XTX Topco Ltd Buys Shares of 15,491 StealthGas Inc. (NASDAQ:GASS)

XTX Topco Ltd bought a new stake in shares of StealthGas Inc. (NASDAQ:GASS) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 15,491 shares of the shipping company’s stock, valued at approximately $88,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. R Squared Ltd bought a new position in StealthGas in the fourth quarter valued at about $53,000. DGS Capital Management LLC boosted its position in StealthGas by 12.8% in the fourth 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 last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position 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 purchasing an additional 6,299 shares during the last quarter. Virtu Financial LLC purchased a new position in StealthGas in the fourth quarter worth about $142,000. Finally, JPMorgan Chase & Co. purchased a new position in StealthGas in the third quarter worth about $194,000. 66.32% of the stock is currently owned by hedge funds and other institutional investors.

StealthGas Price Performance

GASS stock opened at $5.40 on Wednesday. StealthGas Inc. has a twelve month low of $4.82 and a twelve month high of $8.84. The company has a quick ratio of 2.59, a current ratio of 2.66 and a debt-to-equity ratio of 0.13. The stock has a market cap of $198.40 million, a P/E ratio of 3.05 and a beta of 0.54. The business’s 50-day moving average price is $5.48 and its 200-day moving average price is $5.62.

StealthGas (NASDAQ:GASS) last posted its quarterly earnings data on Friday, February 21st. The shipping company reported $0.38 earnings per share 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.

Wall Street Analyst Weigh In

Separately, StockNews.com raised StealthGas from a “hold” rating to a “buy” rating in a research report 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.