DHT Holdings, Inc. (NYSE:DHT)‘s stock had its “buy” rating reaffirmed by Jefferies Group LLC in a report released on Thursday.

Several other research firms have also weighed in on DHT. ValuEngine lowered shares of DHT Holdings from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Maxim Group set a $7.00 price target on shares of DHT Holdings and gave the company a “buy” rating in a research report on Wednesday, August 9th. BidaskClub lowered shares of DHT Holdings from a “hold” rating to a “sell” rating in a research report on Tuesday, July 25th. Stifel Nicolaus restated a “hold” rating and set a $5.25 price target on shares of DHT Holdings in a research report on Friday, July 7th. Finally, Zacks Investment Research lowered shares of DHT Holdings from a “hold” rating to a “sell” rating in a research report on Wednesday, July 12th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $6.00.

DHT Holdings (DHT) traded down 2.40% during mid-day trading on Thursday, hitting $4.06. 786,585 shares of the stock were exchanged. The company’s market capitalization is $577.93 million. The stock’s 50-day moving average is $3.98 and its 200 day moving average is $4.17. DHT Holdings has a 52 week low of $3.29 and a 52 week high of $5.20.

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, topping the Thomson Reuters’ consensus estimate of $0.02 by $0.02. The firm had revenue of $59.63 million during the quarter, compared to analyst estimates of $58.47 million. DHT Holdings had a negative net margin of 12.48% and a positive return on equity of 6.07%. On average, analysts anticipate that DHT Holdings will post $0.22 EPS for the current year.

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A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Dynamic Technology Lab Private Ltd grew its position in DHT Holdings by 11.7% during the second quarter. Dynamic Technology Lab Private Ltd now owns 70,615 shares of the shipping company’s stock valued at $293,000 after buying an additional 7,388 shares during the period. Caxton Associates LP grew its position in DHT Holdings by 25.0% during the second quarter. Caxton Associates LP now owns 250,000 shares of the shipping company’s stock valued at $1,038,000 after buying an additional 50,000 shares during the period. State Street Corp grew its position in DHT Holdings by 15.7% during the second quarter. State Street Corp now owns 2,388,793 shares of the shipping company’s stock valued at $9,911,000 after buying an additional 323,923 shares during the period. Williams Jones & Associates LLC grew its position in DHT Holdings by 81.9% during the second quarter. Williams Jones & Associates LLC now owns 379,773 shares of the shipping company’s stock valued at $1,576,000 after buying an additional 171,030 shares during the period. Finally, Numeric Investors LLC bought a new position in DHT Holdings during the second quarter valued at about $1,874,000. Institutional investors own 33.87% 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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