There has been some selling insider activity on National Fuel Gas Company Commo (NYSE:NFG) recently. Today Philip C. Ackerman, Director disclosed the sale of 27,838 shares. The shares were purchased at an average price of $55.76. The Director now owns $32,546,777 of the stock according to the SEC filing. Sr VP, Gen Counsel & Sec Paula M. Ciprich sold 15,000 shares at an average price of $56.05 on Thu the 23rd. That brings the Sr VP, Gen Counsel & Sec’s holdings to $3,821,545 as reported to the SEC.
Chief Operating Officer John R. Pustulka sold 9,600 shares at an average price of $50.32 on Fri the 18th. The Chief Operating Officer now owns $2,519,875 of the stock per an SEC filing yesterday.
Here are a few additional firms who have increased or decreased their stake in (NFG). Nomura Holdings Inc divested its ownership by selling 95,500 shares a decrease of 95.5% from 12/31/2015 to 06/30/2016. Nomura Holdings Inc now holds 4,500 shares worth $255,000. The value of the position overall is down by 94.0%. Northwestern Mutual Investment Management Company, LLC added to its investment by buying 35 shares an increase of 0.2% as of 06/30/2016. Northwestern Mutual Investment Management Company, LLC currently owns 14,663 shares valued at $834,000. The total value of its holdings increased 13.9%.
Mason Street Advisors, LLC bolstered its holdings by buying 3,285 shares an increase of 9.3% in the quarter. Mason Street Advisors, LLC controls 38,733 shares with a value of $2,203,000. The value of the position overall is up by 45.4%. As of quarter end Northwestern Mutual Wealth Management Co had sold 115 shares trimming its stake by 5.8%. The value of the total investment in National Fuel Gas Company Commo increased from $99,000 to $106,000 increasing 7.1% quarter to quarter.
On January 14 Jefferies maintained a stock rating of “Buy” and lowered the price target from $65.00 to $60.00. On July 23 the company was upgraded from “Hold” to “Buy” with a current price target of $68.00 in an announcement from Jefferies.
July 23 investment analysts at Jefferies made no change to the price objective of $68.00 and upgraded the stock from Hold to Buy. April 24 investment analysts at Jefferies left the stock rating at “Hold” but raised the price expectation to $67.00 from $66.00.
March 13 investment analysts at Jefferies kept the company rating at “Hold” but lowered the price target from $69.00 to $66.00. Jefferies lowered the price target and downgraded the stock on January 9 changing the price objective from $79.00 to $69.00 and moving the rating from “Buy” to “Hold”.
The company is trading up from yesterday’s close of $54.815. The company also announced a dividend that was paid on Friday the 15th of July 2016. The dividend was $0.405 per share for the quarter or $1.62 annualized. The dividend yield was $2.88. The ex-dividend date was set for Tuesday the 28th of June 2016.
Company chares are trading at $55.23 just below $56.94, the stock’s 50 day moving average and barely above the 200 day moving average of $54.81. The 50 day moving average was down $-1.71 and the 200 day average moved up $0.42.
In the last earnings report the EPS was $-6.09 and is estimated to be $2.96 for the current year with 84,988,000 shares currently outstanding. Next quarter’s EPS is estimated at $0.78 with next year’s EPS projected to be $3.02.