Analysts expect that GasLog Partners LP Unit (NYSE:GLOP) will report earnings of $0.48 per share for the current quarter, Zacks reports. Six analysts have made estimates for GasLog Partners LP Unit’s earnings, with the highest EPS estimate coming in at $0.55 and the lowest estimate coming in at $0.42. GasLog Partners LP Unit reported earnings per share of $0.57 in the same quarter last year, which would indicate a negative year over year growth rate of 15.8%. The company is expected to report its next earnings report on Wednesday, January 30th.

According to Zacks, analysts expect that GasLog Partners LP Unit will report full year earnings of $1.74 per share for the current fiscal year, with EPS estimates ranging from $1.72 to $1.75. For the next fiscal year, analysts forecast that the company will report earnings of $2.04 per share, with EPS estimates ranging from $1.80 to $2.40. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of analysts that cover GasLog Partners LP Unit.

GasLog Partners LP Unit (NYSE:GLOP) last released its quarterly earnings data on Thursday, October 25th. The shipping company reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.03. GasLog Partners LP Unit had a net margin of 33.57% and a return on equity of 13.09%. The business had revenue of $81.89 million during the quarter, compared to analyst estimates of $81.68 million.

GLOP has been the subject of a number of research analyst reports. Zacks Investment Research lowered shares of GasLog Partners LP Unit from a “buy” rating to a “hold” rating in a research report on Friday, November 30th. ValuEngine lowered shares of GasLog Partners LP Unit from a “buy” rating to a “hold” rating in a research report on Tuesday, November 13th. Berenberg Bank initiated coverage on shares of GasLog Partners LP Unit in a research report on Thursday, September 6th. They set a “buy” rating and a $29.00 target price for the company. Deutsche Bank initiated coverage on shares of GasLog Partners LP Unit in a research report on Wednesday, October 10th. They set a “hold” rating and a $25.00 target price for the company. Finally, Morgan Stanley cut their target price on shares of GasLog Partners LP Unit from $27.00 to $26.50 and set a “buy” rating for the company in a research report on Monday, November 19th. Four equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $27.44.

GLOP stock opened at $22.48 on Wednesday. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.31 and a quick ratio of 1.29. GasLog Partners LP Unit has a 1 year low of $21.65 and a 1 year high of $25.99. The firm has a market capitalization of $919.68 million, a P/E ratio of 10.76 and a beta of 1.14.

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 9th. Stockholders of record on Monday, November 5th were given a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a dividend yield of 9.43%. The ex-dividend date was Friday, November 2nd. GasLog Partners LP Unit’s dividend payout ratio is currently 101.44%.

Several institutional investors and hedge funds have recently made changes to their positions in GLOP. Barnett & Company Inc. raised its position in shares of GasLog Partners LP Unit by 109.8% during the third quarter. Barnett & Company Inc. now owns 4,720 shares of the shipping company’s stock valued at $118,000 after buying an additional 2,470 shares during the last quarter. BlackRock Inc. acquired a new position in shares of GasLog Partners LP Unit during the first quarter valued at about $129,000. First Republic Investment Management Inc. acquired a new position in shares of GasLog Partners LP Unit during the third quarter valued at about $206,000. Captrust Financial Advisors acquired a new position in shares of GasLog Partners LP Unit during the second quarter valued at about $213,000. Finally, California Public Employees Retirement System acquired a new position in shares of GasLog Partners LP Unit during the second quarter valued at about $322,000. 45.62% of the stock is owned by institutional investors and hedge funds.

About GasLog Partners LP Unit

GasLog Partners LP owns, operates, and acquires liquefied natural gas (LNG) carriers under multi-year charters. As of February 8, 2018, it had a fleet of 12 LNG carriers. The company was founded in 2014 and is based in Monaco.

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