International Assets Investment Management LLC Boosts Stock Holdings in NorthWestern Energy Group, Inc. (NYSE:NWE)

International Assets Investment Management LLC grew its position in shares of NorthWestern Energy Group, Inc. (NYSE:NWE) by 4,989.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,753 shares of the company’s stock after purchasing an additional 8,581 shares during the quarter. International Assets Investment Management LLC’s holdings in NorthWestern Energy Group were worth $445,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in NWE. Massachusetts Financial Services Co. MA purchased a new position in shares of NorthWestern Energy Group during the 3rd quarter valued at approximately $36,513,000. River Road Asset Management LLC grew its stake in NorthWestern Energy Group by 21.7% in the 3rd quarter. River Road Asset Management LLC now owns 1,605,669 shares of the company’s stock valued at $77,168,000 after acquiring an additional 286,417 shares during the period. Raymond James & Associates grew its stake in NorthWestern Energy Group by 188.1% in the 4th quarter. Raymond James & Associates now owns 335,634 shares of the company’s stock valued at $17,080,000 after acquiring an additional 219,145 shares during the period. American Century Companies Inc. grew its stake in NorthWestern Energy Group by 5.9% in the 3rd quarter. American Century Companies Inc. now owns 3,816,111 shares of the company’s stock valued at $183,402,000 after acquiring an additional 211,296 shares during the period. Finally, Jupiter Asset Management Ltd. acquired a new stake in NorthWestern Energy Group in the 3rd quarter valued at $8,706,000. 96.07% of the stock is owned by hedge funds and other institutional investors.

NorthWestern Energy Group Trading Down 1.4 %

Shares of NWE stock opened at $49.91 on Friday. The company’s 50-day moving average price is $49.29 and its 200-day moving average price is $49.49. The company has a current ratio of 0.76, a quick ratio of 0.55 and a debt-to-equity ratio of 0.97. The stock has a market cap of $3.06 billion, a price-to-earnings ratio of 15.50 and a beta of 0.43. NorthWestern Energy Group, Inc. has a twelve month low of $45.97 and a twelve month high of $60.56.

NorthWestern Energy Group (NYSE:NWE) last announced its quarterly earnings results on Thursday, February 15th. The company reported $1.38 earnings per share for the quarter, beating the consensus estimate of $1.19 by $0.19. The firm had revenue of $356.00 million for the quarter, compared to analysts’ expectations of $443.27 million. NorthWestern Energy Group had a net margin of 13.64% and a return on equity of 7.23%. During the same quarter in the previous year, the company posted $1.13 EPS. As a group, equities analysts predict that NorthWestern Energy Group, Inc. will post 3.53 earnings per share for the current year.

NorthWestern Energy Group Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Friday, March 15th were given a dividend of $0.65 per share. This is a boost from NorthWestern Energy Group’s previous quarterly dividend of $0.64. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $2.60 annualized dividend and a dividend yield of 5.21%. NorthWestern Energy Group’s payout ratio is presently 80.75%.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on NWE. Guggenheim raised shares of NorthWestern Energy Group from a “sell” rating to a “neutral” rating and set a $47.00 price target on the stock in a research note on Monday, January 22nd. StockNews.com raised shares of NorthWestern Energy Group from a “sell” rating to a “hold” rating in a research note on Tuesday, April 16th. JPMorgan Chase & Co. lifted their price target on shares of NorthWestern Energy Group from $53.00 to $54.00 and gave the company a “neutral” rating in a research note on Thursday, March 21st. KeyCorp reaffirmed a “sector weight” rating on shares of NorthWestern Energy Group in a research note on Thursday, January 4th. Finally, Barclays lifted their target price on shares of NorthWestern Energy Group from $48.00 to $49.00 and gave the stock an “underweight” rating in a research note on Monday, January 22nd. One equities 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 company. According to MarketBeat.com, NorthWestern Energy Group has a consensus rating of “Hold” and a consensus 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.