DHT Holdings, Inc. (NYSE:DHT).
Shares of DHT Holdings, Inc. (NYSE:DHT) hit a new 52 week low reaching $4.02 as trading wrapped up on Tuesday. Shares traded up with a change of $0.02 ending the day at $4.10. Volume came in at 1,542,662 and the stock hit $4.16 at its intraday high.
DHT Holdings, Inc. also recently declared a dividend paid on Wednesday the 31st of August 2016. The dividend was $0.218 per share for the quarter which is $0.87 annualized. This dividend amount represented a yeild of $20.86. The ex-dividend date was set for Monday the 22nd of August 2016.
Shares last traded at $4.10 which is slightly below the 50 day moving average which is $4.58 and which is marginally lower than the 200 day moving average of $5.21. The 50 day moving average was down $-0.48 whereas the 200 day average was down by -21.32%.
DHT Holdings, Inc. currently has a P/E ratio of 3.36 and the market cap of the company is 382.80M. In the latest earnings report the EPS was $1.22 and is projected to be $0.98 for the current year with 93,366,000 shares now outstanding. Analysts expect next quarter’s EPS to be $0.24 with next year’s EPS projected to be $0.62.
A few Wall Street analysts have weighed in. Equity analyst Wells Fargo added DHT to its research portfolio with an initial rating of “Market Perform”. On August 25 the company was rated “Equal-weight” according to a Morgan Stanley report down from the previous “Overweight” rating.
July 27 investment analysts at Jefferies maintained a stock rating of “Neutral” and moved down the price target from $8.00 to $4.50. UBS downgraded the stock and lowered the price target on July 26 changing the price objective from $9.50 to $4.50 and moving the rating from “Buy” to “Neutral”.
On July 26 the company was downgraded from “Buy” to “Neutral” and a price target of $4.50 was set by UBS. Seaport Global started covering the stock setting a rating of “Buy” and establishing a price target of $8.50.