Virtu Financial LLC Makes New Investment in StealthGas Inc. (NASDAQ:GASS)

Virtu Financial LLC acquired a new stake in StealthGas Inc. (NASDAQ:GASS) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 25,118 shares of the shipping company’s stock, valued at approximately $142,000. Virtu Financial LLC owned approximately 0.07% of StealthGas as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. R Squared Ltd purchased a new position in shares of StealthGas in the 4th quarter valued at about $53,000. DGS Capital Management LLC raised its holdings in StealthGas by 12.8% in the fourth quarter. DGS Capital Management LLC now owns 21,698 shares of the shipping company’s stock valued at $123,000 after acquiring an additional 2,461 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in StealthGas by 34.0% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 24,808 shares of the shipping company’s stock worth $140,000 after acquiring an additional 6,299 shares during the last quarter. Quadrature Capital Ltd grew its holdings in StealthGas by 14.8% during the 3rd quarter. Quadrature Capital Ltd now owns 22,799 shares of the shipping company’s stock worth $155,000 after acquiring an additional 2,933 shares in the last quarter. Finally, JPMorgan Chase & Co. purchased a new stake in shares of StealthGas in the 3rd quarter valued at approximately $194,000. 66.32% of the stock is owned by hedge funds and other institutional investors.

StealthGas Trading Down 1.5 %

NASDAQ:GASS opened at $5.79 on Monday. StealthGas Inc. has a 1 year low of $4.82 and a 1 year high of $8.84. The stock has a market cap of $212.73 million, a P/E ratio of 3.27 and a beta of 0.75. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.59 and a current ratio of 2.66. The stock has a 50-day simple moving average of $5.68 and a 200-day simple moving average of $5.88.

StealthGas (NASDAQ:GASS) last announced its quarterly earnings results on Friday, February 21st. The shipping company reported $0.38 earnings per share (EPS) for the quarter. StealthGas had a return on equity of 11.36% and a net margin of 40.87%. The firm had revenue of $40.25 million during the quarter.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of StealthGas from a “hold” rating to a “buy” rating in a research note on Friday, March 14th.

StealthGas Company Profile

StealthGas Inc, together with its subsidiaries, provides seaborne transportation services to liquefied petroleum gas (LPG) producers and users worldwide. The company's carriers carry various petroleum gas products in liquefied form, including propane, butane, butadiene, isopropane, propylene, and vinyl chloride monomer, as well as ammonia; refined petroleum products, such as gasoline, diesel, fuel oil, and jet fuel; and edible oils and chemicals.