Guardian Wealth Management Inc. Has $344,000 Holdings in Northwest Natural Holding (NYSE:NWN)

Guardian Wealth Management Inc. lowered its position in shares of Northwest Natural Holding (NYSE:NWN) by 29.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 8,688 shares of the utilities provider’s stock after selling 3,713 shares during the period. Guardian Wealth Management Inc.’s holdings in Northwest Natural were worth $344,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. raised its holdings in Northwest Natural by 47.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 384,324 shares of the utilities provider’s stock valued at $15,688,000 after buying an additional 123,961 shares during the last quarter. Norges Bank acquired a new stake in Northwest Natural in the fourth quarter valued at $4,392,000. Barclays PLC increased its stake in shares of Northwest Natural by 351.9% in the third quarter. Barclays PLC now owns 63,703 shares of the utilities provider’s stock valued at $2,601,000 after buying an additional 49,606 shares during the period. Thompson Siegel & Walmsley LLC raised its holdings in Northwest Natural by 16.1% during the 4th quarter. Thompson Siegel & Walmsley LLC now owns 348,400 shares of the utilities provider’s stock worth $13,783,000 after purchasing an additional 48,301 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of Northwest Natural by 8.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 615,126 shares of the utilities provider’s stock worth $24,334,000 after purchasing an additional 46,135 shares during the period. 75.13% of the stock is currently owned by institutional investors.

Northwest Natural Trading Down 1.2 %

NWN opened at $43.58 on Thursday. The stock has a market cap of $1.76 billion, a PE ratio of 20.56 and a beta of 0.56. 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 twelve month low of $34.82 and a twelve month high of $44.38. The company has a fifty day moving average of $41.73 and a 200-day moving average of $40.95.

Northwest Natural (NYSE:NWN) last announced its 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). The business had revenue of $370.90 million for 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%. The firm’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.21 EPS. On average, sell-side analysts predict that Northwest Natural Holding will post 2.33 EPS for the current year.

Northwest Natural Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Wednesday, April 30th will be issued a dividend of $0.49 per share. The ex-dividend date of this dividend is Wednesday, April 30th. This represents a $1.96 annualized dividend and a dividend yield of 4.50%. Northwest Natural’s dividend payout ratio is 96.55%.

Insider Transactions at Northwest Natural

In related news, VP David A. Weber sold 2,183 shares of Northwest Natural stock in a transaction that occurred on Monday, March 31st. The stock was sold at an average price of $42.46, for a total transaction of $92,690.18. Following the transaction, the vice president now owns 255 shares of the company’s stock, valued at $10,827.30. The trade was a 89.54 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO David Hugo Anderson sold 7,500 shares of the stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $40.97, for a total value of $307,275.00. Following the completion of the sale, the chief executive officer now directly owns 130,242 shares of the company’s stock, valued at $5,336,014.74. The trade was a 5.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 25,192 shares of company stock valued at $1,054,793 over the last ninety days. 0.84% of the stock is owned by company insiders.

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.