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

Dean Capital Management lessened its stake in NorthWestern Energy Group, Inc. (NYSE:NWE - Free Report) by 61.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm 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 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. AdvisorNet Financial Inc boosted its stake in shares of NorthWestern Energy Group by 29.3% during the 4th quarter. AdvisorNet Financial Inc now owns 883 shares of the company's stock valued at $47,000 after buying an additional 200 shares during the last quarter. Nisa Investment Advisors LLC lifted its holdings in NorthWestern Energy Group by 0.5% in the fourth quarter. Nisa Investment Advisors LLC now owns 51,180 shares of the company's stock worth $2,736,000 after acquiring an additional 254 shares during the last quarter. Exchange Traded Concepts LLC lifted its holdings in NorthWestern Energy Group by 2.6% in the fourth quarter. Exchange Traded Concepts LLC now owns 13,808 shares of the company's stock worth $738,000 after acquiring an additional 350 shares during the last quarter. Xponance Inc. lifted its stake in NorthWestern Energy Group by 5.1% in the fourth quarter. Xponance Inc. now owns 8,729 shares of the company's stock valued at $467,000 after buying an additional 421 shares during the last quarter. Finally, CIBC Private Wealth Group LLC lifted its stake in NorthWestern Energy Group by 9.7% in the fourth quarter. CIBC Private Wealth Group LLC now owns 4,754 shares of the company's stock valued at $249,000 after buying an additional 422 shares during the last quarter. Hedge funds and other institutional investors own 96.07% of the company's stock.

NorthWestern Energy Group Stock Down 1.8%

NorthWestern Energy Group stock traded down $0.98 during mid-day trading on Tuesday, hitting $54.76. 161,550 shares of the company's stock were exchanged, compared to its average volume of 389,097. The stock has a 50 day moving average of $56.85 and a two-hundred day moving average of $54.84. The company has a current ratio of 0.52, a quick ratio of 0.37 and a debt-to-equity ratio of 0.94. NorthWestern Energy Group, Inc. has a 1-year low of $48.52 and a 1-year high of $59.89. The stock has a market cap of $3.36 billion, a P/E ratio of 15.00, a P/E/G ratio of 2.40 and a beta of 0.40.

NorthWestern Energy Group (NYSE:NWE - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The company reported $1.22 EPS for the quarter, beating the consensus estimate 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 in the prior year, the firm earned $1.09 EPS. The business's quarterly 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 firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be given a $0.66 dividend. This represents a $2.64 annualized dividend and a dividend yield of 4.82%. The ex-dividend date is Friday, June 13th. NorthWestern Energy Group's dividend payout ratio is currently 68.75%.

Insider Activity

In other news, Director Britt E. Ide sold 702 shares of the stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $54.32, for a total value of $38,132.64. Following the completion of the transaction, the director now owns 11,021 shares in the company, valued at approximately $598,660.72. This represents a 5.99% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.94% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on NWE shares. BMO Capital Markets started coverage on NorthWestern Energy Group in a report on Tuesday. They set a "market perform" rating and a $60.00 price target on the stock. LADENBURG THALM/SH SH raised NorthWestern Energy Group from a "neutral" rating to a "buy" rating and set a $57.50 target price on the stock in a report on Wednesday, January 15th. Wells Fargo & Company boosted their target price on NorthWestern Energy Group from $62.00 to $64.00 and gave the stock an "overweight" rating in a report on Thursday, May 1st. Guggenheim upgraded shares of NorthWestern Energy Group from a "neutral" rating to a "buy" rating in a research report on Thursday, January 23rd. Finally, Barclays upped their price target on NorthWestern Energy Group from $56.00 to $59.00 and gave the company an "overweight" rating in a report on Tuesday, April 22nd. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to MarketBeat.com, NorthWestern Energy Group has a consensus rating of "Moderate Buy" and an average price target of $60.21.

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.