2 weeks Ago By ABMN Staff
Bank of New York Mellon Corp reduced its holdings in Himalaya Shipping Ltd. ( NYSE:HSHP – Free Report ) by 5.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC).
The firm owned 60,014 shares of the company’s stock after selling 3,375 shares during the quarter. Bank of New York Mellon Corp’s holdings in Himalaya Shipping were worth $292,000 at the end of the most recent quarter. Several other hedge funds have also recently added to or reduced their stakes in HSHP.
AM Investment Strategies LLC bought a new stake in Himalaya Shipping during the fourth quarter worth approximately $49,000. Salvus Wealth Management LLC increased its position in shares of Himalaya Shipping by 27.6% during the 4th quarter.
Salvus Wealth Management LLC now owns 13,045 shares of the company’s stock valued at $63,000 after purchasing an additional 2,825 shares during the period. Quadrature Capital Ltd bought a new stake in shares of Himalaya Shipping in the 3rd quarter worth $116,000. SG Americas Securities LLC bought a new stake in shares of Himalaya Shipping in the 4th quarter worth $66,000.
Finally, Barclays PLC lifted its holdings in shares of Himalaya Shipping by 143.3% in the third quarter. Barclays PLC now owns 114,004 shares of the company’s stock valued at $987,000 after buying an additional 67,149 shares during the period.
Institutional investors own 22.33% of the company’s stock. Himalaya Shipping Price Performance NYSE:HSHP opened at $5.
85 on Friday. The company has a quick ratio of 0.87, a current ratio of 0.
87 and a debt-to-equity ratio of 4.34. The business’s 50-day moving average price is $5.
27 and its 200 day moving average price is $6.10. Himalaya Shipping Ltd.
has a 52-week low of $4.48 and a 52-week high of $9.76.
The firm has a market cap of $233.20 million, a P/E ratio of 12.19 and a beta of 2.
32. Himalaya Shipping Announces Dividend The firm also recently declared a monthly dividend, which will be paid on Tuesday, April 22nd. Shareholders of record on Wednesday, March 19th will be given a $0.
005 dividend. The ex-dividend date is Tuesday, March 18th. This represents a $0.
06 annualized dividend and a yield of 1.03%. Himalaya Shipping’s dividend payout ratio (DPR) is 33.
33%. Himalaya Shipping Company Profile ( Free Report ) Himalaya Shipping Ltd. provides dry bulk shipping services worldwide.
The company operates a fleet of vessels. It serves major commodity trading, commodity and energy transition, and multi-modal transport companies. Himalaya Shipping Ltd.
was incorporated in 2021 and is based in Hamilton, Bermuda. Recommended Stories Want to see what other hedge funds are holding HSHP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Himalaya Shipping Ltd.
( NYSE:HSHP – Free Report ). Receive News & Ratings for Himalaya Shipping Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Himalaya Shipping and related companies with MarketBeat.com's FREE daily email newsletter .
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