AQR Capital Administration LLC boosted its holdings in Nationwide Gasoline Gasoline (NYSE:NFG – Free Report) by 159.5% throughout the 2nd quarter, HoldingsChannel reviews. The institutional investor owned 880,434 shares of the oil and fuel producer’s inventory after shopping for an extra 541,176 shares throughout the quarter. AQR Capital Administration LLC’s holdings in Nationwide Gasoline Gasoline had been value $47,711,000 on the finish of the newest reporting interval.
A lot of different institutional buyers and hedge funds additionally not too long ago modified their holdings of NFG. HBK Sorce Advisory LLC grew its holdings in shares of Nationwide Gasoline Gasoline by 1.0% within the 1st quarter. HBK Sorce Advisory LLC now owns 21,743 shares of the oil and fuel producer’s inventory value $1,168,000 after buying an extra 225 shares over the last quarter. Monetary Advocates Funding Administration boosted its place in shares of Nationwide Gasoline Gasoline by 6.2% within the 2nd quarter. Monetary Advocates Funding Administration now owns 4,182 shares of the oil and fuel producer’s inventory valued at $227,000 after buying an extra 243 shares throughout the interval. CANADA LIFE ASSURANCE Co elevated its stake in Nationwide Gasoline Gasoline by 0.5% within the 1st quarter. CANADA LIFE ASSURANCE Co now owns 53,460 shares of the oil and fuel producer’s inventory value $2,873,000 after buying an extra 244 shares within the final quarter. Mcintyre Freedman & Flynn Funding Advisers Inc. raised its holdings in Nationwide Gasoline Gasoline by 0.5% throughout the 1st quarter. Mcintyre Freedman & Flynn Funding Advisers Inc. now owns 61,486 shares of the oil and fuel producer’s inventory value $3,303,000 after shopping for an extra 277 shares throughout the interval. Lastly, WNY Asset Administration LLC lifted its stake in Nationwide Gasoline Gasoline by 0.9% throughout the first quarter. WNY Asset Administration LLC now owns 33,421 shares of the oil and fuel producer’s inventory valued at $1,795,000 after shopping for an extra 313 shares within the final quarter. Institutional buyers and hedge funds personal 73.96% of the corporate’s inventory.
Wall Avenue Analysts Forecast Development
A lot of equities analysis analysts have not too long ago issued reviews on NFG shares. Scotiabank boosted their value goal on shares of Nationwide Gasoline Gasoline from $80.00 to $81.00 and gave the corporate a “sector outperform” ranking in a report on Tuesday, August twentieth. JPMorgan Chase & Co. lower their goal value on shares of Nationwide Gasoline Gasoline from $64.00 to $62.00 and set a “impartial” ranking on the inventory in a analysis be aware on Thursday, September twelfth. Lastly, StockNews.com lower Nationwide Gasoline Gasoline from a “maintain” ranking to a “promote” ranking in a analysis report on Monday, August fifth.
Test Out Our Newest Evaluation on NFG
Nationwide Gasoline Gasoline Worth Efficiency
Shares of NFG opened at $60.61 on Friday. The corporate has a debt-to-equity ratio of 0.85, a present ratio of 0.77 and a fast ratio of 0.65. The corporate has a market capitalization of $5.57 billion, a price-to-earnings ratio of 12.03 and a beta of 0.62. The enterprise’s 50-day shifting common is $59.22 and its 200-day shifting common is $56.21. Nationwide Gasoline Gasoline has a fifty-two week low of $45.32 and a fifty-two week excessive of $61.56.
Nationwide Gasoline Gasoline (NYSE:NFG – Get Free Report) final launched its earnings outcomes on Wednesday, July thirty first. The oil and fuel producer reported $0.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.96 by $0.03. Nationwide Gasoline Gasoline had a internet margin of 16.42% and a return on fairness of 14.80%. The corporate had income of $417.40 million throughout the quarter, in comparison with the consensus estimate of $540.62 million. Throughout the identical quarter within the prior yr, the agency earned $1.01 EPS. The corporate’s income was down 2.6% in comparison with the identical quarter final yr. Equities analysis analysts count on that Nationwide Gasoline Gasoline will put up 5.04 EPS for the present fiscal yr.
Nationwide Gasoline Gasoline Dividend Announcement
The corporate additionally not too long ago introduced a quarterly dividend, which will likely be paid on Tuesday, October fifteenth. Shareholders of report on Monday, September thirtieth will likely be paid a $0.515 dividend. The ex-dividend date is Monday, September thirtieth. This represents a $2.06 dividend on an annualized foundation and a yield of three.40%. Nationwide Gasoline Gasoline’s dividend payout ratio (DPR) is at the moment 40.87%.
Insiders Place Their Bets
In associated information, Normal Counsel Michael W. Reville bought 1,700 shares of the inventory in a transaction that occurred on Wednesday, September twenty fifth. The inventory was bought at a mean value of $60.77, for a complete worth of $103,309.00. Following the transaction, the final counsel now owns 8,203 shares within the firm, valued at $498,496.31. The transaction was disclosed in a submitting with the Securities & Change Fee, which is on the market at this hyperlink. Insiders personal 1.55% of the corporate’s inventory.
Nationwide Gasoline Gasoline Firm Profile
Nationwide Gasoline Gasoline Firm operates as a diversified power firm. It operates by means of 4 segments: Exploration and Manufacturing, Pipeline and Storage, Gathering, and Utility. The Exploration and Manufacturing section explores for, develops, and produces pure fuel and oil. The Pipeline and Storage section supplies interstate pure fuel transportation companies by means of an built-in fuel pipeline system in Pennsylvania and New York; and owns and operates underground pure fuel storage fields.
Featured Articles
Need to see what different hedge funds are holding NFG? Go to HoldingsChannel.com to get the newest 13F filings and insider trades for Nationwide Gasoline Gasoline (NYSE:NFG – Free Report).
Obtain Information & Scores for Nationwide Gasoline Gasoline Every day – Enter your e-mail tackle beneath to obtain a concise each day abstract of the newest information and analysts’ rankings for Nationwide Gasoline Gasoline and associated firms with MarketBeat.com’s FREE each day e-mail e-newsletter.