202,072 Shares in Okeanis Eco Tankers Corp. (NYSE:ECO) Bought by SG Americas Securities LLC

SG Americas Securities LLC acquired a new position in shares of Okeanis Eco Tankers Corp. (NYSE:ECO - Free Report) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm acquired 202,072 shares of the company's stock, valued at approximately $4,466,000. SG Americas Securities LLC owned 0.63% of Okeanis Eco Tankers as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Wells Fargo & Company MN purchased a new position in shares of Okeanis Eco Tankers during the fourth quarter valued at $78,000. B. Riley Wealth Advisors Inc. purchased a new position in Okeanis Eco Tankers during the 4th quarter valued at about $213,000. Aristides Capital LLC purchased a new position in Okeanis Eco Tankers during the fourth quarter valued at approximately $227,000. Citadel Advisors LLC increased its holdings in Okeanis Eco Tankers by 21.7% during the fourth quarter. Citadel Advisors LLC now owns 13,108 shares of the company's stock valued at $279,000 after buying an additional 2,340 shares during the period. Finally, PDT Partners LLC increased its holdings in Okeanis Eco Tankers by 6.2% during the fourth quarter. PDT Partners LLC now owns 21,504 shares of the company's stock valued at $457,000 after buying an additional 1,250 shares during the period.

Okeanis Eco Tankers Stock Down 3.1%

ECO stock traded down $0.74 during trading on Monday, hitting $23.43. 204,891 shares of the company's stock traded hands, compared to its average volume of 153,352. Okeanis Eco Tankers Corp. has a 1 year low of $17.91 and a 1 year high of $35.64. The business has a fifty day simple moving average of $22.78 and a two-hundred day simple moving average of $22.34. The firm has a market capitalization of $754.31 million, a P/E ratio of 6.93 and a beta of -0.08. The company has a quick ratio of 1.34, a current ratio of 1.64 and a debt-to-equity ratio of 1.46.

Okeanis Eco Tankers (NYSE:ECO - Get Free Report) last announced its quarterly earnings results on Wednesday, May 14th. The company reported $0.36 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.24 by $0.12. Okeanis Eco Tankers had a return on equity of 25.40% and a net margin of 27.68%. The business had revenue of $48.60 million for the quarter, compared to the consensus estimate of $46.91 million. Sell-side analysts anticipate that Okeanis Eco Tankers Corp. will post 1.34 EPS for the current year.

Okeanis Eco Tankers Dividend Announcement

The business also recently announced a dividend, which was paid on Thursday, June 12th. Shareholders of record on Wednesday, June 4th were paid a $0.32 dividend. The ex-dividend date was Tuesday, June 3rd. This represents a yield of 9.52%. Okeanis Eco Tankers's dividend payout ratio (DPR) is presently 51.61%.

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.