Star Bulk Carriers Corp. (NASDAQ:SBLK)’s share price fell 5.2% on Monday . The stock traded as low as $4.12 and last traded at $4.22, with a volume of 54,312 shares trading hands. The stock had previously closed at $4.45.

Several equities analysts recently commented on SBLK shares. Zacks Investment Research downgraded shares of Star Bulk Carriers Corp. from a “buy” rating to a “hold” rating in a research note on Saturday, June 18th. Deutsche Bank AG restated a “hold” rating on shares of Star Bulk Carriers Corp. in a research note on Monday, April 4th. JPMorgan Chase & Co. upgraded shares of Star Bulk Carriers Corp. from a “neutral” rating to an “overweight” rating and set a $6.50 price target on the stock in a research note on Tuesday, July 19th. Finally, ABN Amro upgraded shares of Star Bulk Carriers Corp. from an “add” rating to a “buy” rating in a research note on Thursday, April 21st. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the stock. Star Bulk Carriers Corp. presently has a consensus rating of “Hold” and a consensus price target of $3.30.

The stock has a 50 day moving average price of $3.53 and a 200 day moving average price of $3.51. The stock’s market cap is $185.05 million.

Star Bulk Carriers Corp. (NASDAQ:SBLK) last posted its quarterly earnings data on Wednesday, June 29th. The company reported ($0.87) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($1.04) by $0.17. The firm had revenue of $46.30 million for the quarter. Analysts predict that Star Bulk Carriers Corp. will post ($3.01) EPS for the current fiscal year.

An institutional investor recently raised its position in Star Bulk Carriers Corp. stock. Towle & Co. raised its position in Star Bulk Carriers Corp. (NASDAQ:SBLK) by 1.8% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 4,248,435 shares of the company’s stock after buying an additional 75,949 shares during the period. Star Bulk Carriers Corp. comprises about 0.6% of Towle & Co.’s investment portfolio, making the stock its 29th largest position. Towle & Co. owned 1.94% of Star Bulk Carriers Corp. worth $2,571,000 at the end of the most recent quarter.

Star Bulk Carriers Corp. is a shipping company. The Company owns and operates a fleet of dry bulk carrier vessels. The Company transports a range of major and minor bulk commodities, including ores, coal, grains and fertilizers, along worldwide shipping routes. As of April 6, 2015, the Company’s operating fleet of 68 vessels had an aggregate capacity of approximately 7.1 million deadweight tons (dwt).

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