Quadrature Capital Ltd bought a new position in shares of Okeanis Eco Tankers Corp. (NYSE:ECO - Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 35,843 shares of the company's stock, valued at approximately $1,169,000. Quadrature Capital Ltd owned approximately 0.11% of Okeanis Eco Tankers at the end of the most recent reporting period.
A number of other large investors have also recently made changes to their positions in the stock. Acadian Asset Management LLC purchased a new stake in shares of Okeanis Eco Tankers in the second quarter worth about $370,000. Hsbc Holdings PLC raised its holdings in shares of Okeanis Eco Tankers by 123.9% in the 2nd quarter. Hsbc Holdings PLC now owns 178,056 shares of the company's stock valued at $5,692,000 after acquiring an additional 98,528 shares in the last quarter. Skandinaviska Enskilda Banken AB publ bought a new stake in shares of Okeanis Eco Tankers during the 2nd quarter valued at about $1,767,000. Marshall Wace LLP purchased a new position in shares of Okeanis Eco Tankers during the second quarter worth about $247,000. Finally, Lighthouse Investment Partners LLC purchased a new position in shares of Okeanis Eco Tankers during the second quarter worth about $2,086,000.
Okeanis Eco Tankers Price Performance
ECO traded down $0.47 on Friday, reaching $21.32. The company had a trading volume of 160,641 shares, compared to its average volume of 213,403. Okeanis Eco Tankers Corp. has a 52-week low of $20.95 and a 52-week high of $36.69. The company has a market cap of $686.38 million and a price-to-earnings ratio of 5.87. The company has a debt-to-equity ratio of 1.48, a quick ratio of 1.34 and a current ratio of 1.69. The business has a 50 day simple moving average of $27.50 and a 200 day simple moving average of $30.32.
Okeanis Eco Tankers (NYSE:ECO - Get Free Report) last posted its quarterly earnings data on Friday, November 8th. The company reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.36. Okeanis Eco Tankers had a net margin of 29.25% and a return on equity of 27.19%. The firm had revenue of $84.93 million for the quarter, compared to analysts' expectations of $74.61 million. As a group, sell-side analysts anticipate that Okeanis Eco Tankers Corp. will post 3.19 EPS for the current year.
Okeanis Eco Tankers Cuts Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 4th. Stockholders of record on Monday, November 18th were issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 8.44%. The ex-dividend date of this dividend was Monday, November 18th. Okeanis Eco Tankers's payout ratio is currently 48.48%.
Okeanis Eco Tankers Profile
(
Free Report)
Okeanis Eco Tankers Corp., a shipping company, owns and operates tanker vessels worldwide. It operates a fleet of 14 tanker vessels comprising six modern Suezmax tankers and eight modern VLCC tankers focusing on the transportation of crude oil. The company was incorporated in 2018 and is based in Neo Faliro, Greece.
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