in NorthWestern Energy Group in the 3rd quarter valued at $35,000. AdvisorNet Financial Inc raised its position in NorthWestern Energy Group by 29.3% in the fourth 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 period. Steward Partners Investment Advisory LLC raised its position in NorthWestern Energy Group by 91.9% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 971 shares of the company’s stock valued at $52,000 after purchasing an additional 465 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its stake in shares of NorthWestern Energy Group by 280.7% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,203 shares of the company’s stock worth $64,000 after purchasing an additional 887 shares in the last quarter. Hedge funds and other institutional investors own 96.07% of the company’s stock.

NorthWestern Energy Group Trading Up 1.9 %

NWE opened at $58.77 on Friday. NorthWestern Energy Group, Inc. has a 12-month low of $48.47 and a 12-month high of $59.52. 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 $3.60 billion, a PE ratio of 16.10, a P/E/G ratio of 2.40 and a beta of 0.33. The firm’s fifty day moving average price is $55.55 and its 200 day moving average price is $54.56.

NorthWestern Energy Group Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were given a dividend of $0.66 per share. 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 4.49%. NorthWestern Energy Group’s dividend payout ratio (DPR) is presently 72.33%.

Wall Street Analyst Weigh In

NWE has been the topic of several analyst reports. LADENBURG THALM/SH SH upgraded NorthWestern Energy Group from a “neutral” rating to a “buy” rating and set a $57.50 target price on the stock in a report on Wednesday, January 15th. Wells Fargo & Company lifted their price objective on shares of NorthWestern Energy Group from $60.00 to $62.00 and gave the company an “overweight” rating in a research note on Monday. Guggenheim upgraded shares of NorthWestern Energy Group from a “neutral” rating to a “buy” rating in a research note on Thursday, January 23rd. Finally, Barclays dropped 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 research note on Wednesday, February 19th. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, NorthWestern Energy Group has a consensus rating of “Moderate Buy” and a consensus target price of $59.42.

Insider Buying and Selling

In other NorthWestern Energy Group news, Director Britt E. Ide sold 702 shares of the stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $54.32, for a total transaction of $38,132.64. Following the transaction, the director now owns 11,021 shares of the company’s stock, valued at $598,660.72. This trade represents a 5.99 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.94% of the company’s stock.

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.