GAMMA Investing LLC Has $7.69 Million Holdings in NorthWestern Energy Group, Inc. (NYSE:NWE)

GAMMA Investing LLC grew its stake in NorthWestern Energy Group, Inc. (NYSE:NWE - Free Report) by 7,288.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 132,927 shares of the company's stock after purchasing an additional 131,128 shares during the quarter. GAMMA Investing LLC owned approximately 0.22% of NorthWestern Energy Group worth $7,692,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. Wealth Enhancement Advisory Services LLC bought a new stake in shares of NorthWestern Energy Group during the fourth quarter worth approximately $203,000. Pullen Investment Management LLC grew its stake in shares of NorthWestern Energy Group by 46.0% in the fourth quarter. Pullen Investment Management LLC now owns 30,763 shares of the company's stock valued at $1,645,000 after acquiring an additional 9,696 shares in the last quarter. Mackenzie Financial Corp increased its position in NorthWestern Energy Group by 144.1% during the fourth quarter. Mackenzie Financial Corp now owns 10,247 shares of the company's stock worth $548,000 after acquiring an additional 6,049 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in NorthWestern Energy Group by 9.1% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 136,322 shares of the company's stock worth $7,288,000 after purchasing an additional 11,324 shares in the last quarter. Finally, Voloridge Investment Management LLC boosted its holdings in NorthWestern Energy Group by 166.5% in the 4th quarter. Voloridge Investment Management LLC now owns 87,681 shares of the company's stock valued at $4,687,000 after purchasing an additional 54,785 shares during the period. Institutional investors and hedge funds own 96.07% of the company's stock.

NorthWestern Energy Group Trading Up 0.1%

Shares of NYSE:NWE traded up $0.05 during midday trading on Thursday, hitting $52.73. 366,060 shares of the stock were exchanged, compared to its average volume of 402,910. The business's 50-day moving average price is $56.06 and its 200 day moving average price is $54.81. The stock has a market capitalization of $3.24 billion, a price-to-earnings ratio of 14.45, a P/E/G ratio of 2.40 and a beta of 0.37. NorthWestern Energy Group, Inc. has a 12 month low of $48.52 and a 12 month 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.

NorthWestern Energy Group (NYSE:NWE - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The company reported $1.22 earnings per share (EPS) for the quarter, beating 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%. NorthWestern Energy Group's revenue was down 1.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.09 earnings per share. Analysts predict 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 announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be paid a dividend of $0.66 per share. This represents a $2.64 dividend on an annualized basis and a yield of 5.01%. The ex-dividend date of this dividend is Friday, June 13th. NorthWestern Energy Group's dividend payout ratio is presently 68.75%.

Analyst Upgrades and Downgrades

NWE has been the topic of a number of analyst reports. BMO Capital Markets started coverage on NorthWestern Energy Group in a research report on Tuesday, May 13th. They set a "market perform" rating and a $60.00 price target on the stock. LADENBURG THALM/SH SH reaffirmed 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 upped their price objective on shares of NorthWestern Energy Group from $62.00 to $64.00 and gave the stock an "overweight" rating in a research report on Thursday, May 1st. Finally, Barclays boosted their target price on shares of NorthWestern Energy Group from $56.00 to $59.00 and gave the company an "overweight" rating in a research report on Tuesday, April 22nd. Five investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, NorthWestern Energy Group currently has a consensus rating of "Hold" and an average 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.