2 weeks Ago By ABMN Staff
Cerity Partners LLC decreased its stake in shares of Northwest Natural Holding ( NYSE:NWN – Free Report ) by 12.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,533 shares of the utilities provider’s stock after selling 814 shares during the period.
Cerity Partners LLC’s holdings in Northwest Natural were worth $221,000 at the end of the most recent quarter. A number of other hedge funds have also recently added to or reduced their stakes in NWN. Capital Advisors Ltd.
LLC lifted its position in shares of 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 Northwest Natural during the 3rd quarter worth $61,000. KBC Group NV boosted its position in Northwest Natural by 74.
1% in 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 during the last quarter. Steward Partners Investment Advisory LLC increased its stake in shares of 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 buying an additional 345 shares during the period. Finally, Spirit of America Management Corp NY raised its position in shares of Northwest Natural by 78.
9% during the fourth 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 during the last quarter. Institutional investors own 75.
13% of the company’s stock. Insider Activity at Northwest Natural In other news, VP David A. Weber sold 2,183 shares of the business’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 owns 255 shares of the company’s stock, valued at $10,827.30. The trade was a 89.
54 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink . Also, CEO David Hugo Anderson sold 7,500 shares of the firm’s stock in a transaction on Monday, March 24th.
The stock was sold at an average price of $41.46, for a total value of $310,950.00.
Following the sale, the chief executive officer now directly owns 117,382 shares in the company, valued at $4,866,657.72. The trade was a 6.
01 % decrease in their position. The disclosure for this sale can be found here . Over the last quarter, insiders sold 25,192 shares of company stock worth $1,054,793.
0.84% of the stock is owned by insiders. Northwest Natural Price Performance Northwest Natural ( NYSE:NWN – Get Free Report ) last issued its quarterly earnings results on Friday, February 28th.
The utilities provider reported $1.41 EPS 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 business had revenue of $370.90 million for the quarter, compared to analyst estimates of $395.
05 million. During the same quarter in the prior year, the firm earned $1.21 EPS.
The firm’s quarterly revenue was up 4.3% compared to the same quarter last year. As a group, research analysts anticipate that Northwest Natural Holding will post 2.
33 earnings per share for the current year. Northwest Natural Announces Dividend The business also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Wednesday, April 30th will be given a $0.
49 dividend. The ex-dividend date of this dividend is Wednesday, April 30th. This represents a $1.
96 annualized dividend and a dividend yield of 4.46%. Northwest Natural’s dividend payout ratio 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.
Further Reading 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 ). 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.
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