GasLog (NYSE:GLOG) posted its quarterly earnings data on Friday, February 16th. The shipping company reported ($0.02) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.06 by ($0.08), reports. GasLog had a return on equity of 0.16% and a net margin of 2.95%. The company had revenue of $135.80 million for the quarter, compared to analyst estimates of $135.72 million. During the same quarter in the prior year, the company posted $0.02 earnings per share. The business’s revenue was up 7.4% on a year-over-year basis.

Shares of GasLog (NYSE:GLOG) opened at $18.25 on Tuesday. The stock has a market cap of $1,460.94, a PE ratio of 260.71 and a beta of 1.30. GasLog has a 1 year low of $12.75 and a 1 year high of $22.55. The company has a debt-to-equity ratio of 1.46, a quick ratio of 1.39 and a current ratio of 1.41.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Monday, March 5th will be given a dividend of $0.14 per share. The ex-dividend date of this dividend is Friday, March 2nd. This represents a $0.56 annualized dividend and a dividend yield of 3.07%. GasLog’s dividend payout ratio is presently 800.00%.

GLOG has been the subject of a number of research reports. Zacks Investment Research lowered shares of GasLog from a “hold” rating to a “sell” rating in a report on Wednesday, February 21st. Jefferies Group assumed coverage on shares of GasLog in a report on Monday, December 18th. They issued a “buy” rating and a $20.00 price objective for the company. Seaport Global Securities reissued a “buy” rating and issued a $23.00 price objective on shares of GasLog in a report on Friday, February 23rd. Stifel Nicolaus reissued a “buy” rating and issued a $20.00 price objective (up previously from $19.00) on shares of GasLog in a report on Saturday, February 17th. Finally, Morgan Stanley lowered shares of GasLog from an “overweight” rating to an “equal weight” rating and set a $20.00 price objective for the company. in a report on Monday, February 12th. They noted that the move was a valuation call. Five equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $20.97.

Several institutional investors and hedge funds have recently modified their holdings of GLOG. SG Americas Securities LLC acquired a new stake in shares of GasLog during the third quarter worth about $103,000. Cubist Systematic Strategies LLC raised its holdings in GasLog by 23.4% in the second quarter. Cubist Systematic Strategies LLC now owns 12,656 shares of the shipping company’s stock valued at $193,000 after acquiring an additional 2,403 shares in the last quarter. QS Investors LLC acquired a new stake in GasLog in the second quarter valued at approximately $194,000. Cambridge Investment Research Advisors Inc. acquired a new stake in GasLog in the fourth quarter valued at approximately $207,000. Finally, Ameriprise Financial Inc. acquired a new stake in GasLog in the second quarter valued at approximately $244,000. 48.66% of the stock is currently owned by institutional investors and hedge funds.

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GasLog Company Profile

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.

Earnings History for GasLog (NYSE:GLOG)

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