UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Acquires 5,519 Shares of National Fuel Gas (NYSE:NFG)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of National Fuel Gas (NYSE:NFG - Free Report) by 2.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 212,426 shares of the oil and gas producer's stock after purchasing an additional 5,519 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.23% of National Fuel Gas worth $12,890,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in NFG. Kentucky Trust Co acquired a new position in shares of National Fuel Gas in the 4th quarter worth approximately $25,000. Quarry LP acquired a new stake in National Fuel Gas in the 4th quarter valued at $32,000. S.A. Mason LLC bought a new stake in National Fuel Gas in the fourth quarter valued at $38,000. Aster Capital Management DIFC Ltd raised its stake in National Fuel Gas by 223.2% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 656 shares of the oil and gas producer's stock worth $40,000 after acquiring an additional 453 shares in the last quarter. Finally, V Square Quantitative Management LLC raised its stake in National Fuel Gas by 49.5% during the fourth quarter. V Square Quantitative Management LLC now owns 722 shares of the oil and gas producer's stock worth $44,000 after acquiring an additional 239 shares in the last quarter. Institutional investors own 73.96% of the company's stock.

Analyst Ratings Changes

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

National Fuel Gas Price Performance

NYSE:NFG traded up $0.45 during mid-day trading on Tuesday, reaching $83.72. 491,922 shares of the company were exchanged, compared to its average volume of 558,818. National Fuel Gas has a 12 month low of $53.03 and a 12 month high of $84.27. The stock has a market cap of $7.56 billion, a PE ratio of -597.99 and a beta of 0.61. The company has a quick ratio of 0.33, a current ratio of 0.39 and a debt-to-equity ratio of 0.80. The company has a fifty day moving average of $79.25 and a 200 day moving average of $71.92.

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

National Fuel Gas Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were issued a $0.515 dividend. This represents a $2.06 annualized dividend and a yield of 2.46%. The ex-dividend date was Monday, March 31st. National Fuel Gas's dividend payout ratio is 479.07%.

National Fuel Gas Profile

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.