AlphaQuest LLC Has $1.93 Million Position in National Fuel Gas (NYSE:NFG)

AlphaQuest LLC raised its stake in shares of National Fuel Gas (NYSE:NFG) by 1,014.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 31,795 shares of the oil and gas producer’s stock after purchasing an additional 28,942 shares during the period. AlphaQuest LLC’s holdings in National Fuel Gas were worth $1,929,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. MQS Management LLC grew its stake in National Fuel Gas by 2.0% in the 3rd quarter. MQS Management LLC now owns 8,631 shares of the oil and gas producer’s stock valued at $523,000 after buying an additional 166 shares during the last quarter. UMB Bank n.a. boosted its holdings in National Fuel Gas by 82.9% during the fourth quarter. UMB Bank n.a. now owns 481 shares of the oil and gas producer’s stock valued at $29,000 after acquiring an additional 218 shares during the period. V Square Quantitative Management LLC grew its position in shares of National Fuel Gas by 49.5% in the fourth quarter. V Square Quantitative Management LLC now owns 722 shares of the oil and gas producer’s stock valued at $44,000 after purchasing an additional 239 shares during the last quarter. Geneos Wealth Management Inc. increased its stake in shares of National Fuel Gas by 5.0% in the fourth quarter. Geneos Wealth Management Inc. now owns 5,906 shares of the oil and gas producer’s stock worth $358,000 after purchasing an additional 280 shares during the period. Finally, GAMMA Investing LLC lifted its position in shares of National Fuel Gas by 42.7% during the 4th quarter. GAMMA Investing LLC now owns 993 shares of the oil and gas producer’s stock worth $60,000 after purchasing an additional 297 shares during the last quarter. Institutional investors own 73.96% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. Argus raised National Fuel Gas to a “strong-buy” rating in a report on Tuesday, November 19th. JPMorgan Chase & Co. lowered their price objective on shares of National Fuel Gas from $65.00 to $64.00 and set a “neutral” rating on the stock in a research note on Tuesday, November 12th. Finally, StockNews.com raised shares of National Fuel Gas from a “sell” rating to a “hold” rating in a research report on Tuesday, February 4th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $69.00.

National Fuel Gas Trading Up 0.8 %

Shares of NFG opened at $74.12 on Friday. The stock’s 50-day moving average price is $69.26 and its 200 day moving average price is $63.80. 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 has a 12-month low of $50.44 and a 12-month high of $76.26. The firm has a market capitalization of $6.71 billion, a price-to-earnings ratio of -529.40 and a beta of 0.57.

National Fuel Gas (NYSE:NFG) last released its quarterly earnings data on Wednesday, January 29th. The oil and gas producer reported $1.66 earnings per share (EPS) for the quarter, beating 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 quarter in the previous year, the firm earned $1.46 EPS. As a group, research analysts predict that National Fuel Gas will post 6.64 earnings per share for the current year.

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.