792 Shares in NorthWestern Energy Group, Inc. (NYSE:NWE) Purchased by GAMMA Investing LLC

GAMMA Investing LLC acquired a new stake in shares of NorthWestern Energy Group, Inc. (NYSE:NWEFree Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 792 shares of the company’s stock, valued at approximately $38,000.

A number of other hedge funds have also recently bought and sold shares of the company. CWM LLC boosted its position in shares of NorthWestern Energy Group by 499.5% in the fourth quarter. CWM LLC now owns 1,127 shares of the company’s stock worth $57,000 after acquiring an additional 939 shares during the last quarter. Tucker Asset Management LLC boosted its stake in shares of NorthWestern Energy Group by 32.7% in the third quarter. Tucker Asset Management LLC now owns 1,875 shares of the company’s stock valued at $90,000 after purchasing an additional 462 shares during the period. Quantbot Technologies LP increased its stake in NorthWestern Energy Group by 1,233.1% during the 3rd quarter. Quantbot Technologies LP now owns 2,373 shares of the company’s stock worth $114,000 after buying an additional 2,195 shares during the period. C M Bidwell & Associates Ltd. purchased a new stake in shares of NorthWestern Energy Group during the third quarter worth about $126,000. Finally, Mackenzie Financial Corp acquired a new position in shares of NorthWestern Energy Group in the fourth quarter worth about $201,000. Institutional investors and hedge funds own 96.07% of the company’s stock.

Insider Buying and Selling

In related news, VP Bobbi L. Schroeppel sold 1,350 shares of the business’s stock in a transaction that occurred on Wednesday, May 1st. The stock was sold at an average price of $50.75, for a total transaction of $68,512.50. Following the sale, the vice president now owns 31,814 shares of the company’s stock, valued at $1,614,560.50. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In other NorthWestern Energy Group news, VP Bobbi L. Schroeppel sold 1,350 shares of NorthWestern Energy Group stock in a transaction that occurred on Wednesday, May 1st. The shares were sold at an average price of $50.75, for a total value of $68,512.50. Following the transaction, the vice president now owns 31,814 shares in the company, valued at $1,614,560.50. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Britt E. Ide sold 687 shares of NorthWestern Energy Group stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of $51.30, for a total transaction of $35,243.10. Following the completion of the transaction, the director now owns 10,640 shares in the company, valued at approximately $545,832. The disclosure for this sale can be found here. 0.94% of the stock is owned by corporate insiders.

NorthWestern Energy Group Trading Up 0.4 %

NorthWestern Energy Group stock opened at $51.18 on Friday. The firm has a 50-day moving average price of $49.47 and a two-hundred day moving average price of $49.56. NorthWestern Energy Group, Inc. has a 52-week low of $45.97 and a 52-week high of $60.29. The firm has a market capitalization of $3.14 billion, a price-to-earnings ratio of 15.46 and a beta of 0.43. The company has a quick ratio of 0.55, a current ratio of 0.89 and a debt-to-equity ratio of 0.99.

NorthWestern Energy Group (NYSE:NWEGet Free Report) last posted its earnings results on Thursday, April 25th. The company reported $1.09 EPS for the quarter, missing the consensus estimate of $1.39 by ($0.30). NorthWestern Energy Group had a net margin of 13.62% and a return on equity of 7.31%. The business had revenue of $475.30 million during the quarter, compared to analyst estimates of $471.60 million. During the same quarter in the prior year, the business earned $1.05 earnings per share. The firm’s revenue was up 4.6% compared to the same quarter last year. Sell-side analysts expect that NorthWestern Energy Group, Inc. will post 3.53 earnings per share for the current year.

NorthWestern Energy Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 14th will be issued a dividend of $0.65 per share. The ex-dividend date is Friday, June 14th. This represents a $2.60 annualized dividend and a yield of 5.08%. NorthWestern Energy Group’s payout ratio is 80.50%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Barclays raised their price target on shares of NorthWestern Energy Group from $48.00 to $49.00 and gave the stock an “underweight” rating in a research report on Monday, January 22nd. Guggenheim upgraded NorthWestern Energy Group from a “sell” rating to a “neutral” rating and set a $47.00 target price for the company in a research report on Monday, January 22nd. JPMorgan Chase & Co. increased their target price on shares of NorthWestern Energy Group from $53.00 to $54.00 and gave the stock a “neutral” rating in a report on Thursday, March 21st. Finally, StockNews.com raised shares of NorthWestern Energy Group from a “sell” rating to a “hold” rating in a report on Tuesday, April 16th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat.com, NorthWestern Energy Group presently has a consensus rating of “Hold” and a consensus price target of $51.71.

Get Our Latest Research Report on NorthWestern Energy Group

About NorthWestern Energy Group

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for NorthWestern Energy Group (NYSE:NWE)

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