1 day Ago By ABMN Staff
American Century Companies Inc. increased its stake in Costamare Inc. ( NYSE:CMRE – Free Report ) by 18.
8% in the fourth quarter, Holdings Channel reports. The institutional investor owned 1,077,400 shares of the shipping company’s stock after acquiring an additional 170,412 shares during the quarter. American Century Companies Inc.
’s holdings in Costamare were worth $13,845,000 as of its most recent SEC filing. Several other institutional investors have also recently added to or reduced their stakes in CMRE. Intech Investment Management LLC bought a new stake in shares of Costamare in the 3rd quarter worth about $195,000.
Charles Schwab Investment Management Inc. lifted its holdings in Costamare by 3.8% during the 3rd quarter.
Charles Schwab Investment Management Inc. now owns 433,995 shares of the shipping company’s stock worth $6,822,000 after buying an additional 15,983 shares during the last quarter. FMR LLC grew its position in shares of Costamare by 261.
9% in the 3rd quarter. FMR LLC now owns 24,763 shares of the shipping company’s stock worth $389,000 after acquiring an additional 17,921 shares in the last quarter. BNP Paribas Financial Markets increased its holdings in shares of Costamare by 141.
9% in the 3rd quarter. BNP Paribas Financial Markets now owns 62,773 shares of the shipping company’s stock valued at $987,000 after acquiring an additional 36,822 shares during the last quarter. Finally, Quarry LP raised its position in shares of Costamare by 157.
5% during the 3rd quarter. Quarry LP now owns 3,275 shares of the shipping company’s stock valued at $51,000 after acquiring an additional 2,003 shares in the last quarter. 58.
08% of the stock is owned by institutional investors and hedge funds. Costamare Stock Up 4.3 % Costamare stock opened at $10.
27 on Wednesday. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.
56 and a current ratio of 1.65. Costamare Inc.
has a one year low of $9.66 and a one year high of $17.58.
The company has a 50-day simple moving average of $10.63 and a 200-day simple moving average of $12.61.
The firm has a market capitalization of $1.23 billion, a P/E ratio of 4.21 and a beta of 1.
28. Costamare Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Thursday, February 6th. Shareholders of record on Tuesday, January 21st were paid a dividend of $0.
115 per share. This represents a $0.46 annualized dividend and a yield of 4.
48%. The ex-dividend date was Tuesday, January 21st. Costamare’s payout ratio is currently 18.
85%. Wall Street Analysts Forecast Growth A number of equities analysts have commented on CMRE shares. StockNews.
com downgraded shares of Costamare from a “buy” rating to a “hold” rating in a report on Friday, March 14th. Jefferies Financial Group reaffirmed a “hold” rating and issued a $13.00 price target on shares of Costamare in a report on Wednesday, February 5th.
Check Out Our Latest Research Report on CMRE Costamare Company Profile ( Free Report ) Featured Articles Want to see what other hedge funds are holding CMRE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Costamare Inc. ( NYSE:CMRE – Free Report ).
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