The stock is down by 3.50% percent from yesterday’s close losing $0.15. So far 603,765 shares have been traded.
Shares of the company are trading at $4.00 barely above $3.88, the stock’s 50 day moving average and marginally under the 200 day moving average of $4.28. The 50 day moving average was up $0.11 or +2.866% and the 200 day average went down $-0.29 or -6.695%.
Investors are feeling more bearish on DHT Holdings, Inc. lately if you consider the rise in short interest. The stock experienced a rise in short interest of 7.49% between August 15, 2017 and August 31, 2017. Short interest grew from 4,172,338 to 4,484,754 over that timeframe. The short-interest ratio increased to 7.0 and the short interest percentage is 0.03% as of August 31.
A few notable investment firms have updated their holdings. Engineers Gate Manager Lp added to its ownership by buying 64,522 shares an increase of 195.4% in the quarter. Engineers Gate Manager Lp currently owns 97,538 shares with a value of $405,000. The total value of its holdings increased 173.6%. As of the end of the quarter Squarepoint Ops LLC had disposed of 1,522 shares trimming its position 4.2%. The value of the company’s investment in DHT Holdings, Inc. went from $161,000 to $143,000 decreasing 11.2% quarter over quarter.
As of quarter end Cubist Systematic Strategies, LLC had sold a total of 16,146 shares trimming its stake by 52.8%. The value in dollars decreased from $137,000 to $60,000 a change of 56.2% since the last quarter. Ubs Group Ag cut its position by shedding 22,898 shares a decrease of 92.9% from 03/31/2017 to 06/30/2017. Ubs Group Ag claims 1,758 shares valued at $7,000. The value of the position overall is down by 93.6%.
DHT Holdings, Inc. announced a dividend paid on Wednesday May 31st, 2017. The dividend payment was $0.020 per share for the quarter which comes to $0.08 on an annualized basis. The dividend yield was $2.07. The ex-dividend date was Tuesday the 22nd of August 2017.
In the latest earnings report the EPS was $-0.45 and is estimated to be $0.24 for the current year with 142,347,000 shares now outstanding. Analysts expect next quarter’s EPS will be $0.07 and the next full year EPS is projected to be $0.39.
DHT Holdings, Inc., launched on February 12, 2010, operates a fleet of crude oil tankers. As of March 21, 2017, the Business’s fleet consisted of 21 crude oil tankers in operation. As of March 21, 2017, the Business’s fleet consisted of 19 very large crude carriers (VLCCs), which are tankers ranging in size from 200,000 to 320,000 deadweight tons (dwt), and two Aframax tankers (Aframaxes), which are tankers ranging in size from 80,000 to 120,000 dwt. As of December 31, 2016, the Business’s fleet in operation had a combined carrying capacity of 6,087,095 dwt..