Accurate Wealth Management LLC Invests $205,000 in NorthWestern Energy Group, Inc. (NYSE:NWE)

Accurate Wealth Management LLC acquired a new stake in NorthWestern Energy Group, Inc. (NYSE:NWE) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 4,013 shares of the company’s stock, valued at approximately $205,000.

A number of other large investors have also added to or reduced their stakes in NWE. AdvisorNet Financial Inc increased its position in NorthWestern Energy Group by 29.3% in the 4th quarter. AdvisorNet Financial Inc now owns 883 shares of the company’s stock valued at $47,000 after acquiring an additional 200 shares during the period. Oppenheimer Asset Management Inc. grew its stake in shares of NorthWestern Energy Group by 4.8% in the third quarter. Oppenheimer Asset Management Inc. now owns 7,903 shares of the company’s stock worth $452,000 after purchasing an additional 359 shares during the last quarter. Deroy & Devereaux Private Investment Counsel Inc. increased its holdings in NorthWestern Energy Group by 0.6% in the third quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 62,205 shares of the company’s stock valued at $3,559,000 after purchasing an additional 375 shares during the period. V Square Quantitative Management LLC bought a new position in NorthWestern Energy Group during the 3rd quarter worth $26,000. Finally, KBC Group NV lifted its holdings in NorthWestern Energy Group by 38.4% during the 3rd quarter. KBC Group NV now owns 1,676 shares of the company’s stock worth $96,000 after buying an additional 465 shares during the period. Institutional investors own 96.07% of the company’s stock.

NorthWestern Energy Group Trading Up 2.5 %

NWE opened at $54.27 on Friday. The company has a fifty day moving average price of $53.56 and a two-hundred day moving average price of $53.74. NorthWestern Energy Group, Inc. has a 1-year low of $46.15 and a 1-year high of $57.49. The company has a market cap of $3.33 billion, a P/E ratio of 14.63, a price-to-earnings-growth ratio of 2.29 and a beta of 0.48. The company has a current ratio of 0.45, a quick ratio of 0.30 and a debt-to-equity ratio of 0.91.

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

NorthWestern Energy Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were given a $0.65 dividend. This represents a $2.60 annualized dividend and a yield of 4.79%. The ex-dividend date of this dividend was Friday, December 13th. NorthWestern Energy Group’s payout ratio is currently 70.08%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on NWE shares. Wells Fargo & Company raised their price objective 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. LADENBURG THALM/SH SH upgraded shares of NorthWestern Energy Group from a “neutral” rating to a “buy” rating and set a $57.50 price target for the company in a report on Wednesday. Barclays raised shares of NorthWestern Energy Group from an “underweight” rating to an “overweight” rating and upped their price objective for the company from $53.00 to $56.00 in a research note on Thursday, December 19th. JPMorgan Chase & Co. lifted their target price on shares of NorthWestern Energy Group from $56.00 to $60.00 and gave the stock a “neutral” rating in a research note on Monday, October 21st. Finally, StockNews.com cut shares of NorthWestern Energy Group from a “buy” rating to a “hold” rating in a research report on Tuesday, October 8th. Four analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $57.50.

Insider Buying and Selling at NorthWestern Energy Group

In other NorthWestern Energy Group news, Director Anthony Thomas Clark sold 7,400 shares of NorthWestern Energy Group stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $51.95, for a total transaction of $384,430.00. Following the completion of the transaction, the director now owns 16,816 shares in the company, valued at approximately $873,591.20. The trade was a 30.56 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Britt E. Ide sold 700 shares of the business’s stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $53.57, for a total value of $37,499.00. Following the sale, the director now directly owns 10,888 shares of the company’s stock, valued at $583,270.16. This represents a 6.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.94% of the stock is currently owned by company insiders.

About NorthWestern Energy Group

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.