Boston Partners Has $1.69 Million Position in NorthWestern Energy Group, Inc. $NWE

Boston Partners boosted its holdings in shares of NorthWestern Energy Group, Inc. (NYSE:NWE) by 14.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 32,840 shares of the company’s stock after buying an additional 4,084 shares during the period. Boston Partners’ holdings in NorthWestern Energy Group were worth $1,685,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. USA Financial Formulas bought a new stake in shares of NorthWestern Energy Group during the second quarter worth about $53,000. Costello Asset Management INC boosted its stake in NorthWestern Energy Group by 334.3% during the 2nd quarter. Costello Asset Management INC now owns 1,290 shares of the company’s stock valued at $66,000 after purchasing an additional 993 shares during the last quarter. Ransom Advisory Ltd increased its holdings in NorthWestern Energy Group by 800.0% during the 2nd quarter. Ransom Advisory Ltd now owns 1,800 shares of the company’s stock worth $92,000 after purchasing an additional 1,600 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S purchased a new stake in shares of NorthWestern Energy Group in the first quarter worth approximately $116,000. Finally, Kestra Investment Management LLC bought a new position in shares of NorthWestern Energy Group in the first quarter valued at approximately $129,000. 96.07% of the stock is owned by institutional investors.

NorthWestern Energy Group Stock Performance

Shares of NWE opened at $65.11 on Friday. The stock has a 50 day moving average of $59.52 and a 200 day moving average of $56.20. The company has a market capitalization of $4.00 billion, a price-to-earnings ratio of 17.84, a PEG ratio of 2.40 and a beta of 0.42. NorthWestern Energy Group, Inc. has a 12 month low of $50.43 and a 12 month high of $67.46. The company has a current ratio of 0.52, a quick ratio of 0.37 and a debt-to-equity ratio of 0.94.

NorthWestern Energy Group (NYSE:NWE) last posted its quarterly earnings data on Thursday, October 30th. The company reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.75 by $0.04. NorthWestern Energy Group had a return on equity of 7.40% and a net margin of 14.81%.During the same period in the previous year, the company earned $0.65 EPS. The business’s revenue was up 12.1% compared to the same quarter last year. As a group, sell-side analysts forecast that NorthWestern Energy Group, Inc. will post 3.63 earnings per share for the current year.

NorthWestern Energy Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 15th will be issued a dividend of $0.66 per share. This represents a $2.64 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date is Monday, December 15th. NorthWestern Energy Group’s dividend payout ratio (DPR) is 74.79%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Wells Fargo & Company started coverage on NorthWestern Energy Group in a report on Monday, October 27th. They set an “equal weight” rating and a $58.00 price target for the company. Barclays lifted their price objective on shares of NorthWestern Energy Group from $56.00 to $61.00 and gave the stock an “overweight” rating in a report on Tuesday, October 21st. Two research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $58.75.

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.