12,549 Shares in Northwest Natural Holding (NYSE:NWN) Bought by Jump Financial LLC

Jump Financial LLC bought a new stake in Northwest Natural Holding (NYSE:NWN - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 12,549 shares of the utilities provider's stock, valued at approximately $496,000.

Other institutional investors also recently made changes to their positions in the company. Capital Advisors Ltd. LLC boosted its position in Northwest Natural by 11,111.1% during the 4th quarter. Capital Advisors Ltd. LLC now owns 1,009 shares of the utilities provider's stock valued at $40,000 after purchasing an additional 1,000 shares during the period. Wilmington Savings Fund Society FSB acquired a new position in shares of Northwest Natural during the third quarter valued at $61,000. KBC Group NV grew its position in shares of Northwest Natural by 74.1% during the fourth 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 lifted its position 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 purchasing an additional 345 shares during the last quarter. Finally, Spirit of America Management Corp NY boosted its stake in 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 purchasing an additional 1,500 shares during the period. 75.13% of the stock is owned by institutional investors.

Northwest Natural Stock Performance

Shares of NYSE:NWN traded down $0.63 during trading hours on Wednesday, hitting $43.15. The stock had a trading volume of 290,505 shares, compared to its average volume of 245,381. The stock's fifty day simple moving average is $41.98 and its 200 day simple moving average is $41.11. The firm has a market capitalization of $1.74 billion, a price-to-earnings ratio of 20.35 and a beta of 0.56. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.53 and a current ratio of 0.72. Northwest Natural Holding has a 1-year low of $34.82 and a 1-year high of $44.38.

Northwest Natural (NYSE:NWN - Get Free Report) last announced its 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 net margin of 6.90% and a return on equity of 5.89%. The business had revenue of $370.90 million for the quarter, compared to the consensus estimate of $395.05 million. During the same period in the previous year, the firm earned $1.21 EPS. The firm's revenue was up 4.3% on a year-over-year basis. 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 business also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Wednesday, April 30th will be given a dividend of $0.49 per share. The ex-dividend date is Wednesday, April 30th. This represents a $1.96 dividend on an annualized basis and a dividend yield of 4.54%. Northwest Natural's dividend payout ratio (DPR) is 96.55%.

Insider Transactions at Northwest Natural

In other Northwest Natural news, VP David A. Weber sold 2,183 shares of the company's stock in a transaction that occurred on Monday, March 31st. The stock was sold at an average price of $42.46, for a total value of $92,690.18. Following the completion of the sale, the vice president now directly owns 255 shares in the company, valued at $10,827.30. This represents a 89.54 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO David Hugo Anderson sold 7,500 shares of Northwest Natural stock in a transaction on Monday, March 24th. The shares were sold at an average price of $41.46, for a total value of $310,950.00. Following the transaction, the chief executive officer now owns 117,382 shares in the company, valued at approximately $4,866,657.72. This trade represents a 6.01 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 25,192 shares of company stock valued at $1,054,793. Company insiders own 0.84% of the company's stock.

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.