Northwest Natural Gas Co’s (NYSE:NWN) Sentiment is 1.32

May 17, 2018 - By Stephen Andrade

Northwest Natural Gas Company (NYSE:NWN) Logo

Sentiment for Northwest Natural Gas Co (NYSE:NWN)

Northwest Natural Gas Co (NYSE:NWN) institutional sentiment increased to 1.32 in 2017 Q4. Its up 0.25, from 1.07 in 2017Q3. The ratio is positive, as 87 institutional investors increased and opened new positions, while 66 decreased and sold their holdings in Northwest Natural Gas Co. The institutional investors in our partner’s database now hold: 18.67 million shares, up from 18.19 million shares in 2017Q3. Also, the number of institutional investors holding Northwest Natural Gas Co in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 15 Reduced: 51 Increased: 57 New Position: 30.

Northwest Natural Gas Company stores and distributes natural gas in the United States. The company has market cap of $1.69 billion. The firm operates in two divisions, Local Gas Distribution and Gas Storage. It currently has negative earnings. 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.

The stock decreased 0.76% or $0.45 during the last trading session, reaching $58.55. About 84,203 shares traded. Northwest Natural Gas Company (NYSE:NWN) has declined 5.40% since May 17, 2017 and is downtrending. It has underperformed by 16.95% the S&P500.

Analysts await Northwest Natural Gas Company (NYSE:NWN) to report earnings on August, 1. They expect $0.08 earnings per share, down 20.00 % or $0.02 from last year’s $0.1 per share. NWN’s profit will be $2.30 million for 182.97 P/E if the $0.08 EPS becomes a reality. After $1.44 actual earnings per share reported by Northwest Natural Gas Company for the previous quarter, Wall Street now forecasts -94.44 % negative EPS growth.

Clear Harbor Asset Management Llc holds 1% of its portfolio in Northwest Natural Gas Company for 88,705 shares. Duff & Phelps Investment Management Co owns 800,000 shares or 0.68% of their US portfolio. Moreover, Old Republic International Corp has 0.63% invested in the company for 332,000 shares. The New York-based Lucus Advisors Llc has invested 0.49% in the stock. Robecosam Ag, a Switzerland-based fund reported 110,000 shares.

Since January 1, 0001, it had 1 buy, and 3 selling transactions for $94,137 activity.

Northwest Natural Gas Company (NYSE:NWN) Ratings Coverage

Ratings analysis reveals 0 of Northwest Gas’s analysts are positive. Out of 5 Wall Street analysts rating Northwest Gas, 0 give it “Buy”, 1 “Sell” rating, while 4 recommend “Hold”. The lowest target is $52 while the high is $63. The stock’s average target of $58.33 is -0.38% below today’s ($58.55) share price. NWN was included in 8 notes of analysts from December 18, 2017. Sidoti downgraded it to “Hold” rating and $63.0 target in Monday, January 8 report. The stock of Northwest Natural Gas Company (NYSE:NWN) has “Sell” rating given on Monday, December 18 by Wells Fargo. The stock of Northwest Natural Gas Company (NYSE:NWN) has “Sell” rating given on Tuesday, January 2 by Guggenheim. The firm earned “Market Perform” rating on Monday, March 5 by Wells Fargo. Wells Fargo maintained the stock with “Underperform” rating in Monday, February 26 report. The firm earned “Hold” rating on Tuesday, February 27 by Hilliard Lyons. The firm earned “Hold” rating on Thursday, February 1 by RBC Capital Markets.

Another recent and important Northwest Natural Gas Company (NYSE:NWN) news was published by Seekingalpha.com which published an article titled: “Northwest Natural Gas’s (NWN) CEO David Anderson on Q1 2018 Results – Earnings Call Transcript” on May 13, 2018.

Northwest Natural Gas Company (NYSE:NWN) Institutional Positions Chart

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