NorthWestern Energy Group, Inc. (NYSE:NWE) Shares Bought by Barclays PLC

Barclays PLC increased its holdings in shares of NorthWestern Energy Group, Inc. (NYSE:NWE - Free Report) by 36.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 150,695 shares of the company's stock after acquiring an additional 40,124 shares during the period. Barclays PLC owned approximately 0.25% of NorthWestern Energy Group worth $8,056,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. S.A. Mason LLC bought a new stake in shares of NorthWestern Energy Group in the fourth quarter valued at about $30,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of NorthWestern Energy Group in the 3rd quarter valued at approximately $35,000. AdvisorNet Financial Inc lifted its stake in 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 grew its stake in NorthWestern Energy Group by 91.9% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 971 shares of the company's stock worth $52,000 after purchasing an additional 465 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its stake 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. 96.07% of the stock is currently owned by hedge funds and other institutional investors.

NorthWestern Energy Group Price Performance

NorthWestern Energy Group stock traded up $0.24 during mid-day trading on Tuesday, reaching $59.04. The company had a trading volume of 72,584 shares, compared to its average volume of 380,300. The business has a fifty day simple moving average of $56.30 and a 200 day simple moving average of $54.70. The company has a current ratio of 0.52, a quick ratio of 0.37 and a debt-to-equity ratio of 0.94. The company has a market cap of $3.62 billion, a P/E ratio of 16.18, a P/E/G ratio of 2.40 and a beta of 0.33. NorthWestern Energy Group, Inc. has a fifty-two week low of $48.52 and a fifty-two week high of $59.52.

NorthWestern Energy Group Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were paid a dividend of $0.66 per share. The ex-dividend date of this dividend was Friday, March 14th. This is a boost from NorthWestern Energy Group's previous quarterly dividend of $0.65. This represents a $2.64 annualized dividend and a yield of 4.47%. NorthWestern Energy Group's dividend payout ratio (DPR) is 72.33%.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Wells Fargo & Company boosted their target price on shares of NorthWestern Energy Group from $60.00 to $62.00 and gave the stock an "overweight" rating in a research report on Monday, April 14th. LADENBURG THALM/SH SH raised shares of NorthWestern Energy Group from a "neutral" rating to a "buy" rating and set a $57.50 target price for the company in a research note on Wednesday, January 15th. Barclays boosted their target price on shares of NorthWestern Energy Group from $56.00 to $59.00 and gave the stock an "overweight" rating in a report on Tuesday, April 22nd. Finally, Guggenheim raised shares of NorthWestern Energy Group from a "neutral" rating to a "buy" rating in a research report on Thursday, January 23rd. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $59.92.

Insider Activity at NorthWestern Energy Group

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

NorthWestern Energy Group Company 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.