They now have a Dollars 42.8 price target on the stock. The stock saw a fall in short interest between August 15, 2017 and August 31, 2017 of -11.39%. The days to cover decreased to 9.0 and the percentage of shorted shares is 0.04% as of August 31.
Stocks of Northwest Natural Gas Company (NYSE NWN) declined 0.45% throughout intraday market trading on early Tue, reaching $65.85. Lori L. Russell, VP, Utility Services let go of $133,860 worth of shares at an average price of $66.93 on September 5th. That brings the VP, Utility Services's holdings to $101,195 as recorded in a recent Form 4 SEC filing. Pres. & CEO David Hugo Anderson disclosed the sale of 8,000 shares of (NWN). As of the end of the quarter Ubs Group Ag had sold 43 shares trimming its holdings by 4.9%. Following the transaction, the chief executive officer now owns 71,484 shares of the company's stock, valued at approximately $4,787,283.48.
Grant M. Yoshihara, Sr. VP, Utility Operations sold $132,060 worth of shares at an average price of $66.03 on Wednesday the 30th.
Additionally, here are a few investment firms who have increased or decreased their stake in (NWN).
Chicago Capital Management, LLC augmented its position by buying 32,632 shares an increase of 23.3% from 03/31/2017 to 06/30/2017. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,329 shares of the utilities provider's stock worth $157,000 after acquiring an additional 982 shares in the last quarter. Consistent negative value suggests momentum is decreasing while a positive trend suggests increasing momentum. The value of the investment in (NWN) decreased from $735,000 to $730,000 a change of 0.7% quarter to quarter. Tower Research Capital LLC (trc) divested its position by shedding 201 shares a decrease of 81.4%. Kassirer Asset Management Corp controls 30,904 shares worth $942,000. The total value of its holdings increased 1.6%.
The company is unchanged by 0.00%% since yesterday's close of 30.69. Additionally the company recently declared a dividend for shareholders that was paid on Tuesday the 15th of August 2017. The dividend payment was $0.470 per share for the quarter or $1.88 on an annualized basis. This dividend amount represented a yield of $2.44. The ex-dividend date was set for Thursday the 27th of July 2017.
Traders are feeling more bearish on shares of the company of late at least if you consider the rise in short interest. The 50 day SMA of the stock is of $65.67 and a two hundred SMA of $61.64. The stock has a market cap of $1.87 billion, a P/E ratio of 29.17 and a beta of 0.42. The utilities provider reported $0.10 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.06 by $0.04. Analysts expect next quarter's EPS to be $0.99 and the next full year EPS is projected to be $2.30. Bank of New York Mellon Corp boosted its holdings in Northwest Natural Gas by 2.8% during the first quarter. The Business's segments include Local Gas Distribution, Gas Storage and other. Its distribution and transmission systems are located in central and southeastern Kentucky, and it owns and operates an underground natural gas storage field in southeastern Kentucky. The local gas distribution business, referred to as the utility segment, serves residential, commercial, and industrial customers in OR and southwest Washington, and the gas storage business, referred to as the gas storage segment, provides storage services for utilities, gas marketers, electric generators and industrial users from storage facilities located in OR and California. The Company serves residential, commercial and industrial, transportation and wholesale and public authority customers.