Thompson Siegel & Walmsley LLC Sells 33,093 Shares of National Fuel Gas (NYSE:NFG)

Thompson Siegel & Walmsley LLC lessened its position in National Fuel Gas (NYSE:NFG) by 3.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,019,035 shares of the oil and gas producer’s stock after selling 33,093 shares during the period. Thompson Siegel & Walmsley LLC owned about 1.13% of National Fuel Gas worth $61,835,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Commonwealth Equity Services LLC lifted its stake in shares of National Fuel Gas by 7.3% in the fourth quarter. Commonwealth Equity Services LLC now owns 116,683 shares of the oil and gas producer’s stock worth $7,080,000 after buying an additional 7,924 shares in the last quarter. IAG Wealth Partners LLC bought a new position in shares of National Fuel Gas in the fourth quarter worth approximately $46,000. Essential Planning LLC. bought a new position in National Fuel Gas during the fourth quarter valued at approximately $272,000. HighTower Advisors LLC lifted its position in National Fuel Gas by 33.1% during the fourth quarter. HighTower Advisors LLC now owns 32,494 shares of the oil and gas producer’s stock valued at $1,972,000 after purchasing an additional 8,086 shares during the period. Finally, Wealthfront Advisers LLC bought a new position in National Fuel Gas during the fourth quarter valued at approximately $259,000. Institutional investors own 73.96% of the company’s stock.

National Fuel Gas Stock Down 0.7 %

NFG opened at $73.69 on Thursday. The company has a current ratio of 0.39, a quick ratio of 0.33 and a debt-to-equity ratio of 0.80. National Fuel Gas has a 1-year low of $50.44 and a 1-year high of $76.26. The company has a market capitalization of $6.67 billion, a PE ratio of -526.29 and a beta of 0.57. The firm’s 50 day simple moving average is $70.06 and its two-hundred day simple moving average is $64.12.

National Fuel Gas (NYSE:NFG) last released its quarterly earnings results on Wednesday, January 29th. The oil and gas producer reported $1.66 earnings per share 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 prior year, the firm earned $1.46 EPS. As a group, equities analysts forecast that National Fuel Gas will post 6.64 EPS for the current year.

Analyst Ratings Changes

A number of brokerages recently weighed in on NFG. StockNews.com upgraded shares of National Fuel Gas from a “sell” rating to a “hold” rating in a research report on Tuesday, February 4th. Argus upgraded shares of National Fuel Gas to a “strong-buy” rating in a research report on Tuesday, November 19th. One analyst has rated the stock with a sell rating, two have issued a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average 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.