Northwest Natural Holding (NYSE:NWN) Shares Bought by Capital Advisors Ltd. LLC

Capital Advisors Ltd. LLC raised its position in Northwest Natural Holding (NYSE:NWN) by 11,111.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,009 shares of the utilities provider’s stock after acquiring an additional 1,000 shares during the period. Capital Advisors Ltd. LLC’s holdings in Northwest Natural were worth $40,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Thompson Siegel & Walmsley LLC acquired a new stake in shares of Northwest Natural during the third quarter worth $12,250,000. Glenmede Trust Co. NA acquired a new stake in shares of Northwest Natural during the third quarter worth $7,390,000. Foundry Partners LLC acquired a new stake in shares of Northwest Natural during the third quarter worth $5,068,000. JPMorgan Chase & Co. lifted its stake in shares of Northwest Natural by 47.6% during the third quarter. JPMorgan Chase & Co. now owns 384,324 shares of the utilities provider’s stock worth $15,688,000 after buying an additional 123,961 shares during the period. Finally, Advisors Asset Management Inc. lifted its stake in shares of Northwest Natural by 143.4% during the third quarter. Advisors Asset Management Inc. now owns 104,114 shares of the utilities provider’s stock worth $4,250,000 after buying an additional 61,345 shares during the period. 75.13% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CEO David Hugo Anderson sold 7,500 shares of the firm’s stock in a transaction on Friday, December 20th. The shares were sold at an average price of $39.78, for a total transaction of $298,350.00. Following the completion of the transaction, the chief executive officer now owns 144,298 shares of the company’s stock, valued at $5,740,174.44. This trade represents a 4.94 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders sold a total of 22,500 shares of company stock valued at $915,600 over the last 90 days. Insiders own 0.84% of the company’s stock.

Northwest Natural Trading Up 0.3 %

NYSE:NWN opened at $41.55 on Tuesday. The company has a current ratio of 0.72, a quick ratio of 0.53 and a debt-to-equity ratio of 1.15. The firm has a fifty day simple moving average of $40.01 and a 200-day simple moving average of $40.28. Northwest Natural Holding has a 12 month low of $34.82 and a 12 month high of $44.25. The company has a market capitalization of $1.67 billion, a P/E ratio of 19.60 and a beta of 0.62.

Northwest Natural Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Friday, January 31st were issued a dividend of $0.49 per share. The ex-dividend date of this dividend was Friday, January 31st. This represents a $1.96 annualized dividend and a dividend yield of 4.72%. Northwest Natural’s dividend payout ratio (DPR) is presently 92.45%.

Analyst Ratings Changes

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

Northwest Natural 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.