National Fuel Gas (NYSE:NFG) Shares Bought by Tower Research Capital LLC TRC

Tower Research Capital LLC TRC grew its position in National Fuel Gas (NYSE:NFG - Free Report) by 163.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 8,464 shares of the oil and gas producer's stock after buying an additional 5,250 shares during the period. Tower Research Capital LLC TRC's holdings in National Fuel Gas were worth $514,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. CIBC Private Wealth Group LLC boosted its stake in National Fuel Gas by 14.3% in the fourth quarter. CIBC Private Wealth Group LLC now owns 1,221 shares of the oil and gas producer's stock valued at $76,000 after acquiring an additional 153 shares in the last quarter. UMB Bank n.a. lifted its holdings 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. V Square Quantitative Management LLC boosted its position in shares of National Fuel Gas by 49.5% in the 4th quarter. V Square Quantitative Management LLC now owns 722 shares of the oil and gas producer's stock worth $44,000 after purchasing an additional 239 shares in the last quarter. Mariner LLC grew its stake in National Fuel Gas by 1.3% during the 4th quarter. Mariner LLC now owns 20,291 shares of the oil and gas producer's stock worth $1,231,000 after buying an additional 258 shares during the last quarter. Finally, Evergreen Capital Management LLC grew its stake in National Fuel Gas by 2.0% during the 4th quarter. Evergreen Capital Management LLC now owns 13,765 shares of the oil and gas producer's stock worth $842,000 after buying an additional 274 shares during the last quarter. 73.96% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have weighed in on NFG shares. JPMorgan Chase & Co. raised their price target on National Fuel Gas from $77.00 to $81.00 and gave the stock a "neutral" rating in a report on Thursday, March 13th. StockNews.com upgraded shares of National Fuel Gas from a "sell" rating to a "hold" rating in a research note on Tuesday, April 22nd. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, one has given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $74.67.

National Fuel Gas Stock Performance

Shares of NFG stock traded up $3.28 during mid-day trading on Friday, reaching $82.48. The stock had a trading volume of 1,093,090 shares, compared to its average volume of 557,211. National Fuel Gas has a 1-year low of $53.03 and a 1-year high of $82.70. The firm has a market cap of $7.47 billion, a price-to-earnings ratio of -589.10 and a beta of 0.61. The company has a current ratio of 0.39, a quick ratio of 0.33 and a debt-to-equity ratio of 0.80. The business's fifty day moving average is $76.76 and its 200-day moving average is $68.83.

National Fuel Gas (NYSE:NFG - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The oil and gas producer reported $2.39 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.18 by $0.21. The company had revenue of $729.95 million during the quarter, compared to analyst estimates of $770.81 million. National Fuel Gas had a negative net margin of 0.53% and a positive return on equity of 15.96%. National Fuel Gas's revenue for the quarter was up 15.9% compared to the same quarter last year. During the same period last year, the firm posted $1.79 EPS. 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 business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were issued a $0.515 dividend. The ex-dividend date was Monday, March 31st. This represents a $2.06 annualized dividend and a dividend yield of 2.50%. National Fuel Gas's dividend payout ratio (DPR) is presently 479.07%.

National Fuel Gas Company 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.