Vanguard Group Inc. Has $366.18 Million Position in NorthWestern Energy Group, Inc. (NYSE:NWE)

Vanguard Group Inc. increased its stake in shares of NorthWestern Energy Group, Inc. (NYSE:NWE - Free Report) by 0.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,849,519 shares of the company's stock after purchasing an additional 56,180 shares during the quarter. Vanguard Group Inc. owned approximately 11.17% of NorthWestern Energy Group worth $366,175,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Cerity Partners LLC increased its holdings in shares of NorthWestern Energy Group by 38.3% during the third quarter. Cerity Partners LLC now owns 7,672 shares of the company's stock worth $439,000 after buying an additional 2,125 shares in the last quarter. FMR LLC grew its holdings in shares of NorthWestern Energy Group by 17.0% during the third quarter. FMR LLC now owns 759,804 shares of the company's stock worth $43,476,000 after purchasing an additional 110,461 shares during the last quarter. BNP Paribas Financial Markets increased its stake in shares of NorthWestern Energy Group by 46.9% in the third quarter. BNP Paribas Financial Markets now owns 23,911 shares of the company's stock valued at $1,368,000 after buying an additional 7,629 shares during the period. Captrust Financial Advisors bought a new position in NorthWestern Energy Group in the 3rd quarter valued at approximately $259,000. Finally, Paloma Partners Management Co acquired a new stake in NorthWestern Energy Group during the 3rd quarter worth approximately $260,000. Institutional investors own 96.07% of the company's stock.

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Insider Buying and Selling at NorthWestern Energy Group

In other news, Director Britt E. Ide sold 702 shares of the company's stock in a transaction dated Tuesday, February 25th. The shares were 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 approximately $598,660.72. This represents a 5.99 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.94% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on NWE shares. 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 for the company in a research note on Wednesday, January 15th. Guggenheim raised NorthWestern Energy Group from a "neutral" rating to a "buy" rating in a research report on Thursday, January 23rd. Finally, Barclays cut their target price on NorthWestern Energy Group from $57.00 to $56.00 and set an "overweight" rating on the stock in a report on Wednesday, February 19th. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $59.25.

NorthWestern Energy Group Trading Down 2.9 %

NorthWestern Energy Group stock traded down $1.61 during trading hours on Monday, reaching $54.72. 814,697 shares of the company's stock were exchanged, compared to its average volume of 369,834. The firm's 50 day simple moving average is $55.02 and its 200 day simple moving average is $54.55. NorthWestern Energy Group, Inc. has a twelve month low of $47.48 and a twelve month high of $59.52. 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 firm has a market capitalization of $3.36 billion, a PE ratio of 14.99, a PEG ratio of 2.40 and a beta of 0.33.

NorthWestern Energy Group Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were issued a $0.66 dividend. This is an increase 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 4.82%. The ex-dividend date was Friday, March 14th. NorthWestern Energy Group's payout ratio is presently 72.33%.

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.