9,100 Shares in Excelerate Energy, Inc. (NYSE:EE) Bought by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. purchased a new stake in Excelerate Energy, Inc. (NYSE:EE - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 9,100 shares of the company's stock, valued at approximately $275,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in EE. Mackenzie Financial Corp lifted its stake in shares of Excelerate Energy by 3.9% in the 4th quarter. Mackenzie Financial Corp now owns 72,646 shares of the company's stock valued at $2,198,000 after purchasing an additional 2,740 shares during the period. Public Employees Retirement System of Ohio lifted its holdings in shares of Excelerate Energy by 154.3% during the 4th quarter. Public Employees Retirement System of Ohio now owns 38,365 shares of the company's stock valued at $1,161,000 after purchasing an additional 23,281 shares in the last quarter. 10Elms LLP bought a new stake in Excelerate Energy during the 4th quarter worth approximately $76,000. Two Sigma Advisers LP lifted its stake in Excelerate Energy by 9.1% in the fourth quarter. Two Sigma Advisers LP now owns 219,700 shares of the company's stock valued at $6,646,000 after buying an additional 18,400 shares in the last quarter. Finally, Two Sigma Investments LP boosted its holdings in shares of Excelerate Energy by 0.9% in the fourth quarter. Two Sigma Investments LP now owns 221,162 shares of the company's stock valued at $6,690,000 after buying an additional 2,035 shares during the period. Institutional investors own 21.79% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. Barclays boosted their price objective on shares of Excelerate Energy from $31.00 to $32.00 and gave the company an "overweight" rating in a research report on Friday, February 28th. Wells Fargo & Company reaffirmed an "underweight" rating on shares of Excelerate Energy in a research report on Friday, March 28th. Wall Street Zen downgraded Excelerate Energy from a "buy" rating to a "hold" rating in a research report on Thursday, May 22nd. Finally, Stephens reiterated an "overweight" rating and issued a $36.00 price objective on shares of Excelerate Energy in a report on Monday, March 3rd. Three research analysts have rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $31.17.

Excelerate Energy Stock Down 0.4%

Shares of Excelerate Energy stock traded down $0.13 on Wednesday, reaching $29.66. 285,433 shares of the company were exchanged, compared to its average volume of 288,258. The company has a market capitalization of $3.38 billion, a price-to-earnings ratio of 29.96, a PEG ratio of 5.82 and a beta of 1.39. The company has a current ratio of 4.12, a quick ratio of 4.12 and a debt-to-equity ratio of 0.34. The company has a 50-day moving average of $27.24 and a 200 day moving average of $29.11. Excelerate Energy, Inc. has a one year low of $16.75 and a one year high of $32.99.

Excelerate Energy (NYSE:EE - Get Free Report) last issued its earnings results on Wednesday, May 7th. The company reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.10. The business had revenue of $315.09 million during the quarter, compared to the consensus estimate of $207.87 million. Excelerate Energy had a net margin of 3.14% and a return on equity of 1.39%. The firm's revenue for the quarter was up 14.8% compared to the same quarter last year. On average, equities research analysts forecast that Excelerate Energy, Inc. will post 1.16 earnings per share for the current year.

Excelerate Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Wednesday, May 21st will be paid a dividend of $0.06 per share. The ex-dividend date of this dividend is Wednesday, May 21st. This represents a $0.24 annualized dividend and a dividend yield of 0.81%. Excelerate Energy's dividend payout ratio is currently 16.33%.

Excelerate Energy Company Profile

Excelerate Energy, Inc provides flexible liquefied natural gas (LNG) solutions worldwide. The company offers regasification services, including floating storage and regasification units (FSRUs), infrastructure development, and LNG and natural gas supply, procurement, and distribution services; LNG terminal services; and natural gas supply to-power projects.