GasLog Partners (GLOP) to Release Quarterly Earnings on Thursday

GasLog Partners (NYSE:GLOPGet Rating) will issue its quarterly earnings data before the market opens on Thursday, January 26th. Analysts expect the company to announce earnings of $0.72 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

GasLog Partners (NYSE:GLOPGet Rating) last announced its quarterly earnings data on Thursday, October 27th. The shipping company reported $0.63 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.36. The company had revenue of $95.68 million during the quarter, compared to analyst estimates of $75.19 million. GasLog Partners had a net margin of 0.19% and a return on equity of 18.83%. On average, analysts expect GasLog Partners to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

GasLog Partners Stock Performance

GLOP stock remained flat at $6.98 during mid-day trading on Tuesday. 200,533 shares of the company’s stock traded hands, compared to its average volume of 205,338. The firm has a market cap of $368.52 million, a P/E ratio of -17.45 and a beta of 2.34. The company has a debt-to-equity ratio of 1.31, a current ratio of 1.29 and a quick ratio of 1.27. GasLog Partners has a 52 week low of $3.24 and a 52 week high of $8.55. The stock’s fifty day moving average is $7.18 and its two-hundred day moving average is $6.57.

GasLog Partners Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 10th. Stockholders of record on Monday, November 7th were issued a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.57%. The ex-dividend date was Friday, November 4th. GasLog Partners’s dividend payout ratio (DPR) is presently -10.00%.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of GasLog Partners from a “buy” rating to a “strong-buy” rating in a research report on Friday, October 28th.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Citigroup Inc. purchased a new position in shares of GasLog Partners in the first quarter worth approximately $38,000. Atria Wealth Solutions Inc. purchased a new position in shares of GasLog Partners in the first quarter worth approximately $58,000. Quantbot Technologies LP purchased a new position in shares of GasLog Partners in the second quarter worth approximately $113,000. IHT Wealth Management LLC increased its position in shares of GasLog Partners by 16.6% in the third quarter. IHT Wealth Management LLC now owns 34,448 shares of the shipping company’s stock worth $178,000 after acquiring an additional 4,906 shares in the last quarter. Finally, Goldman Sachs Group Inc. purchased a new position in shares of GasLog Partners in the first quarter worth approximately $314,000. 12.32% of the stock is owned by hedge funds and other institutional investors.

About GasLog Partners

(Get Rating)

GasLog Partners LP engages in the operation and acquisition of liquefied natural gas carriers. It owns bareboat fleet of LNG carriers including tri-fuel diesel electric engine propulsion and stream vessels, and ships which operates under long-term time charters. The company was founded on January 23, 2014 and is headquartered in Piraeus, Greece.

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Earnings History for GasLog Partners (NYSE:GLOP)

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