Sapience Investments LLC boosted its position in shares of NorthWestern Corp (NYSE:NWE) by 4.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 193,380 shares of the utilities provider’s stock after acquiring an additional 7,520 shares during the period. NorthWestern accounts for about 1.6% of Sapience Investments LLC’s holdings, making the stock its 25th biggest position. Sapience Investments LLC owned 0.40% of NorthWestern worth $11,545,000 at the end of the most recent reporting period.
A number of other large investors have also recently modified their holdings of the stock. Commonwealth Equity Services Inc grew its stake in NorthWestern by 29.9% during the third quarter. Commonwealth Equity Services Inc now owns 4,526 shares of the utilities provider’s stock valued at $257,000 after acquiring an additional 1,043 shares in the last quarter. Advisor Group Inc. grew its stake in NorthWestern by 105.9% in the 4th quarter. Advisor Group Inc. now owns 2,296 shares of the utilities provider’s stock worth $136,000 after buying an additional 1,181 shares in the last quarter. Chilton Capital Management LLC grew its stake in NorthWestern by 25.1% in the 4th quarter. Chilton Capital Management LLC now owns 5,984 shares of the utilities provider’s stock worth $357,000 after buying an additional 1,200 shares in the last quarter. ING Groep NV grew its stake in NorthWestern by 23.5% in the 4th quarter. ING Groep NV now owns 7,333 shares of the utilities provider’s stock worth $438,000 after buying an additional 1,397 shares in the last quarter. Finally, FCA Corp TX grew its stake in NorthWestern by 3.8% in the 3rd quarter. FCA Corp TX now owns 39,635 shares of the utilities provider’s stock worth $2,257,000 after buying an additional 1,442 shares in the last quarter. 94.04% of the stock is owned by institutional investors.
In other news, VP Patrick R. Corcoran sold 5,100 shares of the company’s stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $50.97, for a total value of $259,947.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Michael R. Cashell sold 1,000 shares of the company’s stock in a transaction on Friday, March 2nd. The shares were sold at an average price of $50.95, for a total transaction of $50,950.00. The disclosure for this sale can be found here. Insiders sold a total of 7,900 shares of company stock valued at $414,181 in the last ninety days. 1.40% of the stock is owned by corporate insiders.
NorthWestern Corp (NWE) opened at $51.07 on Monday. The company has a quick ratio of 0.39, a current ratio of 0.47 and a debt-to-equity ratio of 1.01. NorthWestern Corp has a 12 month low of $50.01 and a 12 month high of $64.47. The company has a market cap of $2,522.72, a P/E ratio of 15.34, a price-to-earnings-growth ratio of 6.28 and a beta of 0.28.
NorthWestern (NYSE:NWE) last released its quarterly earnings results on Monday, February 12th. The utilities provider reported $0.98 EPS for the quarter, missing the Zacks’ consensus estimate of $1.02 by ($0.04). NorthWestern had a return on equity of 9.33% and a net margin of 12.46%. The company had revenue of $344.55 million during the quarter. sell-side analysts expect that NorthWestern Corp will post 3.43 earnings per share for the current year.
The firm also recently disclosed a dividend, which will be paid on Thursday, March 29th. Stockholders of record on Thursday, March 15th will be paid a $0.55 dividend. The ex-dividend date of this dividend is Wednesday, March 14th. NorthWestern’s dividend payout ratio (DPR) is 62.87%.
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NorthWestern Corporation, doing business as North-Western Energy, provides electricity and natural gas. The Company’s segments are Electric operations, Natural gas operations and All other. As of December 31, 2016, the Company provided electricity and natural gas to approximately 709,600 customers in Montana, South Dakota and Nebraska.
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