NorthWestern Energy Group, Inc. (NYSE:NWE) Shares Sold by Huber Capital Management LLC

Huber Capital Management LLC trimmed its stake in shares of NorthWestern Energy Group, Inc. (NYSE:NWE - Free Report) by 32.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 10,170 shares of the company's stock after selling 4,937 shares during the quarter. Huber Capital Management LLC's holdings in NorthWestern Energy Group were worth $544,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. S.A. Mason LLC purchased a new stake in shares of NorthWestern Energy Group in the fourth quarter valued at approximately $30,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of NorthWestern Energy Group in the 3rd quarter worth about $35,000. AdvisorNet Financial Inc grew its position in shares of NorthWestern Energy Group by 29.3% in the fourth quarter. AdvisorNet Financial Inc now owns 883 shares of the company's stock valued at $47,000 after purchasing an additional 200 shares during the last quarter. Steward Partners Investment Advisory LLC grew its holdings in NorthWestern Energy Group by 91.9% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 971 shares of the company's stock valued at $52,000 after buying an additional 465 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its position in NorthWestern Energy Group by 280.7% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,203 shares of the company's stock worth $64,000 after purchasing an additional 887 shares in the last quarter. 96.07% of the stock is owned by institutional investors and hedge funds.

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Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on NWE shares. LADENBURG THALM/SH SH upgraded NorthWestern Energy Group from a "neutral" rating to a "buy" rating and set a $57.50 target price on the stock in a research report on Wednesday, January 15th. Barclays decreased their target price on NorthWestern Energy Group from $57.00 to $56.00 and set an "overweight" rating for the company in a report on Wednesday, February 19th. Finally, Guggenheim upgraded 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 issued a buy rating to the company's stock. According to data from MarketBeat, NorthWestern Energy Group has an average rating of "Moderate Buy" and a consensus target price of $59.25.

Insider Buying and Selling

In related news, Director Britt E. Ide sold 702 shares of the company's stock in a transaction 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 of the company's stock, valued at $598,660.72. This represents a 5.99 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.94% of the company's stock.

NorthWestern Energy Group Stock Up 1.3 %

NorthWestern Energy Group stock traded up $0.69 during midday trading on Tuesday, hitting $55.41. 183,304 shares of the stock were exchanged, compared to its average volume of 488,264. NorthWestern Energy Group, Inc. has a 1 year low of $47.48 and a 1 year 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 firm has a market cap of $3.40 billion, a P/E ratio of 15.17, a P/E/G ratio of 2.40 and a beta of 0.33. The company has a 50 day moving average price of $55.02 and a two-hundred day moving average price of $54.55.

NorthWestern Energy Group Increases Dividend

The firm also recently announced 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. This represents a $2.64 dividend on an annualized basis and a dividend yield of 4.76%. This is a positive change from NorthWestern Energy Group's previous quarterly dividend of $0.65. The ex-dividend date was Friday, March 14th. NorthWestern Energy Group's payout ratio is presently 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.