Exchange Traded Concepts LLC Acquires Shares of 21,700 BW LPG Limited (NYSE:BWLP)

Exchange Traded Concepts LLC bought a new stake in BW LPG Limited (NYSE:BWLP) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 21,700 shares of the company’s stock, valued at approximately $312,000.

Several other large investors have also modified their holdings of BWLP. Acadian Asset Management LLC acquired a new position in BW LPG during the 2nd quarter worth approximately $56,598,000. Skandinaviska Enskilda Banken AB publ purchased a new position in BW LPG in the second quarter worth $12,196,000. Bank of New York Mellon Corp purchased a new stake in shares of BW LPG during the 2nd quarter worth $2,365,000. Jupiter Asset Management Ltd. acquired a new position in shares of BW LPG during the 2nd quarter worth $2,050,000. Finally, DekaBank Deutsche Girozentrale acquired a new stake in shares of BW LPG in the second quarter valued at about $698,000.

BW LPG Stock Performance

Shares of BWLP opened at $14.20 on Friday. BW LPG Limited has a twelve month low of $10.32 and a twelve month high of $22.31. The company has a current ratio of 1.63, a quick ratio of 1.45 and a debt-to-equity ratio of 0.15. The business’s 50-day moving average is $15.07.

BW LPG (NYSE:BWLP) last released its quarterly earnings data on Thursday, August 22nd. The company reported $0.58 earnings per share for the quarter. The firm had revenue of $876.49 million during the quarter.

BW LPG Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Tuesday, September 10th were paid a $0.58 dividend. The ex-dividend date was Tuesday, September 10th. This represents a $2.32 dividend on an annualized basis and a yield of 16.34%.

BW LPG Company Profile

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.