NorthWestern Energy Group, Inc. (NYSE:NWE) Holdings Decreased by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio reduced its position in NorthWestern Energy Group, Inc. (NYSE:NWE - Free Report) by 18.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,862 shares of the company's stock after selling 11,718 shares during the period. Public Employees Retirement System of Ohio owned approximately 0.08% of NorthWestern Energy Group worth $2,719,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of NWE. S.A. Mason LLC purchased a new stake in NorthWestern Energy Group during the fourth quarter worth approximately $30,000. Steward Partners Investment Advisory LLC lifted its holdings in shares of NorthWestern Energy Group by 91.9% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 971 shares of the company's stock valued at $52,000 after acquiring an additional 465 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of NorthWestern Energy Group by 280.7% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,203 shares of the company's stock valued at $64,000 after acquiring an additional 887 shares in the last quarter. Asset Management One Co. Ltd. purchased a new stake in NorthWestern Energy Group during the 4th quarter worth $73,000. Finally, Venturi Wealth Management LLC acquired a new stake in NorthWestern Energy Group in the 4th quarter valued at $92,000. Hedge funds and other institutional investors own 96.07% of the company's stock.

NorthWestern Energy Group Stock Down 2.2%

NWE stock traded down $1.22 during midday trading on Monday, hitting $54.11. 596,308 shares of the company's stock were exchanged, compared to its average volume of 397,345. The firm has a 50 day moving average price of $56.74 and a 200-day moving average price of $54.96. NorthWestern Energy Group, Inc. has a 12-month low of $48.52 and a 12-month high of $59.89. The stock has a market capitalization of $3.32 billion, a price-to-earnings ratio of 14.82, a price-to-earnings-growth ratio of 2.40 and a beta of 0.40. The company has a current ratio of 0.52, a quick ratio of 0.37 and a debt-to-equity ratio of 0.94.

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 net margin of 14.81% and a return on equity of 7.40%. The company's revenue was down 1.8% compared to the same quarter last year. During the same period last year, the firm earned $1.09 earnings per share. On average, 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 declared a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be paid a $0.66 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $2.64 dividend on an annualized basis and a yield of 4.88%. NorthWestern Energy Group's dividend payout ratio (DPR) is 68.75%.

Analyst Upgrades and Downgrades

NWE has been the topic of a number of recent research reports. LADENBURG THALM/SH SH restated a "neutral" rating and set a $56.00 price objective (down previously from $57.50) on shares of NorthWestern Energy Group in a research note on Monday. BMO Capital Markets initiated coverage on NorthWestern Energy Group in a report on Tuesday, May 13th. They set a "market perform" rating and a $60.00 target price on the stock. Barclays upped their price target on NorthWestern Energy Group from $56.00 to $59.00 and gave the stock an "overweight" rating in a report on Tuesday, April 22nd. Finally, Wells Fargo & Company increased their price objective on shares of NorthWestern Energy Group from $62.00 to $64.00 and gave the company an "overweight" rating in a research report on Thursday, May 1st. Five investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $60.00.

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.