Glenorchy Capital Ltd purchased a new position in BW LPG Limited (NYSE:BWLP - Free Report) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm purchased 49,892 shares of the company's stock, valued at approximately $712,000.
A number of other institutional investors have also recently bought and sold shares of BWLP. XTX Topco Ltd acquired a new position in BW LPG in the second quarter valued at about $280,000. Optimum Investment Advisors raised its stake in shares of BW LPG by 644.0% during the third quarter. Optimum Investment Advisors now owns 18,600 shares of the company's stock worth $268,000 after buying an additional 16,100 shares during the last quarter. Exchange Traded Concepts LLC acquired a new position in shares of BW LPG in the 3rd quarter valued at $312,000. Susquehanna International Group Ltd. bought a new position in BW LPG during the second quarter worth about $441,000. Finally, Allspring Global Investments Holdings LLC acquired a new position in BW LPG during the second quarter valued at approximately $594,000.
BW LPG Price Performance
Shares of BWLP traded down $0.01 during trading hours on Friday, reaching $14.20. The stock had a trading volume of 315,211 shares, compared to its average volume of 165,557. The company has a quick ratio of 1.45, a current ratio of 1.63 and a debt-to-equity ratio of 0.15. The company's 50-day moving average is $15.07. BW LPG Limited has a 52 week low of $10.32 and a 52 week high of $22.31.
BW LPG (NYSE:BWLP - Get Free Report) last posted its quarterly earnings data on Thursday, August 22nd. The company reported $0.58 EPS for the quarter. The company had revenue of $876.49 million during the quarter.
BW LPG Cuts Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Tuesday, September 10th were given a $0.58 dividend. This represents a $2.32 dividend on an annualized basis and a yield of 16.34%. The ex-dividend date was Tuesday, September 10th.
BW LPG Company Profile
(
Free Report)
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.
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