Pacer Advisors Inc. Has $489,000 Stock Holdings in NorthWestern Energy Group, Inc. (NYSE:NWE)

Pacer Advisors Inc. cut its holdings in NorthWestern Energy Group, Inc. (NYSE:NWE - Free Report) by 43.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,146 shares of the company's stock after selling 7,014 shares during the quarter. Pacer Advisors Inc.'s holdings in NorthWestern Energy Group were worth $489,000 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 business. AdvisorNet Financial Inc lifted its stake in shares of NorthWestern Energy Group by 29.3% in the fourth quarter. AdvisorNet Financial Inc now owns 883 shares of the company's stock worth $47,000 after buying an additional 200 shares during the last quarter. Nisa Investment Advisors LLC lifted its stake in shares of NorthWestern Energy Group by 0.5% in the fourth quarter. Nisa Investment Advisors LLC now owns 51,180 shares of the company's stock worth $2,736,000 after buying an additional 254 shares during the last quarter. Exchange Traded Concepts LLC lifted its stake in shares of NorthWestern Energy Group by 2.6% in the fourth quarter. Exchange Traded Concepts LLC now owns 13,808 shares of the company's stock worth $738,000 after buying an additional 350 shares during the last quarter. Oppenheimer Asset Management Inc. lifted its stake in shares of NorthWestern Energy Group by 4.8% in the third quarter. Oppenheimer Asset Management Inc. now owns 7,903 shares of the company's stock worth $452,000 after buying an additional 359 shares during the last quarter. Finally, Deroy & Devereaux Private Investment Counsel Inc. increased its position in NorthWestern Energy Group by 0.6% during the third quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 62,205 shares of the company's stock worth $3,559,000 after acquiring an additional 375 shares during the period. 96.07% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Wells Fargo & Company boosted their target price 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. Guggenheim raised shares of NorthWestern Energy Group from a "neutral" rating to a "buy" rating in a research report on Thursday, January 23rd. Barclays boosted their target price on shares of NorthWestern Energy Group from $56.00 to $57.00 and gave the stock an "overweight" rating in a research report on Wednesday, January 22nd. LADENBURG THALM/SH SH raised shares of NorthWestern Energy Group from a "neutral" rating to a "buy" rating and set a $57.50 price target on the stock in a report on Wednesday, January 15th. Finally, JPMorgan Chase & Co. boosted their price target on shares of NorthWestern Energy Group from $56.00 to $60.00 and gave the company a "neutral" rating in a report on Monday, October 21st. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $59.42.

NorthWestern Energy Group Price Performance

Shares of NWE traded down $0.47 during trading hours on Friday, hitting $53.07. The stock had a trading volume of 479,475 shares, compared to its average volume of 321,881. The company's fifty day moving average is $53.12 and its two-hundred day moving average is $54.10. 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 52 week low of $46.15 and a 52 week high of $57.49. The stock has a market capitalization of $3.25 billion, a price-to-earnings ratio of 14.30, a P/E/G ratio of 2.40 and a beta of 0.48.

Insider Transactions at NorthWestern Energy Group

In related news, Director Anthony Thomas Clark sold 7,400 shares of the company's stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $51.95, for a total transaction of $384,430.00. Following the transaction, the director now owns 16,816 shares in the company, valued at $873,591.20. This represents a 30.56 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Britt E. Ide sold 700 shares of the company's stock in a transaction dated Monday, December 9th. The stock was sold at an average price of $53.57, for a total transaction of $37,499.00. Following the transaction, the director now owns 10,888 shares in the company, valued at approximately $583,270.16. This trade represents a 6.04 % decrease in their position. The disclosure for this sale can be found here. 0.94% of the stock is owned by insiders.

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.