Hager Investment Management Services LLC Invests $325,000 in NorthWestern Energy Group, Inc. (NYSE:NWE)

Hager Investment Management Services LLC acquired a new stake in NorthWestern Energy Group, Inc. (NYSE:NWE - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 6,075 shares of the company's stock, valued at approximately $325,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of NWE. Longboard Asset Management LP purchased a new position in NorthWestern Energy Group in the fourth quarter valued at approximately $205,000. S.A. Mason LLC purchased a new stake in NorthWestern Energy Group in the fourth quarter valued at approximately $30,000. Deroy & Devereaux Private Investment Counsel Inc. boosted its holdings in shares of NorthWestern Energy Group by 0.9% in the fourth quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 62,740 shares of the company's stock valued at $3,354,000 after acquiring an additional 535 shares during the period. KBC Group NV raised its position in NorthWestern Energy Group by 49.2% in the 4th quarter. KBC Group NV now owns 2,501 shares of the company's stock valued at $134,000 after purchasing an additional 825 shares during the last quarter. Finally, First Citizens Bank & Trust Co. raised its holdings in shares of NorthWestern Energy Group by 15.1% in the fourth quarter. First Citizens Bank & Trust Co. now owns 4,616 shares of the company's stock valued at $247,000 after buying an additional 605 shares during the last quarter. Institutional investors and hedge funds own 96.07% of the company's stock.

Analyst Ratings Changes

A number of research firms have recently issued reports on NWE. LADENBURG THALM/SH SH raised NorthWestern Energy Group from a "neutral" rating to a "buy" rating and set a $57.50 target price on the stock in a report on Wednesday, January 15th. Wells Fargo & Company lifted their price objective on NorthWestern Energy Group from $58.00 to $61.00 and gave the company an "overweight" rating in a report on Wednesday, October 16th. Barclays increased their price target on shares of NorthWestern Energy Group from $56.00 to $57.00 and gave the company an "overweight" rating in a report on Wednesday, January 22nd. JPMorgan Chase & Co. lifted their price target on shares of NorthWestern Energy Group from $56.00 to $60.00 and gave the company a "neutral" rating in a research report on Monday, October 21st. Finally, Guggenheim raised shares of NorthWestern Energy Group from a "neutral" rating to a "buy" rating in a research note on Thursday, January 23rd. Three analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $59.42.

NorthWestern Energy Group Trading Down 0.9 %

NYSE:NWE traded down $0.47 during trading hours on Friday, reaching $53.07. 479,475 shares of the company were exchanged, compared to its average volume of 321,881. The firm has a market cap of $3.25 billion, a price-to-earnings ratio of 14.30, a PEG ratio of 2.40 and a beta of 0.48. The company has a debt-to-equity ratio of 0.91, a current ratio of 0.45 and a quick ratio of 0.30. The stock has a 50 day simple moving average of $53.12 and a 200 day simple moving average of $54.10. NorthWestern Energy Group, Inc. has a 52-week low of $46.15 and a 52-week high of $57.49.

Insider Buying and Selling at NorthWestern Energy Group

In related news, Director Anthony Thomas Clark sold 7,400 shares of the stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $51.95, for a total value of $384,430.00. Following the completion of the transaction, the director now owns 16,816 shares of the company's stock, valued at approximately $873,591.20. This represents a 30.56 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Britt E. Ide sold 700 shares of the firm's stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $53.57, for a total transaction of $37,499.00. Following the sale, the director now directly owns 10,888 shares of the company's stock, valued at $583,270.16. The trade was a 6.04 % decrease in their position. The disclosure for this sale can be found here. 0.94% of the stock is owned by company insiders.

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.