Nuance Investments Llc Decreased Northwest Nat Gas Co (NYSE:NWN) Stake By $16.30 Million

August 12, 2018 - By Sheila Pollock

Northwest Natural Gas Company (NYSE:NWN) LogoInvestors sentiment decreased to 1.03 in Q1 2018. Its down 0.29, from 1.32 in 2017Q4. It is negative, as 25 investors sold NWN shares while 53 reduced holdings. 22 funds opened positions while 58 raised stakes. 18.95 million shares or 1.53% more from 18.67 million shares in 2017Q4 were reported. Deutsche State Bank Ag accumulated 0% or 94,283 shares. State Street Corp has invested 0% in Northwest Natural Gas Company (NYSE:NWN). Goldman Sachs owns 114,340 shares. Credit Suisse Ag accumulated 29,171 shares. Profund Advsr Ltd Limited Liability Company has 5,262 shares. State Of Tennessee Treasury Department stated it has 20,574 shares or 0.01% of all its holdings. Td Asset Mngmt Inc reported 8,929 shares stake. The Arizona-based Arizona State Retirement has invested 0.03% in Northwest Natural Gas Company (NYSE:NWN). Magellan Asset Mngmt Limited holds 22,596 shares. 9,845 are owned by Pnc Fincl Ser Incorporated. Griffin Asset Management owns 40,000 shares or 0.42% of their US portfolio. Tci Wealth Inc holds 374 shares or 0.01% of its portfolio. Robecosam Ag has invested 0.27% in Northwest Natural Gas Company (NYSE:NWN). Dimensional Fund Advsrs L P holds 0.02% of its portfolio in Northwest Natural Gas Company (NYSE:NWN) for 888,223 shares. Citigroup Inc has invested 0% in Northwest Natural Gas Company (NYSE:NWN).

Since February 26, 2018, it had 1 insider buy, and 2 selling transactions for $36,066 activity. GIBSON C SCOTT also sold $90,367 worth of Northwest Natural Gas Company (NYSE:NWN) shares. $107,676 worth of Northwest Natural Gas Company (NYSE:NWN) was bought by Wasson Malia H on Tuesday, February 27.

Nuance Investments Llc decreased its stake in Northwest Nat Gas Co (NYSE:NWN) by 61.99% based on its latest 2018Q2 regulatory filing with the SEC. Nuance Investments Llc sold 258,663 shares as the company’s stock rose 10.15% while stock markets declined. The institutional investor held 158,574 shares of the oil and gas transmission company at the end of 2018Q2, valued at $10.12M, down from 417,237 at the end of the previous reported quarter. Nuance Investments Llc who had been investing in Northwest Nat Gas Co for a number of months, seems to be less bullish one the $1.83B market cap company. The stock decreased 0.16% or $0.1 during the last trading session, reaching $63.5. About 137,856 shares traded or 0.68% up from the average. Northwest Natural Gas Company (NYSE:NWN) has declined 3.27% since August 13, 2017 and is downtrending. It has underperformed by 15.84% the S&P500.

Nuance Investments Llc is a Kansas-based institutional investor with more than $507.52 million AUM in January, 2015. Taken from Nuance Investments latest Adv, the fund reported to have 8 full and part-time employees. Among which 3 performing investment advisory and research functions. The institutional investor had more than 400 clients.

Northwest Natural Gas Company (NYSE:NWN) Ratings Coverage

Among 2 analysts covering Northwest Natural (NYSE:NWN), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Northwest Natural had 3 analyst reports since February 26, 2018 according to SRatingsIntel. Wells Fargo maintained the stock with “Underperform” rating in Monday, February 26 report. Wells Fargo upgraded the shares of NWN in report on Monday, March 5 to “Market Perform” rating. The rating was upgraded by Hilliard Lyons on Tuesday, February 27 to “Hold”.

Northwest Natural Gas Company engages in gas distribution and storage businesses in the United States. The company has market cap of $1.83 billion. It 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.

More news for Northwest Natural Gas Company (NYSE:NWN) were recently published by: Nasdaq.com, which released: “Mid-Morning Market Update: Markets Open Lower; Trade Desk Earnings Top Expectations” on August 10, 2018. Globenewswire.com‘s article titled: “Charles A. Wilhoite Joins NW Natural Board of Directors” and published on July 27, 2018 is yet another important article.

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

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