Marshall Wace LLP Raises Holdings in StealthGas Inc. (NASDAQ:GASS)

Marshall Wace LLP boosted its stake in shares of StealthGas Inc. (NASDAQ:GASS) by 11.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 366,203 shares of the shipping company’s stock after acquiring an additional 39,027 shares during the quarter. Marshall Wace LLP owned about 1.00% of StealthGas worth $2,069,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. R Squared Ltd bought a new stake in StealthGas during the fourth quarter worth approximately $53,000. XTX Topco Ltd bought a new position in shares of StealthGas during the 4th quarter worth $88,000. DGS Capital Management LLC boosted its position in StealthGas by 12.8% during the fourth quarter. DGS Capital Management LLC now owns 21,698 shares of the shipping company’s stock valued at $123,000 after purchasing an additional 2,461 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in StealthGas by 34.0% during the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 24,808 shares of the shipping company’s stock valued at $140,000 after purchasing an additional 6,299 shares in the last quarter. Finally, Virtu Financial LLC bought a new stake in StealthGas during the fourth quarter valued at about $142,000. 66.32% of the stock is owned by institutional investors.

StealthGas Trading Up 2.3 %

StealthGas stock opened at $5.45 on Monday. The stock has a 50-day moving average of $5.49 and a two-hundred day moving average of $5.63. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.59 and a current ratio of 2.66. StealthGas Inc. has a one year low of $4.82 and a one year high of $8.84. The stock has a market cap of $200.24 million, a PE ratio of 3.08 and a beta of 0.54.

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

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised 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.