Private Advisor Group LLC boosted its holdings in shares of National Fuel Gas Co. (NYSE:NFG) by 92.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 29,596 shares of the oil and gas producer’s stock after buying an additional 14,200 shares during the period. Private Advisor Group LLC’s holdings in National Fuel Gas were worth $1,687,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. boosted its stake in shares of 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 worth $103,000 after acquiring an additional 34 shares in the last quarter. Cable Hill Partners LLC bought a new stake in shares of National Fuel Gas in the 3rd quarter worth approximately $119,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of National Fuel Gas by 18.3% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,878 shares of the oil and gas producer’s stock worth $161,000 after acquiring an additional 445 shares during the period. San Francisco Sentry Investment Group CA acquired a new stake in National Fuel Gas during the 2nd quarter valued at $168,000. Finally, Oakbrook Investments LLC acquired a new stake in National Fuel Gas during the 3rd quarter valued at $201,000. 71.58% of the stock is currently owned by hedge funds and other institutional investors.

National Fuel Gas Co. (NYSE NFG) traded down $0.67 during trading hours on Thursday, hitting $57.57. The stock had a trading volume of 228,300 shares, compared to its average volume of 460,284. National Fuel Gas Co. has a 1-year low of $53.03 and a 1-year high of $61.25. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.27 and a quick ratio of 1.16. The company has a market cap of $4,984.31, a price-to-earnings ratio of 17.65, a P/E/G ratio of 9.94 and a beta of 0.94.

National Fuel Gas (NYSE:NFG) last posted its quarterly earnings results on Thursday, November 2nd. The oil and gas producer reported $0.53 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.53. National Fuel Gas had a return on equity of 17.16% and a net margin of 17.94%. The business had revenue of $286.94 million for the quarter, compared to analyst estimates of $325.81 million. During the same period last year, the company earned $0.66 EPS. The firm’s revenue was down 1.9% on a year-over-year basis. sell-side analysts predict that National Fuel Gas Co. will post 2.93 earnings per share for the current year.

A number of equities research analysts recently weighed in on the company. Scotiabank set a $61.00 price target on National Fuel Gas and gave the company a “hold” rating in a report on Saturday, November 25th. Zacks Investment Research cut National Fuel Gas from a “hold” rating to a “sell” rating in a report on Wednesday, November 15th. TheStreet cut National Fuel Gas from a “b-” rating to a “c” rating in a research note on Thursday, November 2nd. Sidoti initiated coverage on National Fuel Gas in a research note on Thursday, October 12th. They issued a “neutral” rating and a $65.00 target price for the company. Finally, Jefferies Group reissued a “hold” rating and issued a $54.00 target price on shares of National Fuel Gas in a research note on Thursday, October 12th. One research analyst has rated the stock with a sell rating and five have issued a hold rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $60.00.

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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)

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