Huber Capital Management LLC Makes New Investment in National Fuel Gas (NYSE:NFG)

Huber Capital Management LLC acquired a new stake in National Fuel Gas (NYSE:NFG - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 56,500 shares of the oil and gas producer's stock, valued at approximately $3,428,000. Huber Capital Management LLC owned 0.06% of National Fuel Gas as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Kentucky Trust Co purchased a new stake in shares of National Fuel Gas during the 4th quarter worth approximately $25,000. UMB Bank n.a. increased its position in shares of National Fuel Gas by 82.9% in the fourth quarter. UMB Bank n.a. now owns 481 shares of the oil and gas producer's stock valued at $29,000 after buying an additional 218 shares in the last quarter. S.A. Mason LLC purchased a new stake in shares of National Fuel Gas in the 4th quarter worth about $38,000. V Square Quantitative Management LLC increased its holdings in National Fuel Gas by 49.5% during the 4th quarter. V Square Quantitative Management LLC now owns 722 shares of the oil and gas producer's stock valued at $44,000 after acquiring an additional 239 shares in the last quarter. Finally, Safe Harbor Fiduciary LLC acquired a new position in National Fuel Gas during the third quarter worth about $46,000. Hedge funds and other institutional investors own 73.96% of the company's stock.

Analyst Ratings Changes

A number of research firms recently issued reports on NFG. JPMorgan Chase & Co. upped their target price on National Fuel Gas from $77.00 to $81.00 and gave the company a "neutral" rating in a research note on Thursday, March 13th. StockNews.com raised shares of National Fuel Gas from a "sell" rating to a "hold" rating in a research note on Tuesday, February 4th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, one has given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, National Fuel Gas presently has an average rating of "Hold" and an average target price of $74.67.

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National Fuel Gas Trading Up 0.5 %

Shares of National Fuel Gas stock traded up $0.38 during trading hours on Monday, reaching $73.41. 721,287 shares of the company's stock were exchanged, compared to its average volume of 541,343. National Fuel Gas has a 52-week low of $51.46 and a 52-week high of $80.14. The company has a fifty day moving average of $74.41 and a 200-day moving average of $66.33. 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 firm has a market capitalization of $6.65 billion, a price-to-earnings ratio of -521.33 and a beta of 0.61.

National Fuel Gas (NYSE:NFG - Get Free Report) last issued its quarterly earnings results on Wednesday, January 29th. The oil and gas producer reported $1.66 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.44 by $0.22. National Fuel Gas had a positive return on equity of 15.96% and a negative net margin of 0.53%. During the same period last year, the business posted $1.46 EPS. Sell-side analysts forecast that National Fuel Gas will post 6.64 EPS for the current fiscal year.

National Fuel Gas Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be issued a $0.515 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $2.06 dividend on an annualized basis and a dividend yield of 2.81%. National Fuel Gas's dividend payout ratio (DPR) is presently -1,471.43%.

National Fuel Gas 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.