1 week Ago By ABMN Staff
Legal & General Group Plc reduced its stake in shares of BW LPG Limited ( NYSE:BWLP – Free Report ) by 15.7% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 91,520 shares of the company’s stock after selling 17,034 shares during the period.
Legal & General Group Plc’s holdings in BW LPG were worth $1,014,000 as of its most recent SEC filing. Other institutional investors and hedge funds have also modified their holdings of the company. SBI Securities Co.
Ltd. acquired a new position in BW LPG during the fourth quarter worth $26,000. Avior Wealth Management LLC boosted its stake in shares of BW LPG by 98.
0% during the 4th quarter. Avior Wealth Management LLC now owns 5,862 shares of the company’s stock worth $67,000 after acquiring an additional 2,902 shares in the last quarter. Franklin Resources Inc.
bought a new position in shares of BW LPG in the 4th quarter valued at approximately $233,000. Jane Street Group LLC acquired a new stake in BW LPG in the 3rd quarter worth approximately $305,000. Finally, Exchange Traded Concepts LLC boosted its position in BW LPG by 30.
4% during the fourth quarter. Exchange Traded Concepts LLC now owns 28,301 shares of the company’s stock worth $321,000 after purchasing an additional 6,601 shares during the period. BW LPG Stock Performance NYSE:BWLP opened at $10.
52 on Monday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.
16 and a current ratio of 1.34. The firm’s 50-day moving average is $10.
56 and its 200-day moving average is $11.78. BW LPG Limited has a 52-week low of $7.
86 and a 52-week high of $22.31. The company has a market cap of $1.
39 billion and a price-to-earnings ratio of 3.95. BW LPG Announces Dividend The company also recently announced a quarterly dividend, which was paid on Monday, March 24th.
Stockholders of record on Monday, March 10th were paid a $0.42 dividend. The ex-dividend date of this dividend was Monday, March 10th.
This represents a $1.68 annualized dividend and a dividend yield of 15.97%.
BW LPG’s dividend payout ratio is presently 63.16%. Wall Street Analysts Forecast Growth Separately, Pareto Securities upgraded shares of BW LPG from a “hold” rating to a “buy” rating in a report on Thursday, January 30th.
Get Our Latest Report on BWLP About BW LPG ( Free Report ) BW LPG Limited, an investment holding company, engages in ship owning and chartering activities worldwide. The company operates through Shipping and Product Services segments. The company involved in the transportation of liquefied petroleum gas to oil companies, and trading and utility companies.
It also offers integrated liquified petroleum gas (LPG) delivery services and support; wholesale and trade of LPG; and management services. Further Reading Want to see what other hedge funds are holding BWLP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BW LPG Limited ( NYSE:BWLP – Free Report ).
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