Schnieders Capital Management LLC Increases Stock Holdings in NorthWestern Energy Group, Inc. (NYSE:NWE)

Schnieders Capital Management LLC raised its position in NorthWestern Energy Group, Inc. (NYSE:NWE) by 17.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,073 shares of the company’s stock after acquiring an additional 3,200 shares during the quarter. Schnieders Capital Management LLC’s holdings in NorthWestern Energy Group were worth $1,127,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. S.A. Mason LLC acquired a new position in shares of NorthWestern Energy Group in the fourth quarter valued at approximately $30,000. Wilmington Savings Fund Society FSB purchased a new position in NorthWestern Energy Group in the 3rd quarter valued at approximately $35,000. Quest Partners LLC acquired a new position in shares of NorthWestern Energy Group in the third quarter worth $45,000. AdvisorNet Financial Inc increased its position in shares of NorthWestern Energy Group by 29.3% during the fourth quarter. AdvisorNet Financial Inc now owns 883 shares of the company’s stock worth $47,000 after acquiring an additional 200 shares during the period. Finally, Asset Management One Co. Ltd. acquired a new stake in shares of NorthWestern Energy Group in the fourth quarter valued at $73,000. 96.07% of the stock is currently owned by hedge funds and other institutional investors.

NorthWestern Energy Group Price Performance

NorthWestern Energy Group stock opened at $54.56 on Thursday. The firm has a fifty day moving average of $53.37 and a 200-day moving average of $54.19. The firm has a market capitalization of $3.35 billion, a P/E ratio of 14.95, a PEG ratio of 2.40 and a beta of 0.49. NorthWestern Energy Group, Inc. has a 52-week low of $47.22 and a 52-week high of $57.49. The company has a quick ratio of 0.37, a current ratio of 0.52 and a debt-to-equity ratio of 0.94.

NorthWestern Energy Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be paid a dividend of $0.66 per share. This represents a $2.64 dividend on an annualized basis and a yield of 4.84%. The ex-dividend date of this dividend is Friday, March 14th. This is a positive change from NorthWestern Energy Group’s previous quarterly dividend of $0.65. NorthWestern Energy Group’s dividend payout ratio (DPR) is 72.33%.

Insider Transactions at NorthWestern Energy Group

In related news, Director Anthony Thomas Clark sold 7,400 shares of the firm’s stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $51.95, for a total transaction of $384,430.00. Following the completion of the transaction, the director now owns 16,816 shares of the company’s stock, valued at $873,591.20. This trade represents a 30.56 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Britt E. Ide sold 702 shares of the firm’s stock in a transaction that occurred 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 sale, the director now owns 11,021 shares of the company’s stock, valued at $598,660.72. The trade was a 5.99 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 8,802 shares of company stock valued at $460,062. Insiders own 0.94% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have weighed in on NWE. Barclays cut their price target 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. Guggenheim raised shares of NorthWestern Energy Group from a “neutral” rating to a “buy” rating in a research report on Thursday, January 23rd. Finally, 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 report on Wednesday, January 15th. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $59.25.

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.