NorthWestern Energy Group, Inc. (NYSE:NWE - Get Free Report) Director Britt E. Ide sold 702 shares of the business's stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $54.32, for a total value of $38,132.64. Following the completion of the transaction, the director now owns 11,021 shares in the company, valued at $598,660.72. The trade was a 5.99 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
NorthWestern Energy Group Price Performance
Shares of NorthWestern Energy Group stock traded up $1.08 on Friday, reaching $55.93. The stock had a trading volume of 412,194 shares, compared to its average volume of 392,351. NorthWestern Energy Group, Inc. has a 1 year low of $47.22 and a 1 year high of $57.49. The company has a market cap of $3.43 billion, a P/E ratio of 15.32, a price-to-earnings-growth ratio of 2.40 and a beta of 0.48. The company has a current ratio of 0.52, a quick ratio of 0.37 and a debt-to-equity ratio of 0.94. The business's 50 day moving average is $53.49 and its two-hundred day moving average is $54.25.
NorthWestern Energy Group Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be paid a dividend of $0.66 per share. This is a positive change from NorthWestern Energy Group's previous quarterly dividend of $0.65. The ex-dividend date of this dividend is Friday, March 14th. This represents a $2.64 annualized dividend and a yield of 4.72%. NorthWestern Energy Group's dividend payout ratio (DPR) is currently 72.33%.
Analyst Ratings Changes
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 report on Thursday, January 23rd. LADENBURG THALM/SH SH upgraded NorthWestern Energy Group from a "neutral" rating to a "buy" rating and set a $57.50 price objective on the stock in a research note on Wednesday, January 15th. Finally, Barclays dropped their price objective on NorthWestern Energy Group from $57.00 to $56.00 and set an "overweight" rating on the stock in a research note on Wednesday, February 19th. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, NorthWestern Energy Group presently has an average rating of "Moderate Buy" and an average target price of $59.25.
View Our Latest Report on NWE
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the stock. S.A. Mason LLC bought a new stake in NorthWestern Energy Group during the fourth quarter valued at approximately $30,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of NorthWestern Energy Group during the 3rd quarter valued at $35,000. Quest Partners LLC purchased a new stake in shares of NorthWestern Energy Group during the 3rd quarter valued at $45,000. AdvisorNet Financial Inc raised its position in shares of NorthWestern Energy Group by 29.3% during the 4th quarter. AdvisorNet Financial Inc now owns 883 shares of the company's stock valued at $47,000 after buying an additional 200 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC raised its position in shares of 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 in the last quarter. 96.07% of the stock is currently owned by institutional investors.
NorthWestern Energy Group Company Profile
(
Get Free Report)
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.
Read More
Before you consider NorthWestern Energy Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NorthWestern Energy Group wasn't on the list.
While NorthWestern Energy Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Get this report to learn how options trading can help you use the market’s volatility to your advantage.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
