Voya Investment Management LLC Has $11.19 Million Position in NorthWestern Energy Group, Inc. (NYSE:NWE)

Voya Investment Management LLC lowered its stake in shares of NorthWestern Energy Group, Inc. (NYSE:NWE - Free Report) by 3.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 209,237 shares of the company's stock after selling 7,713 shares during the quarter. Voya Investment Management LLC owned about 0.34% of NorthWestern Energy Group worth $11,186,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. S.A. Mason LLC bought a new position in shares of NorthWestern Energy Group during the 4th quarter worth about $30,000. Wilmington Savings Fund Society FSB acquired a new stake in NorthWestern Energy Group during the third quarter worth about $35,000. AdvisorNet Financial Inc increased its stake in NorthWestern Energy Group by 29.3% during the fourth quarter. AdvisorNet Financial Inc now owns 883 shares of the company's stock valued at $47,000 after acquiring an additional 200 shares during the period. Steward Partners Investment Advisory LLC raised its holdings 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 acquiring an additional 465 shares in the last quarter. Finally, EverSource Wealth Advisors LLC lifted its position in shares of NorthWestern Energy Group by 280.7% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,203 shares of the company's stock worth $64,000 after acquiring an additional 887 shares during the period. 96.07% of the stock is currently owned by institutional investors and hedge funds.

NorthWestern Energy Group Price Performance

NYSE:NWE remained flat at $58.20 on Friday. 360,124 shares of the company's stock were exchanged, compared to its average volume of 386,165. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.52 and a quick ratio of 0.37. The firm has a market cap of $3.57 billion, a P/E ratio of 15.95, a P/E/G ratio of 2.40 and a beta of 0.40. NorthWestern Energy Group, Inc. has a 52-week low of $48.52 and a 52-week high of $59.89. The stock's fifty day simple moving average is $56.65 and its two-hundred day simple moving average is $54.76.

NorthWestern Energy Group (NYSE:NWE - Get Free Report) last announced its earnings results 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 in the prior year, the company posted $1.09 EPS. The firm's revenue for the quarter was down 1.8% compared to the same quarter last year. Sell-side analysts predict that NorthWestern Energy Group, Inc. will post 3.63 earnings per share for the current fiscal year.

NorthWestern Energy Group Announces Dividend

The business also recently declared 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 of this dividend is Friday, June 13th. This represents a $2.64 annualized dividend and a yield of 4.54%. NorthWestern Energy Group's dividend payout ratio (DPR) is 68.75%.

Insiders Place Their Bets

In other NorthWestern Energy Group news, Director Britt E. Ide sold 702 shares of the company's stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $54.32, for a total transaction of $38,132.64. Following the transaction, the director now owns 11,021 shares of the company's stock, valued at approximately $598,660.72. This represents a 5.99 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.94% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on NWE shares. LADENBURG THALM/SH SH upgraded 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. Guggenheim upgraded shares of NorthWestern Energy Group from a "neutral" rating to a "buy" rating in a research note on Thursday, January 23rd. Barclays lifted 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. Finally, Wells Fargo & Company increased 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 report on Thursday. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $60.25.

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.