BW LPG Limited (NYSE:BWLP) Given Average Rating of “Moderate Buy” by Analysts

BW LPG Limited (NYSE:BWLP) has been assigned a consensus rating of “Moderate Buy” from the five ratings firms that are covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating and three have issued a buy rating on the company.

A number of research firms recently weighed in on BWLP. Kepler Capital Markets upgraded BW LPG from a “hold” rating to a “buy” rating in a report on Tuesday, April 28th. Pareto Securities downgraded BW LPG from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 16th. Weiss Ratings upgraded BW LPG from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday. Wall Street Zen cut BW LPG from a “strong-buy” rating to a “buy” rating in a research note on Sunday, July 12th. Finally, Dnb Carnegie upgraded BW LPG from a “strong sell” rating to a “hold” rating in a research report on Monday, May 18th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Advisory Services Network LLC bought a new stake in shares of BW LPG in the 3rd quarter valued at $36,000. Global Retirement Partners LLC acquired a new position in BW LPG in the fourth quarter valued at $43,000. Blue Trust Inc. acquired a new position in BW LPG in the first quarter valued at $65,000. Raymond James Financial Inc. bought a new stake in BW LPG during the second quarter valued at $47,000. Finally, BNP Paribas Financial Markets bought a new stake in BW LPG during the third quarter valued at $62,000.

BW LPG Trading Down 1.3%

BWLP opened at $20.32 on Friday. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.47 and a quick ratio of 1.29. BW LPG has a fifty-two week low of $11.72 and a fifty-two week high of $22.92. The company’s 50 day moving average price is $20.01 and its two-hundred day moving average price is $17.68. The firm has a market capitalization of $3.08 billion, a price-to-earnings ratio of 8.54 and a beta of 1.29.

BW LPG (NYSE:BWLP) last released its quarterly earnings results on Friday, May 15th. The company reported $1.08 earnings per share (EPS) for the quarter. The firm had revenue of $838.89 million during the quarter. BW LPG had a net margin of 10.13% and a return on equity of 18.51%.

BW LPG Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Friday, June 12th were given a dividend of $6.196 per share. The ex-dividend date of this dividend was Friday, June 12th. This represents a $24.78 dividend on an annualized basis and a yield of 121.9%. This is a boost from BW LPG’s previous quarterly dividend of $0.57. BW LPG’s payout ratio is currently 112.61%.

BW LPG Company Profile

BW LPG (NYSE: BWLP) is a pure?play owner and operator of liquefied petroleum gas (LPG) carriers. The company’s core business centers on the maritime transportation of LPG, predominantly propane and butane, under both time? and voyage?charter arrangements. Its fleet comprises pressurized and semi?refrigerated vessels designed to meet the specific requirements of LPG producers, traders and end?users around the world.

Headquartered in Singapore, BW LPG serves a global customer base, with commercial offices in key energy hubs including Houston, London, Dubai and Tokyo.