NorthWestern Energy Group’s (NWE) “Neutral” Rating Reaffirmed at LADENBURG THALM/SH SH

LADENBURG THALM/SH SH reaffirmed their neutral rating on shares of NorthWestern Energy Group (NYSE:NWE) in a report released on Monday, Marketbeat reports. LADENBURG THALM/SH SH currently has a $56.00 price target on the stock, down from their prior price target of $57.50.

Several other analysts also recently weighed in on the stock. Barclays lifted their target price on shares of NorthWestern Energy Group from $56.00 to $59.00 and gave the company an “overweight” rating in a report on Tuesday, April 22nd. BMO Capital Markets initiated coverage on shares of NorthWestern Energy Group in a report on Tuesday, May 13th. They issued a “market perform” rating and a $60.00 target price on the stock. Finally, Wells Fargo & Company lifted their target price on shares of NorthWestern Energy Group from $62.00 to $64.00 and gave the company an “overweight” rating in a report on Thursday, May 1st. Five analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, NorthWestern Energy Group presently has an average rating of “Hold” and a consensus target price of $60.00.

NorthWestern Energy Group Trading Down 2.2%

Shares of NorthWestern Energy Group stock opened at $54.11 on Monday. NorthWestern Energy Group has a 1 year low of $48.52 and a 1 year high of $59.89. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.37 and a current ratio of 0.52. The company has a market capitalization of $3.32 billion, a P/E ratio of 14.82, a PEG ratio of 2.40 and a beta of 0.40. The company’s fifty day moving average is $56.71 and its two-hundred day moving average is $54.95.

NorthWestern Energy Group (NYSE:NWE) last issued its earnings results on Wednesday, April 30th. The company reported $1.22 earnings per share for the quarter, beating the consensus estimate of $1.18 by $0.04. NorthWestern Energy Group had a net margin of 14.81% and a return on equity of 7.40%. The company’s revenue was down 1.8% compared to the same quarter last year. During the same period in the prior year, the business earned $1.09 EPS. Analysts forecast that NorthWestern Energy Group will post 3.63 earnings per share for the current year.

NorthWestern Energy Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be paid a $0.66 dividend. This represents a $2.64 annualized dividend and a dividend yield of 4.88%. The ex-dividend date of this dividend is Friday, June 13th. NorthWestern Energy Group’s dividend payout ratio (DPR) is 68.75%.

Institutional Trading of NorthWestern Energy Group

Hedge funds and other institutional investors have recently made changes to their positions in the stock. S.A. Mason LLC acquired a new stake in shares of NorthWestern Energy Group in the fourth quarter valued at about $30,000. Farther Finance Advisors LLC lifted its stake in shares of NorthWestern Energy Group by 155.3% in the first quarter. Farther Finance Advisors LLC now owns 845 shares of the company’s stock valued at $49,000 after purchasing an additional 514 shares during the period. Steward Partners Investment Advisory LLC lifted its stake in shares of NorthWestern Energy Group by 91.9% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 971 shares of the company’s stock valued at $52,000 after purchasing an additional 465 shares during the period. EverSource Wealth Advisors LLC lifted its stake in shares of NorthWestern Energy Group by 280.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,203 shares of the company’s stock valued at $64,000 after purchasing an additional 887 shares during the period. Finally, Asset Management One Co. Ltd. acquired a new stake in shares of NorthWestern Energy Group in the fourth quarter valued at about $73,000. Institutional investors and hedge funds own 96.07% of the company’s stock.

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.