LSV Asset Management Has $100.81 Million Stake in National Fuel Gas (NYSE:NFG)

LSV Asset Management reduced its position in shares of National Fuel Gas (NYSE:NFG - Free Report) by 1.4% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 1,661,346 shares of the oil and gas producer's stock after selling 24,152 shares during the quarter. LSV Asset Management owned about 1.83% of National Fuel Gas worth $100,810,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. HighTower Advisors LLC boosted its holdings in National Fuel Gas by 15.3% in the third quarter. HighTower Advisors LLC now owns 24,408 shares of the oil and gas producer's stock worth $1,487,000 after acquiring an additional 3,244 shares in the last quarter. Quantinno Capital Management LP grew its position in shares of National Fuel Gas by 106.3% during the 3rd quarter. Quantinno Capital Management LP now owns 16,924 shares of the oil and gas producer's stock valued at $1,026,000 after acquiring an additional 8,719 shares during the period. Stifel Financial Corp lifted its position in shares of National Fuel Gas by 7.5% during the 3rd quarter. Stifel Financial Corp now owns 143,289 shares of the oil and gas producer's stock valued at $8,685,000 after buying an additional 10,038 shares in the last quarter. EP Wealth Advisors LLC acquired a new stake in National Fuel Gas in the 3rd quarter worth about $342,000. Finally, Orion Portfolio Solutions LLC boosted its stake in National Fuel Gas by 4.2% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 11,343 shares of the oil and gas producer's stock worth $688,000 after purchasing an additional 456 shares during the last quarter. 73.96% of the stock is currently owned by institutional investors.

National Fuel Gas Price Performance

NFG stock traded up $1.20 on Wednesday, reaching $79.22. The company had a trading volume of 158,382 shares, compared to its average volume of 547,378. The company has a market cap of $7.17 billion, a P/E ratio of -565.82 and a beta of 0.61. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.33 and a current ratio of 0.39. National Fuel Gas has a 1 year low of $51.46 and a 1 year high of $80.14. The company's fifty day moving average is $75.23 and its 200 day moving average is $67.16.

National Fuel Gas (NYSE:NFG - Get Free Report) last issued its earnings results on Wednesday, January 29th. The oil and gas producer reported $1.66 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.44 by $0.22. National Fuel Gas had a positive return on equity of 15.96% and a negative net margin of 0.53%. During the same quarter in the previous year, the company posted $1.46 earnings per share. On average, research analysts forecast that National Fuel Gas will post 6.64 earnings per share for the current year.

National Fuel Gas Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were issued a $0.515 dividend. This represents a $2.06 dividend on an annualized basis and a yield of 2.60%. The ex-dividend date of this dividend was Monday, March 31st. National Fuel Gas's payout ratio is -1,471.43%.

Wall Street Analyst Weigh In

NFG has been the topic of several recent research reports. JPMorgan Chase & Co. boosted their price target on shares of National Fuel Gas from $77.00 to $81.00 and gave the company a "neutral" rating in a research report on Thursday, March 13th. StockNews.com cut shares of National Fuel Gas from a "hold" rating to a "sell" rating in a research report on Monday, April 7th. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, National Fuel Gas presently has a consensus rating of "Hold" and an average target price of $74.67.

About National Fuel Gas

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.