First Eagle Investment Management LLC Grows Holdings in NorthWestern Energy Group, Inc. (NYSE:NWE)

First Eagle Investment Management LLC raised its position in NorthWestern Energy Group, Inc. (NYSE:NWE - Free Report) by 40.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 128,199 shares of the company's stock after purchasing an additional 37,100 shares during the quarter. First Eagle Investment Management LLC owned 0.21% of NorthWestern Energy Group worth $6,854,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. S.A. Mason LLC bought a new position in NorthWestern Energy Group during the fourth quarter worth $30,000. Wilmington Savings Fund Society FSB bought a new position in NorthWestern Energy Group during the third quarter worth $35,000. Quest Partners LLC bought a new position in NorthWestern Energy Group during the third quarter worth $45,000. AdvisorNet Financial Inc raised its stake in NorthWestern Energy Group by 29.3% during the fourth quarter. AdvisorNet Financial Inc now owns 883 shares of the company's stock worth $47,000 after buying an additional 200 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC raised its stake in NorthWestern Energy Group by 91.9% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 971 shares of the company's stock worth $52,000 after buying an additional 465 shares during the last quarter. 96.07% of the stock is currently owned by institutional investors.

Insider Activity

In related news, Director Britt E. Ide sold 702 shares of the business's stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $54.32, for a total transaction of $38,132.64. Following the transaction, the director now directly owns 11,021 shares in the company, valued at approximately $598,660.72. The trade was a 5.99 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.57% of the company's stock.

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Wall Street Analyst Weigh In

A number of brokerages recently weighed in on NWE. Guggenheim raised shares of NorthWestern Energy Group from a "neutral" rating to a "buy" rating in a research note on Thursday, January 23rd. Barclays decreased their price target on shares of NorthWestern Energy Group from $57.00 to $56.00 and set an "overweight" rating for the company in a research note on Wednesday, February 19th. Finally, LADENBURG THALM/SH SH raised shares of 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. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $59.25.

NorthWestern Energy Group Stock Down 0.4 %

Shares of NYSE NWE traded down $0.22 during mid-day trading on Thursday, reaching $56.18. 449,649 shares of the company's stock traded hands, compared to its average volume of 332,029. The stock has a market cap of $3.45 billion, a P/E ratio of 15.39, a PEG ratio of 2.40 and a beta of 0.45. The business has a 50-day simple moving average of $54.23 and a 200 day simple moving average of $54.45. NorthWestern Energy Group, Inc. has a 1-year low of $47.48 and a 1-year high of $57.49. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.52 and a quick ratio of 0.37.

NorthWestern Energy Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be issued a dividend of $0.66 per share. This is a boost from NorthWestern Energy Group's previous quarterly dividend of $0.65. This represents a $2.64 dividend on an annualized basis and a dividend yield of 4.70%. The ex-dividend date of this dividend is Friday, March 14th. NorthWestern Energy Group's dividend payout ratio (DPR) is currently 72.33%.

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.