Steward Partners Investment Advisory LLC grew its position in National Fuel Gas (NYSE:NFG - Free Report) by 165.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,618 shares of the oil and gas producer's stock after acquiring an additional 5,999 shares during the quarter. Steward Partners Investment Advisory LLC's holdings in National Fuel Gas were worth $584,000 as of its most recent SEC filing.
A number of other hedge funds also recently modified their holdings of NFG. Capital Performance Advisors LLP bought a new stake in shares of National Fuel Gas in the 3rd quarter worth approximately $28,000. CWA Asset Management Group LLC bought a new position in shares of National Fuel Gas during the 3rd quarter worth approximately $406,000. Atria Investments Inc bought a new position in shares of National Fuel Gas during the 3rd quarter worth approximately $219,000. Venturi Wealth Management LLC bought a new position in shares of National Fuel Gas during the 3rd quarter worth approximately $35,000. Finally, Keystone Financial Services bought a new position in shares of National Fuel Gas during the 3rd quarter worth approximately $231,000. Institutional investors own 73.96% of the company's stock.
National Fuel Gas Trading Down 0.1 %
Shares of NFG opened at $74.26 on Wednesday. The stock has a fifty day moving average price of $69.80 and a two-hundred day moving average price of $64.05. 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 has a 52-week low of $50.44 and a 52-week high of $76.26. The company has a market cap of $6.72 billion, a price-to-earnings ratio of -530.39 and a beta of 0.57.
National Fuel Gas (NYSE:NFG - Get Free Report) last released its earnings results on Wednesday, January 29th. The oil and gas producer reported $1.66 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 in the previous year, the company posted $1.46 earnings per share. Analysts predict that National Fuel Gas will post 6.64 EPS for the current fiscal year.
Wall Street Analyst Weigh In
NFG has been the subject of several analyst reports. StockNews.com upgraded National Fuel Gas from a "sell" rating to a "hold" rating in a research report on Tuesday, February 4th. Argus upgraded National Fuel Gas to a "strong-buy" rating in a research report on Tuesday, November 19th. Finally, JPMorgan Chase & Co. cut their target price on National Fuel Gas from $65.00 to $64.00 and set a "neutral" rating for the company in a research report on Tuesday, November 12th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, National Fuel Gas presently has an average rating of "Hold" and a consensus target price of $69.00.
Check Out Our Latest Stock Report on National Fuel Gas
National Fuel Gas Profile
(
Free Report)
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.
See Also
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