National Fuel Gas (NYSE:NFG) Shares Acquired by Cobblestone Capital Advisors LLC NY

Cobblestone Capital Advisors LLC NY increased its holdings in National Fuel Gas (NYSE:NFG) by 6.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 51,443 shares of the oil and gas producer’s stock after acquiring an additional 2,947 shares during the quarter. Cobblestone Capital Advisors LLC NY owned approximately 0.06% of National Fuel Gas worth $3,122,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of NFG. MQS Management LLC increased its stake in shares of National Fuel Gas by 2.0% during the 3rd quarter. MQS Management LLC now owns 8,631 shares of the oil and gas producer’s stock valued at $523,000 after acquiring an additional 166 shares during the last quarter. UMB Bank n.a. grew its stake in shares of National Fuel Gas by 82.9% during the fourth quarter. UMB Bank n.a. now owns 481 shares of the oil and gas producer’s stock valued at $29,000 after acquiring an additional 218 shares in the last quarter. V Square Quantitative Management LLC increased its holdings in National Fuel Gas by 49.5% during the 4th quarter. V Square Quantitative Management LLC now owns 722 shares of the oil and gas producer’s stock worth $44,000 after purchasing an additional 239 shares during the last quarter. Geneos Wealth Management Inc. grew its position in shares of National Fuel Gas by 5.0% during the fourth quarter. Geneos Wealth Management Inc. now owns 5,906 shares of the oil and gas producer’s stock worth $358,000 after buying an additional 280 shares in the last quarter. Finally, GAMMA Investing LLC increased its stake in shares of National Fuel Gas by 42.7% in the fourth quarter. GAMMA Investing LLC now owns 993 shares of the oil and gas producer’s stock worth $60,000 after buying an additional 297 shares during the last quarter. Hedge funds and other institutional investors own 73.96% of the company’s stock.

National Fuel Gas Stock Up 2.2 %

NFG stock opened at $75.18 on Friday. The firm has a market cap of $6.81 billion, a price-to-earnings ratio of -536.96 and a beta of 0.64. National Fuel Gas has a 1-year low of $48.32 and a 1-year high of $75.21. The firm has a fifty day moving average price of $67.88 and a two-hundred day moving average price of $63.22. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.39 and a quick ratio of 0.33.

National Fuel Gas (NYSE:NFG) last announced its quarterly earnings data on Wednesday, January 29th. The oil and gas producer reported $1.66 earnings per share for the quarter, beating analysts’ consensus estimates of $1.44 by $0.22. National Fuel Gas had a negative net margin of 0.53% and a positive return on equity of 15.96%. During the same quarter in the prior year, the firm posted $1.46 earnings per share. Research analysts predict that National Fuel Gas will post 6.64 EPS for the current year.

National Fuel Gas Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were given a dividend of $0.515 per share. This represents a $2.06 dividend on an annualized basis and a dividend yield of 2.74%. The ex-dividend date was Tuesday, December 31st. National Fuel Gas’s payout ratio is -1,471.43%.

Analyst Ratings Changes

Several brokerages have weighed in on NFG. StockNews.com raised shares of National Fuel Gas from a “sell” rating to a “hold” rating in a report on Tuesday, February 4th. JPMorgan Chase & Co. decreased their price target on National Fuel Gas from $65.00 to $64.00 and set a “neutral” rating for the company in a research note on Tuesday, November 12th. Finally, Argus raised National Fuel Gas to a “strong-buy” rating in a report on Tuesday, November 19th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, one has given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $69.00.

Insider Buying and Selling

In other news, insider Justin I. Loweth sold 19,532 shares of the business’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $62.27, for a total transaction of $1,216,257.64. Following the completion of the transaction, the insider now owns 41,841 shares of the company’s stock, valued at approximately $2,605,439.07. The trade was a 31.83 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Donna L. Decarolis sold 10,000 shares of the stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $62.58, for a total transaction of $625,800.00. Following the completion of the sale, the insider now directly owns 81,519 shares in the company, valued at approximately $5,101,459.02. This trade represents a 10.93 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.41% of the company’s stock.

National Fuel Gas Company 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.