Mutual of America Capital Management LLC Has $5.46 Million Stake in NorthWestern Energy Group, Inc. (NYSE:NWE)

Mutual of America Capital Management LLC decreased its holdings in NorthWestern Energy Group, Inc. (NYSE:NWE) by 1.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 102,144 shares of the company’s stock after selling 1,064 shares during the period. Mutual of America Capital Management LLC’s holdings in NorthWestern Energy Group were worth $5,461,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in NWE. Bank of New York Mellon Corp increased its holdings in shares of NorthWestern Energy Group by 18.1% in the 4th quarter. Bank of New York Mellon Corp now owns 886,066 shares of the company’s stock valued at $47,369,000 after purchasing an additional 135,611 shares during the period. Systematic Financial Management LP increased its holdings in shares of NorthWestern Energy Group by 11.8% in the 3rd quarter. Systematic Financial Management LP now owns 1,070,434 shares of the company’s stock valued at $61,250,000 after purchasing an additional 113,265 shares during the period. FMR LLC increased its holdings in shares of NorthWestern Energy Group by 17.0% in the 3rd quarter. FMR LLC now owns 759,804 shares of the company’s stock valued at $43,476,000 after purchasing an additional 110,461 shares during the period. Barclays PLC increased its holdings in shares of NorthWestern Energy Group by 204.7% in the 3rd quarter. Barclays PLC now owns 110,571 shares of the company’s stock valued at $6,327,000 after purchasing an additional 74,278 shares during the period. Finally, Meritage Portfolio Management increased its holdings in shares of NorthWestern Energy Group by 1,218.2% in the 3rd quarter. Meritage Portfolio Management now owns 60,954 shares of the company’s stock valued at $3,488,000 after purchasing an additional 56,330 shares during the period. Institutional investors and hedge funds own 96.07% of the company’s stock.

Insiders Place Their Bets

In other NorthWestern Energy Group news, Director Britt E. Ide sold 700 shares of the company’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 transaction of $37,499.00. Following the completion of the sale, the director now 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Anthony Thomas Clark sold 7,400 shares of the company’s stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $51.95, for a total value of $384,430.00. Following the sale, the director now directly owns 16,816 shares of the company’s stock, valued at $873,591.20. The trade was a 30.56 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 8,802 shares of company stock valued at $460,062 over the last 90 days. 0.94% of the stock is currently owned by company insiders.

NorthWestern Energy Group Trading Up 1.3 %

NYSE:NWE opened at $56.64 on Tuesday. The stock’s 50 day moving average price is $53.56 and its 200 day moving average price is $54.28. NorthWestern Energy Group, Inc. has a 52 week low of $47.48 and a 52 week high of $57.49. The company has a market capitalization of $3.47 billion, a P/E ratio of 15.52, a P/E/G ratio of 2.40 and a beta of 0.48. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.37 and a current ratio of 0.52.

NorthWestern Energy Group Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be given a dividend of $0.66 per share. The ex-dividend date is Friday, March 14th. This represents a $2.64 dividend on an annualized basis and a yield of 4.66%. This is a boost from NorthWestern Energy Group’s previous quarterly dividend of $0.65. NorthWestern Energy Group’s dividend payout ratio is presently 72.33%.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on NWE shares. Barclays dropped their target price on NorthWestern Energy Group from $57.00 to $56.00 and set an “overweight” rating on the stock in a report on Wednesday, February 19th. LADENBURG THALM/SH SH upgraded NorthWestern Energy Group from a “neutral” rating to a “buy” rating and set a $57.50 price objective on the stock in a report on Wednesday, January 15th. Finally, Guggenheim upgraded NorthWestern Energy Group from a “neutral” rating to a “buy” rating in a report on Thursday, January 23rd. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $59.25.

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.