Integrated Advisors Network LLC Sells 12,340 Shares of National Fuel Gas (NYSE:NFG)

Integrated Advisors Network LLC trimmed its stake in National Fuel Gas (NYSE:NFG - Free Report) by 19.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 52,137 shares of the oil and gas producer's stock after selling 12,340 shares during the quarter. Integrated Advisors Network LLC owned about 0.06% of National Fuel Gas worth $3,164,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in NFG. Kentucky Trust Co bought a new position in shares of National Fuel Gas during the 4th quarter worth approximately $25,000. UMB Bank n.a. increased its position in shares of National Fuel Gas by 82.9% during the 4th quarter. UMB Bank n.a. now owns 481 shares of the oil and gas producer's stock valued at $29,000 after purchasing an additional 218 shares during the last quarter. Quarry LP bought a new stake in shares of National Fuel Gas during the 4th quarter worth $32,000. Ameriflex Group Inc. purchased a new position in shares of National Fuel Gas in the 4th quarter worth about $36,000. Finally, S.A. Mason LLC bought a new position in National Fuel Gas during the fourth quarter valued at about $38,000. 73.96% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

NFG has been the topic of several recent research reports. JPMorgan Chase & Co. upped their price objective on shares of National Fuel Gas from $77.00 to $81.00 and gave the company a "neutral" rating in a report on Thursday, March 13th. Wall Street Zen upgraded shares of National Fuel Gas from a "sell" rating to a "hold" rating in a research report on Tuesday, April 22nd. Finally, Bank of America raised their price objective 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, two have issued a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $82.33.

National Fuel Gas Stock Performance

Shares of NYSE NFG traded down $0.03 during trading on Thursday, reaching $81.93. 393,317 shares of the company traded hands, compared to its average volume of 559,262. 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 firm has a 50 day simple moving average of $78.90 and a 200-day simple moving average of $71.24. National Fuel Gas has a 52-week low of $53.03 and a 52-week high of $83.68. The stock has a market capitalization of $7.40 billion, a PE ratio of -585.17 and a beta of 0.61.

National Fuel Gas (NYSE:NFG - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The oil and gas producer reported $2.39 earnings per share (EPS) for the quarter, beating 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 business had revenue of $729.95 million during the quarter, compared to analyst estimates of $770.81 million. During the same quarter in the previous year, the company posted $1.79 earnings per share. National Fuel Gas's revenue for the quarter was up 15.9% on a year-over-year basis. Equities research analysts anticipate that National Fuel Gas will post 6.64 earnings per share for the current year.

National Fuel Gas Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were issued a dividend of $0.515 per share. This represents a $2.06 annualized dividend and a dividend yield of 2.51%. The ex-dividend date of this dividend was Monday, March 31st. National Fuel Gas's dividend payout ratio (DPR) is presently 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.