Mutual of America Capital Management LLC Boosts Stake in NorthWestern Energy Group, Inc. (NYSE:NWE)

Mutual of America Capital Management LLC boosted its holdings in shares of NorthWestern Energy Group, Inc. (NYSE:NWE - Free Report) by 13.7% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 116,089 shares of the company's stock after purchasing an additional 13,945 shares during the period. Mutual of America Capital Management LLC owned about 0.19% of NorthWestern Energy Group worth $6,718,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Farther Finance Advisors LLC grew its holdings in shares of NorthWestern Energy Group by 155.3% during the 1st quarter. Farther Finance Advisors LLC now owns 845 shares of the company's stock worth $49,000 after acquiring an additional 514 shares during the period. Steward Partners Investment Advisory LLC grew its stake 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 worth $52,000 after buying an additional 465 shares during the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of NorthWestern Energy Group by 280.7% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,203 shares of the company's stock worth $64,000 after buying an additional 887 shares during the last quarter. Quantbot Technologies LP purchased a new stake in shares of NorthWestern Energy Group in the 4th quarter worth approximately $115,000. Finally, GAMMA Investing LLC grew its stake in shares of NorthWestern Energy Group by 27.7% in the 1st quarter. GAMMA Investing LLC now owns 2,297 shares of the company's stock worth $133,000 after buying an additional 498 shares during the last quarter. Hedge funds and other institutional investors own 96.07% of the company's stock.

NorthWestern Energy Group Price Performance

NYSE:NWE traded down $0.02 on Friday, reaching $52.18. 225,657 shares of the company's stock traded hands, compared to its average volume of 466,959. The company has a quick ratio of 0.37, a current ratio of 0.52 and a debt-to-equity ratio of 0.94. The stock has a 50-day simple moving average of $53.11 and a 200-day simple moving average of $54.54. The firm has a market cap of $3.20 billion, a PE ratio of 14.32, a P/E/G ratio of 2.40 and a beta of 0.35. NorthWestern Energy Group, Inc. has a 12 month low of $50.43 and a 12 month high of $59.89.

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 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 previous year, the company earned $1.09 EPS. The firm's revenue was down 1.8% on a year-over-year basis. Equities research analysts forecast that NorthWestern Energy Group, Inc. will post 3.63 earnings per share for the current year.

NorthWestern Energy Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Friday, June 13th were given a dividend of $0.66 per share. This represents a $2.64 dividend on an annualized basis and a dividend yield of 5.06%. The ex-dividend date of this dividend was Friday, June 13th. NorthWestern Energy Group's payout ratio is presently 68.75%.

Analyst Ratings Changes

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