US Capital Advisors downgraded shares of National Fuel Gas (NYSE:NFG) from an overweight rating to a hold rating in a report published on Monday. US Capital Advisors also issued estimates for National Fuel Gas’ Q4 2019 earnings at $0.59 EPS.

Several other equities research analysts have also recently issued reports on NFG. Zacks Investment Research raised shares of National Fuel Gas from a sell rating to a hold rating in a research report on Friday, February 8th. TheStreet raised shares of National Fuel Gas from a c+ rating to a b rating in a research report on Monday, December 10th. Finally, ValuEngine raised shares of National Fuel Gas from a sell rating to a hold rating in a research report on Wednesday, November 21st. Four equities research analysts have rated the stock with a hold rating, The stock presently has a consensus rating of Hold and an average target price of $66.00.

Shares of NFG stock opened at $60.23 on Monday. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.25 and a quick ratio of 1.09. National Fuel Gas has a 52 week low of $49.60 and a 52 week high of $61.19. The company has a market capitalization of $5.20 billion, a price-to-earnings ratio of 18.05, a price-to-earnings-growth ratio of 6.20 and a beta of 0.88.

National Fuel Gas (NYSE:NFG) last issued its quarterly earnings results on Thursday, January 31st. The oil and gas producer reported $1.12 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.07 by $0.05. National Fuel Gas had a net margin of 17.77% and a return on equity of 15.26%. The company had revenue of $490.25 million during the quarter, compared to analysts’ expectations of $477.76 million. As a group, equities analysts forecast that National Fuel Gas will post 3.51 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 15th. Stockholders of record on Friday, March 29th will be given a dividend of $0.425 per share. The ex-dividend date is Thursday, March 28th. This represents a $1.70 annualized dividend and a dividend yield of 2.82%. National Fuel Gas’s dividend payout ratio (DPR) is currently 50.90%.

In other news, VP Paula M. Ciprich sold 10,227 shares of National Fuel Gas stock in a transaction on Monday, February 25th. The shares were sold at an average price of $60.42, for a total transaction of $617,915.34. Following the completion of the sale, the vice president now directly owns 73,702 shares of the company’s stock, valued at approximately $4,453,074.84. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director David F. Smith sold 9,700 shares of National Fuel Gas stock in a transaction on Friday, February 8th. The stock was sold at an average price of $58.24, for a total transaction of $564,928.00. Following the sale, the director now directly owns 363,168 shares of the company’s stock, valued at $21,150,904.32. The disclosure for this sale can be found here. 2.30% of the stock is currently owned by insiders.

Institutional investors have recently added to or reduced their stakes in the company. JOYN Advisors Inc. raised its stake in National Fuel Gas by 89.5% during the 4th quarter. JOYN Advisors Inc. now owns 487 shares of the oil and gas producer’s stock worth $25,000 after acquiring an additional 230 shares in the last quarter. JNBA Financial Advisors acquired a new stake in National Fuel Gas during the 4th quarter worth $26,000. Oregon Public Employees Retirement Fund raised its stake in National Fuel Gas by 5,018.0% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 1,732,750 shares of the oil and gas producer’s stock worth $34,000 after acquiring an additional 1,698,894 shares in the last quarter. Synovus Financial Corp acquired a new stake in National Fuel Gas during the 4th quarter worth $36,000. Finally, Pearl River Capital LLC acquired a new stake in National Fuel Gas during the 4th quarter worth $36,000. 73.22% of the stock is owned by institutional investors and hedge funds.

National Fuel Gas Company Profile

National Fuel Gas Company operates as a diversified energy company. It operates through five segments: Exploration and Production, Pipeline and Storage, Gathering, Utility, and Energy Marketing. The Exploration and Production segment explores for, develops, and produces natural gas and oil in California and in the Appalachian region of the United States.

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