Other equities analysts have also issued research reports about the stock. Jefferies Group LLC reissued a buy rating and issued a $20.00 price target on shares of GasLog in a report on Wednesday, October 11th. BidaskClub lowered shares of GasLog from a strong-buy rating to a buy rating in a report on Monday, July 24th. Zacks Investment Research raised shares of GasLog from a sell rating to a hold rating in a report on Friday, July 28th. Finally, DNB Markets lowered shares of GasLog from a buy rating to a hold rating and set a $17.80 target price on the stock. in a report on Wednesday, September 13th. Five research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. GasLog has an average rating of Buy and a consensus target price of $18.98.
Shares of GasLog (NYSE:GLOG) traded up $1.15 during trading hours on Friday, hitting $18.25. 625,842 shares of the stock were exchanged, compared to its average volume of 397,225. The company has a market cap of $1,470.00, a price-to-earnings ratio of 342.00 and a beta of 1.27. GasLog has a 1 year low of $12.75 and a 1 year high of $18.35. The company has a quick ratio of 1.32, a current ratio of 1.35 and a debt-to-equity ratio of 1.54.
GasLog (NYSE:GLOG) last issued its quarterly earnings results on Thursday, November 2nd. The shipping company reported $0.05 EPS for the quarter, topping the Zacks’ consensus estimate of $0.01 by $0.04. The firm had revenue of $131.24 million for the quarter, compared to analyst estimates of $132.32 million. GasLog had a net margin of 7.34% and a return on equity of 0.20%. The company’s revenue was up 8.7% compared to the same quarter last year. research analysts forecast that GasLog will post 0.09 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 22nd. Investors of record on Monday, November 13th will be issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 3.07%. The ex-dividend date of this dividend is Friday, November 10th. GasLog’s dividend payout ratio is currently 160.00%.
A number of institutional investors and hedge funds have recently made changes to their positions in the business. FMR LLC boosted its position in GasLog by 3.4% during the 2nd quarter. FMR LLC now owns 6,212,415 shares of the shipping company’s stock valued at $94,739,000 after buying an additional 203,681 shares during the period. Fairview Capital Investment Management LLC boosted its position in GasLog by 6.1% during the 2nd quarter. Fairview Capital Investment Management LLC now owns 4,957,606 shares of the shipping company’s stock valued at $75,603,000 after buying an additional 287,164 shares during the period. Eagle Global Advisors LLC boosted its position in GasLog by 30.6% during the 2nd quarter. Eagle Global Advisors LLC now owns 4,463,509 shares of the shipping company’s stock valued at $68,069,000 after buying an additional 1,046,574 shares during the period. Dimensional Fund Advisors LP boosted its position in GasLog by 1.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,195,314 shares of the shipping company’s stock valued at $33,479,000 after buying an additional 21,703 shares during the period. Finally, Frontier Capital Management Co. LLC boosted its position in GasLog by 53.4% during the 3rd quarter. Frontier Capital Management Co. LLC now owns 1,670,536 shares of the shipping company’s stock valued at $29,151,000 after buying an additional 581,386 shares during the period. 48.53% of the stock is owned by institutional investors and hedge funds.
GasLog Ltd. is an international owner, operator and manager of liquefied natural gas (LNG) carriers. The Company provides support to international energy companies as part of their LNG logistics chain. The Company’s owned consolidated fleet consists of 27 LNG carriers, including 22 ships in operation and five LNG carriers on order.
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