Geode Capital Management LLC Invests $268,000 in Capital Clean Energy Carriers Corp (NASDAQ:CCEC)

Geode Capital Management LLC acquired a new position in shares of Capital Clean Energy Carriers Corp (NASDAQ:CCEC) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 14,304 shares of the company’s stock, valued at approximately $268,000.

Separately, RBF Capital LLC acquired a new stake in shares of Capital Clean Energy Carriers in the third quarter valued at approximately $195,000.

Capital Clean Energy Carriers Price Performance

Shares of Capital Clean Energy Carriers stock opened at $18.40 on Tuesday. The company has a current ratio of 1.68, a quick ratio of 1.66 and a debt-to-equity ratio of 2.04. The firm has a market capitalization of $1.02 billion, a price-to-earnings ratio of 14.15 and a beta of 0.83. The firm has a 50 day moving average of $18.41. Capital Clean Energy Carriers Corp has a fifty-two week low of $14.45 and a fifty-two week high of $20.26.

Capital Clean Energy Carriers Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Monday, November 11th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 3.26%. The ex-dividend date of this dividend was Monday, November 11th. Capital Clean Energy Carriers’s dividend payout ratio is presently 46.15%.

Analyst Ratings Changes

Separately, Fearnley Fonds raised shares of Capital Clean Energy Carriers to a “strong-buy” rating in a report on Thursday, October 10th.

Capital Clean Energy Carriers Company Profile

Capital Clean Energy Carriers Corp., a shipping company, provides marine transportation services in Greece. The company’s vessels provide a range of cargoes, including liquefied natural gas, containerized goods, and cargo under short-term voyage charters, and medium to long-term time charters. It owns vessels, including Neo-Panamax container vessels, Panamax container vessels, cape-size bulk carrier, and LNG carriers.