1 day Ago By ABMN Staff
Marshall Wace LLP raised its holdings in shares of KNOT Offshore Partners LP ( NYSE:KNOP – Free Report ) by 19.0% during the 4th quarter, Holdings Channel reports. The fund owned 203,999 shares of the shipping company’s stock after purchasing an additional 32,616 shares during the period.
Marshall Wace LLP’s holdings in KNOT Offshore Partners were worth $1,112,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Several other hedge funds have also recently added to or reduced their stakes in the business. Virtu Financial LLC bought a new stake in shares of KNOT Offshore Partners in the 4th quarter worth $135,000.
Trexquant Investment LP raised its stake in shares of KNOT Offshore Partners by 170.4% in the 4th quarter. Trexquant Investment LP now owns 37,938 shares of the shipping company’s stock worth $207,000 after buying an additional 23,907 shares in the last quarter.
FNY Investment Advisers LLC raised its stake in shares of KNOT Offshore Partners by 8.8% in the 4th quarter. FNY Investment Advisers LLC now owns 138,890 shares of the shipping company’s stock worth $756,000 after buying an additional 11,200 shares in the last quarter.
Finally, JPMorgan Chase & Co. raised its stake in shares of KNOT Offshore Partners by 7.7% in the 3rd quarter.
JPMorgan Chase & Co. now owns 442,332 shares of the shipping company’s stock worth $3,030,000 after buying an additional 31,792 shares in the last quarter. Institutional investors own 26.
82% of the company’s stock. KNOT Offshore Partners Trading Up 0.8 % NYSE:KNOP opened at $6.
48 on Wednesday. The company has a quick ratio of 0.42, a current ratio of 0.
44 and a debt-to-equity ratio of 1.52. KNOT Offshore Partners LP has a 1-year low of $5.
15 and a 1-year high of $9.11. The firm has a market capitalization of $222.
24 million, a price-to-earnings ratio of -15.07 and a beta of 0.27.
The stock has a fifty day simple moving average of $6.13 and a 200 day simple moving average of $5.96.
KNOT Offshore Partners Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Thursday, May 8th. Investors of record on Monday, April 28th will be given a $0.026 dividend.
The ex-dividend date is Monday, April 28th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 1.
60%. KNOT Offshore Partners’s dividend payout ratio (DPR) is 24.39%.
Analyst Upgrades and Downgrades A number of research firms have recently commented on KNOP. Fearnley Fonds raised KNOT Offshore Partners to a “strong-buy” rating in a research note on Tuesday, April 1st. StockNews.
com raised KNOT Offshore Partners from a “hold” rating to a “buy” rating in a research note on Wednesday, March 26th. Check Out Our Latest Research Report on KNOP About KNOT Offshore Partners ( Free Report ) KNOT Offshore Partners LP acquires, owns, and operates shuttle tankers under long-term charters in the North Sea and Brazil. The company provides loading, transportation, and discharge of crude oil under time charters and bareboat charters.
The company was founded in 2013 and is headquartered in Aberdeen, the United Kingdom. See Also Want to see what other hedge funds are holding KNOP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for KNOT Offshore Partners LP ( NYSE:KNOP – Free Report ).
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