3,938 Shares in Northwest Natural Holding (NYSE:NWN) Acquired by SBI Securities Co. Ltd.

SBI Securities Co. Ltd. purchased a new position in Northwest Natural Holding (NYSE:NWN) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 3,938 shares of the utilities provider’s stock, valued at approximately $156,000.

Other large investors also recently added to or reduced their stakes in the company. Capital Performance Advisors LLP purchased a new stake in shares of Northwest Natural during the 3rd quarter worth approximately $34,000. Capital Advisors Ltd. LLC raised its holdings in shares of 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 worth $40,000 after acquiring an additional 1,000 shares in the last quarter. LRI Investments LLC raised its holdings in shares of Northwest Natural by 692.4% during the 3rd quarter. LRI Investments LLC now owns 1,046 shares of the utilities provider’s stock worth $43,000 after acquiring an additional 914 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of Northwest Natural during the 3rd quarter worth approximately $61,000. Finally, Point72 DIFC Ltd purchased a new stake in shares of Northwest Natural during the 3rd quarter worth approximately $78,000. 75.13% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, Stifel Nicolaus decreased their price objective on Northwest Natural from $45.00 to $44.00 and set a “buy” rating on the stock in a report on Thursday, November 14th.

Northwest Natural Stock Performance

NYSE:NWN opened at $41.95 on Friday. The stock’s fifty day moving average is $40.37 and its 200 day moving average is $40.49. Northwest Natural Holding has a fifty-two week low of $34.82 and a fifty-two week high of $44.25. The firm has a market capitalization of $1.69 billion, a PE ratio of 19.79 and a beta of 0.59. 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 (NYSE:NWN) last released its quarterly 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 company had revenue of $370.90 million for the quarter, compared to analysts’ expectations of $395.05 million. During the same quarter in the previous year, the company posted $1.21 EPS. The business’s quarterly revenue was up 4.3% on a year-over-year basis. On average, sell-side analysts anticipate that Northwest Natural Holding will post 2.33 earnings per share for the current year.

Northwest Natural Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, January 31st were given a $0.49 dividend. This represents a $1.96 annualized dividend and a yield of 4.67%. The ex-dividend date of this dividend was Friday, January 31st. Northwest Natural’s dividend payout ratio (DPR) is presently 96.55%.

Insider Buying and Selling at Northwest Natural

In other Northwest Natural news, CEO David Hugo Anderson sold 7,500 shares of the company’s stock in a transaction on Tuesday, January 21st. The stock was sold at an average price of $41.33, for a total value of $309,975.00. Following the transaction, the chief executive officer now owns 137,742 shares of the company’s stock, valued at $5,692,876.86. This represents a 5.16 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders have sold 23,009 shares of company stock valued at $936,978 in the last quarter. 0.84% of the stock is owned by insiders.

About Northwest Natural

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.