Price T Rowe Associates Inc. MD Lowers Stock Holdings in NorthWestern Energy Group, Inc. (NYSE:NWE)

Price T Rowe Associates Inc. MD lessened its position in NorthWestern Energy Group, Inc. (NYSE:NWE - Free Report) by 40.7% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 97,522 shares of the company's stock after selling 67,007 shares during the quarter. Price T Rowe Associates Inc. MD owned approximately 0.16% of NorthWestern Energy Group worth $5,214,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in NWE. S.A. Mason LLC bought a new position in shares of NorthWestern Energy Group during the fourth quarter valued at approximately $30,000. Wilmington Savings Fund Society FSB purchased a new position in NorthWestern Energy Group during the third quarter valued at $35,000. AdvisorNet Financial Inc boosted its holdings in NorthWestern Energy Group by 29.3% in the fourth 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 shares of NorthWestern Energy Group by 91.9% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 971 shares of the company's stock worth $52,000 after acquiring an additional 465 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its holdings 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 in the last quarter. 96.07% of the stock is currently owned by institutional investors.

Insider Buying and Selling at NorthWestern Energy Group

In other NorthWestern Energy Group news, Director Britt E. Ide sold 702 shares of the business's stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $54.32, for a total transaction of $38,132.64. Following the completion of the sale, the director now owns 11,021 shares of the company's stock, valued at approximately $598,660.72. The trade was a 5.99 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.94% of the stock is owned by corporate insiders.

NorthWestern Energy Group Stock Performance

NWE stock traded down $0.90 on Friday, hitting $56.14. The company had a trading volume of 492,785 shares, compared to its average volume of 389,932. The stock has a market cap of $3.45 billion, a price-to-earnings ratio of 15.38, a P/E/G ratio of 2.40 and a beta of 0.40. 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 stock's 50-day simple moving average is $56.84 and its 200 day simple moving average is $54.83. NorthWestern Energy Group, Inc. has a 12-month low of $48.52 and a 12-month high of $59.89.

NorthWestern Energy Group (NYSE:NWE - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The company reported $1.22 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 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, equities research analysts expect that NorthWestern Energy Group, Inc. will post 3.63 earnings per share for the current fiscal year.

NorthWestern Energy Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be given a dividend of $0.66 per share. The ex-dividend date is Friday, June 13th. This represents a $2.64 annualized dividend and a yield of 4.70%. NorthWestern Energy Group's dividend payout ratio (DPR) is 68.75%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on NWE. Wells Fargo & Company upped their price target on shares of NorthWestern Energy Group from $62.00 to $64.00 and gave the stock an "overweight" rating in a research note on Thursday, May 1st. Barclays increased their price target on shares of NorthWestern Energy Group from $56.00 to $59.00 and gave the company an "overweight" rating in a report on Tuesday, April 22nd. Guggenheim upgraded shares of NorthWestern Energy Group from a "neutral" rating to a "buy" rating in a report on Thursday, January 23rd. Finally, LADENBURG THALM/SH SH upgraded NorthWestern Energy Group from a "neutral" rating to a "buy" rating and set a $57.50 target price on the stock in a research note on Wednesday, January 15th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $60.25.

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.