AlphaQuest LLC Has $1.93 Million Holdings in National Fuel Gas (NYSE:NFG)

AlphaQuest LLC boosted its stake in National Fuel Gas (NYSE:NFG) by 1,014.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,795 shares of the oil and gas producer’s stock after buying an additional 28,942 shares during the quarter. AlphaQuest LLC’s holdings in National Fuel Gas were worth $1,929,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of NFG. MQS Management LLC boosted its stake in shares of National Fuel Gas by 2.0% in the 3rd quarter. MQS Management LLC now owns 8,631 shares of the oil and gas producer’s stock valued at $523,000 after purchasing an additional 166 shares in the last quarter. UMB Bank n.a. increased its position in shares of National Fuel Gas by 82.9% during the 4th quarter. UMB Bank n.a. now owns 481 shares of the oil and gas producer’s stock worth $29,000 after purchasing an additional 218 shares in the last quarter. V Square Quantitative Management LLC boosted its position in 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. Geneos Wealth Management Inc. boosted its position in National Fuel Gas by 5.0% in the fourth quarter. Geneos Wealth Management Inc. now owns 5,906 shares of the oil and gas producer’s stock valued at $358,000 after buying an additional 280 shares in the last quarter. Finally, GAMMA Investing LLC grew its stake in National Fuel Gas by 42.7% during the fourth quarter. GAMMA Investing LLC now owns 993 shares of the oil and gas producer’s stock worth $60,000 after buying an additional 297 shares during the last quarter. 73.96% of the stock is currently owned by institutional investors.

National Fuel Gas Price Performance

NFG opened at $74.12 on Friday. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.39 and a quick ratio of 0.33. The stock has a market capitalization of $6.71 billion, a P/E ratio of -529.40 and a beta of 0.57. The company’s 50 day simple moving average is $69.26 and its 200-day simple moving average is $63.80. National Fuel Gas has a one year low of $50.44 and a one year high of $76.26.

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, beating 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 period last year, the business posted $1.46 EPS. Sell-side analysts anticipate that National Fuel Gas will post 6.64 earnings per share for the current fiscal year.

Analysts Set New Price Targets

NFG has been the subject of a number of research analyst reports. Argus upgraded shares of National Fuel Gas to a “strong-buy” rating in a research note on Tuesday, November 19th. JPMorgan Chase & Co. cut their price objective on National Fuel Gas from $65.00 to $64.00 and set a “neutral” rating for the company in a research report on Tuesday, November 12th. Finally, StockNews.com raised National Fuel Gas from a “sell” rating to a “hold” rating in a research note on Tuesday, February 4th. One research analyst has rated the stock with a sell rating, two have given a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $69.00.

National Fuel Gas Company Profile

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.