UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Purchases 11,324 Shares of NorthWestern Energy Group, Inc. (NYSE:NWE)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in NorthWestern Energy Group, Inc. (NYSE:NWE - Free Report) by 9.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 136,322 shares of the company's stock after acquiring an additional 11,324 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.22% of NorthWestern Energy Group worth $7,288,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. boosted its position in shares of NorthWestern Energy Group by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 6,849,519 shares of the company's stock valued at $366,175,000 after acquiring an additional 56,180 shares during the period. River Road Asset Management LLC boosted its position in shares of NorthWestern Energy Group by 6.1% in the fourth quarter. River Road Asset Management LLC now owns 2,371,931 shares of the company's stock valued at $126,803,000 after acquiring an additional 136,922 shares during the period. Systematic Financial Management LP boosted its position in shares of NorthWestern Energy Group by 3.7% in the fourth quarter. Systematic Financial Management LP now owns 1,110,574 shares of the company's stock valued at $59,371,000 after acquiring an additional 40,140 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of NorthWestern Energy Group by 0.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,033,437 shares of the company's stock valued at $55,248,000 after acquiring an additional 4,544 shares during the period. Finally, First Trust Advisors LP boosted its position in shares of NorthWestern Energy Group by 391.6% in the fourth quarter. First Trust Advisors LP now owns 999,884 shares of the company's stock valued at $53,454,000 after acquiring an additional 796,500 shares during the period. 96.07% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

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

NorthWestern Energy Group Price Performance

NorthWestern Energy Group stock traded down $0.19 during mid-day trading on Thursday, hitting $52.56. 343,191 shares of the company were exchanged, compared to its average volume of 399,814. 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 business has a fifty day moving average of $56.59 and a 200 day moving average of $54.93. 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 $3.23 billion, a PE ratio of 14.40, a price-to-earnings-growth ratio of 2.40 and a beta of 0.40.

NorthWestern Energy Group (NYSE:NWE - Get Free Report) last released its quarterly earnings data 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 quarter last year, the company earned $1.09 earnings per share. The firm's quarterly revenue was down 1.8% on a year-over-year basis. As a group, sell-side analysts expect that NorthWestern Energy Group, Inc. will post 3.63 earnings per share for the current year.

NorthWestern Energy Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders 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 annualized dividend and a yield of 5.02%. NorthWestern Energy Group's dividend payout ratio is currently 68.75%.

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.