750 Shares in National Fuel Gas (NYSE:NFG) Purchased by IAG Wealth Partners LLC

IAG Wealth Partners LLC acquired a new position in National Fuel Gas (NYSE:NFG) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 750 shares of the oil and gas producer’s stock, valued at approximately $46,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Kentucky Trust Co purchased a new position in shares of National Fuel Gas during the fourth quarter valued at approximately $25,000. UMB Bank n.a. raised its holdings in National Fuel Gas by 82.9% in the 4th quarter. UMB Bank n.a. now owns 481 shares of the oil and gas producer’s stock worth $29,000 after acquiring an additional 218 shares during the last quarter. Venturi Wealth Management LLC purchased a new position in National Fuel Gas in the 3rd quarter worth approximately $35,000. S.A. Mason LLC purchased a new position in National Fuel Gas in the 4th quarter worth approximately $38,000. Finally, V Square Quantitative Management LLC raised its holdings in National Fuel Gas by 49.5% in the 4th quarter. V Square Quantitative Management LLC now owns 722 shares of the oil and gas producer’s stock worth $44,000 after acquiring an additional 239 shares during the last quarter. 73.96% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. StockNews.com upgraded shares of National Fuel Gas from a “sell” rating to a “hold” rating in a report on Tuesday, February 4th. Argus raised shares of National Fuel Gas to a “strong-buy” rating in a research report on Tuesday, November 19th. One investment 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 stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $69.00.

National Fuel Gas Stock Down 0.7 %

Shares of NFG stock opened at $73.69 on Thursday. The stock has a market cap of $6.67 billion, a P/E ratio of -526.29 and a beta of 0.57. National Fuel Gas has a 52 week low of $50.44 and a 52 week high of $76.26. 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 company’s fifty day simple moving average is $70.06 and its two-hundred day simple moving average is $64.12.

National Fuel Gas (NYSE:NFG) last announced its quarterly earnings results on Wednesday, January 29th. The oil and gas producer reported $1.66 EPS for the quarter, topping the consensus estimate 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 period in the previous year, the company posted $1.46 EPS. Analysts predict that National Fuel Gas will post 6.64 EPS for the current fiscal year.

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.