83,781 Shares in BW LPG Limited $BWLP Purchased by Nuveen LLC

Nuveen LLC purchased a new stake in BW LPG Limited (NYSE:BWLP - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 83,781 shares of the company's stock, valued at approximately $907,000. Nuveen LLC owned 0.06% of BW LPG as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Tower Research Capital LLC TRC raised its position in shares of BW LPG by 101,928.6% during the fourth quarter. Tower Research Capital LLC TRC now owns 7,142 shares of the company's stock worth $81,000 after purchasing an additional 7,135 shares during the period. D. E. Shaw & Co. Inc. acquired a new position in shares of BW LPG during the fourth quarter worth approximately $138,000. Delta Financial Group Inc. acquired a new position in shares of BW LPG during the first quarter worth approximately $188,000. Public Employees Retirement System of Ohio raised its position in shares of BW LPG by 9.1% during the fourth quarter. Public Employees Retirement System of Ohio now owns 36,360 shares of the company's stock worth $401,000 after purchasing an additional 3,022 shares during the period. Finally, Lazard Asset Management LLC raised its position in shares of BW LPG by 41.5% during the fourth quarter. Lazard Asset Management LLC now owns 35,718 shares of the company's stock worth $405,000 after purchasing an additional 10,470 shares during the period.

BW LPG Stock Up 0.6%

Shares of NYSE:BWLP traded up $0.09 during trading on Friday, reaching $15.24. 259,837 shares of the stock were exchanged, compared to its average volume of 432,986. The firm has a market cap of $2.01 billion and a price-to-earnings ratio of 9.90. The stock has a fifty day moving average of $14.00 and a two-hundred day moving average of $11.92. BW LPG Limited has a 1-year low of $7.86 and a 1-year high of $16.60. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.27 and a quick ratio of 1.22.

BW LPG (NYSE:BWLP - Get Free Report) last released its quarterly earnings results on Tuesday, August 26th. The company reported $0.23 EPS for the quarter, missing analysts' consensus estimates of $0.26 by ($0.03). The company had revenue of $153.00 million during the quarter, compared to analysts' expectations of $170.09 million. BW LPG had a net margin of 6.09% and a return on equity of 11.70%.

BW LPG Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 15th. Stockholders of record on Friday, September 5th will be paid a dividend of $0.22 per share. The ex-dividend date is Friday, September 5th. This represents a $0.88 annualized dividend and a dividend yield of 5.8%. BW LPG's dividend payout ratio is presently 57.14%.

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.