$0.97 EPS Expected for Northwest Natural Gas Company (NWN)

February 14, 2018 - By Lynda A. Deweese

 $0.97 EPS Expected for Northwest Natural Gas Company (NWN)
Investors sentiment decreased to 1.07 in Q3 2017. Its down 0.07, from 1.14 in 2017Q2. It dropped, as 13 investors sold Northwest Natural Gas Company shares while 58 reduced holdings. 25 funds opened positions while 51 raised stakes. 18.19 million shares or 2.39% more from 17.77 million shares in 2017Q2 were reported.
Los Angeles Cap Mngmt & Equity Research Inc stated it has 0% in Northwest Natural Gas Company (NYSE:NWN). Vista Ptnrs invested in 10,981 shares. Parnassus Investments Ca owns 0.1% invested in Northwest Natural Gas Company (NYSE:NWN) for 397,500 shares. The California-based Hennessy Advsr Inc has invested 0.45% in Northwest Natural Gas Company (NYSE:NWN). The Kentucky-based Teachers Retirement Of The State Of Kentucky has invested 0.01% in Northwest Natural Gas Company (NYSE:NWN). Ferguson Wellman Management invested in 4,221 shares or 0.01% of the stock. Apg Asset Mngmt Nv owns 12,400 shares. Alliancebernstein Lp reported 0% of its portfolio in Northwest Natural Gas Company (NYSE:NWN). First Washington Corp accumulated 0.9% or 28,129 shares. First Republic Management reported 27,419 shares. Northwest Investment Counselors Lc reported 100 shares. Enterprise Financial Serv Corporation stated it has 0% of its portfolio in Northwest Natural Gas Company (NYSE:NWN). Legg Mason Asset (Japan) reported 0.08% stake. Carroll Financial Associates Inc invested in 0.01% or 800 shares. Manufacturers Life Insurance Company The has 0% invested in Northwest Natural Gas Company (NYSE:NWN) for 21,428 shares.

Since August 30, 2017, it had 0 insider purchases, and 5 insider sales for $937,722 activity. Shares for $535,758 were sold by ANDERSON DAVID HUGO. On Wednesday, August 30 the insider Yoshihara Grant M sold $132,050. Shares for $58,071 were sold by DODSON MARK S. $133,854 worth of Northwest Natural Gas Company (NYSE:NWN) shares were sold by Russell Lori L.

Analysts expect Northwest Natural Gas Company (NYSE:NWN) to report $0.97 EPS on February, 26.They anticipate $0.03 EPS change or 3.00 % from last quarter’s $1 EPS. NWN’s profit would be $27.85 million giving it 14.29 P/E if the $0.97 EPS is correct. After having $-0.30 EPS previously, Northwest Natural Gas Company’s analysts see -423.33 % EPS growth. The stock decreased 1.33% or $0.75 during the last trading session, reaching $55.45. About 126,639 shares traded. Northwest Natural Gas Company (NYSE:NWN) has risen 7.71% since February 14, 2017 and is uptrending. It has underperformed by 8.99% the S&P500.

Northwest Natural Gas Company (NYSE:NWN) Ratings Coverage

Among 6 analysts covering Northwest Natural Gas Company (NYSE:NWN), 0 have Buy rating, 4 Sell and 2 Hold. Therefore 0 are positive. Northwest Natural Gas Company had 9 analyst reports since April 25, 2016 according to SRatingsIntel. The rating was downgraded by Wells Fargo to “Sell” on Monday, December 18. Sidoti downgraded Northwest Natural Gas Company (NYSE:NWN) rating on Monday, January 8. Sidoti has “Hold” rating and $63.0 target. Sidoti initiated Northwest Natural Gas Company (NYSE:NWN) on Monday, April 25 with “Buy” rating. The rating was downgraded by Guggenheim to “Sell” on Tuesday, January 2. Wells Fargo initiated Northwest Natural Gas Company (NYSE:NWN) on Wednesday, February 1 with “Market Perform” rating. On Thursday, May 26 the stock rating was downgraded by Hilliard Lyons to “Underperform”. The firm has “Hold” rating by RBC Capital Markets given on Thursday, February 1.

Northwest Natural Gas Company stores and distributes natural gas in the United States. The company has market cap of $1.59 billion. The firm operates in two divisions, Local Gas Distribution and Gas Storage. It has a 25.3 P/E ratio. The Local Gas Distribution segment engages in the purchase, sale, and delivery of natural gas and related services to residential, commercial, and industrial clients in Oregon and southwest Washington.

More notable recent Northwest Natural Gas Company (NYSE:NWN) news were published by: Seekingalpha.com which released: “Portfolio Reset: 2 Utilities Added” on February 12, 2018, also Nasdaq.com with their article: “Northwest Natural Gas Company (NWN) Ex-Dividend Date Scheduled for January 30 …” published on January 29, 2018, Nasdaq.com published: “Northwest Natural Gas Shares Enter Oversold Territory” on December 19, 2017. More interesting news about Northwest Natural Gas Company (NYSE:NWN) were released by: Nasdaq.com and their article: “Northwest Natural Gas Stock Getting Very Oversold” published on January 22, 2018 as well as Seekingalpha.com‘s news article titled: “Northwest Natural Gas’ (NWN) CEO David Anderson on Q2 2017 Results – Earnings …” with publication date: August 06, 2017.

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