Atria Wealth Solutions Inc. Purchases 1,565 Shares of NorthWestern Energy Group, Inc. (NYSE:NWE)

Atria Wealth Solutions Inc. increased its position in shares of NorthWestern Energy Group, Inc. (NYSE:NWE) by 14.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 12,080 shares of the company’s stock after purchasing an additional 1,565 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in NorthWestern Energy Group were worth $646,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Systematic Financial Management LP increased its position in shares of NorthWestern Energy Group by 11.8% during the 3rd quarter. Systematic Financial Management LP now owns 1,070,434 shares of the company’s stock valued at $61,250,000 after purchasing an additional 113,265 shares during the last quarter. FMR LLC increased its holdings in NorthWestern Energy Group by 17.0% during the third quarter. FMR LLC now owns 759,804 shares of the company’s stock worth $43,476,000 after buying an additional 110,461 shares during the last quarter. Barclays PLC raised its position in NorthWestern Energy Group by 204.7% in the third quarter. Barclays PLC now owns 110,571 shares of the company’s stock worth $6,327,000 after acquiring an additional 74,278 shares during the period. Meritage Portfolio Management raised its position in NorthWestern Energy Group by 1,218.2% in the third quarter. Meritage Portfolio Management now owns 60,954 shares of the company’s stock worth $3,488,000 after acquiring an additional 56,330 shares during the period. Finally, State Street Corp boosted its stake in NorthWestern Energy Group by 1.7% in the third quarter. State Street Corp now owns 2,504,400 shares of the company’s stock valued at $143,302,000 after acquiring an additional 42,104 shares during the last quarter. 96.07% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other NorthWestern Energy Group news, Director Anthony Thomas Clark sold 7,400 shares of the 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 sale, the director now directly owns 16,816 shares in the company, valued at $873,591.20. This represents a 30.56 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Britt E. Ide sold 700 shares of the business’s stock in a transaction on Monday, December 9th. The shares were sold at an average price of $53.57, for a total transaction of $37,499.00. Following the transaction, the director now owns 10,888 shares of the company’s stock, valued at $583,270.16. This trade represents a 6.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 8,802 shares of company stock worth $460,062 in the last quarter. 0.94% of the stock is owned by company insiders.

Analysts Set New Price Targets

NWE has been the subject of several research analyst reports. Barclays decreased their price target on shares of NorthWestern Energy Group from $57.00 to $56.00 and set an “overweight” rating for the company in a research note on Wednesday, February 19th. LADENBURG THALM/SH SH raised NorthWestern Energy Group from a “neutral” rating to a “buy” rating and set a $57.50 target price for the company in a research report on Wednesday, January 15th. Finally, Guggenheim raised NorthWestern Energy Group from a “neutral” rating to a “buy” rating in a research report on Thursday, January 23rd. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $59.25.

NorthWestern Energy Group Trading Down 0.5 %

Shares of NWE stock opened at $54.56 on Thursday. The stock has a market capitalization of $3.35 billion, a price-to-earnings ratio of 14.95, a PEG ratio of 2.40 and a beta of 0.49. The company’s fifty day simple moving average is $53.37 and its two-hundred day simple moving average is $54.19. NorthWestern Energy Group, Inc. has a 1 year low of $47.22 and a 1 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.

NorthWestern Energy Group Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be issued 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 is Friday, March 14th. This represents a $2.64 dividend on an annualized basis and a yield of 4.84%. NorthWestern Energy Group’s dividend payout ratio is 72.33%.

About NorthWestern Energy Group

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.