NorthWestern Energy Group (NYSE:NWE) Receives "Neutral" Rating from LADENBURG THALM/SH SH

NorthWestern Energy Group (NYSE:NWE - Get Free Report)'s stock had its "neutral" rating reissued by equities researchers at LADENBURG THALM/SH SH in a report issued on Monday, MarketBeat Ratings reports. They currently have a $56.00 price target on the stock, down from their prior price target of $57.50. LADENBURG THALM/SH SH's price target points to a potential upside of 6.35% from the company's current price.

Several other research firms have also weighed in on NWE. Barclays boosted their target price on NorthWestern Energy Group from $56.00 to $59.00 and gave the stock an "overweight" rating in a report on Tuesday, April 22nd. Wells Fargo & Company upped their target price on shares of NorthWestern Energy Group from $62.00 to $64.00 and gave the stock an "overweight" rating in a report on Thursday, May 1st. Finally, BMO Capital Markets started coverage on NorthWestern Energy Group in a research note on Tuesday, May 13th. They issued a "market perform" rating and a $60.00 target price for the company. Five equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $60.00.

NorthWestern Energy Group Stock Down 0.2%

NYSE NWE traded down $0.10 on Monday, hitting $52.66. 145,669 shares of the stock traded hands, compared to its average volume of 398,183. The company has a market capitalization of $3.23 billion, a P/E ratio of 14.41, a price-to-earnings-growth ratio of 2.40 and a beta of 0.40. NorthWestern Energy Group has a twelve month low of $48.52 and a twelve month high of $59.89. The stock has a 50-day moving average of $56.59 and a 200 day moving average of $54.93. 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 announced 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 return on equity of 7.40% and a net margin of 14.81%. The firm's revenue was down 1.8% on a year-over-year basis. During the same quarter last year, the firm posted $1.09 earnings per share. As a group, analysts expect that NorthWestern Energy Group will post 3.63 earnings per share for the current fiscal year.

Institutional Investors Weigh In On NorthWestern Energy Group

A number of institutional investors and hedge funds have recently modified their holdings of NWE. S.A. Mason LLC acquired a new stake in shares of NorthWestern Energy Group in the fourth quarter valued at approximately $30,000. Farther Finance Advisors LLC lifted its holdings in NorthWestern Energy Group by 155.3% during the 1st quarter. Farther Finance Advisors LLC now owns 845 shares of the company's stock valued at $49,000 after purchasing an additional 514 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its position in NorthWestern Energy Group by 91.9% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 971 shares of the company's stock worth $52,000 after purchasing an additional 465 shares during the period. EverSource Wealth Advisors LLC increased its holdings in shares of 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 purchasing an additional 887 shares during the last quarter. Finally, Asset Management One Co. Ltd. bought a new position in shares of NorthWestern Energy Group in the fourth quarter valued at about $73,000. 96.07% of the stock is owned by institutional investors.

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.