6,275 Shares in Okeanis Eco Tankers Corp. (NYSE:ECO) Bought by Jane Street Group LLC

Jane Street Group LLC purchased a new stake in shares of Okeanis Eco Tankers Corp. (NYSE:ECO) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 6,275 shares of the company’s stock, valued at approximately $206,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Marshall Wace LLP purchased a new stake in Okeanis Eco Tankers during the 2nd quarter valued at about $247,000. BBR Partners LLC purchased a new stake in shares of Okeanis Eco Tankers during the third quarter valued at approximately $326,000. Acadian Asset Management LLC bought a new position in shares of Okeanis Eco Tankers in the second quarter worth approximately $370,000. BNP Paribas Financial Markets increased its stake in shares of Okeanis Eco Tankers by 409.9% in the third quarter. BNP Paribas Financial Markets now owns 20,252 shares of the company’s stock worth $661,000 after buying an additional 16,280 shares during the period. Finally, PDT Partners LLC raised its holdings in Okeanis Eco Tankers by 61.5% during the 3rd quarter. PDT Partners LLC now owns 20,254 shares of the company’s stock valued at $663,000 after buying an additional 7,715 shares during the last quarter.

Okeanis Eco Tankers Trading Up 9.6 %

Shares of ECO opened at $24.16 on Monday. The firm has a fifty day simple moving average of $22.08 and a two-hundred day simple moving average of $28.06. Okeanis Eco Tankers Corp. has a twelve month low of $18.79 and a twelve month high of $36.69. The stock has a market capitalization of $777.81 million and a P/E ratio of 6.66. The company has a quick ratio of 1.34, a current ratio of 1.69 and a debt-to-equity ratio of 1.48.

Okeanis Eco Tankers (NYSE:ECO) last posted its earnings results on Friday, November 8th. The company reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.36. The company had revenue of $84.93 million for the quarter, compared to analysts’ expectations of $74.61 million. Okeanis Eco Tankers had a return on equity of 27.19% and a net margin of 29.25%. On average, research analysts anticipate that Okeanis Eco Tankers Corp. will post 3.19 EPS for the current year.

Okeanis Eco Tankers Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 4th. Stockholders of record on Monday, November 18th were paid a dividend of $0.45 per share. The ex-dividend date of this dividend was Monday, November 18th. This represents a $1.80 annualized dividend and a dividend yield of 7.45%. Okeanis Eco Tankers’s dividend payout ratio (DPR) is presently 48.48%.

Okeanis Eco Tankers Company Profile

Okeanis Eco Tankers Corp., a shipping company, owns and operates tanker vessels worldwide. It operates a fleet of 14 tanker vessels comprising six modern Suezmax tankers and eight modern VLCC tankers focusing on the transportation of crude oil. The company was incorporated in 2018 and is based in Neo Faliro, Greece.