Dimensional Fund Advisors LP Has $30.25 Million Holdings in Ship Finance International Limited (SFL)

Dimensional Fund Advisors LP decreased its holdings in shares of Ship Finance International Limited (NYSE:SFL) by 0.2% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,224,073 shares of the shipping company’s stock after selling 4,565 shares during the period. Dimensional Fund Advisors LP owned 2.38% of Ship Finance International Limited worth $30,247,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. PARK CIRCLE Co bought a new position in shares of Ship Finance International Limited during the second quarter valued at approximately $408,000. Alliancebernstein L.P. increased its stake in shares of Ship Finance International Limited by 14.6% during the second quarter. Alliancebernstein L.P. now owns 109,103 shares of the shipping company’s stock valued at $1,484,000 after purchasing an additional 13,900 shares in the last quarter. Wells Fargo & Company MN increased its stake in shares of Ship Finance International Limited by 9.1% during the second quarter. Wells Fargo & Company MN now owns 166,939 shares of the shipping company’s stock valued at $2,270,000 after purchasing an additional 13,952 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in shares of Ship Finance International Limited by 14.0% during the second quarter. PNC Financial Services Group Inc. now owns 95,542 shares of the shipping company’s stock valued at $1,300,000 after purchasing an additional 11,714 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its stake in shares of Ship Finance International Limited by 40.3% during the first quarter. Ameriprise Financial Inc. now owns 14,457 shares of the shipping company’s stock valued at $212,000 after purchasing an additional 4,150 shares in the last quarter. 26.40% of the stock is owned by institutional investors and hedge funds.

A number of equities analysts have weighed in on SFL shares. Zacks Investment Research raised shares of Ship Finance International Limited from a “sell” rating to a “hold” rating in a research note on Saturday, August 26th. Clarkson Capital raised shares of Ship Finance International Limited from a “neutral” rating to a “buy” rating in a research note on Tuesday, October 17th. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $15.00.

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Ship Finance International Limited (NYSE:SFL) last posted its quarterly earnings results on Wednesday, August 30th. The shipping company reported $0.30 EPS for the quarter, beating the consensus estimate of $0.28 by $0.02. Ship Finance International Limited had a net margin of 29.59% and a return on equity of 11.26%. The business had revenue of $94.22 million during the quarter, compared to analyst estimates of $95.70 million.

Ship Finance International Limited Profile

Ship Finance International Limited is a holding, and international ship owning and chartering company. The Company is engaged in the ownership and operation of vessels and offshore related assets, and also involved in the charter, purchase and sale of assets. Its assets consist of approximately 20 oil tankers, over 20 dry bulk carriers, approximately 20 container vessels, including a newbuilding, two car carriers, two jack-up drilling rigs, two ultra-deepwater drilling units, five offshore supply vessels, two chemical tankers and two newbuilding oil product tankers.

Institutional Ownership by Quarter for Ship Finance International Limited (NYSE:SFL)

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