Dean Investment Associates LLC Sells 44,415 Shares of NorthWestern Energy Group, Inc. (NYSE:NWE)

Dean Investment Associates LLC cut its holdings in shares of NorthWestern Energy Group, Inc. (NYSE:NWE - Free Report) by 36.5% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 77,137 shares of the company's stock after selling 44,415 shares during the period. Dean Investment Associates LLC owned 0.13% of NorthWestern Energy Group worth $4,414,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. V Square Quantitative Management LLC purchased a new position in NorthWestern Energy Group during the 3rd quarter valued at $26,000. Quest Partners LLC bought a new position in NorthWestern Energy Group in the third quarter worth about $45,000. CWM LLC raised its stake in NorthWestern Energy Group by 140.2% in the second quarter. CWM LLC now owns 992 shares of the company's stock worth $50,000 after buying an additional 579 shares in the last quarter. GAMMA Investing LLC boosted its position in NorthWestern Energy Group by 142.9% during the 2nd quarter. GAMMA Investing LLC now owns 1,139 shares of the company's stock valued at $57,000 after acquiring an additional 670 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 worth $57,000 after acquiring an additional 600 shares during the period. 96.07% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have recently commented on NWE shares. Bank of America initiated coverage on NorthWestern Energy Group in a research note on Thursday, September 12th. They issued a "buy" rating and a $65.00 target price for the company. Mizuho boosted their target price on shares of NorthWestern Energy Group from $52.00 to $56.00 and gave the company a "neutral" rating in a report on Wednesday, October 9th. StockNews.com lowered shares of NorthWestern Energy Group from a "buy" rating to a "hold" rating in a research note on Tuesday, October 8th. Wells Fargo & Company boosted their price objective on shares of NorthWestern Energy Group from $58.00 to $61.00 and gave the stock an "overweight" rating in a research note on Wednesday, October 16th. Finally, JPMorgan Chase & Co. raised their target price on shares of NorthWestern Energy Group from $56.00 to $60.00 and gave the company a "neutral" rating in a research note on Monday, October 21st. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $57.00.

NorthWestern Energy Group Stock Down 0.7 %

NorthWestern Energy Group stock traded down $0.37 during trading hours on Friday, hitting $53.43. The stock had a trading volume of 228,474 shares, compared to its average volume of 351,002. The stock's 50-day moving average price is $55.04 and its 200-day moving average price is $53.36. NorthWestern Energy Group, Inc. has a 12-month low of $46.15 and a 12-month high of $57.49. The company has a quick ratio of 0.30, a current ratio of 0.45 and a debt-to-equity ratio of 0.91. The stock has a market capitalization of $3.28 billion, a P/E ratio of 14.40, a price-to-earnings-growth ratio of 2.60 and a beta of 0.48.

NorthWestern Energy Group (NYSE:NWE - Get Free Report) last posted its earnings results on Monday, October 28th. The company reported $0.65 EPS for the quarter, missing analysts' consensus estimates of $0.70 by ($0.05). NorthWestern Energy Group had a return on equity of 7.95% and a net margin of 15.15%. The business had revenue of $345.20 million during the quarter, compared to the consensus estimate of $344.06 million. During the same period in the previous year, the business posted $0.49 EPS. Equities research analysts anticipate that NorthWestern Energy Group, Inc. will post 3.39 EPS for the current fiscal year.

NorthWestern Energy Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be paid a $0.65 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $2.60 dividend on an annualized basis and a dividend yield of 4.87%. NorthWestern Energy Group's dividend payout ratio is presently 70.08%.

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.