IAG Wealth Partners LLC Buys Shares of 750 National Fuel Gas (NYSE:NFG)

IAG Wealth Partners LLC bought a new stake in National Fuel Gas (NYSE:NFG) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 750 shares of the oil and gas producer’s stock, valued at approximately $46,000.

Other institutional investors also recently bought and sold shares of the company. Kentucky Trust Co acquired a new stake in National Fuel Gas in the fourth quarter valued at approximately $25,000. UMB Bank n.a. boosted its stake in National Fuel Gas by 82.9% in the fourth quarter. UMB Bank n.a. now owns 481 shares of the oil and gas producer’s stock valued at $29,000 after acquiring an additional 218 shares in the last quarter. Venturi Wealth Management LLC acquired a new stake in National Fuel Gas in the third quarter valued at approximately $35,000. S.A. Mason LLC acquired a new stake in National Fuel Gas in the fourth quarter valued at approximately $38,000. Finally, V Square Quantitative Management LLC boosted its stake 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 acquiring an additional 239 shares in the last quarter. 73.96% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. Argus upgraded shares of National Fuel Gas to a “strong-buy” rating in a research note on Tuesday, November 19th. StockNews.com upgraded shares of National Fuel Gas from a “sell” rating to a “hold” rating in a research note on Tuesday, February 4th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $69.00.

National Fuel Gas Trading Down 0.7 %

NYSE:NFG opened at $73.69 on Thursday. National Fuel Gas has a 12 month low of $50.44 and a 12 month high of $76.26. The firm has a fifty day simple moving average of $70.06 and a 200-day simple moving average of $64.12. The company has a current ratio of 0.39, a quick ratio of 0.33 and a debt-to-equity ratio of 0.80. The company has a market capitalization of $6.67 billion, a P/E ratio of -526.29 and a beta of 0.57.

National Fuel Gas (NYSE:NFG) last posted its earnings results on Wednesday, January 29th. The oil and gas producer reported $1.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 quarter in the prior year, the firm earned $1.46 earnings per share. On average, equities research analysts anticipate that National Fuel Gas will post 6.64 earnings per share for the current year.

National Fuel Gas 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.