Systematic Financial Management LP Has $59.37 Million Stock Position in NorthWestern Energy Group, Inc. (NYSE:NWE)

Systematic Financial Management LP raised its stake in shares of NorthWestern Energy Group, Inc. (NYSE:NWE - Free Report) by 3.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,110,574 shares of the company's stock after buying an additional 40,140 shares during the quarter. NorthWestern Energy Group comprises 1.5% of Systematic Financial Management LP's portfolio, making the stock its 6th biggest position. Systematic Financial Management LP owned 1.81% of NorthWestern Energy Group worth $59,371,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of NWE. Vanguard Group Inc. grew its holdings in NorthWestern Energy Group by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 6,849,519 shares of the company's stock valued at $366,175,000 after purchasing 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% during the fourth quarter. River Road Asset Management LLC now owns 2,371,931 shares of the company's stock worth $126,803,000 after purchasing an additional 136,922 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of NorthWestern Energy Group by 0.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,033,437 shares of the company's stock valued at $55,248,000 after buying an additional 4,544 shares during the period. First Trust Advisors LP grew its holdings in shares of NorthWestern Energy Group by 391.6% in the 4th quarter. First Trust Advisors LP now owns 999,884 shares of the company's stock valued at $53,454,000 after buying an additional 796,500 shares during the period. Finally, Invesco Ltd. increased its position in shares of NorthWestern Energy Group by 9.9% in the 4th quarter. Invesco Ltd. now owns 904,579 shares of the company's stock valued at $48,359,000 after buying an additional 81,852 shares in the last quarter. 96.07% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have weighed in on NWE shares. Guggenheim upgraded NorthWestern Energy Group from a "neutral" rating to a "buy" rating in a report on Thursday, January 23rd. Wells Fargo & Company lifted their price objective on NorthWestern Energy Group from $62.00 to $64.00 and gave the company an "overweight" rating in a report on Thursday, May 1st. Barclays increased their target price on NorthWestern Energy Group from $56.00 to $59.00 and gave the stock an "overweight" rating in a research note on Tuesday, April 22nd. Finally, BMO Capital Markets initiated coverage on shares of NorthWestern Energy Group in a research note on Tuesday, May 13th. They issued a "market perform" rating and a $60.00 price target on the stock. Four investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, NorthWestern Energy Group has an average rating of "Moderate Buy" and an average target price of $60.21.

NorthWestern Energy Group Stock Down 0.4%

NYSE NWE traded down $0.21 during trading on Tuesday, hitting $56.31. The stock had a trading volume of 319,424 shares, compared to its average volume of 393,557. NorthWestern Energy Group, Inc. has a 12 month low of $48.52 and a 12 month high of $59.89. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.37 and a current ratio of 0.52. The company's 50-day moving average price is $56.84 and its two-hundred day moving average price is $54.90. The company has a market capitalization of $3.46 billion, a PE ratio of 15.43, a P/E/G ratio of 2.40 and a beta of 0.40.

NorthWestern Energy Group (NYSE:NWE - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The company reported $1.22 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.18 by $0.04. NorthWestern Energy Group had a net margin of 14.81% and a return on equity of 7.40%. During the same period in the prior year, the firm earned $1.09 EPS. The firm's quarterly revenue was down 1.8% compared to the same quarter last year. As a group, sell-side analysts forecast that NorthWestern Energy Group, Inc. will post 3.63 EPS 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. Stockholders of record on Friday, June 13th will be issued a $0.66 dividend. This represents a $2.64 annualized dividend and a dividend yield of 4.69%. The ex-dividend date of this dividend is Friday, June 13th. NorthWestern Energy Group's payout ratio is 68.75%.

Insider Activity at NorthWestern Energy Group

In related news, Director Britt E. Ide sold 702 shares of the firm's stock in a transaction on 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 of the company's stock, valued at approximately $598,660.72. This trade represents a 5.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.94% of the stock is owned by company insiders.

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.