3,993 Shares in National Fuel Gas (NYSE:NFG) Acquired by Nebula Research & Development LLC

Nebula Research & Development LLC purchased a new stake in shares of National Fuel Gas (NYSE:NFG - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 3,993 shares of the oil and gas producer's stock, valued at approximately $242,000.

Several other institutional investors also recently modified their holdings of the stock. Barclays PLC boosted its stake in National Fuel Gas by 243.7% in the third quarter. Barclays PLC now owns 102,672 shares of the oil and gas producer's stock worth $6,223,000 after buying an additional 72,802 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in National Fuel Gas in the third quarter worth $1,052,000. Tidal Investments LLC grew its stake in shares of National Fuel Gas by 176.2% during the third quarter. Tidal Investments LLC now owns 21,046 shares of the oil and gas producer's stock valued at $1,276,000 after buying an additional 13,425 shares during the last quarter. Franklin Resources Inc. increased its holdings in shares of National Fuel Gas by 33.3% in the third quarter. Franklin Resources Inc. now owns 220,869 shares of the oil and gas producer's stock worth $13,386,000 after buying an additional 55,152 shares during the period. Finally, GAMMA Investing LLC boosted its holdings in National Fuel Gas by 42.7% during the 4th quarter. GAMMA Investing LLC now owns 993 shares of the oil and gas producer's stock valued at $60,000 after acquiring an additional 297 shares during the period. 73.96% of the stock is currently owned by institutional investors.

National Fuel Gas Stock Up 0.4 %

National Fuel Gas stock traded up $0.32 during trading hours on Wednesday, hitting $82.40. 47,972 shares of the stock traded hands, compared to its average volume of 556,929. National Fuel Gas has a one year low of $53.03 and a one year high of $82.84. The company has a market cap of $7.46 billion, a PE ratio of -588.24 and a beta of 0.61. The firm's 50-day moving average price is $77.10 and its two-hundred day moving average price is $69.06. The company has a current ratio of 0.39, a quick ratio of 0.33 and a debt-to-equity ratio of 0.80.

National Fuel Gas (NYSE:NFG - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The oil and gas producer reported $2.39 earnings per share for the quarter, beating the consensus estimate of $2.18 by $0.21. The company had revenue of $729.95 million for the quarter, compared to analyst estimates of $770.81 million. National Fuel Gas had a positive return on equity of 15.96% and a negative net margin of 0.53%. The firm's revenue was up 15.9% on a year-over-year basis. During the same period in the previous year, the company posted $1.79 earnings per share. On average, research analysts forecast that National Fuel Gas will post 6.64 EPS for the current year.

National Fuel Gas Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were paid a $0.515 dividend. The ex-dividend date of this dividend was Monday, March 31st. This represents a $2.06 annualized dividend and a dividend yield of 2.50%. National Fuel Gas's payout ratio is 479.07%.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. StockNews.com upgraded National Fuel Gas from a "sell" rating to a "hold" rating in a research report on Tuesday, April 22nd. JPMorgan Chase & Co. upped their price objective on shares of National Fuel Gas from $77.00 to $81.00 and gave the company a "neutral" rating in a research note on Thursday, March 13th. One research analyst has rated the stock with a sell rating, two have issued 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.com, the stock presently has a consensus rating of "Hold" and an average target price of $74.67.

National Fuel Gas 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.