Chicago Equity Partners LLC Sells 300 Shares of National Fuel Gas Co. (NYSE:NFG)

Chicago Equity Partners LLC trimmed its stake in shares of National Fuel Gas Co. (NYSE:NFG) by 5.9% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 4,765 shares of the oil and gas producer’s stock after selling 300 shares during the quarter. Chicago Equity Partners LLC’s holdings in National Fuel Gas were worth $224,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in NFG. FMR LLC lifted its position in shares of National Fuel Gas by 109.8% during the 1st quarter. FMR LLC now owns 201,013 shares of the oil and gas producer’s stock valued at $12,254,000 after acquiring an additional 105,217 shares during the period. Denali Advisors LLC lifted its position in shares of National Fuel Gas by 4.7% during the 2nd quarter. Denali Advisors LLC now owns 221,500 shares of the oil and gas producer’s stock valued at $11,684,000 after acquiring an additional 9,900 shares during the period. WINTON GROUP Ltd lifted its position in shares of National Fuel Gas by 15.7% during the 2nd quarter. WINTON GROUP Ltd now owns 416,372 shares of the oil and gas producer’s stock valued at $21,964,000 after acquiring an additional 56,435 shares during the period. Campbell & CO Investment Adviser LLC lifted its position in shares of National Fuel Gas by 816.6% during the 2nd quarter. Campbell & CO Investment Adviser LLC now owns 30,192 shares of the oil and gas producer’s stock valued at $1,593,000 after acquiring an additional 26,898 shares during the period. Finally, Kwmg LLC lifted its position in shares of National Fuel Gas by 5.0% during the 2nd quarter. Kwmg LLC now owns 42,218 shares of the oil and gas producer’s stock valued at $2,227,000 after acquiring an additional 2,014 shares during the period. Hedge funds and other institutional investors own 72.68% of the company’s stock.

Shares of NFG stock opened at $46.66 on Friday. The company has a quick ratio of 0.67, a current ratio of 0.85 and a debt-to-equity ratio of 1.00. National Fuel Gas Co. has a twelve month low of $42.98 and a twelve month high of $61.71. The company has a market cap of $3.98 billion, a P/E ratio of 13.52, a P/E/G ratio of 5.36 and a beta of 0.74. The business has a fifty day simple moving average of $45.68 and a 200 day simple moving average of $50.45.

National Fuel Gas (NYSE:NFG) last announced its quarterly earnings data on Thursday, October 31st. The oil and gas producer reported $0.54 earnings per share for the quarter, topping the consensus estimate of $0.53 by $0.01. National Fuel Gas had a return on equity of 14.40% and a net margin of 17.97%. The business had revenue of $293.34 million during the quarter, compared to the consensus estimate of $336.30 million. During the same period in the prior year, the company earned $0.49 EPS. National Fuel Gas’s revenue for the quarter was up 1.4% on a year-over-year basis. As a group, equities research analysts anticipate that National Fuel Gas Co. will post 3.08 earnings per share for the current fiscal year.

The firm also recently disclosed a — dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were given a dividend of $0.435 per share. The ex-dividend date was Friday, September 27th. This represents a dividend yield of 3.6%. National Fuel Gas’s dividend payout ratio is currently 50.43%.

A number of analysts have recently weighed in on the company. ValuEngine upgraded National Fuel Gas from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd. TheStreet downgraded National Fuel Gas from a “b” rating to a “c+” rating in a research report on Friday, July 19th. Jefferies Financial Group upgraded National Fuel Gas from a “hold” rating to a “buy” rating and set a $51.00 price objective for the company in a research report on Tuesday, October 15th. Citigroup dropped their price objective on National Fuel Gas from $61.00 to $49.00 and set a “neutral” rating for the company in a research report on Thursday, October 17th. Finally, Zacks Investment Research upgraded National Fuel Gas from a “strong sell” rating to a “hold” rating and set a $41.00 price objective for the company in a research report on Thursday, August 8th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $47.00.

National Fuel Gas Company Profile

National Fuel Gas Company operates as a diversified energy company. It operates through five segments: Exploration and Production, Pipeline and Storage, Gathering, Utility, and Energy Marketing. 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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Institutional Ownership by Quarter for National Fuel Gas (NYSE:NFG)

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