Charles Schwab Investment Management Inc. Has $48.54 Million Holdings in NorthWestern Energy Group, Inc. (NYSE:NWE)

Charles Schwab Investment Management Inc. increased its holdings in shares of NorthWestern Energy Group, Inc. (NYSE:NWE - Free Report) by 2.4% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 848,294 shares of the company's stock after acquiring an additional 19,542 shares during the period. Charles Schwab Investment Management Inc. owned about 1.38% of NorthWestern Energy Group worth $48,539,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. AQR Capital Management LLC lifted its stake in shares of NorthWestern Energy Group by 36.4% in the 2nd quarter. AQR Capital Management LLC now owns 396,409 shares of the company's stock valued at $19,840,000 after purchasing an additional 105,845 shares during the period. Dimensional Fund Advisors LP increased its position in shares of NorthWestern Energy Group by 6.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,027,698 shares of the company's stock valued at $51,467,000 after buying an additional 61,216 shares in the last quarter. Meritage Portfolio Management increased its holdings in NorthWestern Energy Group by 1,218.2% during the 3rd quarter. Meritage Portfolio Management now owns 60,954 shares of the company's stock worth $3,488,000 after purchasing an additional 56,330 shares in the last quarter. Hsbc Holdings PLC increased its holdings in NorthWestern Energy Group by 600.3% during the 2nd quarter. Hsbc Holdings PLC now owns 49,555 shares of the company's stock worth $2,479,000 after purchasing an additional 42,479 shares in the last quarter. Finally, Inspire Advisors LLC bought a new position in shares of NorthWestern Energy Group in the 2nd quarter valued at about $1,688,000. 96.07% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

NWE has been the subject of several recent analyst reports. StockNews.com downgraded shares of NorthWestern Energy Group from a "buy" rating to a "hold" rating in a research note on Tuesday, October 8th. Bank of America initiated coverage on shares of NorthWestern Energy Group in a research note on Thursday, September 12th. They issued a "buy" rating and a $65.00 target price for the company. JPMorgan Chase & Co. raised their target price on shares of NorthWestern Energy Group from $56.00 to $60.00 and gave the company a "neutral" rating in a research note on Monday, October 21st. Mizuho raised their target price on shares of NorthWestern Energy Group from $52.00 to $56.00 and gave the company a "neutral" rating in a research note on Wednesday, October 9th. Finally, Wells Fargo & Company raised their price objective on shares of NorthWestern Energy Group from $58.00 to $61.00 and gave the stock an "overweight" rating in a research report on Wednesday, October 16th. One research analyst has rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, NorthWestern Energy Group currently has an average rating of "Hold" and an average target price of $57.00.

NorthWestern Energy Group Price Performance

NYSE:NWE traded down $0.79 during mid-day trading on Monday, reaching $54.45. The stock had a trading volume of 328,903 shares, compared to its average volume of 347,156. The stock has a 50-day simple moving average of $55.28 and a two-hundred day simple moving average of $53.32. The stock has a market capitalization of $3.34 billion, a PE ratio of 14.68, a P/E/G ratio of 2.66 and a beta of 0.47. The company has a debt-to-equity ratio of 0.91, a current ratio of 0.45 and a quick ratio of 0.30. NorthWestern Energy Group, Inc. has a 12 month low of $46.15 and a 12 month high of $57.49.

NorthWestern Energy Group (NYSE:NWE - Get Free Report) last announced its quarterly earnings data on Monday, October 28th. The company reported $0.65 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.70 by ($0.05). The firm had revenue of $345.20 million during the quarter, compared to the consensus estimate of $344.06 million. NorthWestern Energy Group had a net margin of 15.15% and a return on equity of 7.95%. During the same period last year, the business earned $0.49 earnings per share. On average, equities analysts anticipate that NorthWestern Energy Group, Inc. will post 3.39 earnings per share for the current year.

NorthWestern Energy Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be paid a dividend of $0.65 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $2.60 dividend on an annualized basis and a dividend yield of 4.78%. NorthWestern Energy Group's payout ratio is presently 70.08%.

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.