NorthWestern Energy Group (NWE) Scheduled to Post Earnings on Wednesday

NorthWestern Energy Group (NYSE:NWEGet Free Report) is scheduled to be issuing its quarterly earnings data after the market closes on Wednesday, February 14th. Analysts expect the company to announce earnings of $1.20 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

NorthWestern Energy Group Price Performance

Shares of NYSE:NWE opened at $47.59 on Tuesday. The company has a 50-day simple moving average of $49.83 and a 200-day simple moving average of $50.27. NorthWestern Energy Group has a one year low of $45.97 and a one year high of $61.24. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.42 and a current ratio of 0.63. The stock has a market capitalization of $2.91 billion, a price-to-earnings ratio of 15.81, a PEG ratio of 2.60 and a beta of 0.44.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on NWE shares. Wells Fargo & Company upgraded shares of NorthWestern Energy Group from an “equal weight” rating to an “overweight” rating and dropped their price target for the stock from $59.00 to $51.00 in a research note on Monday, October 30th. KeyCorp reiterated a “sector weight” rating on shares of NorthWestern Energy Group in a research note on Thursday, January 4th. Guggenheim upgraded shares of NorthWestern Energy Group from a “sell” rating to a “neutral” rating and set a $47.00 price target on the stock in a research note on Monday, January 22nd. Barclays boosted their price target on shares of NorthWestern Energy Group from $48.00 to $49.00 and gave the stock an “underweight” rating in a research note on Monday, January 22nd. Finally, LADENBURG THALM/SH SH lowered shares of NorthWestern Energy Group from a “buy” rating to a “neutral” rating and set a $51.00 price target on the stock. in a research note on Tuesday, November 7th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $53.38.

Read Our Latest Report on NWE

Institutional Trading of NorthWestern Energy Group

Several institutional investors and hedge funds have recently modified their holdings of the business. UBS Group AG lifted its holdings in shares of NorthWestern Energy Group by 34.0% in the fourth quarter. UBS Group AG now owns 104,968 shares of the company’s stock valued at $5,342,000 after purchasing an additional 26,610 shares in the last quarter. Deutsche Bank AG lifted its holdings in shares of NorthWestern Energy Group by 6.5% in the third quarter. Deutsche Bank AG now owns 68,371 shares of the company’s stock valued at $3,286,000 after purchasing an additional 4,197 shares in the last quarter. Walleye Trading LLC purchased a new stake in shares of NorthWestern Energy Group in the third quarter valued at about $405,000. Tudor Investment Corp Et Al purchased a new position in shares of NorthWestern Energy Group during the third quarter valued at approximately $274,000. Finally, Public Employees Retirement System of Ohio lifted its stake in shares of NorthWestern Energy Group by 16.0% during the third quarter. Public Employees Retirement System of Ohio now owns 72,284 shares of the company’s stock valued at $3,474,000 after buying an additional 9,955 shares during the period. Hedge funds and other institutional investors own 96.07% of the company’s stock.

NorthWestern Energy Group Company Profile

(Get Free Report)

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.

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Earnings History for NorthWestern Energy Group (NYSE:NWE)

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