Dean Capital Management Has $533,000 Stock Holdings in NorthWestern Energy Group, Inc. (NYSE:NWE)

Dean Capital Management lessened its position in NorthWestern Energy Group, Inc. (NYSE:NWE - Free Report) by 61.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 9,972 shares of the company's stock after selling 15,704 shares during the quarter. Dean Capital Management's holdings in NorthWestern Energy Group were worth $533,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Assenagon Asset Management S.A. acquired a new stake in shares of NorthWestern Energy Group in the fourth quarter worth $401,000. Envestnet Portfolio Solutions Inc. boosted its position in NorthWestern Energy Group by 14.0% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 22,989 shares of the company's stock worth $1,229,000 after acquiring an additional 2,828 shares during the period. Barclays PLC boosted its position in NorthWestern Energy Group by 204.7% during the 3rd 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. Sumitomo Mitsui Trust Group Inc. purchased a new position in NorthWestern Energy Group during the 4th quarter valued at about $262,000. Finally, Bank of New York Mellon Corp increased its holdings in shares of NorthWestern Energy Group by 18.1% in the 4th quarter. Bank of New York Mellon Corp now owns 886,066 shares of the company's stock valued at $47,369,000 after purchasing an additional 135,611 shares during the period. Institutional investors and hedge funds own 96.07% of the company's stock.

Analysts Set New Price Targets

A number of brokerages recently commented on NWE. Barclays boosted their price objective on shares of NorthWestern Energy Group from $56.00 to $59.00 and gave the company an "overweight" rating in a research report on Tuesday, April 22nd. LADENBURG THALM/SH SH upgraded shares of NorthWestern Energy Group from a "neutral" rating to a "buy" rating and set a $57.50 price target on the stock in a report on Wednesday, January 15th. Guggenheim upgraded NorthWestern Energy Group from a "neutral" rating to a "buy" rating in a report on Thursday, January 23rd. Finally, Wells Fargo & Company boosted their target price on NorthWestern Energy Group from $62.00 to $64.00 and gave the company an "overweight" rating in a research note on Thursday, May 1st. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $60.25.

NorthWestern Energy Group Stock Down 1.6 %

NorthWestern Energy Group stock traded down $0.90 during mid-day trading on Friday, hitting $56.14. 492,785 shares of the company's stock were exchanged, compared to its average volume of 389,932. NorthWestern Energy Group, Inc. has a 1-year low of $48.52 and a 1-year high of $59.89. The stock has a 50 day moving average of $56.84 and a two-hundred day moving average of $54.83. The company has a current ratio of 0.52, a quick ratio of 0.37 and a debt-to-equity ratio of 0.94. The stock has a market cap of $3.45 billion, a P/E ratio of 15.38, a P/E/G ratio of 2.40 and a beta of 0.40.

NorthWestern Energy Group (NYSE:NWE - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The company reported $1.22 EPS for the quarter, beating analysts' consensus estimates of $1.18 by $0.04. NorthWestern Energy Group had a return on equity of 7.40% and a net margin of 14.81%. During the same quarter last year, the business posted $1.09 EPS. The business's revenue was down 1.8% on a year-over-year basis. As a group, analysts anticipate that NorthWestern Energy Group, Inc. will post 3.63 EPS for the current fiscal year.

NorthWestern Energy Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be paid a $0.66 dividend. The ex-dividend date is Friday, June 13th. This represents a $2.64 dividend on an annualized basis and a yield of 4.70%. NorthWestern Energy Group's payout ratio is presently 68.75%.

Insider Buying and Selling

In other NorthWestern Energy Group news, Director Britt E. Ide sold 702 shares of NorthWestern Energy Group stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $54.32, for a total value of $38,132.64. Following the transaction, the director now directly owns 11,021 shares of the company's stock, valued at $598,660.72. The trade was a 5.99 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.94% of the company's stock.

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.