Ship Finance International Ltd. (NYSE:SFL) traded down 3.2% on Thursday . The company traded as low as $13.77 and last traded at $13.79, with a volume of 720,057 shares. The stock had previously closed at $14.25.

A number of equities research analysts have weighed in on the stock. Zacks Investment Research downgraded shares of Ship Finance International from a “hold” rating to a “sell” rating in a research note on Thursday, June 23rd. Clarkson Capital reiterated a “neutral” rating on shares of Ship Finance International in a research note on Friday, June 17th.

The stock has a market cap of $1.33 billion and a P/E ratio of 7.21. The company’s 50 day moving average is $15.06 and its 200 day moving average is $14.31.

Ship Finance International (NYSE:SFL) last released its quarterly earnings data on Tuesday, May 31st. The company reported $0.61 EPS for the quarter, missing the consensus estimate of $0.63 by $0.02. The firm earned $174 million during the quarter, compared to the consensus estimate of $116 million. Analysts expect that Ship Finance International Ltd. will post $2.13 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 29th. Stockholders of record on Tuesday, June 14th were issued a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 12.64%. The ex-dividend date of this dividend was Friday, June 10th.

A number of large investors have bought and sold shares of the stock. Rhumbline Advisers boosted its stake in Ship Finance International by 0.4% in the fourth quarter. Rhumbline Advisers now owns 82,582 shares of the company’s stock worth $1,368,000 after buying an additional 350 shares during the period. California State Teachers Retirement System boosted its stake in Ship Finance International by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 109,877 shares of the company’s stock worth $1,821,000 after buying an additional 1,724 shares during the period. Bank of Montreal Can boosted its stake in Ship Finance International by 27,027.8% in the fourth quarter. Bank of Montreal Can now owns 115,293 shares of the company’s stock worth $1,910,000 after buying an additional 114,868 shares during the period. Numeric Investors LLC boosted its stake in Ship Finance International by 56.5% in the fourth quarter. Numeric Investors LLC now owns 153,200 shares of the company’s stock worth $2,539,000 after buying an additional 55,300 shares during the period. Finally, California Public Employees Retirement System boosted its stake in Ship Finance International by 2.1% in the fourth quarter. California Public Employees Retirement System now owns 212,900 shares of the company’s stock worth $3,528,000 after buying an additional 4,300 shares during the period.

Ship Finance International Limited is an international ship owning and chartering company. The Company is engaged primarily in the ownership and operation of vessels and offshore related assets, and also involved in the charter, purchase and sale of assets. The Company operates through subsidiaries, partnerships and branches located in Bermuda, Cyprus, Malta, Liberia, Norway, Singapore, the United Kingdom and the Marshall Islands.

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