Ship Finance International Ltd. (NYSE:SFL) traded up 3.8% during trading on Monday . The stock traded as high as $14.83 and last traded at $14.78, with a volume of 358,651 shares trading hands. The stock had previously closed at $14.24.

A number of research firms have issued reports on SFL. Zacks Investment Research downgraded shares of Ship Finance International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 26th. Clarkson Capital reiterated a “neutral” rating on shares of Ship Finance International in a research report on Friday, June 17th.

The company has a market capitalization of $1.39 billion and a P/E ratio of 7.51. The stock has a 50 day moving average price of $15.06 and a 200-day moving average price of $14.31.

Ship Finance International (NYSE:SFL) last issued its quarterly earnings results 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 had revenue of $174 million for 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 year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 29th. Stockholders of record on Tuesday, June 14th were given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 12.14%. The ex-dividend date of this dividend was Friday, June 10th.

A number of hedge funds and institutional investors have recently modified their holdings of SFL. California State Teachers Retirement System boosted its position in shares of 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 in the last quarter. Great West Life Assurance Co. Can purchased a new position in shares of Ship Finance International during the fourth quarter worth about $5,211,000. Rhumbline Advisers boosted its position in shares of 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 in the last quarter. LSV Asset Management boosted its position in shares of Ship Finance International by 1,259.2% in the fourth quarter. LSV Asset Management now owns 879,364 shares of the company’s stock worth $14,571,000 after buying an additional 814,665 shares in the last quarter. Finally, California Public Employees Retirement System boosted its position in shares of 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 in the last quarter.

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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