Aegean Marine Petroleum Network Inc. (NYSE:ANW)’s share price was down 1.5% during trading on Friday . The stock traded as low as $6.31 and last traded at $6.38, with a volume of 153,684 shares changing hands. The stock had previously closed at $6.48.

Several equities analysts have commented on ANW shares. Jefferies Group reaffirmed a “buy” rating and issued a $14.00 price target (down previously from $15.00) on shares of Aegean Marine Petroleum Network in a report on Thursday, May 26th. Zacks Investment Research raised Aegean Marine Petroleum Network from a “sell” rating to a “buy” rating and set a $8.25 price target for the company in a report on Wednesday, May 18th. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company’s stock. Aegean Marine Petroleum Network presently has an average rating of “Hold” and a consensus price target of $15.31.

The stock has a 50-day moving average price of $5.98 and a 200 day moving average price of $6.95. The company has a market capitalization of $313.73 million and a price-to-earnings ratio of 8.74.

Aegean Marine Petroleum Network (NYSE:ANW) last announced its quarterly earnings data on Tuesday, May 24th. The company reported $0.24 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.25 by $0.01. During the same period in the previous year, the business posted $0.25 earnings per share. The firm earned $752.93 million during the quarter. Aegean Marine Petroleum Network’s quarterly revenue was down 25.8% compared to the same quarter last year. Equities analysts predict that Aegean Marine Petroleum Network Inc. will post $0.98 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 21st. Stockholders of record on Tuesday, June 7th were issued a $0.02 dividend. This represents a $0.08 annualized dividend and a dividend yield of 1.28%. The ex-dividend date of this dividend was Friday, June 3rd.

A hedge fund recently bought a new stake in Aegean Marine Petroleum Network stock. Sabal Capital Management LLC purchased a new position in Aegean Marine Petroleum Network Inc. (NYSE:ANW) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 506,308 shares of the company’s stock, valued at approximately $4,233,000. Aegean Marine Petroleum Network makes up about 7.0% of Sabal Capital Management LLC’s portfolio, making the stock its 7th largest position. Sabal Capital Management LLC owned approximately 1.02% of Aegean Marine Petroleum Network at the end of the most recent reporting period.

Aegean Marine Petroleum Network Inc is an international marine fuel logistics company. The Company markets and physically supplies refined marine fuel and lubricants to vessels in port, at sea and on rivers. As a physical supplier, the Company procures marine fuel from refineries, oil producers and other sources, and resells and delivers the fuels from its bunkering vessels to a range of end users.

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