National Fuel Gas (NYSE:NFG) Shares Sold by Donald L. Hagan LLC

Donald L. Hagan LLC trimmed its holdings in shares of National Fuel Gas (NYSE:NFG) by 1.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 21,531 shares of the oil and gas producer’s stock after selling 279 shares during the period. Donald L. Hagan LLC’s holdings in National Fuel Gas were worth $1,080,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Blue Trust Inc. lifted its stake in shares of National Fuel Gas by 119.8% in the 4th quarter. Blue Trust Inc. now owns 567 shares of the oil and gas producer’s stock valued at $29,000 after purchasing an additional 309 shares during the period. Belpointe Asset Management LLC increased its holdings in National Fuel Gas by 145.5% in the 1st quarter. Belpointe Asset Management LLC now owns 572 shares of the oil and gas producer’s stock worth $33,000 after acquiring an additional 339 shares in the last quarter. Artemis Wealth Advisors LLC purchased a new stake in National Fuel Gas in the 3rd quarter worth $40,000. Stonebridge Capital Advisors LLC increased its holdings in National Fuel Gas by 68.9% in the 4th quarter. Stonebridge Capital Advisors LLC now owns 760 shares of the oil and gas producer’s stock worth $48,000 after acquiring an additional 310 shares in the last quarter. Finally, Fred Alger Management LLC purchased a new stake in National Fuel Gas in the 3rd quarter worth $54,000. 73.96% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of National Fuel Gas from a “sell” rating to a “hold” rating in a report on Wednesday, March 20th.

National Fuel Gas Trading Up 1.4 %

Shares of NFG traded up $0.74 during mid-day trading on Friday, reaching $53.72. The stock had a trading volume of 583,145 shares, compared to its average volume of 535,586. The company has a debt-to-equity ratio of 0.75, a current ratio of 0.56 and a quick ratio of 0.47. National Fuel Gas has a 52-week low of $45.32 and a 52-week high of $58.25. The business’s fifty day moving average is $49.39 and its 200 day moving average is $50.78. The firm has a market cap of $4.95 billion, a price-to-earnings ratio of 11.26, a P/E/G ratio of 1.64 and a beta of 0.62.

National Fuel Gas (NYSE:NFG) last posted its earnings results on Thursday, February 8th. The oil and gas producer reported $1.46 EPS for the quarter, beating analysts’ consensus estimates of $1.32 by $0.14. National Fuel Gas had a net margin of 21.58% and a return on equity of 14.81%. The company had revenue of $525.36 million for the quarter, compared to analysts’ expectations of $664.57 million. During the same quarter in the prior year, the company posted $1.84 earnings per share. National Fuel Gas’s revenue for the quarter was down 20.3% compared to the same quarter last year. On average, sell-side analysts predict that National Fuel Gas will post 5.19 EPS for the current fiscal year.

National Fuel Gas Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, April 15th. Shareholders of record on Thursday, March 28th will be given a $0.495 dividend. The ex-dividend date of this dividend is Wednesday, March 27th. This represents a $1.98 dividend on an annualized basis and a yield of 3.69%. National Fuel Gas’s payout ratio is currently 41.51%.

National Fuel Gas Profile

National Fuel Gas Company operates as a diversified energy company. It operates through four segments: Exploration and Production, Pipeline and Storage, Gathering, and Utility. The Exploration and Production segment explores for, develops, and produces natural gas and oil. The Pipeline and Storage segment provides interstate natural gas transportation services through an integrated gas pipeline system in Pennsylvania and New York; and owns and operates underground natural gas storage fields.