Northwest Natural Holding Co (NWN) Insider Sells $256,000.00 in Stock

Northwest Natural Holding Co (NYSE:NWN) insider Kimberly A. Heiting sold 4,000 shares of Northwest Natural stock in a transaction that occurred on Friday, March 8th. The shares were sold at an average price of $64.00, for a total value of $256,000.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

NYSE NWN opened at $63.97 on Friday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.49 and a current ratio of 0.58. Northwest Natural Holding Co has a twelve month low of $55.35 and a twelve month high of $71.81. The company has a market cap of $1.86 billion, a P/E ratio of 27.45, a PEG ratio of 6.54 and a beta of 0.40.

The business also recently announced a quarterly dividend, which was paid on Friday, February 15th. Shareholders of record on Thursday, January 31st were issued a $0.475 dividend. This represents a $1.90 annualized dividend and a yield of 2.97%. The ex-dividend date of this dividend was Wednesday, January 30th. Northwest Natural’s dividend payout ratio (DPR) is 81.55%.



A number of institutional investors have recently added to or reduced their stakes in the business. Piedmont Investment Advisors Inc. boosted its holdings in Northwest Natural by 3.4% in the fourth quarter. Piedmont Investment Advisors Inc. now owns 6,861 shares of the utilities provider’s stock worth $415,000 after acquiring an additional 228 shares in the last quarter. Thrivent Financial for Lutherans boosted its holdings in Northwest Natural by 2.2% in the fourth quarter. Thrivent Financial for Lutherans now owns 20,595 shares of the utilities provider’s stock worth $1,245,000 after acquiring an additional 452 shares in the last quarter. Teachers Advisors LLC boosted its holdings in Northwest Natural by 0.8% in the third quarter. Teachers Advisors LLC now owns 62,908 shares of the utilities provider’s stock worth $4,209,000 after acquiring an additional 515 shares in the last quarter. Confluence Investment Management LLC boosted its holdings in Northwest Natural by 0.6% in the fourth quarter. Confluence Investment Management LLC now owns 90,093 shares of the utilities provider’s stock worth $5,447,000 after acquiring an additional 549 shares in the last quarter. Finally, Nisa Investment Advisors LLC boosted its holdings in Northwest Natural by 8.8% in the fourth quarter. Nisa Investment Advisors LLC now owns 8,700 shares of the utilities provider’s stock worth $526,000 after acquiring an additional 700 shares in the last quarter. 67.47% of the stock is currently owned by institutional investors and hedge funds.

Several research firms recently weighed in on NWN. Zacks Investment Research lowered Northwest Natural from a “hold” rating to a “sell” rating in a research report on Saturday, November 17th. TheStreet upgraded Northwest Natural from a “c” rating to a “b-” rating in a research report on Friday, March 1st. Finally, Wells Fargo & Co lifted their price target on Northwest Natural from $65.00 to $67.00 and gave the company a “market perform” rating in a research report on Monday, March 4th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and two have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $64.00.

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Northwest Natural Company Profile

Northwest Natural Holding Company, through its subsidiary, Northwest Natural Gas Company, provides regulated natural gas distribution services to residential, commercial, and industrial customers in Oregon and Southwest Washington. It is also involved in the gas storage activities, water businesses, and other investments and activities.

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Insider Buying and Selling by Quarter for Northwest Natural (NYSE:NWN)

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