NorthWestern (NYSE:NWE) had its price target upped by KeyCorp from $66.00 to $67.00 in a report released on Monday morning. The brokerage currently has an overweight rating on the utilities provider’s stock.

A number of other research firms also recently issued reports on NWE. ValuEngine raised shares of NorthWestern from a hold rating to a buy rating in a research report on Wednesday, October 24th. Credit Suisse Group increased their target price on shares of NorthWestern from $55.00 to $56.00 and gave the stock an underperform rating in a research report on Monday, October 1st. Zacks Investment Research downgraded shares of NorthWestern from a hold rating to a sell rating in a research report on Tuesday, November 27th. Finally, Barclays set a $62.00 target price on shares of NorthWestern and gave the stock a hold rating in a research report on Saturday, November 17th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus price target of $62.60.

NYSE NWE opened at $62.34 on Monday. NorthWestern has a 12 month low of $50.01 and a 12 month high of $65.74. The company has a debt-to-equity ratio of 1.07, a current ratio of 0.71 and a quick ratio of 0.56. The stock has a market cap of $3.22 billion, a PE ratio of 18.89, a P/E/G ratio of 8.31 and a beta of 0.11.

NorthWestern (NYSE:NWE) last posted its quarterly earnings data on Tuesday, October 23rd. The utilities provider reported $0.58 EPS for the quarter, missing the Zacks’ consensus estimate of $0.72 by ($0.14). The company had revenue of $279.87 million for the quarter, compared to analyst estimates of $312.21 million. NorthWestern had a net margin of 14.53% and a return on equity of 9.64%. The company’s revenue was down 9.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.74 EPS. On average, analysts expect that NorthWestern will post 3.4 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 31st. Investors of record on Friday, December 14th will be given a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a yield of 3.53%. The ex-dividend date is Thursday, December 13th. NorthWestern’s dividend payout ratio (DPR) is presently 66.67%.

In other NorthWestern news, 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 value of $54,855.00. Following the completion of the sale, the director now owns 4,255 shares of the company’s stock, valued at $259,342.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, 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 transaction of $121,885.00. The disclosure for this sale can be found here. 1.40% of the stock is currently owned by corporate insiders.

A number of large investors have recently modified their holdings of the business. Martingale Asset Management L P grew its position in NorthWestern by 0.6% in the third quarter. Martingale Asset Management L P now owns 145,949 shares of the utilities provider’s stock valued at $8,562,000 after acquiring an additional 803 shares in the last quarter. Retirement Systems of Alabama grew its position in NorthWestern by 0.5% in the third quarter. Retirement Systems of Alabama now owns 183,326 shares of the utilities provider’s stock valued at $10,754,000 after acquiring an additional 961 shares in the last quarter. Arizona State Retirement System grew its position in NorthWestern by 2.9% in the second quarter. Arizona State Retirement System now owns 34,349 shares of the utilities provider’s stock valued at $1,966,000 after acquiring an additional 971 shares in the last quarter. Oregon Public Employees Retirement Fund grew its position in NorthWestern by 5.6% in the second quarter. Oregon Public Employees Retirement Fund now owns 19,189 shares of the utilities provider’s stock valued at $1,099,000 after acquiring an additional 1,012 shares in the last quarter. Finally, The Manufacturers Life Insurance Company grew its position in NorthWestern by 0.9% in the third quarter. The Manufacturers Life Insurance Company now owns 115,360 shares of the utilities provider’s stock valued at $6,767,000 after acquiring an additional 1,084 shares in the last quarter. 97.11% of the stock is owned by institutional investors.

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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