Courier Capital LLC raised its holdings in shares of National Fuel Gas Company (NYSE:NFG) by 403.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 93,369 shares of the oil and gas producer’s stock after buying an additional 74,827 shares during the quarter. Courier Capital LLC owned about 0.11% of National Fuel Gas worth $5,285,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. grew its holdings in shares of National Fuel Gas by 1.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,836 shares of the oil and gas producer’s stock worth $103,000 after buying an additional 34 shares in the last quarter. World Asset Management Inc grew its holdings in shares of National Fuel Gas by 1.5% during the second quarter. World Asset Management Inc now owns 5,725 shares of the oil and gas producer’s stock worth $320,000 after buying an additional 83 shares in the last quarter. Public Employees Retirement Association of Colorado grew its holdings in shares of National Fuel Gas by 1.3% during the second quarter. Public Employees Retirement Association of Colorado now owns 15,441 shares of the oil and gas producer’s stock worth $862,000 after buying an additional 193 shares in the last quarter. Sheaff Brock Investment Advisors LLC grew its holdings in shares of National Fuel Gas by 5.7% during the second quarter. Sheaff Brock Investment Advisors LLC now owns 3,700 shares of the oil and gas producer’s stock worth $207,000 after buying an additional 200 shares in the last quarter. Finally, Creative Planning grew its holdings in shares of National Fuel Gas by 1.5% during the second quarter. Creative Planning now owns 18,031 shares of the oil and gas producer’s stock worth $1,007,000 after buying an additional 263 shares in the last quarter. 72.23% of the stock is owned by institutional investors and hedge funds.

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Shares of National Fuel Gas Company (NYSE NFG) traded down $0.23 on Friday, hitting $57.07. 91,128 shares of the company were exchanged, compared to its average volume of 472,873. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.27 and a quick ratio of 1.16. National Fuel Gas Company has a 12-month low of $50.80 and a 12-month high of $61.25. The stock has a market capitalization of $4,942.33, a price-to-earnings ratio of 17.51, a P/E/G ratio of 9.79 and a beta of 0.95.

National Fuel Gas (NYSE:NFG) last announced its earnings results on Thursday, November 2nd. The oil and gas producer reported $0.53 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.53. The company had revenue of $286.94 million during the quarter, compared to analyst estimates of $325.81 million. National Fuel Gas had a net margin of 17.94% and a return on equity of 17.16%. National Fuel Gas’s revenue was down 1.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.66 earnings per share. equities analysts anticipate that National Fuel Gas Company will post 2.95 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Friday, October 13th. Shareholders of record on Friday, September 29th were paid a dividend of $0.415 per share. This represents a $1.66 annualized dividend and a yield of 2.91%. The ex-dividend date was Thursday, September 28th. National Fuel Gas’s dividend payout ratio (DPR) is presently 50.30%.

A number of brokerages recently issued reports on NFG. TheStreet lowered shares of National Fuel Gas from a “b-” rating to a “c” rating in a report on Thursday, November 2nd. Scotiabank reissued a “hold” rating and issued a $60.00 price objective on shares of National Fuel Gas in a report on Friday, November 3rd. Sidoti began coverage on shares of National Fuel Gas in a report on Thursday, October 12th. They issued a “neutral” rating and a $65.00 price objective for the company. Jefferies Group LLC reissued a “hold” rating and issued a $54.00 price objective on shares of National Fuel Gas in a report on Thursday, October 12th. Finally, BidaskClub lowered shares of National Fuel Gas from a “buy” rating to a “hold” rating in a report on Saturday, August 5th. Five investment analysts have rated the stock with a hold rating, National Fuel Gas has an average rating of “Hold” and a consensus target price of $59.67.

National Fuel Gas Profile

National Fuel Gas Company is a holding company. The Company is an energy company engaged principally in the production, gathering, transportation, distribution and marketing of natural gas. The Company operates in five business segments: Exploration and Production, Pipeline and Storage, Gathering, Utility, and Energy Marketing.

Institutional Ownership by Quarter for National Fuel Gas (NYSE:NFG)

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