Tsakos Energy Navigation Ltd. (NYSE:TNP) shares fell 5.1% on Thursday . The stock traded as low as $4.64 and last traded at $4.70, with a volume of 986,031 shares. The stock had previously closed at $4.95.

Several research firms recently weighed in on TNP. Credit Suisse Group AG reissued an “outperform” rating on shares of Tsakos Energy Navigation in a research note on Wednesday, June 1st. Jefferies Group restated a “buy” rating on shares of Tsakos Energy Navigation in a report on Tuesday, May 31st. Zacks Investment Research upgraded shares of Tsakos Energy Navigation from a “sell” rating to a “hold” rating in a report on Friday, March 18th. JPMorgan Chase & Co. dropped their target price on shares of Tsakos Energy Navigation from $14.00 to $11.00 and set a “buy” rating on the stock in a report on Thursday, April 7th. Finally, Morgan Stanley restated an “overweight” rating and set a $8.00 target price (down from $8.50) on shares of Tsakos Energy Navigation in a report on Wednesday, June 1st. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $9.71.

The stock’s 50 day moving average price is $5.53 and its 200-day moving average price is $5.98. The firm has a market cap of $423.00 million and a P/E ratio of 3.23.

Tsakos Energy Navigation (NYSE:TNP) last posted its quarterly earnings results on Tuesday, May 31st. The company reported $0.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.01. The business had revenue of $99.60 million for the quarter, compared to the consensus estimate of $111.56 million. Tsakos Energy Navigation’s quarterly revenue was down 18.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.42 earnings per share. Analysts predict that Tsakos Energy Navigation Ltd. will post $1.25 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 10th. Investors of record on Wednesday, August 3rd will be issued a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 6.52%. The ex-dividend date is Monday, August 1st.

Several institutional investors have recently modified their holdings of the company. Afam Capital Inc. boosted its position in shares of Tsakos Energy Navigation by 5.7% in the fourth quarter. Afam Capital Inc. now owns 200,972 shares of the company’s stock worth $1,592,000 after buying an additional 10,922 shares in the last quarter. Oxford Asset Management boosted its position in shares of Tsakos Energy Navigation by 1,355.6% in the fourth quarter. Oxford Asset Management now owns 290,389 shares of the company’s stock worth $2,181,000 after buying an additional 270,439 shares in the last quarter. Trilogy Global Advisors LP boosted its position in shares of Tsakos Energy Navigation by 12.9% in the fourth quarter. Trilogy Global Advisors LP now owns 293,047 shares of the company’s stock worth $2,321,000 after buying an additional 33,592 shares in the last quarter. Russell Frank Co boosted its position in shares of Tsakos Energy Navigation by 9.9% in the fourth quarter. Russell Frank Co now owns 733,689 shares of the company’s stock worth $5,510,000 after buying an additional 66,226 shares in the last quarter. Finally, LSV Asset Management boosted its position in shares of Tsakos Energy Navigation by 634.9% in the fourth quarter. LSV Asset Management now owns 712,900 shares of the company’s stock worth $5,646,000 after buying an additional 615,900 shares in the last quarter.

Tsakos Energy Navigation Limited is a provider of international seaborne crude oil and petroleum product transportation services. As of April 8, 2015, the Company operated a fleet of 47 modern crude oil and petroleum product tankers that provide marine transportation services for national and other independent oil companies and refiners under long, medium and short-term charters.

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