Dorian LPG Ltd (NYSE:LPG) Director Christina Tan bought 20,090 shares of the business’s stock in a transaction on Tuesday, December 4th. The stock was purchased at an average cost of $6.94 per share, for a total transaction of $139,424.60. Following the transaction, the director now owns 65,993 shares of the company’s stock, valued at $457,991.42. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

NYSE LPG traded down $0.09 on Friday, reaching $6.58. The stock had a trading volume of 86,700 shares, compared to its average volume of 223,417. The firm has a market cap of $380.10 million, a price-to-earnings ratio of -10.61 and a beta of 0.83. The company has a quick ratio of 1.13, a current ratio of 1.15 and a debt-to-equity ratio of 0.71. Dorian LPG Ltd has a 12-month low of $6.56 and a 12-month high of $8.80.

Dorian LPG (NYSE:LPG) last announced its earnings results on Wednesday, October 31st. The shipping company reported ($0.17) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.18) by $0.01. The company had revenue of $40.81 million for the quarter, compared to analyst estimates of $38.32 million. Dorian LPG had a negative return on equity of 4.58% and a negative net margin of 20.11%. Analysts anticipate that Dorian LPG Ltd will post -0.71 EPS for the current fiscal year.

A number of brokerages have issued reports on LPG. Zacks Investment Research lowered Dorian LPG from a “buy” rating to a “hold” rating in a research report on Wednesday, November 7th. ValuEngine raised Dorian LPG from a “hold” rating to a “buy” rating in a research report on Tuesday, October 2nd.

Hedge funds and other institutional investors have recently made changes to their positions in the business. BlackRock Inc. raised its position in Dorian LPG by 24.0% in the second quarter. BlackRock Inc. now owns 1,748,563 shares of the shipping company’s stock valued at $13,359,000 after purchasing an additional 338,709 shares during the period. California Public Employees Retirement System grew its stake in shares of Dorian LPG by 8.1% in the second quarter. California Public Employees Retirement System now owns 98,748 shares of the shipping company’s stock worth $754,000 after acquiring an additional 7,420 shares in the last quarter. Royce & Associates LP grew its stake in shares of Dorian LPG by 6.3% in the second quarter. Royce & Associates LP now owns 2,256,629 shares of the shipping company’s stock worth $17,241,000 after acquiring an additional 134,500 shares in the last quarter. United Services Automobile Association grew its stake in shares of Dorian LPG by 17.5% in the second quarter. United Services Automobile Association now owns 566,167 shares of the shipping company’s stock worth $4,326,000 after acquiring an additional 84,210 shares in the last quarter. Finally, FNY Investment Advisers LLC acquired a new position in shares of Dorian LPG in the third quarter worth $157,000. 56.21% of the stock is currently owned by institutional investors.

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Dorian LPG Company Profile

Dorian LPG Ltd., together with its subsidiaries, engages in the transportation of liquefied petroleum gas (LPG) through its LPG tankers worldwide. It owns and operates very large gas carriers (VLGCs). As of June 26, 2018, its fleet consisted of 22 VLGCs with carrying capacity of approximately 1.8 million cubic meters.

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