BW LPG Limited (NYSE:BWLP - Get Free Report)'s stock price gapped up prior to trading on Thursday . The stock had previously closed at $10.70, but opened at $11.31. BW LPG shares last traded at $11.16, with a volume of 180,501 shares traded.
BW LPG Stock Down 0.5%
The company has a 50 day simple moving average of $10.18 and a two-hundred day simple moving average of $11.26. The company has a quick ratio of 1.16, a current ratio of 1.34 and a debt-to-equity ratio of 0.15. The company has a market capitalization of $1.47 billion and a P/E ratio of 5.91.
BW LPG (NYSE:BWLP - Get Free Report) last released its earnings results on Tuesday, May 20th. The company reported $0.30 EPS for the quarter, beating analysts' consensus estimates of $0.21 by $0.09. The business had revenue of $158.70 million for the quarter, compared to the consensus estimate of $183.96 million.
BW LPG Dividend Announcement
The firm also recently announced a dividend, which will be paid on Monday, June 9th. Stockholders of record on Monday, June 2nd will be paid a dividend of $0.28 per share. The ex-dividend date is Friday, May 30th. This represents a dividend yield of 10.6%. BW LPG's dividend payout ratio is 59.26%.
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the business. Intrua Financial LLC boosted its holdings in shares of BW LPG by 8.0% in the first quarter. Intrua Financial LLC now owns 27,150 shares of the company's stock valued at $295,000 after purchasing an additional 2,000 shares during the period. Jane Street Group LLC boosted its holdings in shares of BW LPG by 14.0% in the first quarter. Jane Street Group LLC now owns 51,463 shares of the company's stock valued at $558,000 after purchasing an additional 6,331 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of BW LPG by 61.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,282,485 shares of the company's stock valued at $13,878,000 after purchasing an additional 489,246 shares during the period. Amundi boosted its holdings in shares of BW LPG by 38.1% in the first quarter. Amundi now owns 3,050,107 shares of the company's stock valued at $31,203,000 after purchasing an additional 841,849 shares during the period. Finally, Royal Bank of Canada boosted its holdings in shares of BW LPG by 4,137.5% in the first quarter. Royal Bank of Canada now owns 23,476 shares of the company's stock valued at $255,000 after purchasing an additional 22,922 shares during the period.
BW LPG Company Profile
(
Get Free Report)
BW LPG Limited, an investment holding company, engages in ship owning and chartering activities worldwide. The company operates through Shipping and Product Services segments. The company involved in the transportation of liquefied petroleum gas to oil companies, and trading and utility companies. It also offers integrated liquified petroleum gas (LPG) delivery services and support; wholesale and trade of LPG; and management services.
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