Susquehanna International Securities Ltd. Has $203,000 Position in Okeanis Eco Tankers Corp. (NYSE:ECO)

Susquehanna International Securities Ltd. lessened its holdings in shares of Okeanis Eco Tankers Corp. (NYSE:ECO) by 9.6% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 6,327 shares of the company’s stock after selling 673 shares during the quarter. Susquehanna International Securities Ltd.’s holdings in Okeanis Eco Tankers were worth $203,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in ECO. Marshall Wace LLP bought a new position in shares of Okeanis Eco Tankers during the 2nd quarter valued at $247,000. Acadian Asset Management LLC bought a new position in Okeanis Eco Tankers during the second quarter valued at about $370,000. Skandinaviska Enskilda Banken AB publ acquired a new stake in shares of Okeanis Eco Tankers in the second quarter worth about $1,767,000. Lighthouse Investment Partners LLC bought a new stake in shares of Okeanis Eco Tankers during the 2nd quarter worth about $2,086,000. Finally, Hsbc Holdings PLC increased its holdings in shares of Okeanis Eco Tankers by 123.9% during the 2nd quarter. Hsbc Holdings PLC now owns 178,056 shares of the company’s stock valued at $5,692,000 after acquiring an additional 98,528 shares during the last quarter.

Okeanis Eco Tankers Stock Down 0.9 %

Shares of ECO stock opened at $33.06 on Friday. The company has a market capitalization of $1.06 billion and a price-to-earnings ratio of 7.89. The company has a debt-to-equity ratio of 1.37, a quick ratio of 1.23 and a current ratio of 1.48. The stock’s 50 day simple moving average is $31.19 and its 200 day simple moving average is $31.64. Okeanis Eco Tankers Corp. has a twelve month low of $23.05 and a twelve month high of $36.69.

Okeanis Eco Tankers (NYSE:ECO) last released its quarterly earnings results on Friday, August 9th. The company reported $1.23 EPS for the quarter, beating analysts’ consensus estimates of $0.90 by $0.33. The company had revenue of $111.99 million for the quarter, compared to analyst estimates of $100.71 million. Okeanis Eco Tankers had a net margin of 30.17% and a return on equity of 28.35%. As a group, research analysts predict that Okeanis Eco Tankers Corp. will post 3.52 EPS for the current year.

Okeanis Eco Tankers Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 5th. Stockholders of record on Wednesday, August 21st were given a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 13.31%. The ex-dividend date of this dividend was Wednesday, August 21st. Okeanis Eco Tankers’s dividend payout ratio is currently 105.01%.

Okeanis Eco Tankers 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.