1,373 Shares in NorthWestern Energy Group, Inc. (NYSE:NWE) Purchased by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. purchased a new position in NorthWestern Energy Group, Inc. (NYSE:NWE) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,373 shares of the company’s stock, valued at approximately $73,000.

Other hedge funds have also recently added to or reduced their stakes in the company. S.A. Mason LLC acquired a new position in NorthWestern Energy Group in the fourth quarter worth about $30,000. Wilmington Savings Fund Society FSB acquired a new position in NorthWestern Energy Group in the third quarter worth about $35,000. Quest Partners LLC acquired a new position in NorthWestern Energy Group in the third quarter worth about $45,000. 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 worth $47,000 after purchasing an additional 200 shares in the last quarter. Finally, CWM LLC grew its stake in NorthWestern Energy Group by 51.7% during the third quarter. CWM LLC now owns 1,505 shares of the company’s stock worth $86,000 after buying an additional 513 shares during the last quarter. Institutional investors and hedge funds own 96.07% of the company’s stock.

Insider Activity

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

Analyst Ratings Changes

Several analysts have weighed in on the stock. LADENBURG THALM/SH SH raised shares of NorthWestern Energy Group from a “neutral” rating to a “buy” rating and set a $57.50 price objective on the stock in a research note on Wednesday, January 15th. Guggenheim raised shares of NorthWestern Energy Group from a “neutral” rating to a “buy” rating in a research note on Thursday, January 23rd. Finally, Barclays decreased their price objective 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. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, NorthWestern Energy Group has a consensus rating of “Moderate Buy” and a consensus target price of $59.25.

NorthWestern Energy Group Price Performance

NWE opened at $53.92 on Friday. NorthWestern Energy Group, Inc. has a one year low of $47.22 and a one year high of $57.49. 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 company’s 50 day simple moving average is $53.11 and its 200-day simple moving average is $54.11. The stock has a market capitalization of $3.31 billion, a P/E ratio of 14.77, a price-to-earnings-growth ratio of 2.39 and a beta of 0.48.

NorthWestern Energy Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be paid a dividend of $0.66 per share. This is a boost from NorthWestern Energy Group’s previous quarterly dividend of $0.65. This represents a $2.64 annualized dividend and a dividend yield of 4.90%. The ex-dividend date is Friday, March 14th. NorthWestern Energy Group’s dividend payout ratio is 71.23%.

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.