NorthWestern Energy Group, Inc. $NWE Shares Acquired by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lifted its stake in NorthWestern Energy Group, Inc. (NYSE:NWE) by 129.4% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 14,024 shares of the company’s stock after acquiring an additional 7,911 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in NorthWestern Energy Group were worth $826,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Intrua Financial LLC lifted its stake in NorthWestern Energy Group by 5.7% during the third quarter. Intrua Financial LLC now owns 7,111 shares of the company’s stock worth $417,000 after purchasing an additional 386 shares in the last quarter. Sequoia Financial Advisors LLC grew its stake in shares of NorthWestern Energy Group by 159.7% in the third quarter. Sequoia Financial Advisors LLC now owns 17,551 shares of the company’s stock valued at $1,029,000 after buying an additional 10,794 shares in the last quarter. Maryland State Retirement & Pension System raised its holdings in shares of NorthWestern Energy Group by 2.9% in the 3rd quarter. Maryland State Retirement & Pension System now owns 56,910 shares of the company’s stock valued at $3,335,000 after buying an additional 1,595 shares during the period. Oliver Luxxe Assets LLC lifted its stake in NorthWestern Energy Group by 4.5% during the 3rd quarter. Oliver Luxxe Assets LLC now owns 77,623 shares of the company’s stock worth $4,549,000 after acquiring an additional 3,368 shares in the last quarter. Finally, State of Alaska Department of Revenue boosted its holdings in NorthWestern Energy Group by 22.7% during the 3rd quarter. State of Alaska Department of Revenue now owns 8,452 shares of the company’s stock valued at $495,000 after acquiring an additional 1,563 shares during the period. Institutional investors and hedge funds own 96.07% of the company’s stock.

NorthWestern Energy Group Stock Up 2.4%

Shares of NorthWestern Energy Group stock opened at $69.31 on Wednesday. The company has a quick ratio of 0.37, a current ratio of 0.52 and a debt-to-equity ratio of 0.94. NorthWestern Energy Group, Inc. has a 52-week low of $50.46 and a 52-week high of $69.39. The company has a market capitalization of $4.26 billion, a P/E ratio of 18.99, a P/E/G ratio of 2.40 and a beta of 0.35. The company has a 50 day moving average of $66.43 and a 200 day moving average of $61.29.

Wall Street Analysts Forecast Growth

NWE has been the topic of a number of recent research reports. JPMorgan Chase & Co. boosted their price target on shares of NorthWestern Energy Group from $60.00 to $61.00 and gave the stock a “neutral” rating in a research note on Friday, December 12th. Barclays upped their target price on shares of NorthWestern Energy Group from $61.00 to $62.00 and gave the stock an “overweight” rating in a research note on Thursday, January 22nd. Finally, Wells Fargo & Company cut shares of NorthWestern Energy Group from an “equal weight” rating to an “underweight” rating and decreased their price target for the company from $58.00 to $53.00 in a research report on Tuesday, January 20th. One analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, NorthWestern Energy Group has an average rating of “Hold” and a consensus target price of $58.40.

About NorthWestern Energy Group

NorthWestern Energy Group (NYSE: NWE) is a regulated energy utility company based in Sioux Falls, South Dakota. The company delivers electricity and natural gas to residential, commercial and industrial customers across a service territory that spans Montana, South Dakota and Nebraska. Through its wholly owned subsidiary, NorthWestern Corporation, it operates a diversified portfolio of generation assets, including thermal, hydroelectric and renewable facilities, as well as an extensive network of transmission and distribution lines.

NorthWestern Energy’s primary business activities encompass the delivery, transmission and sale of electric and natural gas services.