CS Mckee LP grew its position in Navios Maritime Midstream Partners LP (NYSE:NAP) by 33.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 64,900 shares of the shipping company’s stock after purchasing an additional 16,100 shares during the quarter. CS Mckee LP owned approximately 0.65% of Navios Maritime Midstream Partners worth $484,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. CWA Asset Management Group LLC purchased a new position in shares of Navios Maritime Midstream Partners in the second quarter worth $133,000. Virtu KCG Holdings LLC purchased a new stake in Navios Maritime Midstream Partners during the second quarter valued at $266,000. Finally, Arrow Investment Advisors LLC purchased a new stake in Navios Maritime Midstream Partners during the second quarter valued at $570,000. Institutional investors and hedge funds own 10.99% of the company’s stock.

A number of equities research analysts recently issued reports on the stock. Citigroup upped their price target on shares of Navios Maritime Midstream Partners from $7.00 to $8.00 and gave the company a “neutral” rating in a research note on Friday, October 20th. TheStreet raised shares of Navios Maritime Midstream Partners from a “d+” rating to a “c” rating in a research note on Monday, November 13th. ValuEngine downgraded shares of Navios Maritime Midstream Partners from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Finally, Zacks Investment Research raised shares of Navios Maritime Midstream Partners from a “sell” rating to a “hold” rating in a research note on Wednesday, August 23rd. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $9.33.

Navios Maritime Midstream Partners LP (NYSE NAP) traded up $0.03 during trading on Tuesday, reaching $7.69. 83,700 shares of the company were exchanged, compared to its average volume of 103,720. The stock has a market capitalization of $163.72, a P/E ratio of 9.82, a price-to-earnings-growth ratio of 2.76 and a beta of 0.62. The company has a current ratio of 12.24, a quick ratio of 12.24 and a debt-to-equity ratio of 0.75. Navios Maritime Midstream Partners LP has a 52 week low of $6.55 and a 52 week high of $12.70.

Navios Maritime Midstream Partners (NYSE:NAP) last announced its earnings results on Thursday, October 19th. The shipping company reported $0.18 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.21 by ($0.03). Navios Maritime Midstream Partners had a net margin of 16.83% and a return on equity of 5.22%. The firm had revenue of $20.74 million during the quarter, compared to analysts’ expectations of $21.24 million. During the same period in the prior year, the company posted $0.26 EPS. The company’s revenue was down 6.6% compared to the same quarter last year. sell-side analysts anticipate that Navios Maritime Midstream Partners LP will post 0.69 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Tuesday, November 14th. Stockholders of record on Friday, November 10th were paid a $0.4225 dividend. This represents a $1.69 annualized dividend and a dividend yield of 21.98%. The ex-dividend date was Thursday, November 9th. Navios Maritime Midstream Partners’s dividend payout ratio is currently 216.67%.

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Navios Maritime Midstream Partners Profile

Navios Maritime Midstream Partners L.P. (Navios Midstream) is a holding company. The Company’s principal activity is to own, operate and acquire crude oil tankers under long-term employment contracts, as well as refined petroleum product tankers, chemical tankers, and liquefied petroleum gas (LPG) tankers under long-term employment contracts.

Institutional Ownership by Quarter for Navios Maritime Midstream Partners (NYSE:NAP)

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