Two Sigma Advisers LP Sells 11,400 Shares of NorthWestern Energy Group, Inc. (NYSE:NWE)

Two Sigma Advisers LP lessened its holdings in shares of NorthWestern Energy Group, Inc. (NYSE:NWE - Free Report) by 21.0% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 42,900 shares of the company's stock after selling 11,400 shares during the period. Two Sigma Advisers LP owned 0.07% of NorthWestern Energy Group worth $2,293,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. S.A. Mason LLC bought a new stake in shares of NorthWestern Energy Group during the fourth quarter worth $30,000. Steward Partners Investment Advisory LLC lifted 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 valued at $52,000 after acquiring an additional 465 shares during the period. EverSource Wealth Advisors LLC lifted its stake in shares of NorthWestern Energy Group by 280.7% during the fourth 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 during the period. Asset Management One Co. Ltd. acquired a new position in shares of NorthWestern Energy Group during the fourth quarter valued at $73,000. Finally, Venturi Wealth Management LLC acquired a new position in shares of NorthWestern Energy Group during the fourth quarter valued at $92,000. Institutional investors own 96.07% of the company's stock.

NorthWestern Energy Group Trading Up 0.6%

NYSE:NWE traded up $0.34 during mid-day trading on Friday, hitting $55.39. The company had a trading volume of 403,739 shares, compared to its average volume of 396,555. NorthWestern Energy Group, Inc. has a fifty-two week low of $48.52 and a fifty-two week high of $59.89. The business's fifty day moving average is $56.74 and its two-hundred day moving average is $54.96. 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 firm has a market cap of $3.40 billion, a P/E ratio of 15.18, a P/E/G ratio of 2.40 and a beta of 0.40.

NorthWestern Energy Group (NYSE:NWE - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The company reported $1.22 earnings per share (EPS) 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 period in the prior year, the company earned $1.09 earnings per share. The firm's quarterly revenue was down 1.8% compared to the same quarter last year. As a group, research analysts expect 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 will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be issued a $0.66 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $2.64 annualized dividend and a dividend yield of 4.77%. NorthWestern Energy Group's dividend payout ratio (DPR) is currently 68.75%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. BMO Capital Markets assumed coverage on NorthWestern Energy Group in a research note on Tuesday, May 13th. They set a "market perform" rating and a $60.00 price target on the stock. Wells Fargo & Company upped their price target 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. Finally, Barclays upped their price target 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. Four research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average 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.