Trade Report: Today, GasLog Partners LP (GLOP) Now Covered by Analysts at Stifel Nicolaus

Today, GasLog Partners LP (GLOP) Now Covered by Analysts at Stifel Nicolaus

Stifel Nicolaus started coverage on shares of GasLog Partners LP (NYSE:GLOP) in a research note released on Monday. The firm issued a buy rating and a $24.00 price target on the stock.

A number of other research firms also recently commented on GLOP. Jefferies Group reaffirmed a buy rating and set a $24.00 price objective on shares of GasLog Partners in a research note on Tuesday, September 13th. Morgan Stanley downgraded shares of GasLog Partners from an overweight rating to an equal weight rating in a research note on Wednesday, November 2nd. Zacks Investment Research downgraded shares of GasLog Partners from a hold rating to a sell rating in a research report on Thursday, November 3rd. Clarkson Capital reissued a buy rating on shares of GasLog Partners in a research report on Friday, September 23rd. Finally, Wells Fargo & Co. raised shares of GasLog Partners from a market perform rating to an outperform rating in a research report on Friday, September 9th. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the stock. The company has a consensus rating of Buy and a consensus target price of $20.25.

GasLog Partners (NYSE:GLOP) opened at 20.65 on Monday. GasLog Partners has a 52 week low of $9.57 and a 52 week high of $22.00. The company has a 50-day moving average of $20.69 and a 200-day moving average of $19.98. The stock has a market cap of $724.73 million, a P/E ratio of 9.70 and a beta of 1.55.

GasLog Partners (NYSE:GLOP) last posted its quarterly earnings data on Thursday, October 27th. The company reported $0.54 EPS for the quarter, missing the Zacks’ consensus estimate of $0.55 by $0.01. The firm had revenue of $51.45 million for the quarter, compared to the consensus estimate of $51.49 million. During the same period in the prior year, the company posted $0.60 earnings per share. GasLog Partners’s revenue was up .0% on a year-over-year basis. On average, analysts predict that GasLog Partners will post $2.17 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 11th. Shareholders of record on Monday, November 7th were given a $0.478 dividend. This is an increase from GasLog Partners’s previous quarterly dividend of $0.43. The ex-dividend date was Thursday, November 3rd. This represents a $1.91 annualized dividend and a yield of 9.26%.

A number of hedge funds have recently modified their holdings of the stock. Kayne Anderson Capital Advisors LP purchased a new stake in shares of GasLog Partners during the third quarter valued at about $51,722,000. Duff & Phelps Investment Management Co. boosted its position in GasLog Partners by 50.7% in the third quarter. Duff & Phelps Investment Management Co. now owns 1,518,330 shares of the company’s stock valued at $33,084,000 after buying an additional 510,500 shares during the period. Morgan Stanley boosted its position in GasLog Partners by 387.9% in the third quarter. Morgan Stanley now owns 1,408,887 shares of the company’s stock valued at $30,700,000 after buying an additional 1,120,115 shares during the period. Eagle Global Advisors LLC boosted its position in GasLog Partners by 15.5% in the third quarter. Eagle Global Advisors LLC now owns 1,366,016 shares of the company’s stock valued at $29,765,000 after buying an additional 183,620 shares during the period. Finally, FMR LLC boosted its position in GasLog Partners by 312.5% in the second quarter. FMR LLC now owns 523,900 shares of the company’s stock valued at $9,944,000 after buying an additional 396,900 shares during the period.

GasLog Partners Company Profile

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