Barclays PLC boosted its position in shares of Northwest Natural Holding (NYSE:NWN - Free Report) by 17.5% 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 74,863 shares of the utilities provider's stock after acquiring an additional 11,160 shares during the period. Barclays PLC owned 0.19% of Northwest Natural worth $2,962,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also bought and sold shares of NWN. Capital Advisors Ltd. LLC grew its holdings in shares of Northwest Natural by 11,111.1% during the fourth quarter. Capital Advisors Ltd. LLC now owns 1,009 shares of the utilities provider's stock worth $40,000 after purchasing an additional 1,000 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in Northwest Natural in the 3rd quarter worth approximately $61,000. KBC Group NV lifted its holdings in shares of Northwest Natural by 74.1% during the 4th quarter. KBC Group NV now owns 2,054 shares of the utilities provider's stock worth $81,000 after acquiring an additional 874 shares during the last quarter. Steward Partners Investment Advisory LLC grew its position in Northwest Natural by 13.5% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 2,906 shares of the utilities provider's stock worth $115,000 after acquiring an additional 345 shares in the last quarter. Finally, Spirit of America Management Corp NY raised its holdings in shares of Northwest Natural by 78.9% during the 4th quarter. Spirit of America Management Corp NY now owns 3,400 shares of the utilities provider's stock valued at $135,000 after buying an additional 1,500 shares in the last quarter. Institutional investors own 75.13% of the company's stock.
Insider Activity at Northwest Natural
In other Northwest Natural news, VP David A. Weber sold 2,183 shares of the firm's stock in a transaction dated Monday, March 31st. The stock was sold at an average price of $42.46, for a total transaction of $92,690.18. Following the sale, the vice president now directly owns 255 shares of the company's stock, valued at $10,827.30. This trade represents a 89.54 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO David Hugo Anderson sold 7,500 shares of the business's stock in a transaction on Monday, March 24th. The stock was sold at an average price of $41.46, for a total transaction of $310,950.00. Following the completion of the sale, the chief executive officer now owns 117,382 shares in the company, valued at approximately $4,866,657.72. The trade was a 6.01 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 25,192 shares of company stock valued at $1,054,793 over the last 90 days. Corporate insiders own 0.93% of the company's stock.
Northwest Natural Trading Up 0.5 %
Shares of NWN traded up $0.23 during mid-day trading on Friday, reaching $43.17. The company's stock had a trading volume of 195,759 shares, compared to its average volume of 244,631. The company's fifty day moving average price is $42.01 and its two-hundred day moving average price is $41.13. The company has a current ratio of 0.72, a quick ratio of 0.53 and a debt-to-equity ratio of 1.15. Northwest Natural Holding has a 52 week low of $34.82 and a 52 week high of $44.38. The stock has a market cap of $1.74 billion, a PE ratio of 20.36 and a beta of 0.56.
Northwest Natural (NYSE:NWN - Get Free Report) last issued its quarterly earnings data on Friday, February 28th. The utilities provider reported $1.41 EPS for the quarter, missing the consensus estimate of $1.42 by ($0.01). Northwest Natural had a return on equity of 5.89% and a net margin of 6.90%. The company had revenue of $370.90 million during the quarter, compared to the consensus estimate of $395.05 million. During the same quarter last year, the company posted $1.21 earnings per share. The firm's revenue for the quarter was up 4.3% compared to the same quarter last year. On average, analysts predict that Northwest Natural Holding will post 2.33 earnings per share for the current fiscal year.
Northwest Natural Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Wednesday, April 30th will be given a $0.49 dividend. This represents a $1.96 annualized dividend and a dividend yield of 4.54%. The ex-dividend date is Wednesday, April 30th. Northwest Natural's dividend payout ratio is presently 96.55%.
About Northwest Natural
(
Free Report)
Northwest Natural Holding Company, through its subsidiary, Northwest Natural Gas Company, provides regulated natural gas distribution services to residential, commercial, and industrial customers in the United States. The company operates a mist gas storage facility contracted to other utilities, third-party marketers, and electric generators; offers natural gas asset management services; and operates an appliance retail center.
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