Dorian LPG Ltd. (NYSE:LPG) Shares Purchased by WINTON GROUP Ltd

WINTON GROUP Ltd raised its position in Dorian LPG Ltd. (NYSE:LPG) by 42.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 45,298 shares of the shipping company’s stock after purchasing an additional 13,452 shares during the quarter. WINTON GROUP Ltd owned 0.11% of Dorian LPG worth $1,104,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Beacon Capital Management LLC raised its holdings in shares of Dorian LPG by 61.1% during the 4th quarter. Beacon Capital Management LLC now owns 1,128 shares of the shipping company’s stock valued at $27,000 after buying an additional 428 shares during the period. Heck Capital Advisors LLC acquired a new stake in shares of Dorian LPG in the 4th quarter valued at about $37,000. KBC Group NV raised its stake in Dorian LPG by 84.6% during the fourth quarter. KBC Group NV now owns 2,075 shares of the shipping company’s stock valued at $51,000 after buying an additional 951 shares in the last quarter. GAMMA Investing LLC raised its position in shares of Dorian LPG by 146.2% during the 4th quarter. GAMMA Investing LLC now owns 2,194 shares of the shipping company’s stock valued at $53,000 after acquiring an additional 1,303 shares in the last quarter. Finally, SBI Securities Co. Ltd. bought a new position in shares of Dorian LPG in the 4th quarter worth about $135,000. Hedge funds and other institutional investors own 62.50% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Pareto Securities raised Dorian LPG to a “buy” rating in a report on Tuesday, February 4th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $35.00 price target on shares of Dorian LPG in a research note on Friday, January 31st.

Dorian LPG Trading Up 0.3 %

Dorian LPG stock opened at $22.49 on Friday. The firm has a market cap of $962.79 million, a price-to-earnings ratio of 5.72 and a beta of 0.87. The company has a debt-to-equity ratio of 0.48, a quick ratio of 3.95 and a current ratio of 3.97. The firm’s 50 day moving average price is $22.67 and its two-hundred day moving average price is $26.54. Dorian LPG Ltd. has a 1 year low of $19.36 and a 1 year high of $51.66.

Dorian LPG (NYSE:LPG) last announced its earnings results on Friday, January 31st. The shipping company reported $0.43 EPS for the quarter, topping the consensus estimate of $0.35 by $0.08. Dorian LPG had a net margin of 38.51% and a return on equity of 15.14%. During the same period in the previous year, the business earned $2.62 earnings per share. On average, research analysts predict that Dorian LPG Ltd. will post 2.6 EPS for the current fiscal year.

Dorian LPG Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 27th. Shareholders of record on Wednesday, February 5th were paid a dividend of $0.70 per share. The ex-dividend date was Wednesday, February 5th. Dorian LPG’s dividend payout ratio (DPR) is presently 25.45%.

Dorian LPG Profile

Dorian LPG Ltd., together with its subsidiaries, engages in the transportation of liquefied petroleum gas through its LPG tankers worldwide. It owns and operates twenty-five very large gas carriers. The company was incorporated in 2013 and is headquartered in Stamford, Connecticut.