Spirit of America Management Corp NY Has $102,000 Holdings in NorthWestern Energy Group, Inc. (NYSE:NWE)

Spirit of America Management Corp NY raised its holdings in NorthWestern Energy Group, Inc. (NYSE:NWE) by 90.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,900 shares of the company’s stock after buying an additional 900 shares during the quarter. Spirit of America Management Corp NY’s holdings in NorthWestern Energy Group were worth $102,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of NWE. State Street Corp lifted its holdings in shares of NorthWestern Energy Group by 1.7% in the third quarter. State Street Corp now owns 2,504,400 shares of the company’s stock valued at $143,302,000 after purchasing an additional 42,104 shares in the last quarter. River Road Asset Management LLC increased its holdings in NorthWestern Energy Group by 0.7% in the 3rd quarter. River Road Asset Management LLC now owns 2,235,009 shares of the company’s stock worth $127,887,000 after acquiring an additional 14,654 shares during the last quarter. Geode Capital Management LLC lifted its holdings in NorthWestern Energy Group by 2.3% during the third quarter. Geode Capital Management LLC now owns 1,536,518 shares of the company’s stock valued at $87,935,000 after purchasing an additional 35,279 shares during the last quarter. Systematic Financial Management LP boosted its position in NorthWestern Energy Group by 11.8% during the third quarter. Systematic Financial Management LP now owns 1,070,434 shares of the company’s stock worth $61,250,000 after purchasing an additional 113,265 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of NorthWestern Energy Group by 2.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 848,294 shares of the company’s stock worth $48,539,000 after purchasing an additional 19,542 shares in the last quarter. 96.07% of the stock is owned by institutional investors.

NorthWestern Energy Group Price Performance

Shares of NYSE NWE opened at $53.92 on Thursday. The stock’s 50-day simple moving average is $53.20 and its two-hundred day simple moving average is $54.11. NorthWestern Energy Group, Inc. has a twelve month low of $46.15 and a twelve month high of $57.49. The firm has a market capitalization of $3.31 billion, a P/E ratio of 14.53, a P/E/G ratio of 2.42 and a beta of 0.49. The company has a quick ratio of 0.30, a current ratio of 0.45 and a debt-to-equity ratio of 0.91.

Insider Transactions at NorthWestern Energy Group

In other news, Director Britt E. Ide sold 700 shares of the company’s stock in a transaction dated Monday, December 9th. The stock was sold at an average price of $53.57, for a total value of $37,499.00. Following the completion of the transaction, the director now directly owns 10,888 shares in the company, valued at approximately $583,270.16. This represents a 6.04 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Anthony Thomas Clark sold 7,400 shares of the firm’s stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $51.95, for a total value of $384,430.00. Following the transaction, the director now directly owns 16,816 shares in the company, valued at approximately $873,591.20. This represents a 30.56 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.57% of the stock is owned by insiders.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Barclays raised their price objective on shares of NorthWestern Energy Group from $56.00 to $57.00 and gave the stock an “overweight” rating in a report on Wednesday, January 22nd. JPMorgan Chase & Co. raised their price target on NorthWestern Energy Group from $56.00 to $60.00 and gave the stock a “neutral” rating in a report on Monday, October 21st. Guggenheim upgraded NorthWestern Energy Group from a “neutral” rating to a “buy” rating in a research note on Thursday, January 23rd. Wells Fargo & Company raised their target price on NorthWestern Energy Group from $58.00 to $61.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 16th. Finally, LADENBURG THALM/SH SH upgraded NorthWestern Energy Group from a “neutral” rating to a “buy” rating and set a $57.50 price target on the stock in a research report on Wednesday, January 15th. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, NorthWestern Energy Group has a consensus rating of “Moderate Buy” and an average target price of $59.42.

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.