Natixis Advisors LLC Has $3.33 Million Stock Position in National Fuel Gas (NYSE:NFG)

Natixis Advisors LLC grew its holdings in National Fuel Gas (NYSE:NFG - Free Report) by 6.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 54,828 shares of the oil and gas producer's stock after purchasing an additional 3,495 shares during the quarter. Natixis Advisors LLC owned approximately 0.06% of National Fuel Gas worth $3,327,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Daiwa Securities Group Inc. boosted its stake in National Fuel Gas by 12.6% in the third quarter. Daiwa Securities Group Inc. now owns 7,698 shares of the oil and gas producer's stock valued at $467,000 after acquiring an additional 859 shares during the last quarter. Clear Creek Financial Management LLC acquired a new position in shares of National Fuel Gas in the 4th quarter valued at $238,000. Zacks Investment Management bought a new position in shares of National Fuel Gas in the 3rd quarter worth $957,000. Empowered Funds LLC acquired a new stake in shares of National Fuel Gas during the third quarter worth $1,277,000. Finally, Vestcor Inc bought a new stake in National Fuel Gas in the third quarter valued at about $716,000. Institutional investors and hedge funds own 73.96% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on NFG. JPMorgan Chase & Co. raised their target price on National Fuel Gas from $77.00 to $81.00 and gave the stock a "neutral" rating in a report 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 assigned a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, National Fuel Gas currently has a consensus rating of "Hold" and a consensus target price of $74.67.

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National Fuel Gas Trading Up 0.2 %

NYSE:NFG traded up $0.16 on Tuesday, reaching $78.44. The company's stock had a trading volume of 556,522 shares, compared to its average volume of 511,959. National Fuel Gas has a 1-year low of $51.46 and a 1-year high of $79.35. The business's 50-day moving average price is $72.83 and its two-hundred day moving average price is $65.31. The firm has a market cap of $7.10 billion, a PE ratio of -560.25 and a beta of 0.57. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.33 and a current ratio of 0.39.

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 (EPS) for the quarter, beating the consensus estimate 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 firm posted $1.46 earnings per share. Equities research analysts anticipate that National Fuel Gas will post 6.64 earnings per share for the current fiscal year.

National Fuel Gas Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a $0.515 dividend. This represents a $2.06 dividend on an annualized basis and a yield of 2.63%. The ex-dividend date is Monday, March 31st. National Fuel Gas's payout ratio is presently -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.