NorthWestern Energy Group, Inc. (NYSE:NWE) VP Sells $68,512.50 in Stock

NorthWestern Energy Group, Inc. (NYSE:NWE) VP Bobbi L. Schroeppel sold 1,350 shares of NorthWestern Energy Group stock in a transaction that occurred on Wednesday, May 1st. The stock was sold at an average price of $50.75, for a total value of $68,512.50. Following the completion of the sale, the vice president now owns 31,814 shares of the company’s stock, valued at $1,614,560.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

NorthWestern Energy Group Price Performance

Shares of NYSE NWE opened at $51.18 on Friday. The company has a market capitalization of $3.14 billion, a PE ratio of 15.41 and a beta of 0.43. The company has a quick ratio of 0.55, a current ratio of 0.89 and a debt-to-equity ratio of 0.99. The stock’s 50 day moving average price is $49.47 and its 200-day moving average price is $49.56. NorthWestern Energy Group, Inc. has a twelve month low of $45.97 and a twelve month high of $60.29.

NorthWestern Energy Group (NYSE:NWE) last posted its quarterly earnings data on Thursday, April 25th. The company reported $1.09 earnings per share for the quarter, missing the consensus estimate of $1.39 by ($0.30). The business had revenue of $475.30 million during the quarter, compared to analysts’ expectations of $471.60 million. NorthWestern Energy Group had a return on equity of 7.31% and a net margin of 13.62%. The firm’s revenue for the quarter was up 4.6% on a year-over-year basis. During the same period in the prior year, the firm posted $1.05 EPS. On average, equities analysts anticipate that NorthWestern Energy Group, Inc. will post 3.53 EPS for the current year.

NorthWestern Energy Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 14th will be given a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a dividend yield of 5.08%. The ex-dividend date of this dividend is Friday, June 14th. NorthWestern Energy Group’s dividend payout ratio is currently 80.50%.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on NWE shares. Guggenheim upgraded shares of NorthWestern Energy Group from a “sell” rating to a “neutral” rating and set a $47.00 price target for the company in a report on Monday, January 22nd. StockNews.com raised shares of NorthWestern Energy Group from a “sell” rating to a “hold” rating in a research report on Tuesday, April 16th. JPMorgan Chase & Co. upped their price target on NorthWestern Energy Group from $53.00 to $54.00 and gave the stock a “neutral” rating in a research note on Thursday, March 21st. Finally, Barclays increased their price target on NorthWestern Energy Group from $48.00 to $49.00 and gave the stock an “underweight” rating in a report on Monday, January 22nd. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat.com, NorthWestern Energy Group presently has a consensus rating of “Hold” and an average target price of $51.71.

Institutional Trading of NorthWestern Energy Group

Hedge funds have recently made changes to their positions in the company. Headlands Technologies LLC increased its holdings in NorthWestern Energy Group by 138.1% in the 4th quarter. Headlands Technologies LLC now owns 550 shares of the company’s stock worth $28,000 after acquiring an additional 319 shares during the last quarter. Fidelis Capital Partners LLC purchased a new position in shares of NorthWestern Energy Group in the first quarter worth about $28,000. GAMMA Investing LLC bought a new stake in shares of NorthWestern Energy Group in the fourth quarter valued at approximately $38,000. CWM LLC lifted its stake in shares of NorthWestern Energy Group by 499.5% during the 4th quarter. CWM LLC now owns 1,127 shares of the company’s stock valued at $57,000 after buying an additional 939 shares in the last quarter. Finally, Principal Securities Inc. purchased a new stake in shares of NorthWestern Energy Group during the 4th quarter valued at approximately $66,000. 96.07% of the stock is currently owned by institutional investors.

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.