Liberty One Investment Management LLC Sells 3,837 Shares of NorthWestern Energy Group, Inc. (NYSE:NWE)

Liberty One Investment Management LLC lessened its holdings in shares of NorthWestern Energy Group, Inc. (NYSE:NWE) by 2.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 136,960 shares of the company’s stock after selling 3,837 shares during the period. NorthWestern Energy Group makes up 0.8% of Liberty One Investment Management LLC’s portfolio, making the stock its 28th biggest position. Liberty One Investment Management LLC’s holdings in NorthWestern Energy Group were worth $7,322,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Oppenheimer Asset Management Inc. boosted its stake in NorthWestern Energy Group by 41.9% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 7,544 shares of the company’s stock worth $378,000 after purchasing an additional 2,229 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of NorthWestern Energy Group by 6.3% in the second quarter. Dimensional Fund Advisors LP now owns 1,027,698 shares of the company’s stock valued at $51,467,000 after purchasing an additional 61,216 shares in the last quarter. Vanguard Personalized Indexing Management LLC boosted its position in shares of NorthWestern Energy Group by 21.7% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 7,174 shares of the company’s stock worth $359,000 after buying an additional 1,281 shares during the period. Hsbc Holdings PLC grew its holdings in shares of NorthWestern Energy Group by 600.3% during the second quarter. Hsbc Holdings PLC now owns 49,555 shares of the company’s stock worth $2,479,000 after buying an additional 42,479 shares in the last quarter. Finally, Pacer Advisors Inc. raised its position in NorthWestern Energy Group by 79.4% in the 2nd quarter. Pacer Advisors Inc. now owns 16,376 shares of the company’s stock valued at $820,000 after buying an additional 7,247 shares during the last quarter. 96.07% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

NWE has been the subject of a number of recent research reports. Wells Fargo & Company upped their price target on NorthWestern Energy Group from $58.00 to $61.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 16th. Mizuho increased their target price on shares of NorthWestern Energy Group from $52.00 to $56.00 and gave the stock a “neutral” rating in a report on Wednesday, October 9th. JPMorgan Chase & Co. lifted their price target on shares of NorthWestern Energy Group from $56.00 to $60.00 and gave the company a “neutral” rating in a research note on Monday, October 21st. 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 on the stock in a research report on Wednesday. Finally, StockNews.com cut NorthWestern Energy Group from a “buy” rating to a “hold” rating in a report on Tuesday, October 8th. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, NorthWestern Energy Group presently has an average rating of “Moderate Buy” and an average price target of $57.50.

Insider Buying and Selling

In other news, Director Anthony Thomas Clark sold 7,400 shares of the company’s stock in a transaction that occurred 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 transaction, the director now owns 16,816 shares of the company’s stock, valued at approximately $873,591.20. This represents a 30.56 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Britt E. Ide sold 700 shares of the business’s stock in a transaction on Monday, December 9th. The shares were sold at an average price of $53.57, for a total value of $37,499.00. Following the completion of the sale, the director now owns 10,888 shares of the company’s stock, valued at $583,270.16. This trade represents a 6.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.57% of the stock is owned by insiders.

NorthWestern Energy Group Stock Performance

Shares of NWE stock opened at $54.40 on Friday. The company has a fifty day moving average price of $53.56 and a two-hundred day moving average price of $53.80. NorthWestern Energy Group, Inc. has a one year low of $46.15 and a one year high of $57.49. The stock has a market cap of $3.34 billion, a P/E ratio of 14.00, a P/E/G ratio of 2.29 and a beta of 0.48. The company has a debt-to-equity ratio of 0.91, a current ratio of 0.45 and a quick ratio of 0.30.

NorthWestern Energy Group (NYSE:NWE) last issued its earnings results on Monday, October 28th. The company reported $0.65 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.05). NorthWestern Energy Group had a net margin of 15.15% and a return on equity of 7.95%. The firm had revenue of $345.20 million during the quarter, compared to the consensus estimate of $344.06 million. During the same period in the previous year, the company posted $0.49 earnings per share. As a group, equities analysts predict that NorthWestern Energy Group, Inc. will post 3.39 EPS for the current year.

NorthWestern Energy Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a dividend of $0.65 per share. The ex-dividend date was Friday, December 13th. This represents a $2.60 annualized dividend and a dividend yield of 4.78%. NorthWestern Energy Group’s dividend payout ratio is currently 70.08%.

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.