Swiss National Bank Purchases 19,901 Shares of BW LPG Limited $BWLP

Key Points

• The Swiss National Bank increased its investment in BW LPG Limited by 12.0%, acquiring an additional 19,901 shares in the first quarter, bringing its total holdings to 186,278 shares.
• Other institutional investors, such as Tower Research Capital LLC and the Public Employees Retirement System of Ohio, have significantly increased their stakes in BW LPG during the fourth quarter.
• BW LPG shares opened at $16.3590, reflecting an increase of 2.1%, with a market cap of $2.15 billion and a price-to-earnings ratio of 8.66.

Swiss National Bank increased its position in shares of BW LPG Limited (NYSE:BWLP - Free Report) by 12.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 186,278 shares of the company's stock after purchasing an additional 19,901 shares during the quarter. Swiss National Bank owned 0.14% of BW LPG worth $2,012,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Tower Research Capital LLC TRC lifted its position in 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. bought a new stake in BW LPG during the fourth quarter worth about $138,000. Delta Financial Group Inc. bought a new stake in BW LPG during the first quarter worth about $188,000. Public Employees Retirement System of Ohio raised its stake in 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 acquiring an additional 3,022 shares in the last quarter. Finally, Lazard Asset Management LLC raised its stake in 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 acquiring an additional 10,470 shares in the last quarter.

BW LPG Stock Up 2.1%

Shares of NYSE BWLP opened at $16.3590 on Friday. The company has a current ratio of 1.22, a quick ratio of 1.06 and a debt-to-equity ratio of 0.44. The company has a market cap of $2.15 billion and a price-to-earnings ratio of 8.66. BW LPG Limited has a 12 month low of $7.86 and a 12 month high of $16.82. The stock has a 50-day moving average price of $13.41 and a two-hundred day moving average price of $11.76.

BW LPG Profile

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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