6 days Ago By ABMN Staff
Franklin Resources Inc. grew its holdings in shares of Northwest Natural Holding ( NYSE:NWN – Free Report ) by 12.4% during the fourth quarter, according to the company in its most recent disclosure with the SEC.
The fund owned 30,659 shares of the utilities provider’s stock after buying an additional 3,394 shares during the quarter. Franklin Resources Inc. owned 0.
08% of Northwest Natural worth $1,213,000 at the end of the most recent reporting period. A number of other large investors also recently bought and sold shares of the business. Vanguard Group Inc.
boosted its stake 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 purchasing an additional 28,078 shares during the period. State Street Corp grew its stake in Northwest Natural by 2.9% in the 3rd quarter.
State Street Corp now owns 1,817,813 shares of the utilities provider’s stock worth $74,203,000 after acquiring an additional 51,391 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Northwest Natural by 1.8% during the third quarter.
Geode Capital Management LLC now owns 884,205 shares of the utilities provider’s stock worth $36,101,000 after acquiring an additional 15,289 shares during the period. Charles Schwab Investment Management Inc. raised its stake in shares of Northwest Natural by 8.
1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 615,126 shares of the utilities provider’s stock valued at $24,334,000 after acquiring an additional 46,135 shares in the last quarter.
Finally, Bank of New York Mellon Corp boosted its holdings in shares of Northwest Natural by 3.8% in the fourth quarter. Bank of New York Mellon Corp now owns 454,248 shares of the utilities provider’s stock valued at $17,970,000 after purchasing an additional 16,497 shares during the period.
Hedge funds and other institutional investors own 75.13% of the company’s stock. Northwest Natural Trading Up 1.
7 % NWN opened at $41.98 on Tuesday. The company has a quick ratio of 0.
53, a current ratio of 0.72 and a debt-to-equity ratio of 1.15.
The stock’s fifty day moving average is $41.37 and its two-hundred day moving average is $40.81.
The company has a market capitalization of $1.69 billion, a P/E ratio of 19.80 and a beta of 0.
56. Northwest Natural Holding has a 52 week low of $34.82 and a 52 week high of $44.
25. Northwest Natural Dividend Announcement The company 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. This represents a $1.96 annualized dividend and a dividend yield of 4.
67%. The ex-dividend date is Wednesday, April 30th. Northwest Natural’s payout ratio is 96.
55%. Insider Transactions at Northwest Natural In other Northwest Natural news, CEO David Hugo Anderson sold 7,500 shares of the company’s stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $40.
97, for a total transaction of $307,275.00. Following the transaction, the chief executive officer now owns 130,242 shares in the company, valued at approximately $5,336,014.
74. This represents a 5.44 % decrease in their position.
The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website . Also, VP David A. Weber sold 2,183 shares of the company’s stock in a transaction on Monday, March 31st.
The shares were sold at an average price of $42.46, for a total value of $92,690.18.
Following the completion of the transaction, the vice president now directly owns 255 shares in the company, valued at approximately $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 . Insiders have sold a total of 25,192 shares of company stock valued at $1,042,268 in the last 90 days.
Insiders own 0.84% of the company’s stock. Northwest Natural Company Profile ( 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. Further Reading Receive News & Ratings for Northwest Natural Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Northwest Natural and related companies with MarketBeat.com's FREE daily email newsletter .
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