Barclays PLC Has $8.06 Million Stock Holdings in NorthWestern Energy Group, Inc. (NYSE:NWE)

Barclays PLC raised its holdings in shares of NorthWestern Energy Group, Inc. (NYSE:NWE - Free Report) by 36.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 150,695 shares of the company's stock after purchasing an additional 40,124 shares during the period. Barclays PLC owned about 0.25% of NorthWestern Energy Group worth $8,056,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of NWE. S.A. Mason LLC acquired a new stake in shares of NorthWestern Energy Group in the 4th quarter worth about $30,000. Wilmington Savings Fund Society FSB acquired a new stake in NorthWestern Energy Group in the 3rd quarter valued at about $35,000. AdvisorNet Financial Inc boosted 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 purchasing an additional 200 shares in the last quarter. Steward Partners Investment Advisory LLC grew its stake in shares of NorthWestern Energy Group by 91.9% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 971 shares of the company's stock worth $52,000 after purchasing an additional 465 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its stake in NorthWestern Energy Group by 280.7% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,203 shares of the company's stock valued at $64,000 after purchasing an additional 887 shares during the last quarter. Institutional investors and hedge funds own 96.07% of the company's stock.

NorthWestern Energy Group Stock Down 0.4 %

Shares of NYSE NWE traded down $0.23 during mid-day trading on Friday, reaching $58.28. The company had a trading volume of 279,157 shares, compared to its average volume of 381,482. 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 company has a market capitalization of $3.57 billion, a price-to-earnings ratio of 15.97, a PEG ratio of 2.40 and a beta of 0.33. The stock has a fifty day moving average of $56.19 and a two-hundred day moving average of $54.67. NorthWestern Energy Group, Inc. has a 12-month low of $48.52 and a 12-month high of $59.52.

NorthWestern Energy Group Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were paid a dividend of $0.66 per share. The ex-dividend date was Friday, March 14th. This represents a $2.64 dividend on an annualized basis and a dividend yield of 4.53%. This is a positive change from NorthWestern Energy Group's previous quarterly dividend of $0.65. NorthWestern Energy Group's dividend payout ratio (DPR) is 72.33%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on NWE shares. Guggenheim upgraded NorthWestern Energy Group from a "neutral" rating to a "buy" rating in a research 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 target for the company in a research report on Wednesday, January 15th. Barclays lifted their price target on NorthWestern Energy Group from $56.00 to $59.00 and gave the stock an "overweight" rating in a research note on Tuesday, April 22nd. Finally, Wells Fargo & Company raised their target price on shares of NorthWestern Energy Group from $60.00 to $62.00 and gave the stock an "overweight" rating in a report on Monday, April 14th. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, NorthWestern Energy Group presently has an average rating of "Moderate Buy" and a consensus target price of $59.92.

Insider Activity

In related news, Director Britt E. Ide sold 702 shares of NorthWestern Energy Group stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $54.32, for a total transaction of $38,132.64. Following the completion of the sale, the director now owns 11,021 shares of the company's stock, valued at approximately $598,660.72. This trade represents a 5.99 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.94% of the stock is currently owned by corporate insiders.

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.