NorthWestern Energy Group, Inc. (NYSE:NWE) VP Bobbi L. Schroeppel Sells 1,350 Shares

NorthWestern Energy Group, Inc. (NYSE:NWE) VP Bobbi L. Schroeppel sold 1,350 shares of the stock in a transaction dated Wednesday, May 1st. The shares were sold at an average price of $50.75, for a total value of $68,512.50. Following the sale, the vice president now owns 31,814 shares of the company’s stock, valued at $1,614,560.50. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

NorthWestern Energy Group Stock Up 0.8 %

Shares of NYSE:NWE traded up $0.41 during trading on Wednesday, hitting $50.85. The stock had a trading volume of 65,000 shares, compared to its average volume of 392,595. NorthWestern Energy Group, Inc. has a 12 month low of $45.97 and a 12 month high of $60.29. The company has a market capitalization of $3.12 billion, a PE ratio of 15.25 and a beta of 0.43. The firm’s fifty day moving average is $49.37 and its 200 day moving average is $49.52. The company has a quick ratio of 0.55, a current ratio of 0.89 and a debt-to-equity ratio of 0.99.

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

NorthWestern Energy Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 14th will be given a $0.65 dividend. This represents a $2.60 annualized dividend and a dividend yield of 5.11%. The ex-dividend date is Friday, June 14th. NorthWestern Energy Group’s dividend payout ratio is currently 80.50%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. SG Americas Securities LLC increased its position in NorthWestern Energy Group by 133.8% during the 3rd quarter. SG Americas Securities LLC now owns 13,390 shares of the company’s stock valued at $644,000 after buying an additional 7,664 shares in the last quarter. Accurate Wealth Management LLC increased its position in NorthWestern Energy Group by 13.8% during the 3rd quarter. Accurate Wealth Management LLC now owns 5,225 shares of the company’s stock valued at $255,000 after buying an additional 632 shares in the last quarter. Raymond James & Associates increased its position in NorthWestern Energy Group by 17.6% during the 3rd quarter. Raymond James & Associates now owns 116,489 shares of the company’s stock valued at $5,598,000 after buying an additional 17,456 shares in the last quarter. Verdence Capital Advisors LLC increased its position in NorthWestern Energy Group by 5.0% during the 3rd quarter. Verdence Capital Advisors LLC now owns 5,250 shares of the company’s stock valued at $252,000 after buying an additional 249 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its position in NorthWestern Energy Group by 30.7% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 19,779 shares of the company’s stock valued at $951,000 after buying an additional 4,642 shares in the last quarter. Institutional investors own 96.07% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. JPMorgan Chase & Co. increased their target price on NorthWestern Energy Group from $53.00 to $54.00 and gave the company a “neutral” rating in a report on Thursday, March 21st. StockNews.com raised NorthWestern Energy Group from a “sell” rating to a “hold” rating in a research report on Tuesday, April 16th. Guggenheim raised NorthWestern Energy Group from a “sell” rating to a “neutral” rating and set a $47.00 price target for the company in a research report on Monday, January 22nd. Barclays upped their price target on NorthWestern Energy Group from $48.00 to $49.00 and gave the company an “underweight” rating in a research report on Monday, January 22nd. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of NorthWestern Energy Group in a research report on Thursday, January 4th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, NorthWestern Energy Group presently has a consensus rating of “Hold” and an average target price 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.