Two Sigma Investments LP Purchases 75,647 Shares of BW LPG Limited (NYSE:BWLP)

Two Sigma Investments LP boosted its position in shares of BW LPG Limited (NYSE:BWLP) by 202.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 113,018 shares of the company’s stock after purchasing an additional 75,647 shares during the period. Two Sigma Investments LP owned about 0.09% of BW LPG worth $1,284,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. SBI Securities Co. Ltd. bought a new position in shares of BW LPG in the fourth quarter worth about $26,000. Jane Street Group LLC raised its stake in shares of BW LPG by 111.4% in the fourth quarter. Jane Street Group LLC now owns 45,132 shares of the company’s stock worth $497,000 after acquiring an additional 23,785 shares during the last quarter. Citadel Advisors LLC bought a new position in shares of BW LPG in the fourth quarter worth about $1,231,000. Amundi raised its stake in shares of BW LPG by 22.4% in the fourth quarter. Amundi now owns 2,208,258 shares of the company’s stock worth $25,152,000 after acquiring an additional 404,323 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of BW LPG by 10.5% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 793,239 shares of the company’s stock worth $8,751,000 after acquiring an additional 75,699 shares during the last quarter.

BW LPG Trading Up 1.6%

Shares of NYSE BWLP opened at $10.70 on Thursday. BW LPG Limited has a 1-year low of $7.86 and a 1-year high of $21.58. The company has a market cap of $1.41 billion and a PE ratio of 5.66. The company has a current ratio of 1.34, a quick ratio of 1.16 and a debt-to-equity ratio of 0.15. The company has a 50-day moving average of $10.17 and a two-hundred day moving average of $11.28.

BW LPG (NYSE:BWLP) last announced its earnings results on Tuesday, May 20th. The company reported $0.30 earnings per share for the quarter, topping analysts’ consensus estimates of $0.21 by $0.09. The company had revenue of $158.70 million during the quarter, compared to the consensus estimate of $183.96 million.

BW LPG Dividend Announcement

The firm also recently declared a dividend, which will be paid on Monday, June 9th. Stockholders of record on Monday, June 2nd will be given a dividend of $0.28 per share. This represents a dividend yield of 10.6%. The ex-dividend date is Friday, May 30th. BW LPG’s dividend payout ratio is 59.26%.

About BW LPG

BW LPG Limited, an investment holding company, engages in ship owning and chartering activities worldwide. The company operates through Shipping and Product Services segments. The company involved in the transportation of liquefied petroleum gas to oil companies, and trading and utility companies. It also offers integrated liquified petroleum gas (LPG) delivery services and support; wholesale and trade of LPG; and management services.