DHT Holdings, Inc. (NYSE:DHT) was downgraded by BidaskClub from a “hold” rating to a “sell” rating in a report released on Tuesday.
DHT has been the topic of a number of other reports. Maxim Group set a $7.00 price target on shares of DHT Holdings and gave the company a “buy” rating in a research report on Thursday, April 27th. Zacks Investment Research lowered shares of DHT Holdings from a “buy” rating to a “hold” rating in a research report on Monday, June 26th. ValuEngine lowered shares of DHT Holdings from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Stifel Nicolaus restated a “hold” rating and issued a $5.25 price target on shares of DHT Holdings in a research report on Friday, July 7th. Finally, Jefferies Group LLC restated a “buy” rating and issued a $6.00 price target on shares of DHT Holdings in a research report on Monday, April 24th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $5.54.
Shares of DHT Holdings (NYSE DHT) remained flat at $4.09 during trading on Tuesday. The stock had a trading volume of 232,048 shares. DHT Holdings has a one year low of $3.29 and a one year high of $5.47. The firm’s market cap is $387.00 million. The stock has a 50-day moving average of $4.12 and a 200 day moving average of $4.48.
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Institutional investors have recently made changes to their positions in the company. Legal & General Group Plc increased its position in shares of DHT Holdings by 1.1% in the first quarter. Legal & General Group Plc now owns 24,683 shares of the shipping company’s stock worth $110,000 after buying an additional 260 shares in the last quarter. FNY Partners Fund LP acquired a new stake in DHT Holdings during the first quarter worth $111,000. Bank of America Corp DE increased its stake in DHT Holdings by 87.1% in the first quarter. Bank of America Corp DE now owns 26,646 shares of the shipping company’s stock worth $119,000 after buying an additional 12,407 shares during the period. Wellington Management Group LLP acquired a new stake in DHT Holdings during the first quarter worth $146,000. Finally, Engineers Gate Manager LP acquired a new stake in DHT Holdings during the first quarter worth $148,000. 53.52% of the stock is owned by institutional investors.
DHT Holdings Company Profile
DHT Holdings, Inc operates a fleet of crude oil tankers. As of March 21, 2017, the Company’s fleet consisted of 21 crude oil tankers in operation. As of March 21, 2017, the Company’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.
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