NorthWestern Energy Group, Inc. (NYSE:NWE) VP John D. Hines Sells 1,565 Shares of Stock

NorthWestern Energy Group, Inc. (NYSE:NWE) VP John D. Hines sold 1,565 shares of the company’s stock in a transaction on Tuesday, May 7th. The shares were sold at an average price of $51.15, for a total value of $80,049.75. Following the completion of the transaction, the vice president now owns 32,794 shares of the company’s stock, valued at approximately $1,677,413.10. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

NorthWestern Energy Group Trading Down 0.4 %

NYSE NWE opened at $51.06 on Thursday. The company has a quick ratio of 0.66, a current ratio of 0.89 and a debt-to-equity ratio of 0.99. The stock’s 50-day simple moving average is $49.65 and its two-hundred day simple moving average is $49.64. NorthWestern Energy Group, Inc. has a twelve month low of $45.97 and a twelve month high of $60.29. The company has a market capitalization of $3.13 billion, a price-to-earnings ratio of 15.81 and a beta of 0.43.

NorthWestern Energy Group (NYSE:NWE) last announced its quarterly earnings data on Thursday, April 25th. The company reported $1.09 earnings per share for the quarter, missing analysts’ consensus estimates of $1.39 by ($0.30). The firm had revenue of $475.30 million for the quarter, compared to analysts’ expectations of $471.60 million. NorthWestern Energy Group had a net margin of 13.62% and a return on equity of 7.31%. The business’s quarterly revenue was up 4.6% on a year-over-year basis. During the same period in the prior year, the business posted $1.05 earnings per share. Research analysts forecast that NorthWestern Energy Group, Inc. will post 3.53 EPS for the current fiscal year.

NorthWestern Energy Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 14th will be paid a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a dividend yield of 5.09%. The ex-dividend date of this dividend is Friday, June 14th. NorthWestern Energy Group’s dividend payout ratio (DPR) is presently 80.50%.

Institutional Trading of NorthWestern Energy Group

Institutional investors have recently made changes to their positions in the stock. Headlands Technologies LLC boosted its position in NorthWestern Energy Group by 138.1% during the 4th quarter. Headlands Technologies LLC now owns 550 shares of the company’s stock valued at $28,000 after buying an additional 319 shares during the period. Fidelis Capital Partners LLC bought a new stake in shares of NorthWestern Energy Group in the 1st quarter worth approximately $28,000. GAMMA Investing LLC bought a new position in shares of NorthWestern Energy Group during the fourth quarter valued at approximately $38,000. CWM LLC lifted its stake in NorthWestern Energy Group by 499.5% in the fourth quarter. CWM LLC now owns 1,127 shares of the company’s stock worth $57,000 after acquiring an additional 939 shares during the period. Finally, Principal Securities Inc. bought a new stake in NorthWestern Energy Group in the fourth quarter valued at $66,000. Hedge funds and other institutional investors own 96.07% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. Guggenheim upgraded NorthWestern Energy Group from a “sell” rating to a “neutral” rating and set a $47.00 price objective on the stock in a research note on Monday, January 22nd. StockNews.com upgraded NorthWestern Energy Group from a “sell” rating to a “hold” rating in a research note on Tuesday, April 16th. JPMorgan Chase & Co. increased their target price on shares of NorthWestern Energy Group from $53.00 to $54.00 and gave the stock a “neutral” rating in a research note on Thursday, March 21st. Finally, Barclays upped their price target on shares of NorthWestern Energy Group from $48.00 to $49.00 and gave the stock an “underweight” rating in a report on Monday, January 22nd. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the company. According to data from MarketBeat, NorthWestern Energy Group currently has an average rating of “Hold” and a consensus price target of $51.71.

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.