Northwest Natural Holding (NYSE:NWN) Shares Bought by Gamco Investors INC. ET AL

Gamco Investors INC. ET AL lifted its position in shares of Northwest Natural Holding (NYSE:NWN - Free Report) by 7.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 355,400 shares of the utilities provider's stock after acquiring an additional 25,000 shares during the quarter. Gamco Investors INC. ET AL owned 0.89% of Northwest Natural worth $14,060,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Capital Advisors Ltd. LLC boosted its position in 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 acquired a new position in shares of Northwest Natural during the 3rd quarter worth approximately $61,000. KBC Group NV lifted its position 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 valued at $81,000 after buying an additional 874 shares in the last quarter. Steward Partners Investment Advisory LLC grew its stake in Northwest Natural by 13.5% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 2,906 shares of the utilities provider's stock valued at $115,000 after acquiring an additional 345 shares during the period. Finally, Spirit of America Management Corp NY increased its holdings in Northwest Natural by 78.9% in the 4th quarter. Spirit of America Management Corp NY now owns 3,400 shares of the utilities provider's stock worth $135,000 after acquiring an additional 1,500 shares in the last quarter. 75.13% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CEO David Hugo Anderson sold 7,500 shares of the firm's stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $41.33, for a total value of $309,975.00. Following the transaction, the chief executive officer now directly owns 137,742 shares of the company's stock, valued at approximately $5,692,876.86. This trade represents a 5.16 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, VP David A. Weber sold 2,183 shares of the business'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 transaction, the vice president now owns 255 shares in the company, valued at $10,827.30. The trade was a 89.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 25,192 shares of company stock worth $1,042,268. 0.84% of the stock is owned by corporate insiders.

Northwest Natural Price Performance

NYSE:NWN traded up $0.02 during trading hours on Monday, reaching $43.01. 34,194 shares of the company were exchanged, compared to its average volume of 237,250. The company has a current ratio of 0.72, a quick ratio of 0.53 and a debt-to-equity ratio of 1.15. The firm has a market cap of $1.73 billion, a PE ratio of 20.29 and a beta of 0.56. Northwest Natural Holding has a twelve month low of $34.82 and a twelve month high of $44.25. The stock's 50-day moving average is $41.56 and its 200-day moving average is $40.89.

Northwest Natural (NYSE:NWN - Get Free Report) last released its quarterly earnings results on Friday, February 28th. The utilities provider reported $1.41 earnings per share 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 for the quarter, compared to analyst estimates of $395.05 million. During the same quarter last year, the company earned $1.21 EPS. The firm's revenue for the quarter was up 4.3% on a year-over-year basis. On average, sell-side analysts anticipate that Northwest Natural Holding will post 2.33 earnings per share for the current fiscal year.

Northwest Natural Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Wednesday, April 30th will be paid a $0.49 dividend. This represents a $1.96 dividend on an annualized basis and a dividend yield of 4.56%. The ex-dividend date of this dividend is Wednesday, April 30th. Northwest Natural's dividend payout ratio is presently 96.55%.

Northwest Natural Company Profile

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.