Avior Wealth Management LLC Purchases 2,902 Shares of BW LPG Limited (NYSE:BWLP)

Avior Wealth Management LLC grew its position in BW LPG Limited (NYSE:BWLP) by 98.0% during the fourth quarter, HoldingsChannel.com reports. The fund owned 5,862 shares of the company’s stock after acquiring an additional 2,902 shares during the quarter. Avior Wealth Management LLC’s holdings in BW LPG were worth $67,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Centiva Capital LP bought a new stake in BW LPG in the 3rd quarter worth approximately $183,000. Plato Investment Management Ltd purchased a new position in shares of BW LPG in the 3rd quarter worth approximately $207,000. HighTower Advisors LLC purchased a new position in shares of BW LPG in the 3rd quarter worth approximately $219,000. Optimum Investment Advisors boosted its holdings in shares of BW LPG by 644.0% in the 3rd quarter. Optimum Investment Advisors now owns 18,600 shares of the company’s stock worth $268,000 after purchasing an additional 16,100 shares during the period. Finally, BNP Paribas Financial Markets purchased a new position in shares of BW LPG in the 3rd quarter worth approximately $280,000.

BW LPG Stock Performance

Shares of BW LPG stock opened at $11.92 on Thursday. The company has a current ratio of 1.34, a quick ratio of 1.16 and a debt-to-equity ratio of 0.15. The stock has a 50 day moving average price of $11.75 and a 200-day moving average price of $13.69. BW LPG Limited has a one year low of $9.95 and a one year high of $22.31.

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

BW LPG Cuts Dividend

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

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.