NorthWestern Energy Group, Inc. (NYSE:NWE) Shares Sold by Money Concepts Capital Corp

Money Concepts Capital Corp decreased its holdings in shares of NorthWestern Energy Group, Inc. (NYSE:NWE - Free Report) by 19.1% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 29,493 shares of the company's stock after selling 6,960 shares during the period. Money Concepts Capital Corp's holdings in NorthWestern Energy Group were worth $1,707,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Farther Finance Advisors LLC boosted its stake in shares of NorthWestern Energy Group by 155.3% during the first quarter. Farther Finance Advisors LLC now owns 845 shares of the company's stock worth $49,000 after buying an additional 514 shares during the period. Steward Partners Investment Advisory LLC boosted its stake in shares of 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 during the period. EverSource Wealth Advisors LLC raised its holdings in NorthWestern Energy Group by 280.7% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,203 shares of the company's stock worth $64,000 after purchasing an additional 887 shares in the last quarter. Quantbot Technologies LP purchased a new position in NorthWestern Energy Group during the fourth quarter worth about $115,000. Finally, GAMMA Investing LLC raised its holdings in NorthWestern Energy Group by 27.7% during the first quarter. GAMMA Investing LLC now owns 2,297 shares of the company's stock worth $133,000 after purchasing an additional 498 shares in the last quarter. Institutional investors and hedge funds own 96.07% of the company's stock.

NorthWestern Energy Group Price Performance

NorthWestern Energy Group stock traded down $0.32 during mid-day trading on Friday, reaching $50.85. The company had a trading volume of 1,009,774 shares, compared to its average volume of 415,543. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.52 and a quick ratio of 0.37. The stock's 50-day simple moving average is $54.83 and its 200-day simple moving average is $54.58. NorthWestern Energy Group, Inc. has a 1 year low of $48.52 and a 1 year high of $59.89. The company has a market capitalization of $3.12 billion, a P/E ratio of 13.93, a P/E/G ratio of 2.40 and a beta of 0.37.

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

NorthWestern Energy Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be paid a dividend of $0.66 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $2.64 dividend on an annualized basis and a dividend yield of 5.19%. NorthWestern Energy Group's dividend payout ratio (DPR) is 68.75%.

Analysts Set New Price Targets

Several research analysts recently issued reports on NWE shares. BMO Capital Markets started coverage on shares of NorthWestern Energy Group in a report on Tuesday, May 13th. They set a "market perform" rating and a $60.00 price target for the company. Wells Fargo & Company increased their price target 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. Barclays increased their price target on shares of NorthWestern Energy Group from $56.00 to $59.00 and gave the stock an "overweight" rating in a report on Tuesday, April 22nd. Finally, LADENBURG THALM/SH SH reissued a "neutral" rating and set a $56.00 price target (down from $57.50) on shares of NorthWestern Energy Group in a report on Monday, June 2nd. Five research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $60.00.

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.