Mutual of America Capital Management LLC boosted its holdings in NorthWestern Corp (NYSE:NWE) by 3.0% in the 4th quarter, HoldingsChannel reports. The fund owned 110,367 shares of the utilities provider’s stock after acquiring an additional 3,231 shares during the quarter. Mutual of America Capital Management LLC’s holdings in NorthWestern were worth $6,589,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Prudential PLC purchased a new position in shares of NorthWestern in the second quarter valued at $207,000. Shelton Capital Management purchased a new position in shares of NorthWestern in the second quarter valued at $222,000. BB&T Investment Services Inc. purchased a new position in shares of NorthWestern in the second quarter valued at $239,000. Crossmark Global Holdings Inc. purchased a new position in shares of NorthWestern in the third quarter valued at $249,000. Finally, Commonwealth Equity Services Inc increased its position in shares of NorthWestern by 29.9% in the third quarter. Commonwealth Equity Services Inc now owns 4,526 shares of the utilities provider’s stock valued at $257,000 after buying an additional 1,043 shares in the last quarter. Institutional investors and hedge funds own 93.48% of the company’s stock.

A number of research analysts have recently weighed in on NWE shares. Credit Suisse Group dropped their price target on NorthWestern from $60.00 to $58.00 and set an “underperform” rating for the company in a research report on Friday, November 10th. Bank of America started coverage on NorthWestern in a research report on Tuesday, October 24th. They issued an “underperform” rating and a $54.00 price target for the company. Zacks Investment Research upgraded NorthWestern from a “sell” rating to a “hold” rating in a research report on Wednesday, November 1st. Finally, KeyCorp restated a “hold” rating on shares of NorthWestern in a research report on Friday, October 20th. Four equities research analysts have rated the stock with a sell rating and two have given a hold rating to the stock. The stock has an average rating of “Sell” and an average price target of $58.00.

In related news, CEO Robert C. Rowe sold 3,626 shares of NorthWestern stock in a transaction dated Friday, December 1st. The stock was sold at an average price of $64.25, for a total transaction of $232,970.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 1.33% of the company’s stock.

NorthWestern Corp (NWE) opened at $52.86 on Friday. NorthWestern Corp has a 52-week low of $52.71 and a 52-week high of $64.47. The firm has a market capitalization of $2,596.89, a price-to-earnings ratio of 16.15, a PEG ratio of 8.94 and a beta of 0.22. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.42 and a quick ratio of 0.33.

NorthWestern (NYSE:NWE) last posted its quarterly earnings data on Wednesday, November 1st. The utilities provider reported $0.74 EPS for the quarter, missing analysts’ consensus estimates of $0.75 by ($0.01). The company had revenue of $309.90 million for the quarter, compared to analysts’ expectations of $305.60 million. NorthWestern had a return on equity of 9.41% and a net margin of 12.44%. The company’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.68 EPS. sell-side analysts forecast that NorthWestern Corp will post 3.41 EPS for the current year.

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NorthWestern Profile

NorthWestern Corporation, doing business as North-Western Energy, provides electricity and natural gas. The Company’s segments are Electric operations, Natural gas operations and All other. As of December 31, 2016, the Company provided electricity and natural gas to approximately 709,600 customers in Montana, South Dakota and Nebraska.

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Institutional Ownership by Quarter for NorthWestern (NYSE:NWE)

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