DHT Holdings, Inc. (NYSE:DHT) has received an average recommendation of “Hold” from the seven analysts that are covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $6.00.

DHT has been the subject of a number of analyst reports. Zacks Investment Research cut shares of DHT Holdings from a “hold” rating to a “sell” rating in a research note on Wednesday, July 12th. BidaskClub cut shares of DHT Holdings from a “hold” rating to a “sell” rating in a research note on Tuesday, July 25th. Maxim Group set a $7.00 price objective on shares of DHT Holdings and gave the stock a “buy” rating in a research note on Thursday, August 3rd. Stifel Nicolaus set a $5.00 price objective on shares of DHT Holdings and gave the stock a “hold” rating in a research note on Wednesday, August 9th. Finally, ValuEngine cut shares of DHT Holdings from a “buy” rating to a “hold” rating in a research note on Friday, September 1st.

DHT Holdings (DHT) traded down $0.06 during midday trading on Friday, reaching $4.01. 779,202 shares of the company’s stock were exchanged, compared to its average volume of 487,551. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.75 and a quick ratio of 1.75. The stock has a market capitalization of $570.81, a price-to-earnings ratio of 8.72, a PEG ratio of 4.76 and a beta of 0.95.

DHT Holdings (NYSE:DHT) last posted its earnings results on Tuesday, August 8th. The shipping company reported $0.04 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.02 by $0.02. The firm had revenue of $59.63 million during the quarter, compared to analysts’ expectations of $58.47 million. DHT Holdings had a negative net margin of 12.48% and a positive return on equity of 6.07%. equities research analysts anticipate that DHT Holdings will post 0.16 earnings per share for the current fiscal year.

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A number of hedge funds have recently made changes to their positions in DHT. Legal & General Group Plc increased its position in DHT Holdings by 1.1% during 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 increased its position in DHT Holdings by 87.1% during 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 position in DHT Holdings during the first quarter worth $146,000. SG Americas Securities LLC increased its position in DHT Holdings by 4.0% during the first quarter. SG Americas Securities LLC now owns 35,667 shares of the shipping company’s stock worth $159,000 after acquiring an additional 1,360 shares during the period. Finally, Hollencrest Securities LLC bought a new position in DHT Holdings during the second quarter worth $187,000. 33.58% of the stock is currently owned by institutional investors and hedge funds.

DHT Holdings Company Profile

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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