Avior Wealth Management LLC Increases Stock Holdings in BW LPG Limited (NYSE:BWLP)

Avior Wealth Management LLC lifted its stake in BW LPG Limited (NYSE:BWLP) by 98.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,862 shares of the company’s stock after buying an additional 2,902 shares during the quarter. Avior Wealth Management LLC’s holdings in BW LPG were worth $67,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Centiva Capital LP bought a new position in shares of BW LPG in the third quarter worth about $183,000. Plato Investment Management Ltd bought a new position in shares of BW LPG in the third quarter worth about $207,000. HighTower Advisors LLC bought a new position in shares of BW LPG in the third quarter worth about $219,000. Optimum Investment Advisors raised its stake in shares of BW LPG by 644.0% in the third quarter. Optimum Investment Advisors now owns 18,600 shares of the company’s stock worth $268,000 after buying an additional 16,100 shares during the period. Finally, BNP Paribas Financial Markets bought a new position in shares of BW LPG in the third quarter worth about $280,000.

BW LPG Stock Performance

Shares of BWLP opened at $11.92 on Thursday. The business’s 50 day moving average is $11.75 and its 200 day moving average is $13.69. BW LPG Limited has a 12-month low of $9.95 and a 12-month high of $22.31. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.34 and a quick ratio of 1.16.

BW LPG (NYSE:BWLP) last issued its earnings results on Monday, December 2nd. The company reported $0.79 earnings per share (EPS) for the quarter.

BW LPG Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Thursday, December 12th were paid a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 14.09%. The ex-dividend date of this dividend was Thursday, December 12th.

BW LPG 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.