Dorian LPG Ltd. (NYSE:LPG) Stock Holdings Trimmed by James Investment Research Inc.

James Investment Research Inc. lowered its holdings in shares of Dorian LPG Ltd. (NYSE:LPG) by 47.8% during the 4th quarter, Holdings Channel reports. The fund owned 10,346 shares of the shipping company’s stock after selling 9,490 shares during the period. James Investment Research Inc.’s holdings in Dorian LPG were worth $252,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in LPG. CWM LLC raised its stake in Dorian LPG by 285.4% during the 3rd quarter. CWM LLC now owns 2,058 shares of the shipping company’s stock valued at $71,000 after acquiring an additional 1,524 shares in the last quarter. International Assets Investment Management LLC bought a new stake in Dorian LPG during the 3rd quarter valued at $2,238,000. State of Alaska Department of Revenue raised its stake in Dorian LPG by 3.3% during the 3rd quarter. State of Alaska Department of Revenue now owns 20,672 shares of the shipping company’s stock valued at $711,000 after acquiring an additional 652 shares in the last quarter. New York State Teachers Retirement System raised its stake in shares of Dorian LPG by 1.9% in the 3rd quarter. New York State Teachers Retirement System now owns 21,640 shares of the shipping company’s stock worth $745,000 after buying an additional 394 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its stake in shares of Dorian LPG by 98.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 20,577 shares of the shipping company’s stock worth $708,000 after buying an additional 10,229 shares in the last quarter. Institutional investors own 62.50% of the company’s stock.

Dorian LPG Stock Down 0.8 %

LPG opened at $22.58 on Monday. Dorian LPG Ltd. has a one year low of $22.23 and a one year high of $51.66. The company has a debt-to-equity ratio of 0.48, a quick ratio of 4.20 and a current ratio of 3.97. The stock’s fifty day moving average is $24.29 and its 200-day moving average is $29.75. The company has a market capitalization of $966.25 million, a PE ratio of 5.74 and a beta of 0.91.

Dorian LPG (NYSE:LPG) last posted its quarterly earnings data on Friday, January 31st. The shipping company reported $0.43 EPS for the quarter, topping 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 firm posted $2.62 EPS. On average, equities analysts predict that Dorian LPG Ltd. will post 2.6 EPS for the current fiscal year.

Dorian LPG Cuts Dividend

The business also recently announced a dividend, which will be paid on Thursday, February 27th. Investors of record on Wednesday, February 5th will be issued a $0.70 dividend. The ex-dividend date is Wednesday, February 5th.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group reissued a “buy” rating and issued a $35.00 price objective on shares of Dorian LPG in a research note on Friday, January 31st.

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.