AHL Partners LLP lifted its stake in shares of National Fuel Gas Company (NYSE:NFG) by 150.7% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 216,513 shares of the oil and gas producer’s stock after acquiring an additional 130,155 shares during the period. AHL Partners LLP owned 0.25% of National Fuel Gas worth $12,090,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. boosted its position in shares of National Fuel Gas by 1.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,836 shares of the oil and gas producer’s stock valued at $103,000 after acquiring an additional 34 shares during the last quarter. Fifth Third Bancorp increased its position in National Fuel Gas by 87.3% during the first quarter. Fifth Third Bancorp now owns 2,841 shares of the oil and gas producer’s stock worth $169,000 after purchasing an additional 1,324 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its position in National Fuel Gas by 18.3% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,878 shares of the oil and gas producer’s stock worth $161,000 after purchasing an additional 445 shares during the last quarter. Sheaff Brock Investment Advisors LLC increased its position in National Fuel Gas by 5.7% during the second quarter. Sheaff Brock Investment Advisors LLC now owns 3,700 shares of the oil and gas producer’s stock worth $207,000 after purchasing an additional 200 shares during the last quarter. Finally, Cadence Capital Management LLC acquired a new stake in National Fuel Gas during the second quarter worth about $209,000. Institutional investors and hedge funds own 71.78% of the company’s stock.

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National Fuel Gas Company (NYSE:NFG) traded up 1.08% during midday trading on Monday, hitting $57.22. 71,688 shares of the stock were exchanged. The stock has a market cap of $4.89 billion, a price-to-earnings ratio of 17.82 and a beta of 0.95. National Fuel Gas Company has a 12-month low of $50.61 and a 12-month high of $61.25. The firm has a 50 day moving average of $58.37 and a 200-day moving average of $57.57.

National Fuel Gas (NYSE:NFG) last issued its quarterly earnings results on Thursday, August 3rd. The oil and gas producer reported $0.69 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.69. The firm had revenue of $348.37 million for the quarter, compared to analyst estimates of $373.86 million. National Fuel Gas had a return on equity of 18.31% and a net margin of 17.38%. During the same period last year, the company earned $0.68 EPS. On average, equities analysts expect that National Fuel Gas Company will post $3.32 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, October 13th. Investors of record on Friday, September 29th will be issued a $0.415 dividend. The ex-dividend date of this dividend is Thursday, September 28th. This represents a $1.66 dividend on an annualized basis and a yield of 2.93%. National Fuel Gas’s payout ratio is 51.71%.

Several research firms have weighed in on NFG. Jefferies Group LLC reiterated a “hold” rating and issued a $54.00 target price (up from $52.00) on shares of National Fuel Gas in a report on Friday, September 1st. Scotiabank set a $60.00 price target on shares of National Fuel Gas and gave the stock a “hold” rating in a report on Tuesday, August 22nd. BidaskClub downgraded shares of National Fuel Gas from a “buy” rating to a “hold” rating in a report on Saturday, August 5th. Finally, TheStreet raised shares of National Fuel Gas from a “c+” rating to a “b” rating in a research report on Friday, June 16th. Six research analysts have rated the stock with a hold rating, National Fuel Gas currently has a consensus rating of “Hold” and a consensus target price of $59.67.

National Fuel Gas Profile

National Fuel Gas Company is a holding company. The Company is an energy company engaged principally in the production, gathering, transportation, distribution and marketing of natural gas. The Company operates in five business segments: Exploration and Production, Pipeline and Storage, Gathering, Utility, and Energy Marketing.

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Institutional Ownership by Quarter for National Fuel Gas (NYSE:NFG)

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