FreeGulliver LLC Lowers Stake in National Fuel Gas (NYSE:NFG)

FreeGulliver LLC trimmed its stake in National Fuel Gas (NYSE:NFG - Free Report) by 50.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,800 shares of the oil and gas producer's stock after selling 3,811 shares during the quarter. FreeGulliver LLC's holdings in National Fuel Gas were worth $231,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of NFG. UMB Bank n.a. raised its holdings in National Fuel Gas by 82.9% in the 4th quarter. UMB Bank n.a. now owns 481 shares of the oil and gas producer's stock worth $29,000 after acquiring an additional 218 shares during the last quarter. V Square Quantitative Management LLC lifted its holdings in shares of National Fuel Gas by 49.5% during the fourth quarter. V Square Quantitative Management LLC now owns 722 shares of the oil and gas producer's stock valued at $44,000 after purchasing an additional 239 shares in the last quarter. Geneos Wealth Management Inc. lifted its holdings in shares of National Fuel Gas by 5.0% during the fourth quarter. Geneos Wealth Management Inc. now owns 5,906 shares of the oil and gas producer's stock valued at $358,000 after purchasing an additional 280 shares in the last quarter. GAMMA Investing LLC boosted its position in shares of National Fuel Gas by 42.7% during the fourth quarter. GAMMA Investing LLC now owns 993 shares of the oil and gas producer's stock valued at $60,000 after buying an additional 297 shares during the last quarter. Finally, Hancock Whitney Corp increased its holdings in National Fuel Gas by 1.4% in the 3rd quarter. Hancock Whitney Corp now owns 21,363 shares of the oil and gas producer's stock worth $1,295,000 after buying an additional 303 shares in the last quarter. 73.96% of the stock is owned by hedge funds and other institutional investors.

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Analysts Set New Price Targets

NFG has been the topic of a number of recent analyst reports. StockNews.com raised shares of National Fuel Gas from a "sell" rating to a "hold" rating in a report on Tuesday, February 4th. JPMorgan Chase & Co. increased their price objective on shares of National Fuel Gas from $77.00 to $81.00 and gave the company a "neutral" rating in a research report on Thursday, March 13th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, National Fuel Gas currently has a consensus rating of "Hold" and a consensus target price of $74.67.

National Fuel Gas Stock Performance

NFG stock traded down $0.83 during trading on Friday, reaching $78.18. The stock had a trading volume of 1,464,520 shares, compared to its average volume of 510,913. The firm has a market cap of $7.08 billion, a PE ratio of -558.41 and a beta of 0.57. The company has a current ratio of 0.39, a quick ratio of 0.33 and a debt-to-equity ratio of 0.80. The stock's 50 day moving average is $72.27 and its two-hundred day moving average is $65.00. National Fuel Gas has a 52 week low of $51.46 and a 52 week high of $79.35.

National Fuel Gas (NYSE:NFG - Get Free Report) last issued its quarterly earnings data on Wednesday, January 29th. The oil and gas producer reported $1.66 earnings per share for the quarter, topping the consensus estimate of $1.44 by $0.22. National Fuel Gas had a negative net margin of 0.53% and a positive return on equity of 15.96%. During the same period in the previous year, the firm posted $1.46 EPS. As a group, equities analysts anticipate that National Fuel Gas will post 6.64 earnings per share for the current year.

National Fuel Gas Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be paid a $0.515 dividend. The ex-dividend date is Monday, March 31st. This represents a $2.06 annualized dividend and a dividend yield of 2.63%. National Fuel Gas's dividend payout ratio (DPR) is -1,471.43%.

National Fuel Gas Company Profile

National Fuel Gas Company operates as a diversified energy company. It operates through four segments: Exploration and Production, Pipeline and Storage, Gathering, and Utility. The Exploration and Production segment explores for, develops, and produces natural gas and oil. The Pipeline and Storage segment provides interstate natural gas transportation services through an integrated gas pipeline system in Pennsylvania and New York; and owns and operates underground natural gas storage fields.