DHT Holdings, Inc. (NYSE:DHT) – Stock analysts at Jefferies Group decreased their Q3 2017 earnings per share (EPS) estimates for shares of DHT Holdings in a research note issued on Thursday. Jefferies Group analyst D. Mavrinac now anticipates that the shipping company will post earnings per share of ($0.14) for the quarter, down from their prior forecast of ($0.09). Jefferies Group currently has a “Buy” rating on the stock. Jefferies Group also issued estimates for DHT Holdings’ FY2017 earnings at $0.10 EPS.

DHT Holdings (NYSE:DHT) last announced its quarterly earnings results on Tuesday, August 8th. The shipping company reported $0.04 EPS for the quarter, beating analysts’ consensus estimates of $0.02 by $0.02. DHT Holdings had a positive return on equity of 6.07% and a negative net margin of 12.48%. The company had revenue of $59.63 million during the quarter, compared to analyst estimates of $58.47 million. TRADEMARK VIOLATION WARNING: “DHT Holdings, Inc. Expected to Earn Q3 2017 Earnings of ($0.14) Per Share (DHT)” was originally published by American Banking News and is owned by of American Banking News. If you are accessing this article on another domain, it was stolen and republished in violation of US & international copyright law. The correct version of this article can be viewed at https://www.americanbankingnews.com/2017/10/23/dht-holdings-inc-expected-to-earn-q3-2017-earnings-of-0-14-per-share-dht.html.

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

DHT Holdings (NYSE:DHT) opened at 4.06 on Monday. The company’s 50-day moving average price is $3.98 and its 200-day moving average price is $4.17. DHT Holdings has a 52 week low of $3.29 and a 52 week high of $5.20. The company’s market capitalization is $577.93 million.

A number of large investors have recently bought and sold shares of the business. Legal & General Group Plc increased its stake in DHT Holdings by 1.1% during the 1st quarter. Legal & General Group Plc now owns 24,683 shares of the shipping company’s stock worth $110,000 after buying an additional 260 shares in the last quarter. SG Americas Securities LLC increased its stake in DHT Holdings by 4.0% during the 1st quarter. SG Americas Securities LLC now owns 35,667 shares of the shipping company’s stock worth $159,000 after buying an additional 1,360 shares in the last quarter. American International Group Inc. increased its stake in DHT Holdings by 7.1% during the 1st quarter. American International Group Inc. now owns 56,537 shares of the shipping company’s stock worth $253,000 after buying an additional 3,744 shares in the last quarter. Voya Investment Management LLC increased its stake in DHT Holdings by 16.8% during the 2nd quarter. Voya Investment Management LLC now owns 46,770 shares of the shipping company’s stock worth $194,000 after buying an additional 6,737 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd boosted its holdings in shares of DHT Holdings by 11.7% during the 2nd quarter. Dynamic Technology Lab Private Ltd now owns 70,615 shares of the shipping company’s stock worth $293,000 after purchasing an additional 7,388 shares during the last quarter. 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.

Earnings History and Estimates for DHT Holdings (NYSE:DHT)

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