GasLog Partners (GLOP) to Release Quarterly Earnings on Thursday

GasLog Partners (NYSE:GLOP – Get Rating) is scheduled to issue its quarterly earnings data before the market opens on Thursday, January 26th. Analysts expect the company to announce earnings of $0.72 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

GasLog Partners (NYSE:GLOP – Get Rating) last issued its earnings results on Thursday, October 27th. The shipping company reported $0.63 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.36. GasLog Partners had a net margin of 0.19% and a return on equity of 18.83%. The company had revenue of $95.68 million for the quarter, compared to analyst estimates of $75.19 million. On average, analysts expect GasLog Partners to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

GasLog Partners Stock Performance

GLOP remained flat at $6.98 on Tuesday. 200,533 shares of the company’s stock traded hands, compared to its average volume of 205,338. The company has a quick ratio of 1.27, a current ratio of 1.29 and a debt-to-equity ratio of 1.31. The business has a fifty day moving average price of $7.18 and a two-hundred day moving average price of $6.57. GasLog Partners has a one year low of $3.24 and a one year high of $8.55. The firm has a market capitalization of $368.52 million, a price-to-earnings ratio of -17.45 and a beta of 2.34.

GasLog Partners Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 10th. Stockholders of record on Monday, November 7th were given a $0.01 dividend. The ex-dividend date of this dividend was Friday, November 4th. This represents a $0.04 annualized dividend and a dividend yield of 0.57%. GasLog Partners’s dividend payout ratio is presently -10.00%.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of GasLog Partners from a “buy” rating to a “strong-buy” rating in a research report on Friday, October 28th.

Institutional Trading of GasLog Partners

Several large investors have recently modified their holdings of the business. IHT Wealth Management LLC lifted its stake in shares of GasLog Partners by 16.6% during the third quarter. IHT Wealth Management LLC now owns 34,448 shares of the shipping company’s stock valued at $178,000 after buying an additional 4,906 shares during the period. Cubist Systematic Strategies LLC lifted its stake in shares of GasLog Partners by 6.3% during the third quarter. Cubist Systematic Strategies LLC now owns 93,442 shares of the shipping company’s stock valued at $482,000 after buying an additional 5,511 shares during the period. UBS Group AG lifted its stake in shares of GasLog Partners by 5.6% during the third quarter. UBS Group AG now owns 72,826 shares of the shipping company’s stock valued at $376,000 after buying an additional 3,840 shares during the period. Occudo Quantitative Strategies LP lifted its stake in shares of GasLog Partners by 43.4% during the second quarter. Occudo Quantitative Strategies LP now owns 56,445 shares of the shipping company’s stock valued at $313,000 after buying an additional 17,092 shares during the period. Finally, Atria Wealth Solutions Inc. lifted its stake in shares of GasLog Partners by 100.0% during the second quarter. Atria Wealth Solutions Inc. now owns 20,000 shares of the shipping company’s stock valued at $111,000 after buying an additional 10,000 shares during the period. 12.32% of the stock is currently owned by institutional investors and hedge funds.

GasLog Partners Company Profile

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GasLog Partners LP engages in the operation and acquisition of liquefied natural gas carriers. It owns bareboat fleet of LNG carriers including tri-fuel diesel electric engine propulsion and stream vessels, and ships which operates under long-term time charters. The company was founded on January 23, 2014 and is headquartered in Piraeus, Greece.