U.S. Capital Wealth Advisors LLC reduced its stake in shares of National Fuel Gas (NYSE:NFG – Get Rating) by 34.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,130 shares of the oil and gas producer’s stock after selling 2,199 shares during the quarter. U.S. Capital Wealth Advisors LLC’s holdings in National Fuel Gas were worth $254,000 at the end of the most recent quarter.
Several other large investors have also recently bought and sold shares of the stock. Creative Financial Designs Inc. ADV raised its stake in National Fuel Gas by 6.2% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 5,358 shares of the oil and gas producer’s stock valued at $330,000 after purchasing an additional 311 shares during the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. acquired a new position in National Fuel Gas during the 3rd quarter valued at $366,000. Dupont Capital Management Corp increased its holdings in National Fuel Gas by 134.2% in the 3rd quarter. Dupont Capital Management Corp now owns 24,819 shares of the oil and gas producer’s stock valued at $1,528,000 after buying an additional 14,223 shares during the period. Symphony Financial Ltd. Co. increased its holdings in National Fuel Gas by 102.1% in the 3rd quarter. Symphony Financial Ltd. Co. now owns 9,500 shares of the oil and gas producer’s stock valued at $593,000 after buying an additional 4,800 shares during the period. Finally, Bridgewater Advisors Inc. bought a new stake in National Fuel Gas in the 3rd quarter valued at $1,342,000. 72.25% of the stock is currently owned by institutional investors and hedge funds.
National Fuel Gas Stock Up 0.2 %
NFG opened at $61.80 on Tuesday. The firm’s 50-day simple moving average is $63.55 and its 200-day simple moving average is $66.27. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.35 and a current ratio of 0.39. National Fuel Gas has a twelve month low of $58.12 and a twelve month high of $75.97. The firm has a market cap of $5.65 billion, a price-to-earnings ratio of 10.07, a PEG ratio of 0.96 and a beta of 0.72.
National Fuel Gas Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, January 13th. Stockholders of record on Friday, December 30th were issued a $0.475 dividend. This represents a $1.90 annualized dividend and a dividend yield of 3.07%. The ex-dividend date was Thursday, December 29th. National Fuel Gas’s payout ratio is 30.94%.
Analyst Upgrades and Downgrades
Several brokerages have issued reports on NFG. StockNews.com began coverage on shares of National Fuel Gas in a report on Wednesday, October 12th. They issued a “hold” rating on the stock. Raymond James lowered their price target on shares of National Fuel Gas from $86.00 to $78.00 and set an “outperform” rating on the stock in a report on Monday, October 24th.
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 in California and in the Appalachian region of the United States.
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