Wall Street await Northwest Natural Gas Co (NYSE:NWN) to release earnings on February, 26 before the open. Analysts forecast EPS of $1.00, down exactly $0.04 or 3.85% from 2014’s $1.04 EPS. The expected NWN’s profit could reach $27.41M giving the stock 13.14 P/E in case $1.00 earnings per share is reported. After releasing $-0.24 EPS for the previous quarter, Northwest Natural Gas Co’s analysts now forecasts -516.67% EPS growth. The stock increased 0.36% or $0.19 during the last trading session, hitting $52.54. Northwest Natural Gas Co (NYSE:NWN) has risen 22.27% since July 21, 2015 and is uptrending. It has outperformed by 31.21% the S&P500.
The institutional sentiment decreased to 0.91 in Q3 2015. Its down 0.09, from 1 in 2015Q2. The ratio dropped, as 15 funds sold all Northwest Natural Gas Co shares owned while 55 reduced positions. 11 funds bought stakes while 53 increased positions. They now own 14.34 million shares or 11.18% less from 16.14 million shares in 2015Q2.
Acadia Trust Na holds 2.62% of its portfolio in Northwest Natural Gas Co for 158,149 shares. Mengis Capital Management Inc. owns 38,543 shares or 1.65% of their US portfolio. Moreover, Clear Harbor Asset Management Llc has 1.13% invested in the company for 107,872 shares. The California-based Parnassus Investments Ca has invested 0.87% in the stock. Old Republic International Corp, a Illinois-based fund reported 275,500 shares.
Northwest Natural Gas Company is engaged in the distribution of natural gas. The company has a market cap of $1.44 billion. The Firm operates in two business divisions: Local Gas Distribution and Gas Storage. It has 27.37 P/E ratio. The Firm maintains activities in Oregon, Washington and California and conducts businesses through NW Natural and its subsidiaries.
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