Northwest Natural Holding (NYSE:NWN) Shares Purchased by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. raised its stake in Northwest Natural Holding (NYSE:NWN - Free Report) by 8.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 615,126 shares of the utilities provider's stock after acquiring an additional 46,135 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 1.53% of Northwest Natural worth $24,334,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Steward Partners Investment Advisory LLC increased its position in shares of Northwest Natural by 13.5% in the fourth 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 in the last quarter. SBI Securities Co. Ltd. purchased a new stake in shares of Northwest Natural in the fourth quarter valued at approximately $156,000. Mutual of America Capital Management LLC increased its position in shares of Northwest Natural by 4.5% in the fourth quarter. Mutual of America Capital Management LLC now owns 6,079 shares of the utilities provider's stock valued at $240,000 after buying an additional 263 shares in the last quarter. Proficio Capital Partners LLC purchased a new stake in shares of Northwest Natural in the fourth quarter valued at approximately $635,000. Finally, Oregon Public Employees Retirement Fund increased its position in shares of Northwest Natural by 4.4% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 9,475 shares of the utilities provider's stock valued at $375,000 after buying an additional 400 shares in the last quarter. 75.13% of the stock is owned by institutional investors and hedge funds.

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Insider Buying and Selling at Northwest Natural

In other 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 document filed with the SEC, which is available at this hyperlink. Insiders sold a total of 15,509 shares of company stock worth $638,628 in the last three months. 0.84% of the stock is owned by corporate insiders.

Northwest Natural Price Performance

Shares of Northwest Natural stock traded down $0.57 on Friday, reaching $41.28. The company's stock had a trading volume of 712,959 shares, compared to its average volume of 223,655. The company has a quick ratio of 0.53, a current ratio of 0.72 and a debt-to-equity ratio of 1.15. Northwest Natural Holding has a 52-week low of $34.82 and a 52-week high of $44.25. The company has a market capitalization of $1.66 billion, a P/E ratio of 19.47 and a beta of 0.59. The stock has a 50-day moving average price of $40.86 and a 200-day moving average price of $40.60.

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 firm 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 firm posted $1.21 earnings per share. The firm's revenue for the quarter was up 4.3% compared to the same quarter last year. Analysts expect that Northwest Natural Holding will post 2.33 EPS for the current year.

Northwest Natural Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, January 31st were issued a $0.49 dividend. This represents a $1.96 annualized dividend and a yield of 4.75%. The ex-dividend date of this dividend was Friday, January 31st. Northwest Natural's payout ratio is currently 96.55%.

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.