Donald L. Hagan LLC Purchases 183 Shares of National Fuel Gas (NYSE:NFG)

Donald L. Hagan LLC lifted its position in National Fuel Gas (NYSE:NFG) by 1.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 15,598 shares of the oil and gas producer’s stock after purchasing an additional 183 shares during the quarter. Donald L. Hagan LLC’s holdings in National Fuel Gas were worth $1,235,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in NFG. SG Americas Securities LLC purchased a new position in shares of National Fuel Gas in the 1st quarter worth about $900,000. Ibex Wealth Advisors raised its holdings in shares of National Fuel Gas by 0.9% during the 1st quarter. Ibex Wealth Advisors now owns 82,185 shares of the oil and gas producer’s stock valued at $6,508,000 after buying an additional 722 shares in the last quarter. GAMMA Investing LLC raised its holdings in shares of National Fuel Gas by 67.4% during the 1st quarter. GAMMA Investing LLC now owns 1,662 shares of the oil and gas producer’s stock valued at $132,000 after buying an additional 669 shares in the last quarter. CHICAGO TRUST Co NA purchased a new position in shares of National Fuel Gas during the 1st quarter valued at about $683,000. Finally, Park Avenue Securities LLC purchased a new position in shares of National Fuel Gas during the 1st quarter valued at about $288,000. Institutional investors own 73.96% of the company’s stock.

National Fuel Gas Price Performance

NFG opened at $84.09 on Friday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.33 and a current ratio of 0.39. National Fuel Gas has a 52-week low of $53.03 and a 52-week high of $84.60. The stock has a market capitalization of $7.60 billion, a PE ratio of -600.60 and a beta of 0.62. The stock’s 50 day moving average price is $79.91 and its 200-day moving average price is $72.79.

National Fuel Gas (NYSE:NFG) last posted its earnings results on Wednesday, April 30th. The oil and gas producer reported $2.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.18 by $0.21. National Fuel Gas had a positive return on equity of 15.96% and a negative net margin of 0.53%. The firm had revenue of $729.95 million for the quarter, compared to analysts’ expectations of $770.81 million. During the same period in the previous year, the firm earned $1.79 earnings per share. The business’s revenue was up 15.9% compared to the same quarter last year. On average, equities research analysts predict that National Fuel Gas will post 6.64 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the company. Bank of America raised their price objective on National Fuel Gas from $77.00 to $85.00 and gave the company an “underperform” rating in a report on Friday, May 23rd. Wall Street Zen raised National Fuel Gas from a “hold” rating to a “buy” rating in a report on Friday, May 30th. Finally, JPMorgan Chase & Co. raised their price objective on National Fuel Gas from $77.00 to $81.00 and gave the company a “neutral” rating in a report on Thursday, March 13th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, two have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, National Fuel Gas has a consensus rating of “Moderate Buy” and an average target price of $82.33.

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.