Dimensional Fund Advisors LP Grows Holdings in National Fuel Gas Co. (NYSE:NFG)

Dimensional Fund Advisors LP increased its stake in National Fuel Gas Co. (NYSE:NFG) by 0.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 412,006 shares of the oil and gas producer’s stock after purchasing an additional 3,717 shares during the quarter. Dimensional Fund Advisors LP owned 0.48% of National Fuel Gas worth $23,325,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Mutual of America Capital Management LLC boosted its holdings in National Fuel Gas by 1.4% in the third quarter. Mutual of America Capital Management LLC now owns 69,512 shares of the oil and gas producer’s stock worth $3,935,000 after purchasing an additional 978 shares during the last quarter. Amica Pension Fund Board of Trustees boosted its stake in shares of National Fuel Gas by 91.6% during the 3rd quarter. Amica Pension Fund Board of Trustees now owns 26,154 shares of the oil and gas producer’s stock worth $1,481,000 after acquiring an additional 12,503 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of National Fuel Gas by 2.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 347,556 shares of the oil and gas producer’s stock worth $19,679,000 after acquiring an additional 7,408 shares during the last quarter. First Trust Advisors LP boosted its stake in shares of National Fuel Gas by 300.3% during the 3rd quarter. First Trust Advisors LP now owns 288,135 shares of the oil and gas producer’s stock worth $16,311,000 after acquiring an additional 216,153 shares during the last quarter. Finally, Stevens Capital Management LP boosted its stake in shares of National Fuel Gas by 131.8% during the 3rd quarter. Stevens Capital Management LP now owns 47,653 shares of the oil and gas producer’s stock worth $2,698,000 after acquiring an additional 27,091 shares during the last quarter. Institutional investors own 70.85% of the company’s stock.

National Fuel Gas Co. (NYSE:NFG) traded down $0.21 during trading on Monday, hitting $49.71. 1,652,634 shares of the stock were exchanged, compared to its average volume of 559,863. National Fuel Gas Co. has a 12-month low of $48.31 and a 12-month high of $61.25. The company has a debt-to-equity ratio of 1.12, a quick ratio of 1.27 and a current ratio of 1.43. The company has a market cap of $4,283.22, a P/E ratio of 10.90, a PEG ratio of 4.86 and a beta of 0.88.

National Fuel Gas (NYSE:NFG) last posted its earnings results on Thursday, February 1st. The oil and gas producer reported $1.02 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.21. National Fuel Gas had a net margin of 24.93% and a return on equity of 16.36%. The firm had revenue of $419.66 million for the quarter, compared to the consensus estimate of $453.61 million. During the same period in the previous year, the firm posted $1.04 EPS. The business’s quarterly revenue was down .7% on a year-over-year basis. sell-side analysts forecast that National Fuel Gas Co. will post 3.32 earnings per share for the current year.

Several research analysts have recently weighed in on the stock. Zacks Investment Research upgraded shares of National Fuel Gas from a “hold” rating to a “buy” rating and set a $56.00 price target on the stock in a research note on Thursday. TheStreet upgraded shares of National Fuel Gas from a “c” rating to a “b-” rating in a research report on Friday, February 2nd. Jefferies Group upgraded shares of National Fuel Gas from a “hold” rating to a “buy” rating in a research report on Monday, February 5th. Sidoti upgraded shares of National Fuel Gas from a “neutral” rating to a “buy” rating and set a $69.00 price target on the stock in a report on Tuesday, January 2nd. Finally, Scotiabank set a $61.00 price target on shares of National Fuel Gas and gave the company a “hold” rating in a report on Saturday, November 25th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. National Fuel Gas presently has a consensus rating of “Buy” and a consensus target price of $61.00.

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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.

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

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