98,637 Shares in NorthWestern Energy Group, Inc. (NYSE:NWE) Acquired by Van Lanschot Kempen Investment Management N.V.

Van Lanschot Kempen Investment Management N.V. bought a new stake in NorthWestern Energy Group, Inc. (NYSE:NWE - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 98,637 shares of the company's stock, valued at approximately $5,273,000. Van Lanschot Kempen Investment Management N.V. owned about 0.16% of NorthWestern Energy Group as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in NWE. Assenagon Asset Management S.A. purchased a new position in shares of NorthWestern Energy Group during the 4th quarter valued at about $401,000. Envestnet Portfolio Solutions Inc. grew its position in NorthWestern Energy Group by 14.0% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 22,989 shares of the company's stock valued at $1,229,000 after acquiring an additional 2,828 shares during the last quarter. Barclays PLC grew its position in NorthWestern Energy Group by 204.7% during the third quarter. Barclays PLC now owns 110,571 shares of the company's stock valued at $6,327,000 after acquiring an additional 74,278 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of NorthWestern Energy Group in the 3rd quarter valued at $286,000. Finally, Sumitomo Mitsui Trust Group Inc. bought a new position in shares of NorthWestern Energy Group during the 4th quarter valued at $262,000. Hedge funds and other institutional investors own 96.07% of the company's stock.

Insiders Place Their Bets

In other NorthWestern Energy Group news, Director Britt E. Ide sold 702 shares of the firm's 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 transaction, 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 sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.94% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

NWE has been the subject of several analyst reports. Wells Fargo & Company upped their price target on shares of NorthWestern Energy Group from $60.00 to $62.00 and gave the company an "overweight" rating in a research report on Monday, April 14th. LADENBURG THALM/SH SH upgraded NorthWestern Energy Group from a "neutral" rating to a "buy" rating and set a $57.50 target price for the company in a 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. Finally, Guggenheim raised NorthWestern Energy Group from a "neutral" rating to a "buy" rating in a research note on Thursday, January 23rd. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $59.92.

NorthWestern Energy Group Trading Down 0.4 %

NWE stock traded down $0.23 on Friday, reaching $58.28. The company's stock had a trading volume of 279,157 shares, compared to its average volume of 381,556. 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 business has a fifty day simple moving average of $56.08 and a two-hundred day simple moving average of $54.65. The firm has a market cap of $3.57 billion, a PE ratio of 15.97, a PEG ratio of 2.40 and a beta of 0.33. NorthWestern Energy Group, Inc. has a 12-month low of $48.52 and a 12-month high of $60.00.

NorthWestern Energy Group Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were given a dividend of $0.66 per share. The ex-dividend date was Friday, March 14th. This represents a $2.64 annualized dividend and a dividend yield of 4.53%. This is a boost from NorthWestern Energy Group's previous quarterly dividend of $0.65. NorthWestern Energy Group's payout ratio is currently 72.33%.

About NorthWestern Energy Group

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.