David Hugo Anderson Sells 509 Shares of Northwest Natural Holding (NYSE:NWN) Stock

Northwest Natural Holding (NYSE:NWN) CEO David Hugo Anderson sold 509 shares of Northwest Natural stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $42.00, for a total transaction of $21,378.00. Following the completion of the transaction, the chief executive officer now directly owns 129,733 shares in the company, valued at approximately $5,448,786. This represents a 0.39 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

David Hugo Anderson also recently made the following trade(s):

• On Thursday, February 20th, David Hugo Anderson sold 7,500 shares of Northwest Natural stock. The stock was sold at an average price of $40.97, for a total transaction of $307,275.00.
• On Tuesday, January 21st, David Hugo Anderson sold 7,500 shares of Northwest Natural stock. The stock was sold at an average price of $41.33, for a total transaction of $309,975.00.
• On Friday, December 20th, David Hugo Anderson sold 7,500 shares of Northwest Natural stock. The stock was sold at an average price of $39.78, for a total transaction of $298,350.00.

Northwest Natural Stock Up 0.0 %

Shares of NYSE:NWN opened at $41.74 on Thursday. Northwest Natural Holding has a 52 week low of $34.82 and a 52 week high of $44.25. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.53 and a current ratio of 0.72. The company’s fifty day moving average is $40.08 and its 200-day moving average is $40.34. The company has a market capitalization of $1.68 billion, a PE ratio of 19.69 and a beta of 0.62.

Northwest Natural Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Friday, January 31st were issued a $0.49 dividend. The ex-dividend date of this dividend was Friday, January 31st. This represents a $1.96 dividend on an annualized basis and a dividend yield of 4.70%. Northwest Natural’s dividend payout ratio is 92.45%.

Analysts Set New Price Targets

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

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Northwest Natural by 5.2% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 139,823 shares of the utilities provider’s stock valued at $5,531,000 after buying an additional 6,870 shares during the last quarter. Tidal Investments LLC raised its holdings in shares of Northwest Natural by 18.5% in the fourth quarter. Tidal Investments LLC now owns 17,313 shares of the utilities provider’s stock valued at $685,000 after buying an additional 2,704 shares during the last quarter. ProShare Advisors LLC raised its holdings in shares of Northwest Natural by 4.6% in the fourth quarter. ProShare Advisors LLC now owns 200,265 shares of the utilities provider’s stock valued at $7,922,000 after buying an additional 8,747 shares during the last quarter. Man Group plc raised its holdings in Northwest Natural by 160.5% during the 4th quarter. Man Group plc now owns 16,320 shares of the utilities provider’s stock worth $646,000 after purchasing an additional 10,054 shares during the last quarter. Finally, Nuveen Asset Management LLC lifted its position in Northwest Natural by 238.2% during the 4th quarter. Nuveen Asset Management LLC now owns 376,256 shares of the utilities provider’s stock valued at $14,885,000 after purchasing an additional 265,013 shares during the period. 75.13% of the stock is owned by institutional investors.

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 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.