Yousif Capital Management LLC Sells 1,065 Shares of NorthWestern Energy Group, Inc. (NYSE:NWE)

Yousif Capital Management LLC lowered its position in shares of NorthWestern Energy Group, Inc. (NYSE:NWE) by 4.7% in the fourth quarter, HoldingsChannel reports. The firm owned 21,470 shares of the company’s stock after selling 1,065 shares during the period. Yousif Capital Management LLC’s holdings in NorthWestern Energy Group were worth $1,148,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in NWE. V Square Quantitative Management LLC acquired a new position in NorthWestern Energy Group during the 3rd quarter worth about $26,000. S.A. Mason LLC bought a new position in NorthWestern Energy Group in the fourth quarter valued at about $30,000. Wilmington Savings Fund Society FSB bought a new position in NorthWestern Energy Group in the third quarter valued at about $35,000. Quest Partners LLC acquired a new stake in NorthWestern Energy Group in the third quarter worth about $45,000. Finally, AdvisorNet Financial Inc raised its holdings in NorthWestern Energy Group by 29.3% during the 4th quarter. AdvisorNet Financial Inc now owns 883 shares of the company’s stock worth $47,000 after purchasing an additional 200 shares during the last quarter. 96.07% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Barclays boosted their price target on shares of NorthWestern Energy Group from $56.00 to $57.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 22nd. 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 report on Monday, October 21st. Guggenheim raised NorthWestern Energy Group from a “neutral” rating to a “buy” rating in a research note on Thursday, January 23rd. Finally, LADENBURG THALM/SH SH raised NorthWestern Energy Group from a “neutral” rating to a “buy” rating and set a $57.50 price objective for the company in a research note on Wednesday, January 15th. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the company 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 Anthony Thomas Clark sold 7,400 shares of NorthWestern Energy Group stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $51.95, for a total value of $384,430.00. Following the transaction, the director now owns 16,816 shares of the company’s stock, valued at approximately $873,591.20. The trade was a 30.56 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Britt E. Ide sold 700 shares of the stock in a transaction 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 sale, the director now directly owns 10,888 shares of the company’s stock, valued at $583,270.16. This represents a 6.04 % decrease in their position. The disclosure for this sale can be found here. 0.94% of the stock is currently owned by company insiders.

NorthWestern Energy Group Stock Down 2.3 %

Shares of NYSE NWE opened at $52.87 on Friday. NorthWestern Energy Group, Inc. has a 52-week low of $46.40 and a 52-week high of $57.49. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.30 and a current ratio of 0.45. The stock has a market cap of $3.24 billion, a P/E ratio of 14.25, a P/E/G ratio of 2.40 and a beta of 0.48. The firm has a 50 day moving average price of $53.11 and a 200 day moving average price of $54.14.

NorthWestern Energy Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be given a $0.66 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $2.64 dividend on an annualized basis and a dividend yield of 4.99%. This is a boost from NorthWestern Energy Group’s previous quarterly dividend of $0.65. NorthWestern Energy Group’s dividend payout ratio is currently 70.08%.

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.