NorthWestern Energy Group, Inc. (NYSE:NWE) Shares Sold by Jane Street Group LLC

Jane Street Group LLC trimmed its position in NorthWestern Energy Group, Inc. (NYSE:NWE - Free Report) by 55.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 14,732 shares of the company's stock after selling 18,298 shares during the period. Jane Street Group LLC's holdings in NorthWestern Energy Group were worth $788,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. S.A. Mason LLC acquired a new position in NorthWestern Energy Group during the fourth quarter worth approximately $30,000. Steward Partners Investment Advisory LLC grew its position in NorthWestern Energy Group by 91.9% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 971 shares of the company's stock worth $52,000 after buying an additional 465 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in 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 purchasing an additional 887 shares in the last quarter. Asset Management One Co. Ltd. acquired a new stake in shares of NorthWestern Energy Group during the 4th quarter worth approximately $73,000. Finally, Venturi Wealth Management LLC acquired a new position in NorthWestern Energy Group during the fourth quarter worth about $92,000. 96.07% of the stock is owned by institutional investors and hedge funds.

NorthWestern Energy Group Stock Performance

Shares of NWE traded up $0.02 during mid-day trading on Thursday, hitting $54.52. 36,699 shares of the company traded hands, compared to its average volume of 393,911. The stock has a market cap of $3.35 billion, a price-to-earnings ratio of 14.95, a P/E/G ratio of 2.40 and a beta of 0.40. NorthWestern Energy Group, Inc. has a 1 year low of $48.52 and a 1 year high of $59.89. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.37 and a current ratio of 0.52. The stock has a 50-day moving average price of $56.73 and a two-hundred day moving average price of $54.96.

NorthWestern Energy Group (NYSE:NWE - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The company reported $1.22 earnings per share (EPS) for the quarter, topping 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%. NorthWestern Energy Group's revenue for the quarter was down 1.8% on a year-over-year basis. During the same period last year, the firm posted $1.09 earnings per share. Equities analysts anticipate that NorthWestern Energy Group, Inc. will post 3.63 earnings per share for the current year.

NorthWestern Energy Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be issued a dividend of $0.66 per share. The ex-dividend date is Friday, June 13th. This represents a $2.64 annualized dividend and a yield of 4.84%. NorthWestern Energy Group's payout ratio is currently 68.75%.

Analyst Upgrades and Downgrades

Several analysts recently commented on NWE shares. Barclays upped their target price on NorthWestern Energy Group from $56.00 to $59.00 and gave the company an "overweight" rating in a report on Tuesday, April 22nd. BMO Capital Markets initiated coverage on NorthWestern Energy Group in a report on Tuesday, May 13th. They issued a "market perform" rating and a $60.00 price target on the stock. Finally, Wells Fargo & Company upped their target price on shares of NorthWestern Energy Group from $62.00 to $64.00 and gave the stock an "overweight" rating in a report 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. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $60.21.

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.