Schnieders Capital Management LLC Has $1.13 Million Stock Holdings in NorthWestern Energy Group, Inc. (NYSE:NWE)

Schnieders Capital Management LLC lifted its holdings in NorthWestern Energy Group, Inc. (NYSE:NWE) by 17.9% during the fourth quarter, HoldingsChannel reports. The firm owned 21,073 shares of the company’s stock after purchasing an additional 3,200 shares during the period. Schnieders Capital Management LLC’s holdings in NorthWestern Energy Group were worth $1,127,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of NWE. State Street Corp boosted its stake in NorthWestern Energy Group by 1.7% during the third quarter. State Street Corp now owns 2,504,400 shares of the company’s stock worth $143,302,000 after buying an additional 42,104 shares in the last quarter. River Road Asset Management LLC grew its holdings in shares of NorthWestern Energy Group by 0.7% during the third quarter. River Road Asset Management LLC now owns 2,235,009 shares of the company’s stock worth $127,887,000 after purchasing an additional 14,654 shares during the last quarter. 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 worth $87,935,000 after acquiring an additional 35,279 shares during the last quarter. Systematic Financial Management LP increased its stake in shares of NorthWestern Energy Group by 11.8% in the 3rd quarter. Systematic Financial Management LP now owns 1,070,434 shares of the company’s stock valued at $61,250,000 after buying an additional 113,265 shares during the period. Finally, Bank of New York Mellon Corp increased its position in NorthWestern Energy Group by 18.1% in the fourth quarter. Bank of New York Mellon Corp now owns 886,066 shares of the company’s stock worth $47,369,000 after purchasing an additional 135,611 shares during the period. 96.07% of the stock is owned by institutional investors.

Insider Transactions at NorthWestern Energy Group

In other news, Director Britt E. Ide sold 700 shares of NorthWestern Energy Group stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $53.57, for a total transaction of $37,499.00. Following the completion of the transaction, the director now directly owns 10,888 shares in the company, valued at $583,270.16. This trade represents a 6.04 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Anthony Thomas Clark sold 7,400 shares of the company’s stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $51.95, for a total value of $384,430.00. Following the sale, 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 position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 8,802 shares of company stock worth $460,062. Company insiders own 0.94% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Guggenheim upgraded NorthWestern Energy Group from a “neutral” rating to a “buy” rating in a research report on Thursday, January 23rd. LADENBURG THALM/SH SH upgraded 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. Finally, Barclays lowered their price target on shares of NorthWestern Energy Group from $57.00 to $56.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 19th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $59.25.

NorthWestern Energy Group Stock Down 0.5 %

Shares of NWE opened at $54.56 on Thursday. The stock has a fifty day moving average of $53.37 and a 200-day moving average of $54.19. NorthWestern Energy Group, Inc. has a 52 week low of $47.22 and a 52 week high of $57.49. 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 stock has a market capitalization of $3.35 billion, a price-to-earnings ratio of 14.95, a PEG ratio of 2.40 and a beta of 0.49.

NorthWestern Energy Group Increases Dividend

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

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.