NorthWestern (NYSE:NWE) received a $62.00 target price from investment analysts at Barclays in a report issued on Saturday. The firm presently has a “hold” rating on the utilities provider’s stock. Barclays’ price objective indicates a potential downside of 2.81% from the stock’s previous close.

Several other equities analysts have also weighed in on the stock. Zacks Investment Research lowered shares of NorthWestern from a “buy” rating to a “hold” rating in a report on Thursday, September 20th. Credit Suisse Group increased their price objective on shares of NorthWestern from $55.00 to $56.00 and gave the company an “underperform” rating in a report on Monday, October 1st. ValuEngine lowered shares of NorthWestern from a “buy” rating to a “hold” rating in a report on Friday, November 2nd. Finally, Wells Fargo & Co increased their price objective on shares of NorthWestern from $59.00 to $61.00 and gave the company a “market perform” rating in a report on Monday, September 17th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company. NorthWestern presently has a consensus rating of “Hold” and an average target price of $61.50.

NWE opened at $63.79 on Friday. NorthWestern has a one year low of $50.01 and a one year high of $64.76. The company has a current ratio of 0.71, a quick ratio of 0.56 and a debt-to-equity ratio of 1.07. The company has a market cap of $3.19 billion, a PE ratio of 19.33, a P/E/G ratio of 8.25 and a beta of 0.08.

NorthWestern (NYSE:NWE) last released its quarterly earnings results on Tuesday, October 23rd. The utilities provider reported $0.58 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.72 by ($0.14). NorthWestern had a net margin of 14.53% and a return on equity of 9.64%. The company had revenue of $279.87 million for the quarter, compared to the consensus estimate of $312.21 million. During the same period last year, the company earned $0.74 earnings per share. NorthWestern’s revenue for the quarter was down 9.7% compared to the same quarter last year. As a group, equities analysts anticipate that NorthWestern will post 3.4 EPS for the current fiscal year.

In related news, VP H. Grahame Heather sold 1,900 shares of the stock in a transaction that occurred on Friday, November 16th. The shares were sold at an average price of $64.15, for a total value of $121,885.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Jan Robert Horsfall sold 900 shares of the stock in a transaction that occurred on Thursday, November 8th. The shares were sold at an average price of $60.95, for a total transaction of $54,855.00. Following the completion of the transaction, the director now owns 4,255 shares in the company, valued at $259,342.25. The disclosure for this sale can be found here. Corporate insiders own 1.40% of the company’s stock.

A number of institutional investors and hedge funds have recently bought and sold shares of NWE. Honkamp Krueger Financial Services Inc. acquired a new stake in NorthWestern in the third quarter worth $124,000. Steward Partners Investment Advisory LLC acquired a new stake in NorthWestern in the second quarter worth $132,000. Tower Research Capital LLC TRC raised its holdings in NorthWestern by 344.4% in the third quarter. Tower Research Capital LLC TRC now owns 3,053 shares of the utilities provider’s stock worth $179,000 after purchasing an additional 2,366 shares during the period. Redpoint Investment Management Pty Ltd acquired a new stake in NorthWestern in the third quarter worth $210,000. Finally, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp acquired a new stake in NorthWestern in the second quarter worth $235,000. Institutional investors own 97.76% of the company’s stock.

NorthWestern Company Profile

NorthWestern Corporation, doing business as NorthWestern Energy, provides electricity and natural gas to residential, commercial, and industrial customers. The company operates through Electric Operations and Natural Gas Operations segments. It generates, transmits, and distributes electricity; and produces, stores, transmits, and distributes natural gas, as well as owns municipal franchises to provide natural gas service in the communities.

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