DHT Holdings, Inc. (NYSE:DHT) was upgraded by investment analysts at TheStreet from a “d+” rating to a “c-” rating in a research report issued on Monday.

Other analysts have also issued reports about the stock. Maxim Group set a $7.00 price objective on shares of DHT Holdings and gave the company a “buy” rating in a research note on Tuesday. Zacks Investment Research upgraded shares of DHT Holdings from a “sell” rating to a “hold” rating in a research note on Monday, July 24th. Stifel Nicolaus set a $5.00 price objective on shares of DHT Holdings and gave the company a “hold” rating in a research note on Wednesday, August 9th. BidaskClub lowered shares of DHT Holdings from a “hold” rating to a “sell” rating in a research note on Tuesday, July 25th. Finally, ValuEngine lowered shares of DHT Holdings from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Two research analysts have 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. The stock has an average rating of “Hold” and an average target price of $6.00.

Shares of DHT Holdings (DHT) opened at $3.77 on Monday. The firm has a market cap of $550.88, a PE ratio of 9.44, a price-to-earnings-growth ratio of 4.74 and a beta of 0.95. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.75 and a current ratio of 1.75. DHT Holdings has a 12 month low of $3.44 and a 12 month high of $5.20.

DHT Holdings (NYSE:DHT) last released its quarterly earnings data on Monday, November 13th. The shipping company reported ($0.04) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.04. The business had revenue of $54.80 million during the quarter, compared to analyst estimates of $50.43 million. DHT Holdings had a net margin of 9.68% and a return on equity of 5.09%. DHT Holdings’s revenue was up 8.9% compared to the same quarter last year. During the same period last year, the business earned ($0.81) EPS. equities research analysts predict that DHT Holdings will post 0.16 earnings per share for the current year.

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Hedge funds have recently made changes to their positions in the company. Legal & General Group Plc grew its stake in shares of DHT Holdings by 1.1% in the first quarter. Legal & General Group Plc now owns 24,683 shares of the shipping company’s stock worth $110,000 after acquiring an additional 260 shares during the period. Bank of America Corp DE grew its stake in shares of DHT Holdings by 87.1% in the first quarter. Bank of America Corp DE now owns 26,646 shares of the shipping company’s stock worth $119,000 after acquiring an additional 12,407 shares during the period. Wellington Management Group LLP bought a new stake in shares of DHT Holdings in the first quarter worth approximately $146,000. Voya Investment Management LLC grew its stake in shares of DHT Holdings by 16.8% in the second quarter. Voya Investment Management LLC now owns 46,770 shares of the shipping company’s stock worth $194,000 after acquiring an additional 6,737 shares during the period. Finally, KCG Holdings Inc. grew its stake in shares of DHT Holdings by 270.0% in the first quarter. KCG Holdings Inc. now owns 47,542 shares of the shipping company’s stock worth $213,000 after acquiring an additional 34,692 shares during the period. Hedge funds and other institutional investors own 34.33% of the company’s stock.

About DHT Holdings

DHT Holdings, Inc operates a fleet of crude oil tankers. As of March 21, 2017, the Company’s fleet consisted of 21 crude oil tankers in operation. As of March 21, 2017, the Company’s fleet consisted of 19 very large crude carriers (VLCCs), which are tankers ranging in size from 200,000 to 320,000 deadweight tons (dwt), and two Aframax tankers (Aframaxes), which are tankers ranging in size from 80,000 to 120,000 dwt.

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