Dorian LPG Ltd. (NYSE:LPG – Get Free Report) CFO Theodore B. Young sold 5,000 shares of the company’s stock in a transaction that occurred on Thursday, November 16th. The stock was sold at an average price of $37.15, for a total transaction of $185,750.00. Following the transaction, the chief financial officer now owns 93,720 shares of the company’s stock, valued at $3,481,698. The transaction was disclosed in a filing with the SEC, which is available through this link.
Dorian LPG Trading Up 9.3 %
Shares of LPG traded up $3.62 during mid-day trading on Monday, reaching $42.71. 1,669,262 shares of the company were exchanged, compared to its average volume of 680,634. The business has a 50 day simple moving average of $31.37 and a two-hundred day simple moving average of $27.32. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.61 and a current ratio of 2.63. Dorian LPG Ltd. has a 52 week low of $15.81 and a 52 week high of $43.12. The stock has a market capitalization of $1.73 billion, a PE ratio of 6.71 and a beta of 1.12.
Dorian LPG Announces Dividend
The company also recently disclosed a Variable dividend, which was paid on Thursday, November 2nd. Shareholders of record on Friday, October 20th were paid a $1.00 dividend. The ex-dividend date was Thursday, October 19th. Dorian LPG’s dividend payout ratio (DPR) is presently 47.39%.
Analyst Upgrades and Downgrades
Institutional Investors Weigh In On Dorian LPG
A number of institutional investors and hedge funds have recently made changes to their positions in the business. BlackRock Inc. lifted its stake in Dorian LPG by 8.2% in the third quarter. BlackRock Inc. now owns 5,263,675 shares of the shipping company’s stock valued at $71,427,000 after purchasing an additional 400,804 shares during the last quarter. Dimensional Fund Advisors LP raised its position in Dorian LPG by 11.8% during the first quarter. Dimensional Fund Advisors LP now owns 3,240,874 shares of the shipping company’s stock valued at $64,622,000 after purchasing an additional 341,453 shares in the last quarter. Renaissance Technologies LLC lifted its position in Dorian LPG by 364.5% in the 1st quarter. Renaissance Technologies LLC now owns 367,400 shares of the shipping company’s stock worth $7,326,000 after buying an additional 288,300 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Dorian LPG by 549.5% during the 2nd quarter. Goldman Sachs Group Inc. now owns 319,025 shares of the shipping company’s stock valued at $4,849,000 after purchasing an additional 269,906 shares during the last quarter. Finally, Balyasny Asset Management LLC bought a new position in shares of Dorian LPG during the third quarter valued at about $3,435,000. Institutional investors and hedge funds own 64.01% of the company’s stock.
Dorian LPG Company Profile
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.
- Five stocks we like better than Dorian LPG
- What is an Earnings Surprise?
- The most upgraded stocks in November have two things in common
- Low PE Growth Stocks: Unlocking Investment Opportunities
- Monday.com rocked earnings like it’s the weekend
- Pros And Cons Of Monthly Dividend Stocks
- Plan to own one retailer? Make it this one
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.com's FREE daily email newsletter.