NorthWestern Energy Group, Inc. (NYSE:NWE) Receives Average Recommendation of "Moderate Buy" from Brokerages

NorthWestern Energy Group, Inc. (NYSE:NWE - Get Free Report) has earned an average rating of "Moderate Buy" from the seven analysts that are presently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $59.25.

Several research analysts have recently commented on NWE shares. 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 report on Wednesday, January 15th. Guggenheim upgraded shares of NorthWestern Energy Group from a "neutral" rating to a "buy" rating in a research report on Thursday, January 23rd. Finally, Barclays decreased their price target on shares of NorthWestern Energy Group from $57.00 to $56.00 and set an "overweight" rating on the stock in a report on Wednesday, February 19th.

NorthWestern Energy Group Price Performance

NorthWestern Energy Group stock traded up $0.04 during midday trading on Friday, hitting $54.76. 740,598 shares of the company's stock were exchanged, compared to its average volume of 371,744. The company has a market cap of $3.36 billion, a P/E ratio of 15.00, a PEG ratio of 2.40 and a beta of 0.33. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.37 and a current ratio of 0.52. The stock has a 50-day moving average price of $55.05 and a two-hundred day moving average price of $54.54. NorthWestern Energy Group has a 52-week low of $47.48 and a 52-week high of $59.52.

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NorthWestern Energy Group Increases Dividend

The firm also recently declared 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. 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 yield of 4.82%. The ex-dividend date was Friday, March 14th. NorthWestern Energy Group's dividend payout ratio (DPR) is presently 72.33%.

Insider Transactions at NorthWestern Energy Group

In other news, Director Britt E. Ide sold 702 shares of NorthWestern Energy Group stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $54.32, for a total value of $38,132.64. Following the transaction, the director now 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 filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.94% of the company's stock.

Institutional Investors Weigh In On NorthWestern Energy Group

Institutional investors have recently bought and sold shares of the stock. S.A. Mason LLC bought a new stake in NorthWestern Energy Group in the fourth quarter valued at approximately $30,000. Wilmington Savings Fund Society FSB purchased a new position in shares of NorthWestern Energy Group in the third quarter worth $35,000. AdvisorNet Financial Inc raised its holdings in 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 during the last quarter. Steward Partners Investment Advisory LLC raised 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 boosted 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 valued at $64,000 after buying an additional 887 shares during the period. 96.07% of the stock is currently owned by hedge funds and other institutional investors.

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.