MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Decreases Stock Holdings in Capital Clean Energy Carriers Corp (NASDAQ:CCEC)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lowered its stake in Capital Clean Energy Carriers Corp (NASDAQ:CCEC - Free Report) by 23.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 104,260 shares of the company's stock after selling 31,423 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned approximately 0.18% of Capital Clean Energy Carriers worth $1,905,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in CCEC. Larson Financial Group LLC bought a new stake in shares of Capital Clean Energy Carriers during the 4th quarter valued at about $41,000. Geode Capital Management LLC lifted its position in Capital Clean Energy Carriers by 7.4% in the 4th quarter. Geode Capital Management LLC now owns 15,362 shares of the company's stock worth $281,000 after buying an additional 1,058 shares during the last quarter. Finally, LPL Financial LLC lifted its position in Capital Clean Energy Carriers by 2.7% in the 4th quarter. LPL Financial LLC now owns 50,737 shares of the company's stock worth $932,000 after buying an additional 1,339 shares during the last quarter.

Capital Clean Energy Carriers Trading Down 0.6%

Shares of CCEC stock traded down $0.14 during trading hours on Wednesday, reaching $22.74. The company's stock had a trading volume of 1,664 shares, compared to its average volume of 19,358. The stock has a market capitalization of $1.33 billion, a P/E ratio of 8.88 and a beta of 0.30. Capital Clean Energy Carriers Corp has a one year low of $14.09 and a one year high of $24.33. The firm's fifty day simple moving average is $19.53 and its 200 day simple moving average is $18.93. The company has a current ratio of 1.80, a quick ratio of 1.78 and a debt-to-equity ratio of 1.82.

Capital Clean Energy Carriers (NASDAQ:CCEC - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The company reported $0.55 earnings per share for the quarter, beating the consensus estimate of $0.36 by $0.19. Capital Clean Energy Carriers had a return on equity of 9.76% and a net margin of 46.85%. The company had revenue of $109.40 million for the quarter, compared to analyst estimates of $105.77 million. Equities research analysts expect that Capital Clean Energy Carriers Corp will post 1.66 EPS for the current year.

Capital Clean Energy Carriers Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, May 16th. Stockholders of record on Monday, May 12th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 2.64%. The ex-dividend date was Monday, May 12th. Capital Clean Energy Carriers's dividend payout ratio is presently 18.18%.

Analysts Set New Price Targets

Separately, Fearnley Fonds cut Capital Clean Energy Carriers from a "strong-buy" rating to a "hold" rating in a research note on Monday, February 17th.

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.