2 days Ago By Defense World Staff
American Century Companies Inc. grew its position in Dorian LPG Ltd. ( NYSE:LPG – Free Report ) by 14.
2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,063,865 shares of the shipping company’s stock after purchasing an additional 132,542 shares during the period. American Century Companies Inc.
owned approximately 2.62% of Dorian LPG worth $44,640,000 at the end of the most recent quarter. Several other institutional investors and hedge funds also recently modified their holdings of LPG.
Beacon Capital Management LLC bought a new stake in Dorian LPG during the first quarter worth about $27,000. GAMMA Investing LLC increased its position in shares of Dorian LPG by 60.3% during the 2nd quarter.
GAMMA Investing LLC now owns 1,050 shares of the shipping company’s stock worth $44,000 after purchasing an additional 395 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in shares of Dorian LPG by 26.
3% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,821 shares of the shipping company’s stock worth $80,000 after purchasing an additional 379 shares in the last quarter.
PSI Advisors LLC boosted its holdings in shares of Dorian LPG by 16.8% in the 1st quarter. PSI Advisors LLC now owns 3,125 shares of the shipping company’s stock valued at $120,000 after buying an additional 450 shares during the last quarter.
Finally, Tucker Asset Management LLC acquired a new stake in shares of Dorian LPG in the 4th quarter valued at approximately $136,000. 62.50% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In A number of research firms recently commented on LPG. DNB Markets upgraded Dorian LPG from a “hold” rating to a “buy” rating and set a $52.00 price target for the company in a report on Wednesday, July 3rd.
Jefferies Financial Group lifted their target price on Dorian LPG from $46.00 to $50.00 and gave the stock a “buy” rating in a research note on Wednesday, May 22nd.
Insider Transactions at Dorian LPG In related news, COO Alexander C. Hadjipateras sold 2,500 shares of the company’s stock in a transaction on Monday, August 5th. The stock was sold at an average price of $36.
12, for a total transaction of $90,300.00. Following the completion of the sale, the chief operating officer now owns 82,823 shares in the company, valued at $2,991,566.
76. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link . Company insiders own 15.
90% of the company’s stock. Dorian LPG Trading Up 1.8 % LPG opened at $35.
10 on Tuesday. The company’s 50 day moving average price is $38.07 and its two-hundred day moving average price is $40.
45. The firm has a market capitalization of $1.43 billion, a price-to-earnings ratio of 4.
62 and a beta of 0.99. Dorian LPG Ltd.
has a fifty-two week low of $25.58 and a fifty-two week high of $51.66.
The company has a debt-to-equity ratio of 0.48, a current ratio of 4.60 and a quick ratio of 4.
58. Dorian LPG ( NYSE:LPG – Get Free Report ) last posted its quarterly earnings results on Thursday, August 1st. The shipping company reported $1.
26 earnings per share for the quarter, beating the consensus estimate of $1.03 by $0.23.
Dorian LPG had a net margin of 54.48% and a return on equity of 30.64%.
The firm had revenue of $114.30 million during the quarter, compared to the consensus estimate of $113.70 million.
During the same period in the previous year, the firm posted $1.21 earnings per share. The business’s revenue was up 2.
4% compared to the same quarter last year. As a group, research analysts predict that Dorian LPG Ltd. will post 4.
94 earnings per share for the current year. Dorian LPG Announces Dividend The business also recently declared a None dividend, which was paid on Wednesday, August 21st. Shareholders of record on Thursday, August 8th were paid a dividend of $1.
00 per share. The ex-dividend date was Thursday, August 8th. Dorian LPG’s dividend payout ratio (DPR) is currently 13.
16%. Dorian LPG Company Profile ( Free Report ) Dorian LPG Ltd., together with its subsidiaries, engages in the transportation of liquefied petroleum gas (LPG) through its LPG tankers worldwide.
It owns and operates twenty-five very large gas carriers (VLGCs). The company was incorporated in 2013 and is headquartered in Stamford, Connecticut. Featured Stories Five stocks we like better than Dorian LPG How to Buy Cheap Stocks Step by Step Palo Alto Analysts Drive it to New Highs: 50% Upside Is Possible Are Penny Stocks a Good Fit for Your Portfolio? Roblox’s Growth Beyond Kids: Stock Set for Major Moves What is the NASDAQ Stock Exchange? 5 Oversold Stocks to Buy Right Now Receive News & Ratings for Dorian LPG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dorian LPG and related companies with MarketBeat.
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