108,376 Shares in BW LPG Limited (NYSE:BWLP) Purchased by Citadel Advisors LLC

Citadel Advisors LLC purchased a new stake in shares of BW LPG Limited (NYSE:BWLP - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund purchased 108,376 shares of the company's stock, valued at approximately $1,231,000. Citadel Advisors LLC owned about 0.08% of BW LPG as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Bank of New York Mellon Corp lifted its stake in BW LPG by 600.5% in the fourth 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 last quarter. Amundi raised its holdings in BW LPG by 22.4% during 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 period. Boothbay Fund Management LLC bought a new stake in BW LPG during the 4th quarter valued at $1,778,000. Barclays PLC increased its holdings in shares of BW LPG by 6.0% in the fourth quarter. Barclays PLC now owns 1,546,077 shares of the company's stock worth $17,563,000 after purchasing an additional 86,909 shares during the period. Finally, O Shaughnessy Asset Management LLC increased its holdings in shares of BW LPG by 23.9% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 355,382 shares of the company's stock worth $3,912,000 after purchasing an additional 68,563 shares during the period.

BW LPG Trading Up 0.9%

NYSE BWLP traded up $0.10 during trading on Thursday, hitting $10.79. 277,968 shares of the company's stock traded hands, compared to its average volume of 396,185. The stock has a fifty day moving average of $10.25 and a two-hundred day moving average of $11.36. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.34 and a quick ratio of 1.16. BW LPG Limited has a 12-month low of $7.86 and a 12-month high of $22.31. The firm has a market cap of $1.42 billion and a P/E ratio of 5.71.

BW LPG (NYSE:BWLP - Get Free Report) last posted 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 analysts' expectations of $183.96 million.

BW LPG Dividend Announcement

The company also recently announced a dividend, which will be paid on Monday, June 9th. Stockholders of record on Monday, June 2nd will be issued 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 currently 59.26%.

Wall Street Analysts Forecast Growth

Separately, Pareto Securities upgraded shares of BW LPG from a "hold" rating to a "buy" rating in a research report on Thursday, January 30th.

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.