Venturi Wealth Management LLC Takes Position in NorthWestern Energy Group, Inc. (NYSE:NWE)

Venturi Wealth Management LLC acquired a new position in NorthWestern Energy Group, Inc. (NYSE:NWE) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 1,725 shares of the company’s stock, valued at approximately $92,000.

Other institutional investors have also recently bought and sold shares of the company. S.A. Mason LLC acquired a new position in shares of NorthWestern Energy Group in the 4th quarter valued at about $30,000. Wilmington Savings Fund Society FSB purchased a new position in NorthWestern Energy Group during the third quarter valued at approximately $35,000. Quest Partners LLC acquired a new position in NorthWestern Energy Group in the 3rd quarter valued at approximately $45,000. AdvisorNet Financial Inc lifted its position in NorthWestern Energy Group by 29.3% in the 4th quarter. AdvisorNet Financial Inc now owns 883 shares of the company’s stock worth $47,000 after buying an additional 200 shares in the last quarter. Finally, Asset Management One Co. Ltd. acquired a new stake in shares of NorthWestern Energy Group during the 4th quarter valued at $73,000. 96.07% of the stock is currently owned by institutional investors and hedge funds.

NorthWestern Energy Group Trading Up 0.7 %

NorthWestern Energy Group stock opened at $53.92 on Monday. NorthWestern Energy Group, Inc. has a one year low of $47.22 and a one year high of $57.49. The company’s fifty day moving average price is $53.17 and its two-hundred day moving average price is $54.16. 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 company has a market capitalization of $3.31 billion, a price-to-earnings ratio of 14.77, a PEG ratio of 2.40 and a beta of 0.48.

NorthWestern Energy Group Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be paid a $0.66 dividend. This represents a $2.64 dividend on an annualized basis and a dividend yield of 4.90%. This is an increase from NorthWestern Energy Group’s previous quarterly dividend of $0.65. The ex-dividend date of this dividend is Friday, March 14th. NorthWestern Energy Group’s dividend payout ratio (DPR) is presently 71.23%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the stock. Barclays dropped their price target on shares of NorthWestern Energy Group from $57.00 to $56.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 19th. Guggenheim raised NorthWestern Energy Group from a “neutral” rating to a “buy” rating in a research report on Thursday, January 23rd. Finally, LADENBURG THALM/SH SH raised NorthWestern Energy Group from a “neutral” rating to a “buy” rating and set a $57.50 price target for the company in a research note on Wednesday, January 15th. 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 a consensus rating of “Moderate Buy” and an average price target of $59.25.

Insider Buying and Selling

In related news, Director Anthony Thomas Clark sold 7,400 shares of NorthWestern Energy Group stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $51.95, for a total value of $384,430.00. Following the transaction, the director now owns 16,816 shares in the company, valued at $873,591.20. This trade represents a 30.56 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Britt E. Ide sold 700 shares of the company’s stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $53.57, for a total transaction of $37,499.00. Following the sale, the director now owns 10,888 shares of the company’s stock, valued at $583,270.16. This trade represents a 6.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.94% of the company’s stock.

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.