StealthGas Inc. (NASDAQ:GASS) Shares Purchased by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in shares of StealthGas Inc. (NASDAQ:GASS) by 34.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 24,808 shares of the shipping company’s stock after purchasing an additional 6,299 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned 0.07% of StealthGas worth $140,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Towerview LLC boosted its stake in StealthGas by 12.4% during the fourth quarter. Towerview LLC now owns 2,762,500 shares of the shipping company’s stock valued at $15,608,000 after buying an additional 305,000 shares in the last quarter. Inspire Advisors LLC grew its stake in shares of StealthGas by 22.4% in the 4th quarter. Inspire Advisors LLC now owns 121,206 shares of the shipping company’s stock worth $685,000 after purchasing an additional 22,203 shares during the last quarter. Sanctuary Advisors LLC raised its holdings in shares of StealthGas by 16.6% in the 3rd quarter. Sanctuary Advisors LLC now owns 79,987 shares of the shipping company’s stock worth $545,000 after purchasing an additional 11,383 shares in the last quarter. Navellier & Associates Inc. raised its holdings in shares of StealthGas by 12.0% in the 4th quarter. Navellier & Associates Inc. now owns 69,686 shares of the shipping company’s stock worth $394,000 after purchasing an additional 7,440 shares in the last quarter. Finally, State Street Corp lifted its stake in StealthGas by 44.7% during the third quarter. State Street Corp now owns 45,596 shares of the shipping company’s stock valued at $311,000 after purchasing an additional 14,093 shares during the last quarter. Institutional investors own 66.32% of the company’s stock.

StealthGas Trading Down 1.0 %

NASDAQ:GASS opened at $5.88 on Friday. The stock has a fifty day simple moving average of $5.68 and a 200 day simple moving average of $5.90. The firm has a market capitalization of $216.04 million, a price-to-earnings ratio of 3.32 and a beta of 0.75. StealthGas Inc. has a 1-year low of $4.82 and a 1-year 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.

StealthGas (NASDAQ:GASS) last announced its earnings results on Friday, February 21st. The shipping company reported $0.38 EPS for the quarter. StealthGas had a net margin of 40.87% and a return on equity of 11.36%. The company had revenue of $40.25 million during the quarter.

Analyst Ratings Changes

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

StealthGas Company Profile

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.