NorthWestern Energy Group, Inc. (NYSE:NWE) Shares Sold by First PREMIER Bank

First PREMIER Bank trimmed its position in shares of NorthWestern Energy Group, Inc. (NYSE:NWE) by 1.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 72,997 shares of the company’s stock after selling 1,000 shares during the period. First PREMIER Bank owned 0.12% of NorthWestern Energy Group worth $3,903,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. V Square Quantitative Management LLC bought a new position in NorthWestern Energy Group during the 3rd quarter valued at $26,000. Wilmington Savings Fund Society FSB acquired a new position in NorthWestern Energy Group in the 3rd quarter worth approximately $35,000. Quest Partners LLC acquired a new position in NorthWestern Energy Group during the third quarter valued at $45,000. AdvisorNet Financial Inc lifted its position in shares of 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 purchasing an additional 200 shares in the last quarter. Finally, nVerses Capital LLC grew its holdings in shares of NorthWestern Energy Group by 150.0% during the 3rd quarter. nVerses Capital LLC now owns 1,000 shares of the company’s stock valued at $57,000 after acquiring an additional 600 shares in the last quarter. 96.07% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several brokerages have recently commented on NWE. Mizuho increased their price target on shares of NorthWestern Energy Group from $52.00 to $56.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 9th. Barclays boosted their price objective on shares of NorthWestern Energy Group from $56.00 to $57.00 and gave the stock an “overweight” rating in a report on Wednesday. Wells Fargo & Company lifted their target price on shares of NorthWestern Energy Group from $58.00 to $61.00 and gave the company an “overweight” rating in a research report on Wednesday, October 16th. JPMorgan Chase & Co. increased their price objective on NorthWestern Energy Group from $56.00 to $60.00 and gave the stock a “neutral” rating in a research note on Monday, October 21st. Finally, StockNews.com downgraded NorthWestern Energy Group from a “buy” rating to a “hold” rating in a report on Tuesday, October 8th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $59.42.

NorthWestern Energy Group Stock Down 3.1 %

Shares of NYSE NWE opened at $53.35 on Thursday. NorthWestern Energy Group, Inc. has a 1 year low of $46.15 and a 1 year high of $57.49. The company has a current ratio of 0.45, a quick ratio of 0.30 and a debt-to-equity ratio of 0.91. The firm has a market capitalization of $3.27 billion, a PE ratio of 15.08, a price-to-earnings-growth ratio of 2.46 and a beta of 0.48. The firm’s 50-day moving average is $53.55 and its 200-day moving average is $53.92.

NorthWestern Energy Group (NYSE:NWE) last released its quarterly earnings data on Monday, October 28th. The company reported $0.65 EPS for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.05). The firm had revenue of $345.20 million during the quarter, compared to the consensus estimate of $344.06 million. NorthWestern Energy Group had a net margin of 15.15% and a return on equity of 7.95%. During the same quarter in the prior year, the company earned $0.49 EPS. Equities analysts expect that NorthWestern Energy Group, Inc. will post 3.39 EPS for the current year.

NorthWestern Energy Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a $0.65 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $2.60 dividend on an annualized basis and a dividend yield of 4.87%. NorthWestern Energy Group’s payout ratio is 70.08%.

Insider Buying and Selling at NorthWestern Energy Group

In other news, Director Anthony Thomas Clark sold 7,400 shares of the firm’s stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $51.95, for a total transaction of $384,430.00. Following the transaction, the director now directly owns 16,816 shares of the company’s stock, valued at approximately $873,591.20. This trade represents a 30.56 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Britt E. Ide sold 700 shares of the company’s stock in a transaction on Monday, December 9th. The shares were sold at an average price of $53.57, for a total value of $37,499.00. Following the sale, the director now owns 10,888 shares of the company’s stock, valued at approximately $583,270.16. The trade was 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.