New York State Common Retirement Fund decreased its position in GasLog LP. (NYSE:GLOG) by 0.0% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 40,900 shares of the shipping company’s stock after selling 1 shares during the period. New York State Common Retirement Fund owned about 0.05% of GasLog LP. worth $624,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Capital Management Associates NY acquired a new position in shares of GasLog LP. in the 2nd quarter worth approximately $290,000. Kayne Anderson Capital Advisors LP raised its holdings in shares of GasLog LP. by 40.8% in the 2nd quarter. Kayne Anderson Capital Advisors LP now owns 509,547 shares of the shipping company’s stock worth $7,760,000 after buying an additional 147,547 shares in the last quarter. Fort Washington Investment Advisors Inc. OH raised its holdings in shares of GasLog LP. by 232.8% in the 2nd quarter. Fort Washington Investment Advisors Inc. OH now owns 96,066 shares of the shipping company’s stock worth $1,465,000 after buying an additional 67,200 shares in the last quarter. Schwab Charles Investment Management Inc. raised its holdings in shares of GasLog LP. by 19.4% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 73,800 shares of the shipping company’s stock worth $1,126,000 after buying an additional 12,000 shares in the last quarter. Finally, Advisors Asset Management Inc. raised its holdings in shares of GasLog LP. by 15.6% in the 2nd quarter. Advisors Asset Management Inc. now owns 60,903 shares of the shipping company’s stock worth $929,000 after buying an additional 8,198 shares in the last quarter. 49.05% of the stock is owned by hedge funds and other institutional investors.

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Shares of GasLog LP. (NYSE:GLOG) opened at $18.80 on Friday. The company has a market capitalization of $1,524.28, a P/E ratio of 378.00 and a beta of 1.26. GasLog LP. has a 12-month low of $12.75 and a 12-month high of $19.20. The company has a current ratio of 1.45, a quick ratio of 1.41 and a debt-to-equity ratio of 1.48.

GasLog LP. (NYSE:GLOG) last announced its quarterly earnings data on Thursday, November 2nd. The shipping company reported $0.05 EPS for the quarter, beating the Zacks’ consensus estimate of $0.01 by $0.04. The firm had revenue of $131.24 million for the quarter, compared to analyst estimates of $132.32 million. GasLog LP. had a return on equity of 0.19% and a net margin of 7.34%. The firm’s revenue was up 8.7% compared to the same quarter last year. analysts anticipate that GasLog LP. will post 0.06 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 22nd. Shareholders of record on Monday, November 13th will be given a $0.14 dividend. The ex-dividend date of this dividend is Friday, November 10th. This represents a $0.56 dividend on an annualized basis and a yield of 2.98%. GasLog LP.’s payout ratio is 160.00%.

A number of equities analysts have recently issued reports on GLOG shares. Zacks Investment Research cut GasLog LP. from a “hold” rating to a “sell” rating in a report on Wednesday, October 4th. Jefferies Group LLC reissued a “buy” rating and issued a $20.00 target price on shares of GasLog LP. in a report on Tuesday, September 5th. Stifel Nicolaus reissued a “buy” rating and issued a $19.00 target price on shares of GasLog LP. in a report on Friday, November 3rd. BidaskClub lowered GasLog LP. from a “buy” rating to a “hold” rating in a research report on Monday, August 14th. Finally, DNB Markets lowered GasLog LP. from a “buy” rating to a “hold” rating and set a $17.80 price target on the stock. in a research report on Wednesday, September 13th. Five research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $18.98.

GasLog LP. Profile

GasLog Ltd. is an international owner, operator and manager of liquefied natural gas (LNG) carriers. The Company provides support to international energy companies as part of their LNG logistics chain. The Company’s owned consolidated fleet consists of 27 LNG carriers, including 22 ships in operation and five LNG carriers on order.

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Institutional Ownership by Quarter for GasLog LP. (NYSE:GLOG)

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