Nordic American Tankers Limited (NYSE:NAT) Downgraded to "D+" at TheStreet

Alain Brian
Août 13, 2017

Finally, Zacks Investment Research lowered shares of Nordic American Tankers Limited from a hold rating to a sell rating in a research note on Wednesday, April 26th.

Institutional investors and hedge funds own 27.02% of the company's stock.

07/09/2014 - Canaccord Genuity began new coverage on Nordic American Tankers Limited giving the company a "sell" rating. Nationwide Fund Advisors raised its position in Nordic American Tankers Limited by 0.8% in the first quarter. Parametric Portfolio Associates LLC now owns 56,164 shares of the shipping company's stock valued at $459,000 after buying an additional 4,220 shares during the last quarter. Wells Fargo & Company MN now owns 408,783 shares of the shipping company's stock valued at $3,344,000 after buying an additional 189,905 shares during the period. Karp Capital Management Corp purchased a new stake in shares of Nordic American Tankers Limited during the first quarter valued at approximately $118,000. Smith Moore & CO. now owns 64,232 shares of the shipping company's stock worth $525,000 after buying an additional 4,750 shares in the last quarter.

Shares of Nordic American Tankers Limited (NAT) traded down 1.67% on Friday, hitting $5.29. TIAA CREF Investment Management LLC now owns 264,049 shares of the shipping company's stock worth $1,674,000 after buying an additional 922 shares during the last quarter. The stock has a 50-day moving average price of $5.96 and a 200 day moving average price of $7.18. Nordic American Tankers Limited has a 52 week low of $5.25 and a 52 week high of $12.07. Metropolitan Life Insurance NY has an ownership of 67,117 stocks of the shipping firms shares valued at $564,000 after scooping up an extra 6,012 shares through out the previous quarter, State Street boosted its position in Nordic American Tankers by 12.3% in the Q4.

Nordic American Tankers Limited (NYSE:NAT) last posted its earnings results on Monday, August 7th. The shipping company reported ($0.16) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.13) by $0.03.

02/21/2017 - Nordic American Tankers Limited had its "neutral" rating reiterated by analysts at Credit Suisse. The company had revenue of $39.10 million during the quarter, compared to analyst estimates of $42.47 million.

Several other institutional investors also recently bought and sold shares of NAT. Airain ltd acquired a new stake in shares of Nordic American Tankers Limited during the first quarter worth about $126,000. On average, analysts anticipate that Nordic American Tankers Limited will post ($0.39) EPS for the current year. Stockholders of record on Monday, August 14th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 11.34%. The ex-dividend date of this dividend is Thursday, August 10th. Nordic American Tankers Limited's dividend payout ratio is now 2,000.00%. If you are reading this news story on another publication, it was stolen and reposted in violation of worldwide trademark and copyright legislation. The legal version of this report can be viewed at https://rinconhillneighbors.org/2017/08/13/nordic-american-tankers-limited-nysenat-shares-bought-by-nisa-investment-advisors-llc.html. Evercore ISI cut shares of Nordic American Tankers from an in-line recommendation to an underperform recommendation and reduced their price target for The corporation from $6.00 to $5.00 in a study report published on Fri, Jul 21st. crowd sourced stock rating company Vetr cut shares of Nordic American Tankers from a strong-buy recommendation to a buy recommendation and fixed a $6.89 price objective on the shares.in a study analysis published on early Thur, Jun 1st. Maxim Group lowered their target price on Nordic American Tankers Limited from $6.00 to $5.00 and set a "sell" rating for the company in a report on Monday, May 8th. Vetr raised shares of Nordic American Tankers Limited from a "hold" rating to a "buy" rating and set a $7.08 price target on the stock in a research report on Wednesday, May 24th.

Many other financial stock experts also commented on NAT. Jefferies restated a sell recommendation and fixed a $5.00 price objective on the stock of Nordic American Tankers in a study report on early Mon, Jul 17th. Nordic American Tankers Limited's sales was down 29.2% compared with the same period in the prior year. analysts expect that Nordic American Tankers to post ($0.39) EPS for the present financial year.

D'autres rapports CampDesrEcrues

Discuter de cet article

SUIVRE NOTRE JOURNAL