NorthWestern Energy Group, Inc. (NYSE:NWE) Shares Sold by Foundry Partners LLC

Foundry Partners LLC lowered its holdings in NorthWestern Energy Group, Inc. (NYSE:NWE) by 4.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,585 shares of the company’s stock after selling 416 shares during the period. Foundry Partners LLC’s holdings in NorthWestern Energy Group were worth $512,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Vanguard Group Inc. increased its holdings in NorthWestern Energy Group by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 6,849,519 shares of the company’s stock valued at $366,175,000 after purchasing an additional 56,180 shares in the last quarter. State Street Corp grew its stake in shares of NorthWestern Energy Group by 1.7% in the third quarter. State Street Corp now owns 2,504,400 shares of the company’s stock valued at $143,302,000 after buying an additional 42,104 shares in the last quarter. River Road Asset Management LLC raised its holdings in shares of NorthWestern Energy Group by 6.1% during the 4th quarter. River Road Asset Management LLC now owns 2,371,931 shares of the company’s stock valued at $126,803,000 after buying an additional 136,922 shares during the period. Geode Capital Management LLC lifted its position in NorthWestern Energy Group by 2.3% during the 3rd quarter. Geode Capital Management LLC now owns 1,536,518 shares of the company’s stock worth $87,935,000 after acquiring an additional 35,279 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in NorthWestern Energy Group by 18.1% in the 4th quarter. Bank of New York Mellon Corp now owns 886,066 shares of the company’s stock worth $47,369,000 after acquiring an additional 135,611 shares during the period. Hedge funds and other institutional investors own 96.07% of the company’s stock.

Insider Buying and Selling at NorthWestern Energy Group

In other NorthWestern Energy Group news, Director Britt E. Ide sold 702 shares of the business’s stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $54.32, for a total transaction of $38,132.64. Following the completion of the sale, the director now owns 11,021 shares in the company, valued at $598,660.72. The trade was a 5.99 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.94% of the stock is currently owned by insiders.

NorthWestern Energy Group Price Performance

Shares of NWE stock opened at $56.33 on Friday. The firm has a fifty day moving average of $55.02 and a two-hundred day moving average of $54.60. The firm has a market cap of $3.45 billion, a P/E ratio of 15.43, a P/E/G ratio of 2.40 and a beta of 0.33. NorthWestern Energy Group, Inc. has a 1-year low of $47.48 and a 1-year high of $59.52. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.52 and a quick ratio of 0.37.

NorthWestern Energy Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were issued a $0.66 dividend. This is a positive change from NorthWestern Energy Group’s previous quarterly dividend of $0.65. This represents a $2.64 annualized dividend and a yield of 4.69%. The ex-dividend date was Friday, March 14th. NorthWestern Energy Group’s payout ratio is currently 72.33%.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. LADENBURG THALM/SH SH upgraded shares of NorthWestern Energy Group from a “neutral” rating to a “buy” rating and set a $57.50 price objective on the stock in a research note on Wednesday, January 15th. Guggenheim upgraded shares of NorthWestern Energy Group from a “neutral” rating to a “buy” rating in a report on Thursday, January 23rd. Finally, Barclays lowered their target price on NorthWestern Energy Group from $57.00 to $56.00 and set an “overweight” rating for the company in a research note on Wednesday, February 19th. Three research 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.com, the company presently has an average rating of “Moderate Buy” and an average price target of $59.25.

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.