National Fuel Gas (NYSE:NFG) Shares Acquired by Flputnam Investment Management Co.

Flputnam Investment Management Co. grew its holdings in National Fuel Gas (NYSE:NFG) by 1.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 34,217 shares of the oil and gas producer’s stock after purchasing an additional 350 shares during the period. Flputnam Investment Management Co.’s holdings in National Fuel Gas were worth $2,076,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of the business. Private Trust Co. NA lifted its stake in shares of National Fuel Gas by 102.5% in the 4th quarter. Private Trust Co. NA now owns 2,147 shares of the oil and gas producer’s stock valued at $130,000 after purchasing an additional 1,087 shares during the last quarter. QRG Capital Management Inc. lifted its stake in shares of National Fuel Gas by 4.6% in the 4th quarter. QRG Capital Management Inc. now owns 9,300 shares of the oil and gas producer’s stock valued at $564,000 after purchasing an additional 405 shares during the last quarter. Proficio Capital Partners LLC acquired a new position in shares of National Fuel Gas in the 4th quarter valued at $862,000. Wealthspire Advisors LLC lifted its stake in shares of National Fuel Gas by 2.8% in the 4th quarter. Wealthspire Advisors LLC now owns 11,826 shares of the oil and gas producer’s stock valued at $718,000 after purchasing an additional 326 shares during the last quarter. Finally, Navellier & Associates Inc. lifted its stake in shares of National Fuel Gas by 36.5% in the 4th quarter. Navellier & Associates Inc. now owns 13,240 shares of the oil and gas producer’s stock valued at $803,000 after purchasing an additional 3,539 shares during the last quarter. Institutional investors and hedge funds own 73.96% of the company’s stock.

Insiders Place Their Bets

In other National Fuel Gas news, insider Donna L. Decarolis sold 10,000 shares of the company’s stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $62.58, for a total transaction of $625,800.00. Following the sale, the insider now owns 81,519 shares in the company, valued at $5,101,459.02. This represents a 10.93 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.41% of the stock is owned by company insiders.

Analyst Ratings Changes

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

National Fuel Gas Price Performance

NFG stock opened at $75.18 on Monday. The business’s fifty day moving average price is $67.88 and its 200 day moving average price is $63.28. The company has a current ratio of 0.39, a quick ratio of 0.33 and a debt-to-equity ratio of 0.80. National Fuel Gas has a 12-month low of $48.32 and a 12-month high of $75.21. The company has a market capitalization of $6.81 billion, a PE ratio of -536.96 and a beta of 0.64.

National Fuel Gas (NYSE:NFG) last issued its quarterly earnings results on Wednesday, January 29th. The oil and gas producer reported $1.66 earnings per share for the quarter, topping 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 quarter in the prior year, the business posted $1.46 EPS. On average, sell-side analysts anticipate that National Fuel Gas will post 6.64 EPS for the current year.

National Fuel Gas Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were issued a dividend of $0.515 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $2.06 annualized dividend and a yield of 2.74%. National Fuel Gas’s dividend payout ratio (DPR) 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.