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 Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 108,376 shares of the company's stock, valued at approximately $1,231,000. Citadel Advisors LLC owned 0.08% of BW LPG at the end of the most recent quarter.
Other institutional investors have also recently added to or reduced their stakes in the company. SBI Securities Co. Ltd. acquired a new position in shares of BW LPG in the fourth quarter worth about $26,000. Avior Wealth Management LLC lifted its stake in shares of BW LPG by 98.0% in the fourth quarter. Avior Wealth Management LLC now owns 5,862 shares of the company's stock worth $67,000 after acquiring an additional 2,902 shares in the last quarter. Tower Research Capital LLC TRC lifted its stake in shares of BW LPG by 101,928.6% in the fourth quarter. Tower Research Capital LLC TRC now owns 7,142 shares of the company's stock worth $81,000 after acquiring an additional 7,135 shares in the last quarter. SIH Partners LLLP acquired a new position in shares of BW LPG in the fourth quarter worth about $114,000. Finally, Franklin Resources Inc. acquired a new position in shares of BW LPG in the fourth quarter worth about $233,000.
BW LPG Stock Down 2.4%
Shares of NYSE:BWLP traded down $0.26 during trading on Friday, hitting $10.49. The company's stock had a trading volume of 284,830 shares, compared to its average volume of 393,514. The stock's 50-day moving average price is $10.21 and its two-hundred day moving average price is $11.32. BW LPG Limited has a fifty-two week low of $7.86 and a fifty-two week high of $21.80. The company has a market capitalization of $1.38 billion and a PE ratio of 5.55. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.16 and a current ratio of 1.34.
BW LPG (NYSE:BWLP - Get Free Report) last posted its earnings results on Tuesday, May 20th. The company reported $0.30 EPS for the quarter, beating the consensus estimate of $0.21 by $0.09. The company 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 disclosed a dividend, which will be paid on Monday, June 9th. Investors of record on Monday, June 2nd will be issued a $0.28 dividend. This represents a yield of 10.6%. The ex-dividend date is Friday, May 30th. BW LPG's dividend payout ratio (DPR) is 59.26%.
About BW LPG
(
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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