Northwest Natural Holding Co (NYSE:NWN)’s share price was up 9% on Tuesday . The company traded as high as $56.45 and last traded at $56.27, approximately 246,600 shares were traded during mid-day trading. A decline of 20% from the average daily volume of 307,333 shares. The stock had previously closed at $51.62.

A number of research analysts recently weighed in on NWN shares. UBS Group decreased their price target on shares of Northwest Natural from $62.00 to $61.00 and set a “sell” rating on the stock in a research note on Tuesday, March 3rd. Wells Fargo & Co lowered shares of Northwest Natural to a “sell” rating in a research note on Tuesday, March 3rd. Two research analysts have rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $70.43.

The stock has a market capitalization of $1.57 billion, a PE ratio of 27.40 and a beta of 0.42. The stock’s 50 day moving average is $69.08 and its two-hundred day moving average is $70.16. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.52 and a current ratio of 0.61.

Northwest Natural (NYSE:NWN) last issued its quarterly earnings results on Monday, March 2nd. The utilities provider reported $1.26 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.22 by $0.04. The firm had revenue of $247.30 million for the quarter, compared to analyst estimates of $248.12 million. Northwest Natural had a net margin of 8.28% and a return on equity of 8.50%. Northwest Natural’s quarterly revenue was up 9.1% compared to the same quarter last year. During the same period last year, the company posted $1.24 EPS. Equities research analysts expect that Northwest Natural Holding Co will post 2.35 EPS for the current fiscal year.

In other news, CEO David Hugo Anderson sold 666 shares of the firm’s stock in a transaction that occurred on Thursday, January 16th. The shares were sold at an average price of $73.52, for a total transaction of $48,964.32. Following the completion of the sale, the chief executive officer now owns 78,105 shares in the company, valued at approximately $5,742,279.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director C Scott Gibson sold 1,796 shares of the firm’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $67.84, for a total transaction of $121,840.64. The disclosure for this sale can be found here. 1.14% of the stock is currently owned by corporate insiders.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Sunbelt Securities Inc. acquired a new stake in shares of Northwest Natural during the 4th quarter worth approximately $3,686,000. Cedar Mountain Advisors LLC acquired a new stake in shares of Northwest Natural during the 4th quarter worth approximately $57,000. Tower Research Capital LLC TRC acquired a new stake in shares of Northwest Natural during the 3rd quarter worth approximately $59,000. Cranbrook Wealth Management LLC acquired a new stake in Northwest Natural in the 4th quarter valued at approximately $70,000. Finally, Orion Portfolio Solutions LLC acquired a new stake in Northwest Natural in the 4th quarter valued at approximately $84,000. Institutional investors and hedge funds own 76.20% of the company’s stock.

About Northwest Natural (NYSE:NWN)

Northwest Natural Holding Company, through its subsidiary, Northwest Natural Gas Company, provides regulated natural gas distribution services to residential, commercial, and industrial customers in Oregon and Southwest Washington. It is also involved in the gas storage activities, water businesses, and other investments and activities.

Recommended Story: Conference Calls

Receive News & Ratings for Northwest Natural Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Northwest Natural and related companies with MarketBeat.com's FREE daily email newsletter.