Nisa Investment Advisors LLC Purchases 22,784 Shares of NorthWestern Energy Group, Inc. (NYSE:NWE)

Nisa Investment Advisors LLC increased its position in shares of NorthWestern Energy Group, Inc. (NYSE:NWE - Free Report) by 81.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,926 shares of the company's stock after purchasing an additional 22,784 shares during the period. Nisa Investment Advisors LLC owned 0.08% of NorthWestern Energy Group worth $2,914,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Ancora Advisors LLC acquired a new position in shares of NorthWestern Energy Group in the 1st quarter worth approximately $6,550,000. AQR Capital Management LLC lifted its position in shares of NorthWestern Energy Group by 36.4% during the 2nd quarter. AQR Capital Management LLC now owns 396,409 shares of the company's stock valued at $19,840,000 after acquiring an additional 105,845 shares during the last quarter. Russell Investments Group Ltd. boosted its stake in shares of NorthWestern Energy Group by 429.0% during the 1st quarter. Russell Investments Group Ltd. now owns 105,103 shares of the company's stock worth $5,353,000 after acquiring an additional 85,235 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings 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 worth $51,467,000 after acquiring an additional 61,216 shares during the last quarter. Finally, Susquehanna Fundamental Investments LLC purchased a new stake in shares of NorthWestern Energy Group during the first quarter valued at $2,862,000. 96.07% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other NorthWestern Energy Group news, Director Britt E. Ide sold 688 shares of the firm's stock in a transaction dated Thursday, August 8th. The stock was sold at an average price of $51.92, for a total transaction of $35,720.96. Following the transaction, the director now directly owns 10,778 shares in the company, valued at $559,593.76. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.94% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the company. Bank of America initiated coverage on NorthWestern Energy Group in a research note on Thursday, September 12th. They issued a "buy" rating and a $65.00 price target on the stock. Mizuho boosted their price target on shares of NorthWestern Energy Group from $52.00 to $56.00 and gave the company a "neutral" rating in a report on Wednesday, October 9th. StockNews.com lowered shares of NorthWestern Energy Group from a "buy" rating to a "hold" rating in a research note on Tuesday, October 8th. Barclays boosted their target price on shares of NorthWestern Energy Group from $50.00 to $53.00 and gave the company an "underweight" rating in a research note on Tuesday, August 6th. Finally, Wells Fargo & Company increased their target price on NorthWestern Energy Group from $58.00 to $61.00 and gave the company an "overweight" rating in a report on Wednesday, October 16th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, NorthWestern Energy Group presently has a consensus rating of "Hold" and an average target price of $56.14.

NorthWestern Energy Group Stock Down 1.3 %

Shares of NYSE:NWE traded down $0.67 during midday trading on Friday, hitting $52.79. 339,848 shares of the stock were exchanged, compared to its average volume of 498,447. The company has a market capitalization of $3.24 billion, a PE ratio of 14.23, a P/E/G ratio of 2.58 and a beta of 0.47. NorthWestern Energy Group, Inc. has a 52-week low of $46.15 and a 52-week high of $57.48. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.36 and a current ratio of 0.45. The business's fifty day simple moving average is $55.34 and its two-hundred day simple moving average is $52.69.

NorthWestern Energy Group (NYSE:NWE - Get Free Report) last issued its earnings results on Monday, October 28th. The company reported $0.65 earnings per share for the quarter, missing the consensus estimate of $0.70 by ($0.05). The firm had revenue of $345.20 million during the quarter, compared to analyst estimates of $344.06 million. NorthWestern Energy Group had a return on equity of 7.95% and a net margin of 15.15%. During the same period in the previous year, the company earned $0.49 earnings per share. As a group, research analysts predict that NorthWestern Energy Group, Inc. will post 3.38 earnings per share for the current fiscal year.

NorthWestern Energy Group Announces Dividend

The firm 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 $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a yield of 4.93%. The ex-dividend date is Friday, December 13th. NorthWestern Energy Group's dividend payout ratio (DPR) is presently 70.08%.

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.