Whittier Trust Co. of Nevada Inc. Maintains Stake in National Fuel Gas Company (NFG)

Whittier Trust Co. of Nevada Inc. maintained its stake in National Fuel Gas Company (NYSE:NFG) during the second quarter, according to its most recent disclosure with the SEC. The fund owned 2,387 shares of the oil and gas producer’s stock at the end of the second quarter. Whittier Trust Co. of Nevada Inc.’s holdings in National Fuel Gas were worth $133,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. Fifth Third Bancorp boosted its stake in shares of National Fuel Gas by 87.3% in the first quarter. Fifth Third Bancorp now owns 2,841 shares of the oil and gas producer’s stock valued at $169,000 after buying an additional 1,324 shares in the last quarter. Karpas Strategies LLC bought a new stake in shares of National Fuel Gas during the first quarter valued at about $203,000. Pennsylvania Trust Co bought a new stake in shares of National Fuel Gas during the first quarter valued at about $205,000. IFC Holdings Incorporated FL bought a new stake in shares of National Fuel Gas during the first quarter valued at about $205,000. Finally, Sheaff Brock Investment Advisors LLC bought a new stake in shares of National Fuel Gas during the first quarter valued at about $209,000. Hedge funds and other institutional investors own 69.37% of the company’s stock.

Shares of National Fuel Gas Company (NYSE NFG) traded down 0.84% on Friday, hitting $58.11. 357,026 shares of the stock traded hands. The company has a market cap of $4.97 billion, a PE ratio of 18.10 and a beta of 0.97. The stock has a 50 day moving average of $57.91 and a 200 day moving average of $57.72. National Fuel Gas Company has a one year low of $50.61 and a one year high of $61.25.

National Fuel Gas (NYSE:NFG) last announced its earnings results on Thursday, August 3rd. The oil and gas producer reported $0.69 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.69. The company had revenue of $348.37 million during the quarter, compared to analyst estimates of $373.86 million. National Fuel Gas had a net margin of 17.38% and a return on equity of 18.31%. During the same quarter last year, the firm posted $0.68 earnings per share. Equities analysts anticipate that National Fuel Gas Company will post $3.27 earnings per share for the current year.

TRADEMARK VIOLATION WARNING: “Whittier Trust Co. of Nevada Inc. Maintains Stake in National Fuel Gas Company (NFG)” was originally reported by BNB Daily and is owned by of BNB Daily. If you are viewing this article on another publication, it was stolen and republished in violation of US and international trademark and copyright laws. The correct version of this article can be viewed at https://www.baseball-news-blog.com/2017/08/19/national-fuel-gas-company-nfg-stake-held-by-whittier-trust-co-of-nevada-inc-updated-updated-updated.html.

Several brokerages recently issued reports on NFG. Scotiabank set a $58.00 target price on shares of National Fuel Gas and gave the stock a “hold” rating in a report on Saturday, July 1st. BidaskClub cut shares of National Fuel Gas from a “buy” rating to a “hold” rating in a report on Saturday, August 5th. Jefferies Group LLC restated a “hold” rating and issued a $52.00 target price on shares of National Fuel Gas in a report on Friday, July 14th. ValuEngine cut shares of National Fuel Gas from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Finally, TheStreet upgraded shares of National Fuel Gas from a “c+” rating to a “b” rating in a report on Friday, June 16th. Six investment analysts have rated the stock with a hold rating, National Fuel Gas presently has an average rating of “Hold” and an average target price of $58.33.

National Fuel Gas Company 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)

Receive News & Ratings for National Fuel Gas Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Fuel Gas Company and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply