New Age Alpha Advisors LLC Invests $221,000 in National Fuel Gas (NYSE:NFG)

New Age Alpha Advisors LLC acquired a new stake in shares of National Fuel Gas (NYSE:NFG) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 3,644 shares of the oil and gas producer’s stock, valued at approximately $221,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in NFG. Kentucky Trust Co bought a new position in shares of National Fuel Gas during the 4th quarter valued at about $25,000. UMB Bank n.a. boosted its holdings in 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 worth $29,000 after buying an additional 218 shares in the last quarter. S.A. Mason LLC acquired a new position in National Fuel Gas in the fourth quarter worth approximately $38,000. V Square Quantitative Management LLC increased its holdings in shares of National Fuel Gas by 49.5% in the fourth quarter. V Square Quantitative Management LLC now owns 722 shares of the oil and gas producer’s stock valued at $44,000 after buying an additional 239 shares in the last quarter. Finally, Safe Harbor Fiduciary LLC acquired a new stake in shares of National Fuel Gas during the 3rd quarter valued at $46,000. Institutional investors own 73.96% of the company’s stock.

National Fuel Gas Stock Performance

Shares of National Fuel Gas stock opened at $79.96 on Thursday. National Fuel Gas has a 12 month low of $51.46 and a 12 month high of $80.14. The company has a quick ratio of 0.33, a current ratio of 0.39 and a debt-to-equity ratio of 0.80. The stock has a market cap of $7.24 billion, a PE ratio of -571.10 and a beta of 0.57. The business has a fifty day simple moving average of $74.16 and a 200-day simple moving average of $66.08.

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

National Fuel Gas Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be paid a $0.515 dividend. The ex-dividend date is Monday, March 31st. This represents a $2.06 annualized dividend and a yield of 2.58%. National Fuel Gas’s dividend payout ratio is presently -1,471.43%.

Analyst Ratings Changes

NFG has been the topic of a number of recent research reports. JPMorgan Chase & Co. lifted their target price on National Fuel Gas from $77.00 to $81.00 and gave the stock a “neutral” rating in a report on Thursday, March 13th. StockNews.com raised shares of National Fuel Gas from a “sell” rating to a “hold” rating in a research note on Tuesday, February 4th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, National Fuel Gas currently has an average rating of “Hold” and an average price target of $74.67.

About National Fuel Gas

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.