Northwest Natural Holding (NYSE:NWN) Shares Bought by Foundry Partners LLC

Foundry Partners LLC boosted its holdings in shares of Northwest Natural Holding (NYSE:NWN - Free Report) by 23.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 153,459 shares of the utilities provider's stock after buying an additional 29,297 shares during the quarter. Foundry Partners LLC owned approximately 0.38% of Northwest Natural worth $6,071,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Capital Advisors Ltd. LLC lifted its position in Northwest Natural by 11,111.1% during the fourth quarter. Capital Advisors Ltd. LLC now owns 1,009 shares of the utilities provider's stock valued at $40,000 after purchasing an additional 1,000 shares in the last quarter. LRI Investments LLC increased its holdings in Northwest Natural by 692.4% in 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 bought a new stake in shares of Northwest Natural during the 3rd quarter valued at $61,000. Point72 DIFC Ltd purchased a new position in shares of Northwest Natural during the 3rd quarter valued at $78,000. Finally, KBC Group NV boosted its holdings in Northwest Natural by 74.1% in the 4th quarter. KBC Group NV now owns 2,054 shares of the utilities provider's stock worth $81,000 after buying an additional 874 shares during the period. Hedge funds and other institutional investors own 75.13% of the company's stock.

Northwest Natural Price Performance

NWN traded down $1.12 on Wednesday, hitting $39.22. 59,162 shares of the company's stock traded hands, compared to its average volume of 236,469. The firm has a market cap of $1.58 billion, a price-to-earnings ratio of 18.44 and a beta of 0.56. The company has a current ratio of 0.72, a quick ratio of 0.53 and a debt-to-equity ratio of 1.15. Northwest Natural Holding has a one year low of $34.82 and a one year high of $44.25. The company's 50 day simple moving average is $41.29 and its 200-day simple moving average is $40.78.

Northwest Natural (NYSE:NWN - Get Free Report) last posted its quarterly earnings data on Friday, February 28th. The utilities provider reported $1.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.42 by ($0.01). The company had revenue of $370.90 million during the quarter, compared to the consensus estimate of $395.05 million. Northwest Natural had a net margin of 6.90% and a return on equity of 5.89%. Northwest Natural's revenue for the quarter was up 4.3% on a year-over-year basis. During the same period in the previous year, the business earned $1.21 earnings per share. As a group, research analysts anticipate that Northwest Natural Holding will post 2.33 EPS for the current year.

Northwest Natural Dividend Announcement

The company 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 dividend yield of 5.00%. The ex-dividend date was Friday, January 31st. Northwest Natural's dividend payout ratio is 96.55%.

Insider Activity

In other Northwest Natural news, CEO David Hugo Anderson sold 7,500 shares of Northwest Natural stock in a transaction dated 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 in the company, valued at $5,692,876.86. The trade was a 5.16 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP David A. Weber sold 2,183 shares of the company's stock in a transaction dated Monday, March 31st. The shares were sold at an average price of $42.46, for a total value of $92,690.18. Following the transaction, the vice president now directly owns 255 shares in the company, valued at $10,827.30. This represents a 89.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 25,192 shares of company stock worth $1,042,268. Company insiders own 0.84% of the company's stock.

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.