Teachers Retirement System of The State of Kentucky boosted its stake in shares of National Fuel Gas Co. (NYSE:NFG) by 9.8% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,780 shares of the oil and gas producer’s stock after acquiring an additional 1,500 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in National Fuel Gas were worth $950,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently modified their holdings of NFG. Northwestern Mutual Wealth Management Co. boosted its holdings in National Fuel Gas by 1.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,836 shares of the oil and gas producer’s stock valued at $103,000 after acquiring an additional 34 shares during the period. Cable Hill Partners LLC purchased a new stake in National Fuel Gas during the 3rd quarter valued at about $119,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in National Fuel Gas by 18.3% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,878 shares of the oil and gas producer’s stock valued at $161,000 after acquiring an additional 445 shares during the period. San Francisco Sentry Investment Group CA bought a new position in National Fuel Gas during the 2nd quarter valued at approximately $168,000. Finally, Oakbrook Investments LLC bought a new position in National Fuel Gas during the 3rd quarter valued at approximately $201,000. Institutional investors own 71.55% of the company’s stock.

NFG has been the subject of a number of recent analyst reports. Jefferies Group reaffirmed a “hold” rating and set a $54.00 price target (up previously from $52.00) on shares of National Fuel Gas in a research report on Friday, September 1st. TheStreet lowered National Fuel Gas from a “b-” rating to a “c” rating in a research report on Thursday, November 2nd. Zacks Investment Research lowered National Fuel Gas from a “hold” rating to a “sell” rating in a research report on Wednesday, November 15th. Scotiabank reaffirmed a “hold” rating and set a $60.00 price target on shares of National Fuel Gas in a research report on Friday, November 3rd. Finally, Sidoti initiated coverage on National Fuel Gas in a research report on Thursday, October 12th. They set a “neutral” rating and a $65.00 price target for the company. One equities research analyst has rated the stock with a sell rating and five have given a hold rating to the stock. National Fuel Gas currently has a consensus rating of “Hold” and an average target price of $60.00.

National Fuel Gas Co. (NYSE NFG) traded up $0.03 on Friday, reaching $58.83. The company’s stock had a trading volume of 217,581 shares, compared to its average volume of 310,031. The company has a market cap of $5,032.23, a price-to-earnings ratio of 17.82, a price-to-earnings-growth ratio of 9.95 and a beta of 0.94. 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 Co. has a fifty-two week low of $53.03 and a fifty-two week high of $61.25.

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

ILLEGAL ACTIVITY WARNING: “Teachers Retirement System of The State of Kentucky Has $950,000 Position in National Fuel Gas Co. (NFG)” was originally posted by Daily Political and is the property of of Daily Political. If you are reading this article on another publication, it was illegally copied and republished in violation of United States & international trademark and copyright law. The legal version of this article can be read at https://www.dailypolitical.com/2017/12/02/teachers-retirement-system-of-the-state-of-kentucky-has-950000-position-in-national-fuel-gas-co-nfg.html.

About National Fuel Gas

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