SIH Partners LLLP Invests $114,000 in BW LPG Limited (NYSE:BWLP)

SIH Partners LLLP purchased a new stake in shares of BW LPG Limited (NYSE:BWLP) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 10,000 shares of the company’s stock, valued at approximately $114,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Swiss National Bank lifted its position in shares of BW LPG by 0.6% during the fourth quarter. Swiss National Bank now owns 166,377 shares of the company’s stock worth $1,836,000 after acquiring an additional 1,071 shares in the last quarter. SBI Securities Co. Ltd. bought a new position in BW LPG in the 4th quarter worth about $26,000. XTX Topco Ltd grew its holdings in BW LPG by 9.1% during the 4th quarter. XTX Topco Ltd now owns 27,995 shares of the company’s stock valued at $318,000 after buying an additional 2,324 shares in the last quarter. Avior Wealth Management LLC increased its position in shares of BW LPG by 98.0% during the fourth quarter. Avior Wealth Management LLC now owns 5,862 shares of the company’s stock valued at $67,000 after buying an additional 2,902 shares during the period. Finally, Exchange Traded Concepts LLC boosted its position in shares of BW LPG by 30.4% in the fourth quarter. Exchange Traded Concepts LLC now owns 28,301 shares of the company’s stock valued at $321,000 after acquiring an additional 6,601 shares during the period.

BW LPG Price Performance

NYSE:BWLP opened at $9.41 on Tuesday. The firm has a market capitalization of $1.24 billion and a price-to-earnings ratio of 3.54. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.16 and a current ratio of 1.34. The stock has a fifty day moving average of $10.80 and a 200 day moving average of $11.94. BW LPG Limited has a 52-week low of $7.86 and a 52-week high of $22.31.

BW LPG (NYSE:BWLP) last posted its quarterly earnings data on Thursday, February 27th. The company reported $0.22 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.04. The company had revenue of $127.57 million during the quarter, compared to the consensus estimate of $183.00 million.

BW LPG Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 24th. Stockholders of record on Monday, March 10th were issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 17.85%. The ex-dividend date was Monday, March 10th. BW LPG’s dividend payout ratio is currently 63.16%.

Analyst Ratings Changes

Separately, Pareto Securities raised shares of BW LPG from a “hold” rating to a “buy” rating in a report on Thursday, January 30th.

About BW LPG

BW LPG Limited, an investment holding company, engages in ship owning and chartering activities worldwide. The company operates through Shipping and Product Services segments. The company involved in the transportation of liquefied petroleum gas to oil companies, and trading and utility companies. It also offers integrated liquified petroleum gas (LPG) delivery services and support; wholesale and trade of LPG; and management services.