2 weeks Ago By Defense World Staff
Prudential Financial Inc. decreased its holdings in Northwest Natural Holding (NYSE:NWN – Free Report) by 45.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC.
The fund owned 40,686 shares of the utilities provider’s stock after selling 34,100 shares during the quarter. Prudential Financial Inc. owned 0.
10% of Northwest Natural worth $1,610,000 as of its most recent SEC filing. Several other institutional investors also recently modified their holdings of the stock. Vanguard Group Inc.
grew its holdings in shares of Northwest Natural by 0.6% in the 4th quarter. Vanguard Group Inc.
now owns 4,713,729 shares of the utilities provider’s stock worth $186,475,000 after acquiring an additional 28,078 shares during the last quarter. LPL Financial LLC increased its stake in Northwest Natural by 11.3% in the 4th quarter.
LPL Financial LLC now owns 17,104 shares of the utilities provider’s stock worth $677,000 after purchasing an additional 1,730 shares in the last quarter. KLP Kapitalforvaltning AS acquired a new stake in Northwest Natural during the 4th quarter worth about $605,000. Sei Investments Co.
lifted its stake in Northwest Natural by 4.1% during the fourth quarter. Sei Investments Co.
now owns 26,312 shares of the utilities provider’s stock valued at $1,041,000 after buying an additional 1,027 shares in the last quarter. Finally, Virtu Financial LLC acquired a new position in shares of Northwest Natural in the fourth quarter worth about $204,000. Institutional investors own 75.
13% of the company’s stock. Insider Buying and SellingIn 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 shares were sold at an average price of $42.46, for a total transaction of $92,690.18.
Following the completion of the transaction, the vice president now owns 255 shares in the company, valued at $10,827.30. This trade represents a 89.
54 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO David Hugo Anderson sold 7,500 shares of the stock in a transaction that occurred on Thursday, February 20th.
The stock was sold at an average price of $40.97, for a total value of $307,275.00.
Following the completion of the transaction, the chief executive officer now directly owns 130,242 shares of the company’s stock, valued at approximately $5,336,014.74. The trade was a 5.
44 % 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 $1,042,268.
Company insiders own 0.84% of the company’s stock. Northwest Natural Stock Down 5.
3 %NYSE:NWN opened at $41.08 on Friday. The business’s fifty day moving average price is $41.
30 and its 200 day moving average price is $40.78. 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 1-year low of $34.82 and a 1-year high of $44.25.
The firm has a market capitalization of $1.65 billion, a price-to-earnings ratio of 19.38 and a beta of 0.
59. Northwest Natural (NYSE:NWN – Get Free Report) last issued its earnings results 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 during 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%.
The business’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same quarter last year, the firm earned $1.
21 EPS. On average, sell-side analysts forecast that Northwest Natural Holding will post 2.33 earnings per share for the current fiscal year.
Northwest Natural Announces DividendThe business also recently announced a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, January 31st were issued a dividend of $0.49 per share.
The ex-dividend date was Friday, January 31st. This represents a $1.96 annualized dividend and a yield of 4.
77%. Northwest Natural’s dividend payout ratio (DPR) is currently 96.55%.
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.Featured StoriesFive stocks we like better than Northwest NaturalWith Risk Tolerance, One Size Does Not Fit AllConagra Stock Could Thrive as Tariffs Hit Other SectorsStock Splits, Do They Really Impact Investors?Grocery Costs and Tariffs Now Top of Mind in Everyday Conversations, New Survey FindsWhat is the Euro STOXX 50 Index?Spotify Stock Eyes Double-Digit Upside—Is Now the Time to Buy?Want to see what other hedge funds are holding NWN? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Northwest Natural Holding (NYSE:NWN – Free Report)..
