National Fuel Gas (NYSE:NFG) Shares Sold by Twin Tree Management LP

Twin Tree Management LP decreased its holdings in National Fuel Gas (NYSE:NFG - Free Report) by 54.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 10,434 shares of the oil and gas producer's stock after selling 12,286 shares during the quarter. Twin Tree Management LP's holdings in National Fuel Gas were worth $633,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of NFG. Kentucky Trust Co purchased a new position in shares of National Fuel Gas during the 4th quarter valued at approximately $25,000. UMB Bank n.a. increased its stake 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 worth $29,000 after buying an additional 218 shares during the last quarter. S.A. Mason LLC acquired a new stake in National Fuel Gas in the fourth quarter valued at $38,000. V Square Quantitative Management LLC boosted its stake 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 during the last quarter. Finally, Safe Harbor Fiduciary LLC acquired a new position in National Fuel Gas during the 3rd quarter worth $46,000. Hedge funds and other institutional investors own 73.96% of the company's stock.

Wall Street Analysts Forecast Growth

NFG has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. upped their target price on shares of 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 upgraded National Fuel Gas from a "sell" rating to a "hold" rating in a research note on Tuesday, February 4th. One analyst has rated the stock with a sell rating, two have assigned a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $74.67.

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National Fuel Gas Stock Performance

NFG stock traded down $0.83 during trading on Friday, hitting $78.18. 1,464,520 shares of the company's stock traded hands, compared to its average volume of 510,778. The stock has a market capitalization of $7.08 billion, a price-to-earnings ratio of -558.41 and a beta of 0.57. National Fuel Gas has a 52 week low of $51.46 and a 52 week high of $79.35. The stock has a fifty day moving average price of $72.27 and a two-hundred day moving average price of $64.96. The company has a quick ratio of 0.33, a current ratio of 0.39 and a debt-to-equity ratio of 0.80.

National Fuel Gas (NYSE:NFG - Get Free Report) last posted its quarterly 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 negative net margin of 0.53% and a positive return on equity of 15.96%. During the same period last year, the firm posted $1.46 earnings per share. As a group, equities analysts anticipate 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. Stockholders of record on Monday, March 31st will be given a dividend of $0.515 per share. This represents a $2.06 dividend on an annualized basis and a dividend yield of 2.63%. The ex-dividend date of this dividend is Monday, March 31st. National Fuel Gas's payout ratio is -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.