Universal Beteiligungs und Servicegesellschaft mbH Takes $333,000 Position in StealthGas Inc. (NASDAQ:GASS)

Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in StealthGas Inc. (NASDAQ:GASS - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 58,994 shares of the shipping company's stock, valued at approximately $333,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.16% of StealthGas as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in GASS. Towerview LLC raised its position in StealthGas by 12.4% during the fourth quarter. Towerview LLC now owns 2,762,500 shares of the shipping company's stock valued at $15,608,000 after buying an additional 305,000 shares during the period. Marshall Wace LLP boosted its stake in shares of StealthGas by 11.9% during the 4th quarter. Marshall Wace LLP now owns 366,203 shares of the shipping company's stock valued at $2,069,000 after buying an additional 39,027 shares during the period. Two Sigma Advisers LP grew its holdings in shares of StealthGas by 22.5% during the 4th quarter. Two Sigma Advisers LP now owns 335,200 shares of the shipping company's stock valued at $1,894,000 after acquiring an additional 61,500 shares in the last quarter. Inspire Advisors LLC increased its position in StealthGas by 22.4% in the 4th quarter. Inspire Advisors LLC now owns 121,206 shares of the shipping company's stock worth $685,000 after purchasing an additional 22,203 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in StealthGas by 156.1% in the fourth quarter. JPMorgan Chase & Co. now owns 72,770 shares of the shipping company's stock valued at $411,000 after acquiring an additional 44,354 shares during the last quarter. 66.32% of the stock is currently owned by hedge funds and other institutional investors.

StealthGas Stock Performance

GASS traded up $0.21 during trading on Thursday, hitting $6.28. The stock had a trading volume of 124,110 shares, compared to its average volume of 125,714. The firm has a market cap of $232.23 million, a PE ratio of 3.55 and a beta of 0.28. The company has a current ratio of 2.66, a quick ratio of 2.59 and a debt-to-equity ratio of 0.13. StealthGas Inc. has a 12 month low of $4.82 and a 12 month high of $8.78. The company has a 50 day simple moving average of $5.41 and a 200-day simple moving average of $5.53.

StealthGas (NASDAQ:GASS - Get Free Report) last issued its quarterly earnings results on Wednesday, May 28th. The shipping company reported $0.44 EPS for the quarter, topping the consensus estimate of $0.33 by $0.11. StealthGas had a return on equity of 11.36% and a net margin of 40.87%. The company had revenue of $42.03 million for the quarter, compared to the consensus estimate of $40.40 million.

Analyst Ratings Changes

Separately, Wall Street Zen downgraded StealthGas from a "buy" rating to a "hold" rating in a report on Friday, May 30th.

StealthGas Company Profile

StealthGas Inc, together with its subsidiaries, provides seaborne transportation services to liquefied petroleum gas (LPG) producers and users worldwide. The company's carriers carry various petroleum gas products in liquefied form, including propane, butane, butadiene, isopropane, propylene, and vinyl chloride monomer, as well as ammonia; refined petroleum products, such as gasoline, diesel, fuel oil, and jet fuel; and edible oils and chemicals.