Sei Investments Co. Has $19.10 Million Holdings in NorthWestern Energy Group, Inc. (NYSE:NWE)

Sei Investments Co. lowered its stake in shares of NorthWestern Energy Group, Inc. (NYSE:NWE - Free Report) by 9.6% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 357,290 shares of the company's stock after selling 37,937 shares during the period. Sei Investments Co. owned approximately 0.58% of NorthWestern Energy Group worth $19,101,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. State Street Corp raised its holdings in NorthWestern Energy Group by 1.7% in the 3rd quarter. State Street Corp now owns 2,504,400 shares of the company's stock valued at $143,302,000 after acquiring an additional 42,104 shares in the last quarter. River Road Asset Management LLC increased its position in shares of NorthWestern Energy Group by 6.1% during the fourth quarter. River Road Asset Management LLC now owns 2,371,931 shares of the company's stock valued at $126,803,000 after purchasing an additional 136,922 shares during the period. Geode Capital Management LLC raised its stake in shares of NorthWestern Energy Group by 2.3% in the third quarter. Geode Capital Management LLC now owns 1,536,518 shares of the company's stock valued at $87,935,000 after purchasing an additional 35,279 shares in the last quarter. Systematic Financial Management LP lifted its position in NorthWestern Energy Group by 11.8% in the third quarter. Systematic Financial Management LP now owns 1,070,434 shares of the company's stock worth $61,250,000 after purchasing an additional 113,265 shares during the period. Finally, Bank of New York Mellon Corp boosted its stake in NorthWestern Energy Group by 18.1% during the fourth quarter. Bank of New York Mellon Corp now owns 886,066 shares of the company's stock worth $47,369,000 after buying an additional 135,611 shares in the last quarter. Institutional investors own 96.07% of the company's stock.

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NorthWestern Energy Group Trading Up 1.1 %

NYSE:NWE traded up $0.64 during trading hours on Tuesday, hitting $58.51. 555,004 shares of the stock were exchanged, compared to its average volume of 363,373. The company has a market capitalization of $3.59 billion, a P/E ratio of 16.03, a price-to-earnings-growth ratio of 2.40 and a beta of 0.45. The company has a quick ratio of 0.37, a current ratio of 0.52 and a debt-to-equity ratio of 0.94. The company's 50 day moving average is $54.78 and its two-hundred day moving average is $54.54. NorthWestern Energy Group, Inc. has a twelve month low of $47.48 and a twelve month high of $58.72.

NorthWestern Energy Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were paid a $0.66 dividend. The ex-dividend date of this dividend was Friday, March 14th. 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 4.51%. NorthWestern Energy Group's dividend payout ratio (DPR) is presently 72.33%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on NWE. LADENBURG THALM/SH SH raised shares of 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. Barclays dropped their price target on shares of NorthWestern Energy Group from $57.00 to $56.00 and set an "overweight" rating for the company in a research report on Wednesday, February 19th. Finally, Guggenheim raised NorthWestern Energy Group from a "neutral" rating to a "buy" rating in a report on Thursday, January 23rd. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $59.25.

Insiders Place Their Bets

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 transaction of $38,132.64. Following the transaction, the director now owns 11,021 shares in the company, valued at $598,660.72. The trade was a 5.99 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.94% of the company's stock.

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.