Householder Group Estate & Retirement Specialist LLC Has $259,000 Stock Position in Dorian LPG Ltd. (NYSE:LPG)

Householder Group Estate & Retirement Specialist LLC boosted its position in shares of Dorian LPG Ltd. (NYSE:LPGFree Report) by 5,280.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,918 shares of the shipping company’s stock after purchasing an additional 5,808 shares during the quarter. Householder Group Estate & Retirement Specialist LLC’s holdings in Dorian LPG were worth $259,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. PNC Financial Services Group Inc. boosted its holdings in shares of Dorian LPG by 43.8% in the 2nd quarter. PNC Financial Services Group Inc. now owns 1,412 shares of the shipping company’s stock valued at $36,000 after buying an additional 430 shares during the last quarter. The Manufacturers Life Insurance Company raised its position in Dorian LPG by 4.1% during the second quarter. The Manufacturers Life Insurance Company now owns 12,235 shares of the shipping company’s stock valued at $314,000 after purchasing an additional 478 shares in the last quarter. Fifth Third Bancorp raised its holdings in shares of Dorian LPG by 317.7% during the 4th quarter. Fifth Third Bancorp now owns 685 shares of the shipping company’s stock worth $30,000 after buying an additional 521 shares in the last quarter. Baird Financial Group Inc. lifted its position in shares of Dorian LPG by 2.1% during the 3rd quarter. Baird Financial Group Inc. now owns 26,192 shares of the shipping company’s stock worth $356,000 after buying an additional 537 shares during the last quarter. Finally, CWM LLC boosted its stake in Dorian LPG by 63.2% in the third quarter. CWM LLC now owns 1,413 shares of the shipping company’s stock valued at $41,000 after buying an additional 547 shares in the last quarter. Institutional investors and hedge funds own 62.50% of the company’s stock.

Insider Activity at Dorian LPG

In other Dorian LPG news, CEO John C. Hadjipateras acquired 5,000 shares of the company’s stock in a transaction on Friday, January 12th. The shares were acquired at an average cost of $42.58 per share, with a total value of $212,900.00. Following the completion of the acquisition, the chief executive officer now directly owns 1,777,740 shares in the company, valued at $75,696,169.20. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. 15.90% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several brokerages have commented on LPG. Jefferies Financial Group reissued a “buy” rating and set a $50.00 target price on shares of Dorian LPG in a research note on Thursday, February 1st. StockNews.com cut shares of Dorian LPG from a “buy” rating to a “hold” rating in a research report on Wednesday, January 31st. Finally, DNB Markets cut shares of Dorian LPG from a “buy” rating to a “hold” rating and set a $44.00 target price on the stock. in a research note on Friday, January 26th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $40.25.

Read Our Latest Report on Dorian LPG

Dorian LPG Stock Performance

NYSE LPG opened at $40.25 on Wednesday. The company has a market capitalization of $1.63 billion, a price-to-earnings ratio of 5.42 and a beta of 1.13. Dorian LPG Ltd. has a twelve month low of $19.25 and a twelve month high of $49.54. The stock has a fifty day simple moving average of $37.06 and a 200 day simple moving average of $37.39. The company has a quick ratio of 3.29, a current ratio of 3.31 and a debt-to-equity ratio of 0.57.

Dorian LPG (NYSE:LPGGet Free Report) last issued its earnings results on Thursday, February 1st. The shipping company reported $2.62 EPS for the quarter, beating analysts’ consensus estimates of $2.27 by $0.35. The business had revenue of $163.06 million during the quarter, compared to analyst estimates of $154.49 million. Dorian LPG had a return on equity of 33.59% and a net margin of 55.02%. During the same period in the previous year, the company posted $1.29 EPS. Sell-side analysts expect that Dorian LPG Ltd. will post 7.29 EPS for the current year.

Dorian LPG Dividend Announcement

The firm also recently declared a None dividend, which was paid on Tuesday, February 27th. Investors of record on Monday, February 5th were issued a dividend of $1.00 per share. The ex-dividend date was Friday, February 2nd. Dorian LPG’s dividend payout ratio (DPR) is currently 26.56%.

About Dorian LPG

(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.

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Institutional Ownership by Quarter for Dorian LPG (NYSE:LPG)

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