Integrated Advisors Network LLC Reduces Stock Position in National Fuel Gas (NYSE:NFG)

Integrated Advisors Network LLC lessened its holdings in shares of National Fuel Gas (NYSE:NFG - Free Report) by 26.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 38,454 shares of the oil and gas producer's stock after selling 13,683 shares during the quarter. Integrated Advisors Network LLC's holdings in National Fuel Gas were worth $3,045,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. CIBC Private Wealth Group LLC boosted its position in shares of National Fuel Gas by 14.3% during the 4th quarter. CIBC Private Wealth Group LLC now owns 1,221 shares of the oil and gas producer's stock valued at $76,000 after acquiring an additional 153 shares during the last quarter. Captrust Financial Advisors raised its holdings in National Fuel Gas by 2.9% in the 4th quarter. Captrust Financial Advisors now owns 7,288 shares of the oil and gas producer's stock valued at $442,000 after buying an additional 204 shares during the period. V Square Quantitative Management LLC raised its holdings in National Fuel Gas by 49.5% in the 4th quarter. V Square Quantitative Management LLC now owns 722 shares of the oil and gas producer's stock valued at $44,000 after buying an additional 239 shares during the period. Mariner LLC raised its holdings in National Fuel Gas by 1.3% in the 4th quarter. Mariner LLC now owns 20,291 shares of the oil and gas producer's stock valued at $1,231,000 after buying an additional 258 shares during the period. Finally, Evergreen Capital Management LLC lifted its position in shares of National Fuel Gas by 2.0% during the fourth quarter. Evergreen Capital Management LLC now owns 13,765 shares of the oil and gas producer's stock worth $842,000 after purchasing an additional 274 shares in the last quarter. Institutional investors and hedge funds own 73.96% of the company's stock.

National Fuel Gas Stock Performance

Shares of National Fuel Gas stock traded up $2.07 during trading hours on Thursday, hitting $84.09. 612,727 shares of the company were exchanged, compared to its average volume of 559,043. National Fuel Gas has a 1 year low of $53.03 and a 1 year high of $84.60. The company has a current ratio of 0.39, a quick ratio of 0.33 and a debt-to-equity ratio of 0.80. The business has a 50-day moving average of $79.69 and a 200-day moving average of $72.65. The stock has a market capitalization of $7.60 billion, a price-to-earnings ratio of -600.60 and a beta of 0.62.

National Fuel Gas (NYSE:NFG - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The oil and gas producer reported $2.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.18 by $0.21. National Fuel Gas had a positive return on equity of 15.96% and a negative net margin of 0.53%. The firm had revenue of $729.95 million during the quarter, compared to analysts' expectations of $770.81 million. During the same quarter in the prior year, the business posted $1.79 earnings per share. National Fuel Gas's revenue was up 15.9% compared to the same quarter last year. As a group, analysts expect that National Fuel Gas will post 6.64 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on NFG shares. JPMorgan Chase & Co. upped their target price on shares of National Fuel Gas from $77.00 to $81.00 and gave the stock a "neutral" rating in a research note on Thursday, March 13th. Wall Street Zen raised National Fuel Gas from a "hold" rating to a "buy" rating in a report on Friday, May 30th. Finally, Bank of America upped their price target on National Fuel Gas from $77.00 to $85.00 and gave the company an "underperform" rating in a report on Friday, May 23rd. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $82.33.

About National Fuel Gas

National Fuel Gas Company operates as a diversified energy company. It operates through four segments: Exploration and Production, Pipeline and Storage, Gathering, and Utility. The Exploration and Production segment explores for, develops, and produces natural gas and oil. The Pipeline and Storage segment provides interstate natural gas transportation services through an integrated gas pipeline system in Pennsylvania and New York; and owns and operates underground natural gas storage fields.