Barclays PLC Sells 419,689 Shares of BW LPG Limited (NYSE:BWLP)

Barclays PLC reduced its stake in shares of BW LPG Limited (NYSE:BWLP - Free Report) by 22.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,459,168 shares of the company's stock after selling 419,689 shares during the quarter. Barclays PLC owned approximately 1.11% of BW LPG worth $21,011,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in BWLP. Public Employees Retirement System of Ohio acquired a new stake in BW LPG during the third quarter valued at $476,000. XTX Topco Ltd increased its position in BW LPG by 75.1% in the 3rd quarter. XTX Topco Ltd now owns 25,671 shares of the company's stock worth $370,000 after purchasing an additional 11,013 shares during the last quarter. Jane Street Group LLC purchased a new stake in shares of BW LPG during the 3rd quarter worth about $305,000. HighTower Advisors LLC acquired a new stake in shares of BW LPG during the 3rd quarter valued at about $219,000. Finally, Centiva Capital LP bought a new stake in shares of BW LPG in the 3rd quarter valued at approximately $183,000.

BW LPG Stock Down 0.7 %

NYSE:BWLP traded down $0.08 during mid-day trading on Friday, reaching $10.89. The stock had a trading volume of 526,439 shares, compared to its average volume of 206,878. The company has a current ratio of 1.34, a quick ratio of 1.16 and a debt-to-equity ratio of 0.15. The business's 50 day moving average is $13.16 and its 200 day moving average is $15.33. BW LPG Limited has a fifty-two week low of $10.32 and a fifty-two week high of $22.31.

BW LPG Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Thursday, December 12th will be issued a dividend of $0.42 per share. The ex-dividend date is Thursday, December 12th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 15.43%.

BW LPG Company Profile

BW LPG Limited, an investment holding company, engages in ship owning and chartering activities worldwide. The company operates through Shipping and Product Services segments. The company involved in the transportation of liquefied petroleum gas to oil companies, and trading and utility companies. It also offers integrated liquified petroleum gas (LPG) delivery services and support; wholesale and trade of LPG; and management services.