Campbell & CO Investment Adviser LLC Purchases 60,130 Shares of NorthWestern Energy Group, Inc. $NWE

Campbell & CO Investment Adviser LLC increased its position in shares of NorthWestern Energy Group, Inc. (NYSE:NWE) by 1,421.8% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 64,359 shares of the company’s stock after buying an additional 60,130 shares during the period. Campbell & CO Investment Adviser LLC owned 0.10% of NorthWestern Energy Group worth $3,302,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Principal Financial Group Inc. increased its position in NorthWestern Energy Group by 4.1% during the first quarter. Principal Financial Group Inc. now owns 181,192 shares of the company’s stock worth $10,486,000 after acquiring an additional 7,177 shares during the period. Sequoia Financial Advisors LLC bought a new stake in NorthWestern Energy Group in the 2nd quarter valued at $347,000. EntryPoint Capital LLC acquired a new stake in NorthWestern Energy Group in the 1st quarter worth $356,000. Wealth Enhancement Advisory Services LLC acquired a new stake in NorthWestern Energy Group in the 2nd quarter worth $321,000. Finally, Ieq Capital LLC increased its holdings in shares of NorthWestern Energy Group by 298.7% during the 1st quarter. Ieq Capital LLC now owns 15,542 shares of the company’s stock worth $899,000 after purchasing an additional 11,644 shares during the period. 96.07% of the stock is currently owned by institutional investors and hedge funds.

NorthWestern Energy Group Stock Up 2.8%

Shares of NWE opened at $65.02 on Monday. The company has a quick ratio of 0.37, a current ratio of 0.52 and a debt-to-equity ratio of 0.94. The company has a 50-day moving average price of $58.66 and a two-hundred day moving average price of $55.90. The stock has a market cap of $3.99 billion, a price-to-earnings ratio of 17.81, a P/E/G ratio of 2.40 and a beta of 0.42. NorthWestern Energy Group, Inc. has a 12 month low of $50.43 and a 12 month high of $65.69.

NorthWestern Energy Group (NYSE:NWE) last issued its earnings results on Thursday, October 30th. The company reported $0.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.75 by $0.04. NorthWestern Energy Group had a return on equity of 7.40% and a net margin of 14.81%.The business’s revenue was up 12.1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.65 earnings per share. Equities analysts predict that NorthWestern Energy Group, Inc. will post 3.63 EPS for the current fiscal year.

NorthWestern Energy Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th will be paid a $0.66 dividend. This represents a $2.64 annualized dividend and a dividend yield of 4.1%. The ex-dividend date is Monday, December 15th. NorthWestern Energy Group’s payout ratio is currently 74.79%.

Wall Street Analyst Weigh In

NWE has been the subject of several research reports. Wells Fargo & Company started coverage on shares of NorthWestern Energy Group in a research note on Monday, October 27th. They issued an “equal weight” rating and a $58.00 target price for the company. Barclays raised their price objective on NorthWestern Energy Group from $56.00 to $61.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 21st. Two equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $58.75.

NorthWestern Energy Group 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.