Cwm LLC lifted its position in NorthWestern Energy Group, Inc. (NYSE:NWE – Free Report) by 31.1% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,004 shares of the company’s stock after buying an additional 949 shares during the quarter. Cwm LLC’s holdings in NorthWestern Energy Group were worth $205,000 as of its most recent filing with the SEC.
Other large investors have also made changes to their positions in the company. Principal Financial Group Inc. grew its stake in shares of NorthWestern Energy Group by 4.1% in the 1st quarter. Principal Financial Group Inc. now owns 181,192 shares of the company’s stock valued at $10,486,000 after buying an additional 7,177 shares in the last quarter. GAMMA Investing LLC grew its stake in shares of NorthWestern Energy Group by 27.7% in the 1st quarter. GAMMA Investing LLC now owns 2,297 shares of the company’s stock valued at $133,000 after buying an additional 498 shares in the last quarter. EntryPoint Capital LLC bought a new stake in shares of NorthWestern Energy Group in the 1st quarter valued at approximately $356,000. KBC Group NV grew its stake in shares of NorthWestern Energy Group by 30.6% in the 1st quarter. KBC Group NV now owns 3,266 shares of the company’s stock valued at $189,000 after buying an additional 765 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC grew its stake in shares of NorthWestern Energy Group by 53.9% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 7,448 shares of the company’s stock valued at $431,000 after buying an additional 2,610 shares in the last quarter. Institutional investors own 96.07% of the company’s stock.
NorthWestern Energy Group Stock Down 1.1%
Shares of NWE stock opened at $61.36 on Wednesday. NorthWestern Energy Group, Inc. has a 12 month low of $50.43 and a 12 month high of $62.43. The firm has a market cap of $3.77 billion, a PE ratio of 16.81, a price-to-earnings-growth ratio of 2.40 and a beta of 0.39. The stock has a 50 day moving average of $58.10 and a 200-day moving average of $55.73. The company has a quick ratio of 0.37, a current ratio of 0.52 and a debt-to-equity ratio of 0.94.
Wall Street Analyst Weigh In
Several equities research analysts recently commented on NWE shares. Wells Fargo & Company assumed coverage on NorthWestern Energy Group in a research note on Monday. They issued an “equal weight” rating and a $58.00 price target for the company. Barclays upped their target price on NorthWestern Energy Group from $56.00 to $61.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 21st. Two equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $58.75.
Get Our Latest Analysis on NWE
NorthWestern Energy Group 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.
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