Jane Street Group LLC Purchases 23,785 Shares of BW LPG Limited (NYSE:BWLP)

Jane Street Group LLC lifted its position in BW LPG Limited (NYSE:BWLP - Free Report) by 111.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 45,132 shares of the company's stock after buying an additional 23,785 shares during the quarter. Jane Street Group LLC's holdings in BW LPG were worth $497,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of BWLP. Avior Wealth Management LLC increased its holdings in BW LPG by 98.0% in the 4th quarter. Avior Wealth Management LLC now owns 5,862 shares of the company's stock valued at $67,000 after buying an additional 2,902 shares during the period. Exchange Traded Concepts LLC lifted its position in BW LPG by 30.4% during the 4th quarter. Exchange Traded Concepts LLC now owns 28,301 shares of the company's stock valued at $321,000 after purchasing an additional 6,601 shares during the period. Bank of New York Mellon Corp lifted its position in BW LPG by 600.5% during the 4th quarter. Bank of New York Mellon Corp now owns 770,219 shares of the company's stock valued at $8,750,000 after purchasing an additional 660,269 shares during the period. SBI Securities Co. Ltd. bought a new stake in shares of BW LPG in the 4th quarter valued at about $26,000. Finally, Amundi increased its stake in shares of BW LPG by 22.4% in the 4th quarter. Amundi now owns 2,208,258 shares of the company's stock valued at $25,152,000 after acquiring an additional 404,323 shares during the last quarter.

BW LPG Stock Down 2.4%

NYSE BWLP traded down $0.26 during trading hours on Friday, reaching $10.49. 284,830 shares of the company's stock were exchanged, compared to its average volume of 393,514. The company's 50-day moving average is $10.21 and its two-hundred day moving average is $11.33. BW LPG Limited has a one year low of $7.86 and a one year high of $21.80. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.16 and a current ratio of 1.34. The company has a market capitalization of $1.38 billion and a price-to-earnings ratio of 5.55.

BW LPG (NYSE:BWLP - Get Free Report) last announced its quarterly earnings results on Tuesday, May 20th. The company reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.09. The business had revenue of $158.70 million for the quarter, compared to analyst estimates of $183.96 million.

BW LPG Announces Dividend

The company also recently declared 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. This represents a dividend yield of 10.6%. The ex-dividend date of this dividend is Friday, May 30th. BW LPG's payout ratio is 59.26%.

About BW LPG

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.