Plato Investment Management Ltd Buys Shares of 14,509 BW LPG Limited (NYSE:BWLP)

Plato Investment Management Ltd purchased a new stake in BW LPG Limited (NYSE:BWLP) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 14,509 shares of the company’s stock, valued at approximately $207,000.

A number of other institutional investors also recently modified their holdings of the business. Optimum Investment Advisors boosted its position in BW LPG by 644.0% in the third quarter. Optimum Investment Advisors now owns 18,600 shares of the company’s stock valued at $268,000 after buying an additional 16,100 shares in the last quarter. XTX Topco Ltd bought a new position in shares of BW LPG in the 2nd quarter valued at $280,000. Exchange Traded Concepts LLC acquired a new stake in shares of BW LPG during the 3rd quarter valued at $312,000. U S Global Investors Inc. bought a new stake in BW LPG during the 3rd quarter worth $337,000. Finally, Susquehanna International Group Ltd. acquired a new position in BW LPG in the 2nd quarter worth about $441,000.

BW LPG Price Performance

Shares of BWLP stock opened at $12.99 on Friday. 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 company’s 50-day moving average price is $14.08. BW LPG Limited has a 12 month low of $10.32 and a 12 month high of $22.31.

BW LPG (NYSE:BWLP) last issued its quarterly earnings data on Thursday, August 22nd. The company reported $0.58 earnings per share (EPS) for the quarter. The business 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 annualized dividend and a dividend yield of 17.86%.

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.