4WEALTH Advisors Inc. acquired a new stake in shares of Himalaya Shipping Ltd. (NYSE:HSHP - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 68,525 shares of the company's stock, valued at approximately $333,000. 4WEALTH Advisors Inc. owned 0.17% of Himalaya Shipping as of its most recent filing with the Securities & Exchange Commission.
Several other large investors have also recently bought and sold shares of the company. Barclays PLC boosted its holdings in shares of Himalaya Shipping by 143.3% in the third quarter. Barclays PLC now owns 114,004 shares of the company's stock valued at $987,000 after buying an additional 67,149 shares during the period. Salvus Wealth Management LLC lifted its position in Himalaya Shipping by 27.6% in the 4th quarter. Salvus Wealth Management LLC now owns 13,045 shares of the company's stock valued at $63,000 after acquiring an additional 2,825 shares in the last quarter. SG Americas Securities LLC acquired a new position in Himalaya Shipping in the 4th quarter worth $66,000. AM Investment Strategies LLC bought a new position in Himalaya Shipping during the 4th quarter worth about $49,000. Finally, Intech Investment Management LLC acquired a new stake in shares of Himalaya Shipping in the 4th quarter valued at about $68,000. Institutional investors own 22.33% of the company's stock.
Himalaya Shipping Stock Up 0.6 %
Shares of HSHP stock traded up $0.04 on Monday, hitting $5.46. 46,491 shares of the stock were exchanged, compared to its average volume of 132,281. The business has a 50-day moving average of $5.26 and a 200 day moving average of $5.49. Himalaya Shipping Ltd. has a fifty-two week low of $4.29 and a fifty-two week high of $9.76. The firm has a market capitalization of $217.49 million, a P/E ratio of 11.36 and a beta of 1.95. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 4.34.
Himalaya Shipping (NYSE:HSHP - Get Free Report) last announced its earnings results on Thursday, February 20th. The company reported $0.02 EPS for the quarter. Himalaya Shipping had a net margin of 17.03% and a return on equity of 13.36%. The business had revenue of $29.60 million during the quarter.
Himalaya Shipping Dividend Announcement
The business also recently announced a -- dividend, which was paid on Friday, May 2nd. Investors of record on Tuesday, April 15th were issued a dividend of $0.04 per share. The ex-dividend date was Tuesday, April 15th. Himalaya Shipping's payout ratio is presently 27.08%.
Himalaya Shipping Profile
(
Free Report)
Himalaya Shipping Ltd. provides dry bulk shipping services worldwide. The company operates a fleet of vessels. It serves major commodity trading, commodity and energy transition, and multi-modal transport companies. Himalaya Shipping Ltd. was incorporated in 2021 and is based in Hamilton, Bermuda.
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