XTX Topco Ltd Purchases New Position in StealthGas Inc. (NASDAQ:GASS)

XTX Topco Ltd purchased a new stake in shares of StealthGas Inc. (NASDAQ:GASS) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 15,491 shares of the shipping company’s stock, valued at approximately $88,000.

Several other large investors have also bought and sold shares of GASS. Towerview LLC boosted its position in StealthGas by 12.4% during the 4th quarter. Towerview LLC now owns 2,762,500 shares of the shipping company’s stock valued at $15,608,000 after acquiring an additional 305,000 shares in the last quarter. JPMorgan Chase & Co. boosted its position in StealthGas by 156.1% during the 4th 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 in the last quarter. Virtu Financial LLC bought a new stake in StealthGas during the 4th quarter valued at approximately $142,000. Inspire Advisors LLC boosted its position in StealthGas by 22.4% during the 4th quarter. Inspire Advisors LLC now owns 121,206 shares of the shipping company’s stock valued at $685,000 after acquiring an additional 22,203 shares in the last quarter. Finally, State Street Corp boosted its position in StealthGas by 44.7% during the 3rd quarter. State Street Corp now owns 45,596 shares of the shipping company’s stock valued at $311,000 after acquiring an additional 14,093 shares in the last quarter. 66.32% of the stock is owned by institutional investors.

StealthGas Stock Performance

Shares of GASS opened at $5.40 on Wednesday. The company has a quick ratio of 2.59, a current ratio of 2.66 and a debt-to-equity ratio of 0.13. The business’s 50 day moving average price is $5.48 and its 200-day moving average price is $5.62. StealthGas Inc. has a 52 week low of $4.82 and a 52 week high of $8.84. The stock has a market cap of $198.40 million, a P/E ratio of 3.05 and a beta of 0.54.

StealthGas (NASDAQ:GASS) last issued its quarterly earnings results on Friday, February 21st. The shipping company reported $0.38 EPS for the quarter. StealthGas had a return on equity of 11.36% and a net margin of 40.87%. The firm had revenue of $40.25 million for the quarter.

Analysts Set New Price Targets

Separately, StockNews.com raised StealthGas from a “hold” rating to a “buy” rating in a research report on Friday, March 14th.

About StealthGas

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.