Deprince Race & Zollo Inc. Increases Holdings in National Fuel Gas Co. (NYSE:NFG)

Deprince Race & Zollo Inc. lifted its position in National Fuel Gas Co. (NYSE:NFG) by 13.1% in the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 300,500 shares of the oil and gas producer’s stock after purchasing an additional 34,790 shares during the period. Deprince Race & Zollo Inc. owned 0.35% of National Fuel Gas worth $15,851,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Farmers National Bank purchased a new stake in shares of National Fuel Gas in the first quarter valued at approximately $48,000. Advisory Alpha LLC bought a new position in National Fuel Gas in the first quarter worth approximately $50,000. FinTrust Capital Advisors LLC bought a new position in National Fuel Gas in the second quarter worth approximately $53,000. Steward Partners Investment Advisory LLC bought a new position in National Fuel Gas in the second quarter worth approximately $69,000. Finally, Trust Co. of Vermont raised its stake in National Fuel Gas by 62.8% in the second quarter. Trust Co. of Vermont now owns 1,814 shares of the oil and gas producer’s stock worth $96,000 after buying an additional 700 shares in the last quarter. Hedge funds and other institutional investors own 73.27% of the company’s stock.

A number of equities analysts recently commented on NFG shares. TheStreet downgraded shares of National Fuel Gas from a “b” rating to a “c+” rating in a research note on Friday, July 19th. Zacks Investment Research raised shares of National Fuel Gas from a “strong sell” rating to a “hold” rating and set a $41.00 price objective for the company in a research note on Thursday, August 8th. Finally, ValuEngine downgraded shares of National Fuel Gas from a “hold” rating to a “sell” rating in a research note on Thursday, July 18th.

Shares of NYSE:NFG opened at $49.79 on Thursday. The company has a market capitalization of $4.25 billion, a price-to-earnings ratio of 14.91, a price-to-earnings-growth ratio of 4.88 and a beta of 0.76. National Fuel Gas Co. has a 52 week low of $45.47 and a 52 week high of $61.71. The company has a quick ratio of 0.88, a current ratio of 1.02 and a debt-to-equity ratio of 1.00. The firm has a 50 day moving average of $47.14 and a 200 day moving average of $54.53.

National Fuel Gas (NYSE:NFG) last issued its quarterly earnings data on Thursday, August 1st. The oil and gas producer reported $0.71 EPS for the quarter, topping analysts’ consensus estimates of $0.63 by $0.08. The company had revenue of $357.20 million during the quarter, compared to the consensus estimate of $400.88 million. National Fuel Gas had a net margin of 17.46% and a return on equity of 14.53%. National Fuel Gas’s revenue for the quarter was up 4.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.73 earnings per share. On average, sell-side analysts expect that National Fuel Gas Co. will post 3.53 EPS for the current year.

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

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