TheStreet upgraded shares of Navios Maritime Midstream Partners LP (NYSE:NAP) from a d+ rating to a c rating in a research note issued to investors on Monday.

Other research analysts also recently issued research reports about the stock. ValuEngine upgraded shares of Navios Maritime Midstream Partners from a hold rating to a buy rating in a research report on Tuesday, October 3rd. Zacks Investment Research upgraded shares of Navios Maritime Midstream Partners from a sell rating to a hold rating in a research report on Wednesday, August 23rd. Finally, Citigroup Inc. upped their price target on shares of Navios Maritime Midstream Partners from $7.00 to $8.00 and gave the stock a neutral rating in a research report on Friday, October 20th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the stock. The stock presently has an average rating of Hold and a consensus price target of $9.33.

Shares of Navios Maritime Midstream Partners (NYSE NAP) opened at $7.65 on Monday. Navios Maritime Midstream Partners has a 52 week low of $6.55 and a 52 week high of $12.70. The company has a quick ratio of 12.24, a current ratio of 12.24 and a debt-to-equity ratio of 0.75. The company has a market cap of $150.18 and a price-to-earnings ratio of 10.04.

Navios Maritime Midstream Partners (NYSE:NAP) last issued its earnings results on Thursday, October 19th. The shipping company reported $0.18 EPS 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 analyst estimates of $21.24 million. The firm’s revenue for the quarter was down 6.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.26 EPS. sell-side analysts expect that Navios Maritime Midstream Partners will post 0.69 earnings per share for the current fiscal year.

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The business also recently declared a quarterly dividend, which was paid on Tuesday, November 14th. Investors of record on Friday, November 10th were given a dividend of $0.4225 per share. The ex-dividend date was Thursday, November 9th. This represents a $1.69 annualized dividend and a yield of 22.09%. Navios Maritime Midstream Partners’s dividend payout ratio (DPR) is 219.48%.

A number of hedge funds and other institutional investors have recently modified their holdings of NAP. CWA Asset Management Group LLC acquired a new position in Navios Maritime Midstream Partners during the 2nd quarter worth about $133,000. Virtu KCG Holdings LLC acquired a new position in Navios Maritime Midstream Partners during the 2nd quarter worth about $266,000. CS Mckee LP raised its holdings in Navios Maritime Midstream Partners by 33.0% during the 3rd quarter. CS Mckee LP now owns 64,900 shares of the shipping company’s stock worth $484,000 after purchasing an additional 16,100 shares during the last quarter. Finally, Arrow Investment Advisors LLC bought a new stake in Navios Maritime Midstream Partners during the 2nd quarter worth about $570,000. Institutional investors and hedge funds own 27.78% of the company’s stock.

About Navios Maritime Midstream Partners

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.

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