Angeliki Frangou Acquires 1,185 Shares of Navios Maritime Partners (NYSE:NMM) Stock

Navios Maritime Partners LP (NYSE:NMM) insider Angeliki Frangou acquired 1,185 shares of the firm’s stock in a transaction that occurred on Monday, April 27th. The stock was bought at an average price of $71.44 per share, with a total value of $84,656.40. Following the completion of the acquisition, the insider directly owned 4,707,860 shares of the company’s stock, valued at $336,329,518.40. This trade represents a 0.03% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Angeliki Frangou also recently made the following trade(s):

• On Wednesday, April 29th, Angeliki Frangou acquired 1,159 shares of Navios Maritime Partners stock. The stock was bought at an average price of $71.72 per share, with a total value of $83,123.48.
• On Tuesday, April 28th, Angeliki Frangou acquired 1,145 shares of Navios Maritime Partners stock. The stock was bought at an average price of $72.08 per share, with a total value of $82,531.60.
• On Friday, April 24th, Angeliki Frangou acquired 1,196 shares of Navios Maritime Partners stock. The stock was bought at an average price of $70.39 per share, with a total value of $84,186.44.
• On Thursday, April 23rd, Angeliki Frangou purchased 1,187 shares of Navios Maritime Partners stock. The shares were acquired at an average price of $70.22 per share, with a total value of $83,351.14.
• On Wednesday, April 22nd, Angeliki Frangou purchased 1,214 shares of Navios Maritime Partners stock. The shares were acquired at an average price of $69.58 per share, with a total value of $84,470.12.
• On Monday, April 20th, Angeliki Frangou purchased 1,190 shares of Navios Maritime Partners stock. The shares were acquired at an average price of $70.30 per share, with a total value of $83,657.00.
• On Friday, April 17th, Angeliki Frangou purchased 1,201 shares of Navios Maritime Partners stock. The shares were acquired at an average price of $70.39 per share, with a total value of $84,538.39.
• On Tuesday, April 14th, Angeliki Frangou purchased 1,192 shares of Navios Maritime Partners stock. The shares were acquired at an average price of $70.39 per share, with a total value of $83,904.88.
• On Thursday, April 16th, Angeliki Frangou purchased 1,199 shares of Navios Maritime Partners stock. The shares were acquired at an average price of $69.71 per share, with a total value of $83,582.29.
• On Wednesday, April 15th, Angeliki Frangou purchased 1,201 shares of Navios Maritime Partners stock. The shares were acquired at an average price of $70.23 per share, with a total value of $84,346.23.

Navios Maritime Partners Stock Performance

Shares of Navios Maritime Partners stock opened at $72.07 on Friday. The company has a current ratio of 1.12, a quick ratio of 1.13 and a debt-to-equity ratio of 0.56. The business has a 50-day moving average price of $68.28 and a two-hundred day moving average price of $58.61. Navios Maritime Partners LP has a 1-year low of $34.17 and a 1-year high of $74.21. The company has a market cap of $2.07 billion, a P/E ratio of 7.50 and a beta of 1.23.

Navios Maritime Partners (NYSE:NMM) last issued its quarterly earnings results on Thursday, February 19th. The shipping company reported $3.40 earnings per share for the quarter, topping analysts’ consensus estimates of $2.41 by $0.99. Navios Maritime Partners had a return on equity of 9.17% and a net margin of 21.23%.The firm had revenue of $365.55 million during the quarter, compared to the consensus estimate of $316.00 million. During the same period last year, the business posted $2.61 EPS. The business’s revenue was up 10.0% compared to the same quarter last year.

Navios Maritime Partners Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 14th. Shareholders of record on Monday, May 11th will be issued a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Monday, May 11th. This is an increase from Navios Maritime Partners’s previous quarterly dividend of $0.05. Navios Maritime Partners’s dividend payout ratio (DPR) is 2.08%.

Hedge Funds Weigh In On Navios Maritime Partners

Large investors have recently added to or reduced their stakes in the business. Royal Bank of Canada lifted its position in Navios Maritime Partners by 50.9% in the 4th quarter. Royal Bank of Canada now owns 599 shares of the shipping company’s stock valued at $32,000 after acquiring an additional 202 shares in the last quarter. State of Wyoming bought a new position in Navios Maritime Partners in the 4th quarter valued at about $137,000. Corient Private Wealth LLC bought a new position in Navios Maritime Partners in the 4th quarter valued at about $207,000. Mariner LLC bought a new position in Navios Maritime Partners in the 4th quarter valued at about $208,000. Finally, Blackhawk Capital Partners LLC bought a new position in Navios Maritime Partners in the 3rd quarter valued at about $247,000. Institutional investors own 62.74% of the company’s stock.

Wall Street Analysts Forecast Growth

NMM has been the topic of a number of research analyst reports. Jefferies Financial Group initiated coverage on shares of Navios Maritime Partners in a research report on Friday, April 24th. They set a “buy” rating and a $85.00 price objective on the stock. Wall Street Zen raised shares of Navios Maritime Partners from a “buy” rating to a “strong-buy” rating in a research report on Saturday, March 21st. Finally, Weiss Ratings raised shares of Navios Maritime Partners from a “hold (c)” rating to a “buy (b-)” rating in a research report on Tuesday, March 17th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $85.00.

Key Navios Maritime Partners News

Here are the key news stories impacting Navios Maritime Partners this week:

• Positive Sentiment: Large insider buying by controlling shareholder — Angeliki Frangou executed multiple open‑market purchases in April (multi‑day buys of ~1,100–1,200 shares each, including 1,145 shares on Apr. 28) increasing her holding to ~4.7M shares; the scale and cadence of buys signal management confidence in the business and outlook. Insider Buying: Navios Maritime Partners (NYSE:NMM) Insider Purchases 1,145 Shares of Stock
• Positive Sentiment: Dividend increase — Navios raised its quarterly dividend from $0.05 to $0.06 (20% increase), payable May 14 with record date May 11; modest yield (~0.3%) but the hike is a positive signal for cash flow stability and returns policy. MarketBeat NMM Summary
• Positive Sentiment: Analyst coverage and price targets tilted positive — recent coverage includes Jefferies initiating with a Buy and $85 target and upgrades from other shops to Buy/Strong‑Buy; analyst optimism supports higher valuations versus peers. Analyst Notes on NMM
• Neutral Sentiment: Bond listing on Euronext Oslo Børs — Navios Partners began trading a senior unsecured bond issue (initial USD 300M within a USD 500M program). This improves access to capital and liquidity but also increases indebtedness; net impact depends on use of proceeds and refinancings. Navios Maritime Partners L.P. Announces First Day of Trading of Bonds at Euronext Oslo Børs
• Neutral Sentiment: Institutional flows and fundamentals — modest Q/Q institutional adjustments noted and a high institutional ownership (~63%); latest reported quarterly EPS and revenue beat (Feb results) underpin fundamentals but are already priced in to some extent. MarketBeat NMM Summary

About Navios Maritime Partners

Navios Maritime Partners L.P. (NYSE: NMM) is a dry bulk shipping company that owns and operates a fleet of Capesize, Panamax and Supramax vessels. The partnership charters its vessels under medium- and long-term contracts to a diverse group of charterers, providing seaborne transportation for major bulk cargoes such as iron ore, coal, grain and fertilizers. Through this asset-light model, Navios Maritime Partners seeks to generate stable cash flows while retaining flexibility to capitalize on market opportunities.

Formed in November 2007 and sponsored by Navios Maritime Holdings Inc, the partnership leverages the operating platform and commercial management capabilities of the Navios group.