Nomura Holdings Inc. Invests $434,000 in NorthWestern Energy Group, Inc. (NYSE:NWE)

Nomura Holdings Inc. purchased a new stake in NorthWestern Energy Group, Inc. (NYSE:NWE - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 8,120 shares of the company's stock, valued at approximately $434,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in NWE. S.A. Mason LLC acquired a new stake in NorthWestern Energy Group in the fourth quarter valued at $30,000. Steward Partners Investment Advisory LLC grew its position in shares of NorthWestern Energy Group by 91.9% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 971 shares of the company's stock valued at $52,000 after buying an additional 465 shares during the last quarter. EverSource Wealth Advisors LLC increased its stake in shares of NorthWestern Energy Group by 280.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,203 shares of the company's stock valued at $64,000 after buying an additional 887 shares during the period. Asset Management One Co. Ltd. acquired a new stake in shares of NorthWestern Energy Group in the fourth quarter valued at about $73,000. Finally, Venturi Wealth Management LLC bought a new position in shares of NorthWestern Energy Group during the fourth quarter worth about $92,000. 96.07% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently commented on NWE shares. Barclays lifted their price objective on NorthWestern Energy Group from $56.00 to $59.00 and gave the stock an "overweight" rating in a research note on Tuesday, April 22nd. BMO Capital Markets assumed coverage on shares of NorthWestern Energy Group in a research note on Tuesday, May 13th. They issued a "market perform" rating and a $60.00 price objective on the stock. Finally, Wells Fargo & Company lifted their target price on shares of NorthWestern Energy Group from $62.00 to $64.00 and gave the stock an "overweight" rating in a research note on Thursday, May 1st. Four equities 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.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $60.21.

NorthWestern Energy Group Trading Up 0.8%

NWE traded up $0.45 during trading on Tuesday, hitting $55.43. The company's stock had a trading volume of 27,921 shares, compared to its average volume of 393,933. The firm has a market capitalization of $3.40 billion, a P/E ratio of 15.19, a PEG ratio of 2.40 and a beta of 0.40. NorthWestern Energy Group, Inc. has a twelve month low of $48.52 and a twelve month high of $59.89. The stock's fifty day moving average price is $56.76 and its 200-day moving average price is $54.95. The company has a quick ratio of 0.37, a current ratio of 0.52 and a debt-to-equity ratio of 0.94.

NorthWestern Energy Group (NYSE:NWE - Get Free Report) last issued its earnings results on Wednesday, April 30th. The company reported $1.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.18 by $0.04. NorthWestern Energy Group had a net margin of 14.81% and a return on equity of 7.40%. The business's revenue was down 1.8% compared to the same quarter last year. During the same quarter last year, the firm earned $1.09 EPS. Analysts anticipate that NorthWestern Energy Group, Inc. will post 3.63 EPS for the current year.

NorthWestern Energy Group Announces Dividend

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 given a $0.66 dividend. This represents a $2.64 dividend on an annualized basis and a yield of 4.76%. The ex-dividend date is Friday, June 13th. NorthWestern Energy Group's payout ratio is 68.75%.

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.