23,102 Shares in BW LPG Limited (NYSE:BWLP) Acquired by Susquehanna International Group Ltd.

Susquehanna International Group Ltd. bought a new position in shares of BW LPG Limited (NYSE:BWLP) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 23,102 shares of the company’s stock, valued at approximately $441,000.

Other large investors have also recently made changes to their positions in the company. Acadian Asset Management LLC purchased a new stake in shares of BW LPG during the second quarter worth approximately $56,598,000. DekaBank Deutsche Girozentrale purchased a new stake in shares of BW LPG during the second quarter worth approximately $698,000. Skandinaviska Enskilda Banken AB publ purchased a new stake in shares of BW LPG during the second quarter worth approximately $12,196,000. Bank of New York Mellon Corp purchased a new stake in shares of BW LPG during the second quarter worth approximately $2,365,000. Finally, Jupiter Asset Management Ltd. purchased a new stake in shares of BW LPG during the second quarter worth approximately $2,050,000.

BW LPG Stock Performance

BWLP stock opened at $14.37 on Friday. The stock’s 50 day moving average price is $15.26. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.45 and a current ratio of 1.63. BW LPG Limited has a fifty-two week low of $10.32 and a fifty-two week high of $22.31.

BW LPG (NYSE:BWLP) last announced its quarterly earnings results on Thursday, August 22nd. The company reported $0.58 earnings per share (EPS) for the quarter. The business had revenue of $876.49 million during the quarter.

BW LPG Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Tuesday, September 10th will be issued a $0.58 dividend. This represents a $2.32 dividend on an annualized basis and a yield of 16.14%. The ex-dividend date is Tuesday, September 10th.

BW LPG Profile

BW LPG Limited, an investment holding company, engages in ship owning and chartering activities worldwide. The company operates through Shipping and Product Services segments. The company involved in the transportation of liquefied petroleum gas to oil companies, and trading and utility companies. It also offers integrated liquified petroleum gas (LPG) delivery services and support; wholesale and trade of LPG; and management services.