Dorian LPG Ltd. (NYSE:LPG) Stock Holdings Lifted by WINTON GROUP Ltd

WINTON GROUP Ltd grew its holdings in Dorian LPG Ltd. (NYSE:LPG) by 42.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 45,298 shares of the shipping company’s stock after purchasing an additional 13,452 shares during the quarter. WINTON GROUP Ltd’s holdings in Dorian LPG were worth $1,104,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Beacon Capital Management LLC grew its holdings in Dorian LPG by 61.1% in the 4th quarter. Beacon Capital Management LLC now owns 1,128 shares of the shipping company’s stock valued at $27,000 after buying an additional 428 shares during the last quarter. Heck Capital Advisors LLC bought a new position in Dorian LPG in the 4th quarter valued at $37,000. KBC Group NV raised its holdings in shares of Dorian LPG by 84.6% in the fourth quarter. KBC Group NV now owns 2,075 shares of the shipping company’s stock valued at $51,000 after buying an additional 951 shares during the last quarter. GAMMA Investing LLC lifted its position in shares of Dorian LPG by 146.2% during the fourth quarter. GAMMA Investing LLC now owns 2,194 shares of the shipping company’s stock worth $53,000 after purchasing an additional 1,303 shares in the last quarter. Finally, SBI Securities Co. Ltd. acquired a new position in Dorian LPG during the 4th quarter worth $135,000. 62.50% of the stock is owned by institutional investors and hedge funds.

Dorian LPG Trading Up 0.3 %

NYSE:LPG opened at $22.49 on Friday. The business has a 50 day moving average price of $22.67 and a two-hundred day moving average price of $26.54. The company has a quick ratio of 3.95, a current ratio of 3.97 and a debt-to-equity ratio of 0.48. The company has a market cap of $962.79 million, a P/E ratio of 5.72 and a beta of 0.87. Dorian LPG Ltd. has a twelve month low of $19.36 and a twelve month high of $51.66.

Dorian LPG (NYSE:LPG) last released its earnings results on Friday, January 31st. The shipping company reported $0.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.35 by $0.08. Dorian LPG had a return on equity of 15.14% and a net margin of 38.51%. During the same period in the prior year, the company earned $2.62 EPS. As a group, analysts expect that Dorian LPG Ltd. will post 2.6 EPS for the current fiscal year.

Dorian LPG Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, February 27th. Stockholders of record on Wednesday, February 5th were issued a $0.70 dividend. The ex-dividend date of this dividend was Wednesday, February 5th. Dorian LPG’s payout ratio is 25.45%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Jefferies Financial Group reiterated a “buy” rating and set a $35.00 price target on shares of Dorian LPG in a research report on Friday, January 31st. Pareto Securities upgraded Dorian LPG to a “buy” rating in a report on Tuesday, February 4th.

Dorian LPG Company Profile

Dorian LPG Ltd., together with its subsidiaries, engages in the transportation of liquefied petroleum gas through its LPG tankers worldwide. It owns and operates twenty-five very large gas carriers. The company was incorporated in 2013 and is headquartered in Stamford, Connecticut.