Northwest Natural Holding (NYSE:NWN - Get Free Report) Director David Hugo Anderson sold 7,500 shares of the firm's stock in a transaction dated Monday, April 21st. The shares were sold at an average price of $43.00, for a total transaction of $322,500.00. Following the transaction, the director now owns 109,882 shares of the company's stock, valued at approximately $4,724,926. This trade represents a 6.39 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.
David Hugo Anderson also recently made the following trade(s):
- On Monday, March 24th, David Hugo Anderson sold 7,500 shares of Northwest Natural stock. The shares were sold at an average price of $41.46, for a total transaction of $310,950.00.
- On Monday, February 24th, David Hugo Anderson sold 509 shares of Northwest Natural stock. The stock was sold at an average price of $42.00, for a total transaction of $21,378.00.
- On Thursday, February 20th, David Hugo Anderson sold 7,500 shares of Northwest Natural stock. The stock was sold at an average price of $40.97, for a total value of $307,275.00.
Northwest Natural Stock Down 1.2 %
Shares of Northwest Natural stock opened at $43.58 on Thursday. The company has a quick ratio of 0.53, a current ratio of 0.72 and a debt-to-equity ratio of 1.15. Northwest Natural Holding has a 12-month low of $34.82 and a 12-month high of $44.38. The firm has a market capitalization of $1.76 billion, a PE ratio of 20.56 and a beta of 0.56. The stock's fifty day moving average is $41.73 and its 200-day moving average is $40.95.
Northwest Natural (NYSE:NWN - Get Free Report) last posted its quarterly earnings data on Friday, February 28th. The utilities provider reported $1.41 EPS for the quarter, missing analysts' consensus estimates of $1.42 by ($0.01). The firm had revenue of $370.90 million for the quarter, compared to analysts' expectations of $395.05 million. Northwest Natural had a net margin of 6.90% and a return on equity of 5.89%. Northwest Natural's quarterly revenue was up 4.3% compared to the same quarter last year. During the same period in the prior year, the company posted $1.21 earnings per share. Equities analysts anticipate that Northwest Natural Holding will post 2.33 earnings per share for the current year.
Northwest Natural Announces Dividend
The company also recently disclosed 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. This represents a $1.96 annualized dividend and a yield of 4.50%. The ex-dividend date is Wednesday, April 30th. Northwest Natural's payout ratio is 96.55%.
Institutional Trading of Northwest Natural
A number of hedge funds have recently modified their holdings of NWN. Vanguard Group Inc. grew its holdings in shares of Northwest Natural by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 4,713,729 shares of the utilities provider's stock valued at $186,475,000 after buying an additional 28,078 shares in the last quarter. Geode Capital Management LLC grew its stake in Northwest Natural by 2.8% during the 4th quarter. Geode Capital Management LLC now owns 908,715 shares of the utilities provider's stock valued at $35,958,000 after acquiring an additional 24,510 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Northwest Natural by 2.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 715,951 shares of the utilities provider's stock valued at $28,323,000 after purchasing an additional 17,391 shares during the period. Charles Schwab Investment Management Inc. lifted its position in shares of Northwest Natural by 8.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 615,126 shares of the utilities provider's stock worth $24,334,000 after purchasing an additional 46,135 shares in the last quarter. Finally, Gabelli Funds LLC boosted its holdings in shares of Northwest Natural by 1.6% during the fourth quarter. Gabelli Funds LLC now owns 520,000 shares of the utilities provider's stock worth $20,571,000 after purchasing an additional 8,000 shares during the period. Hedge funds and other institutional investors own 75.13% of the company's stock.
Northwest Natural Company Profile
(
Get 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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