MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Buys 17,918 Shares of NorthWestern Energy Group, Inc. (NYSE:NWE)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of NorthWestern Energy Group, Inc. (NYSE:NWE - Free Report) by 6.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 301,769 shares of the company's stock after acquiring an additional 17,918 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned about 0.49% of NorthWestern Energy Group worth $16,133,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. S.A. Mason LLC acquired a new stake in shares of NorthWestern Energy Group during the 4th quarter worth approximately $30,000. AdvisorNet Financial Inc boosted its position in shares of NorthWestern Energy Group by 29.3% during the 4th quarter. AdvisorNet Financial Inc now owns 883 shares of the company's stock worth $47,000 after acquiring an additional 200 shares in the last quarter. Steward Partners Investment Advisory LLC lifted its stake in NorthWestern Energy Group by 91.9% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 971 shares of the company's stock valued at $52,000 after purchasing an additional 465 shares during the last quarter. EverSource Wealth Advisors LLC boosted its position in NorthWestern Energy Group by 280.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,203 shares of the company's stock valued at $64,000 after buying an additional 887 shares in the last quarter. Finally, Asset Management One Co. Ltd. acquired a new stake in NorthWestern Energy Group in the fourth quarter valued at approximately $73,000. Institutional investors and hedge funds own 96.07% of the company's stock.

Insider Buying and Selling

In related news, Director Britt E. Ide sold 702 shares of NorthWestern Energy Group stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $54.32, for a total transaction of $38,132.64. Following the completion of the transaction, the director now owns 11,021 shares of the company's stock, valued at $598,660.72. This trade represents a 5.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.94% of the stock is owned by insiders.

NorthWestern Energy Group Trading Down 1.3%

Shares of NWE stock traded down $0.74 during trading hours on Wednesday, hitting $55.57. 60,684 shares of the company's stock traded hands, compared to its average volume of 392,269. The stock's 50 day simple moving average is $56.85 and its 200 day simple moving average is $54.91. The stock has a market cap of $3.41 billion, a PE ratio of 15.21, a price-to-earnings-growth ratio of 2.40 and a beta of 0.40. NorthWestern Energy Group, Inc. has a 12 month low of $48.52 and a 12 month high of $59.89. The company has a quick ratio of 0.37, a current ratio of 0.52 and a debt-to-equity ratio of 0.94.

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. On average, sell-side analysts anticipate that NorthWestern Energy Group, Inc. will post 3.63 EPS for the current year.

NorthWestern Energy Group Dividend Announcement

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 4.75%. The ex-dividend date is Friday, June 13th. NorthWestern Energy Group's dividend payout ratio is presently 68.75%.

Analyst Ratings Changes

A number of analysts have weighed in on NWE shares. Guggenheim upgraded shares of NorthWestern Energy Group from a "neutral" rating to a "buy" rating in a research report on Thursday, January 23rd. Wells Fargo & Company raised their target price 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. BMO Capital Markets started coverage on shares of NorthWestern Energy Group in a research report on Tuesday, May 13th. They issued a "market perform" rating and a $60.00 target price on the stock. Finally, Barclays raised 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. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, NorthWestern Energy Group presently has an average rating of "Moderate Buy" and a consensus 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.