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Capital Product Partners L.P. (NASDAQ:CPLP) was downgraded by stock analysts at Clarkson Capital from an “outperform” rating to a “market perform” rating in a report issued on Monday, Stock Ratings Network reports.

Several other analysts have also recently commented on the stock. Analysts at Stifel Nicolaus downgraded shares of Capital Product Partners L.P. from a “buy” rating to a “hold” rating in a research note to investors on Friday, January 17th. They now have a $12.00 price target on the stock. They noted that the move was a valuation call. Analysts at Deutsche Bank upgraded shares of Capital Product Partners L.P. from a “hold” rating to a “buy” rating in a research note to investors on Thursday, December 5th. They now have a $11.00 price target on the stock, up previously from $8.00. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Capital Product Partners L.P. presently has a consensus rating of “Buy” and an average price target of $10.83.

Capital Product Partners L.P. (NASDAQ:CPLP) traded down 3.90% during mid-day trading on Monday, hitting $10.11. The stock had a trading volume of 352,860 shares. Capital Product Partners L.P. has a 1-year low of $7.55 and a 1-year high of $10.80. The stock has a 50-day moving average of $10.19 and a 200-day moving average of $9.32. The company has a market cap of $876.4 million and a price-to-earnings ratio of 10.42.

Capital Product Partners L.P. (NASDAQ:CPLP) last released its earnings data on Friday, January 31st. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by $0.10. The company had revenue of $47.00 million for the quarter, compared to the consensus estimate of $44.05 million. Analysts expect that Capital Product Partners L.P. will post $0.39 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Friday, February 14th. Investors of record on Friday, February 7th will be given a dividend of 0.2325 per share. This represents a $0.93 dividend on an annualized basis and a yield of 8.84%. The ex-dividend date of this dividend is Wednesday, February 5th.

Capital Product Partners L.P. (NASDAQ:CPLP) is an international tanker company.

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