Shares of DHT Holdings Inc (NYSE:DHT) have earned an average rating of “Hold” from the eight research firms that are covering the firm, MarketBeat reports. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $6.00.

A number of research firms have recently commented on DHT. Jefferies Group reissued a “buy” rating on shares of DHT in a research note on Thursday, October 19th. Stifel Nicolaus set a $5.00 target price on DHT and gave the stock a “hold” rating in a research note on Sunday, October 29th. ValuEngine raised DHT from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. Zacks Investment Research cut DHT from a “hold” rating to a “sell” rating in a research note on Wednesday, October 25th. Finally, Maxim Group set a $7.00 target price on DHT and gave the stock a “buy” rating in a research note on Monday, November 27th.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. State Street Corp grew its stake in shares of DHT by 15.7% in the second quarter. State Street Corp now owns 2,388,793 shares of the shipping company’s stock worth $9,911,000 after acquiring an additional 323,923 shares during the last quarter. Prudential Financial Inc. grew its stake in shares of DHT by 1.7% in the third quarter. Prudential Financial Inc. now owns 980,540 shares of the shipping company’s stock worth $3,903,000 after acquiring an additional 15,950 shares during the last quarter. State of Wisconsin Investment Board grew its stake in shares of DHT by 63.9% in the third quarter. State of Wisconsin Investment Board now owns 901,300 shares of the shipping company’s stock worth $3,587,000 after acquiring an additional 351,300 shares during the last quarter. Amerigo Asset Management purchased a new stake in shares of DHT in the third quarter worth $3,345,000. Finally, California Public Employees Retirement System grew its stake in shares of DHT by 2.2% in the second quarter. California Public Employees Retirement System now owns 691,858 shares of the shipping company’s stock worth $2,871,000 after acquiring an additional 15,000 shares during the last quarter. 35.70% of the stock is currently owned by hedge funds and other institutional investors.

DHT (NYSE DHT) traded up $0.03 on Friday, reaching $3.92. The company’s stock had a trading volume of 1,184,444 shares, compared to its average volume of 701,113. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.65 and a current ratio of 1.65. The company has a market capitalization of $558.00, a P/E ratio of 12.25, a price-to-earnings-growth ratio of 3.87 and a beta of 0.93. DHT has a twelve month low of $3.52 and a twelve month high of $5.20.

DHT (NYSE:DHT) last posted its quarterly earnings data on Monday, November 13th. The shipping company reported ($0.04) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.04. The business had revenue of $54.80 million during the quarter, compared to the consensus estimate of $50.43 million. DHT had a return on equity of 4.84% and a net margin of 9.68%. The firm’s quarterly revenue was up 8.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.81) earnings per share. sell-side analysts predict that DHT will post 0.19 EPS for the current fiscal year.

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DHT Company Profile

DHT Holdings, Inc is an independent crude oil tanker company. The Company’s fleet trades internationally and consists of crude oil tankers in the very large crude carriers (VLCC) and Aframax segments. As of December 1, 2017, the Company’s fleet consisted of 27 crude oil tankers in operation; 25 VLCCs, which are tankers ranging in size from 200,000 to 320,000 deadweight tons (dwt), and two Aframax tankers, which are tankers ranging in size from 80,000 to 120,000 dwt.

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