Altshuler Shaham Ltd Increases Stock Holdings in StealthGas Inc. (NASDAQ:GASS)

Altshuler Shaham Ltd boosted its position in shares of StealthGas Inc. (NASDAQ:GASS) by 5,542.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 14,500 shares of the shipping company’s stock after buying an additional 14,243 shares during the quarter. Altshuler Shaham Ltd’s holdings in StealthGas were worth $82,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. R Squared Ltd acquired a new stake in shares of StealthGas during the 4th quarter worth approximately $53,000. XTX Topco Ltd acquired a new position in shares of StealthGas in the 4th quarter valued at $88,000. DGS Capital Management LLC grew its holdings in shares of StealthGas by 12.8% during the 4th quarter. DGS Capital Management LLC now owns 21,698 shares of the shipping company’s stock worth $123,000 after purchasing an additional 2,461 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in shares of StealthGas by 34.0% during the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 24,808 shares of the shipping company’s stock worth $140,000 after purchasing an additional 6,299 shares during the last quarter. Finally, Virtu Financial LLC purchased a new stake in StealthGas in the 4th quarter valued at about $142,000. 66.32% of the stock is currently owned by institutional investors and hedge funds.

StealthGas Stock Up 0.2 %

StealthGas stock opened at $5.09 on Thursday. StealthGas Inc. has a fifty-two week low of $4.82 and a fifty-two week high of $8.84. The firm has a 50 day moving average price of $5.55 and a 200 day moving average price of $5.73. The company has a market capitalization of $187.01 million, a PE ratio of 2.88 and a beta of 0.54. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.59 and a current ratio of 2.66.

StealthGas (NASDAQ:GASS) last posted its 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 for the quarter.

Analysts Set New Price Targets

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

About StealthGas

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.