NorthWestern Energy Group, Inc. (NYSE:NWE) Stock Position Decreased by Dean Investment Associates LLC

Dean Investment Associates LLC decreased its holdings in shares of NorthWestern Energy Group, Inc. (NYSE:NWE) by 64.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 27,336 shares of the company’s stock after selling 49,801 shares during the quarter. Dean Investment Associates LLC’s holdings in NorthWestern Energy Group were worth $1,461,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Norges Bank acquired a new stake in shares of NorthWestern Energy Group during the 4th quarter worth approximately $40,236,000. Raymond James Financial Inc. bought a new position in NorthWestern Energy Group during the 4th quarter worth $29,978,000. DRW Securities LLC acquired a new stake in NorthWestern Energy Group in the fourth quarter worth $11,275,000. River Road Asset Management LLC lifted its stake in NorthWestern Energy Group by 6.1% in the fourth quarter. River Road Asset Management LLC now owns 2,371,931 shares of the company’s stock valued at $126,803,000 after buying an additional 136,922 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in shares of NorthWestern Energy Group by 18.1% during the fourth quarter. Bank of New York Mellon Corp now owns 886,066 shares of the company’s stock valued at $47,369,000 after acquiring an additional 135,611 shares during the period. Institutional investors own 96.07% of the company’s stock.

NorthWestern Energy Group Trading Up 1.9 %

NorthWestern Energy Group stock opened at $58.77 on Friday. NorthWestern Energy Group, Inc. has a 12-month low of $48.47 and a 12-month high of $59.52. 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 stock has a market capitalization of $3.60 billion, a PE ratio of 16.10, a price-to-earnings-growth ratio of 2.40 and a beta of 0.33. The firm has a 50 day simple moving average of $55.55 and a 200-day simple moving average of $54.56.

NorthWestern Energy Group Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were given a dividend of $0.66 per share. The ex-dividend date of this dividend was Friday, March 14th. This is a boost from NorthWestern Energy Group’s previous quarterly dividend of $0.65. This represents a $2.64 annualized dividend and a dividend yield of 4.49%. NorthWestern Energy Group’s dividend payout ratio (DPR) is 72.33%.

Analyst Ratings Changes

NWE has been the topic of a number of analyst reports. LADENBURG THALM/SH SH raised shares of NorthWestern Energy Group from a “neutral” rating to a “buy” rating and set a $57.50 price objective on the stock in a report on Wednesday, January 15th. 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. Wells Fargo & Company boosted their price objective on NorthWestern Energy Group from $60.00 to $62.00 and gave the stock an “overweight” rating in a research report on Monday. Finally, Guggenheim upgraded NorthWestern Energy Group from a “neutral” rating to a “buy” rating in a research report on Thursday, January 23rd. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $59.42.

Insider Transactions at NorthWestern Energy Group

In related news, Director Britt E. Ide sold 702 shares of the business’s stock in a transaction that occurred 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 sale, the director now directly owns 11,021 shares in the company, valued at $598,660.72. The trade was a 5.99 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company 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.