Fuller & Thaler Asset Management Inc. Sells 650,676 Shares of NorthWestern Energy Group, Inc. (NYSE:NWE)

Fuller & Thaler Asset Management Inc. lessened its stake in shares of NorthWestern Energy Group, Inc. (NYSE:NWE - Free Report) by 54.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 549,848 shares of the company's stock after selling 650,676 shares during the quarter. Fuller & Thaler Asset Management Inc. owned about 0.90% of NorthWestern Energy Group worth $29,395,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in NWE. Hsbc Holdings PLC increased its holdings in shares of NorthWestern Energy Group by 48.4% during the fourth quarter. Hsbc Holdings PLC now owns 15,231 shares of the company's stock valued at $810,000 after acquiring an additional 4,965 shares in the last quarter. Van Lanschot Kempen Investment Management N.V. acquired a new position in NorthWestern Energy Group during the fourth quarter worth $5,273,000. Tower Research Capital LLC TRC grew its holdings in shares of NorthWestern Energy Group by 272.2% during the fourth quarter. Tower Research Capital LLC TRC now owns 6,778 shares of the company's stock valued at $362,000 after buying an additional 4,957 shares during the last quarter. MetLife Investment Management LLC increased its position in shares of NorthWestern Energy Group by 4.5% during the fourth quarter. MetLife Investment Management LLC now owns 102,415 shares of the company's stock worth $5,475,000 after acquiring an additional 4,453 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in shares of NorthWestern Energy Group by 0.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,033,437 shares of the company's stock worth $55,248,000 after acquiring an additional 4,544 shares during the last quarter. 96.07% of the stock is owned by institutional investors.

NorthWestern Energy Group Stock Performance

Shares of NWE traded down $0.23 during mid-day trading on Friday, hitting $58.28. The stock had a trading volume of 279,157 shares, compared to its average volume of 381,482. The firm has a market cap of $3.57 billion, a P/E ratio of 15.97, a PEG ratio of 2.40 and a beta of 0.33. NorthWestern Energy Group, Inc. has a 52 week low of $48.52 and a 52 week 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 business has a fifty day moving average price of $56.19 and a 200-day moving average price of $54.67.

NorthWestern Energy Group Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders 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 represents a $2.64 annualized dividend and a dividend yield of 4.53%. This is an increase from NorthWestern Energy Group's previous quarterly dividend of $0.65. NorthWestern Energy Group's dividend payout ratio is currently 72.33%.

Insider Transactions at NorthWestern Energy Group

In related news, Director Britt E. Ide sold 702 shares of the stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $54.32, for a total transaction of $38,132.64. Following the sale, the director now owns 11,021 shares of the company's stock, valued at approximately $598,660.72. This represents a 5.99 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.94% of the company's stock.

Analyst Ratings Changes

NWE has been the subject of several analyst reports. LADENBURG THALM/SH SH raised NorthWestern Energy Group from a "neutral" rating to a "buy" rating and set a $57.50 price objective for the company in a research note on Wednesday, January 15th. Guggenheim upgraded shares of NorthWestern Energy Group from a "neutral" rating to a "buy" rating in a research note on Thursday, January 23rd. Barclays raised their price target on shares of NorthWestern Energy Group from $56.00 to $59.00 and gave the company an "overweight" rating in a research report on Tuesday, April 22nd. Finally, Wells Fargo & Company lifted their target price on shares of NorthWestern Energy Group from $60.00 to $62.00 and gave the stock an "overweight" rating in a research report on Monday, April 14th. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $59.92.

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.