Tudor Investment Corp ET AL Purchases 26,097 Shares of Tsakos Energy Navigation Ltd $TEN

Key Points

• Tudor Investment Corp increased its stake in Tsakos Energy Navigation (TEN) by 51.2% in Q3, buying 26,097 shares to hold 77,110 shares worth $1.71 million (about 0.26% of the company).
• Multiple other institutions (MIRAE, Millennium, Jump Financial, Squarepoint, and others) also sharply raised positions, lifting overall institutional ownership to 19.24%, signaling growing hedge‑fund interest.
• TEN reported a strong quarter (EPS $1.70 vs. $0.77 estimate; revenue $182.96M vs. $162.84M), yet analysts' consensus remains a "Hold" with a $29.50 price target while the stock trades near $39 with a P/E of 8.75.

Tudor Investment Corp ET AL boosted its position in Tsakos Energy Navigation Ltd (NYSE:TEN - Free Report) by 51.2% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 77,110 shares of the company's stock after acquiring an additional 26,097 shares during the period. Tudor Investment Corp ET AL owned 0.26% of Tsakos Energy Navigation worth $1,713,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in TEN. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Tsakos Energy Navigation by 602.2% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 829,437 shares of the company's stock valued at $15,917,000 after acquiring an additional 711,313 shares during the period. Millennium Management LLC boosted its holdings in Tsakos Energy Navigation by 347.1% in the 3rd quarter. Millennium Management LLC now owns 287,149 shares of the company's stock valued at $6,380,000 after purchasing an additional 222,931 shares during the period. Jump Financial LLC grew its position in shares of Tsakos Energy Navigation by 693.1% during the 2nd quarter. Jump Financial LLC now owns 124,223 shares of the company's stock valued at $2,384,000 after purchasing an additional 108,561 shares in the last quarter. New York State Common Retirement Fund bought a new position in shares of Tsakos Energy Navigation in the second quarter worth $761,000. Finally, Squarepoint Ops LLC raised its position in shares of Tsakos Energy Navigation by 287.0% in the third quarter. Squarepoint Ops LLC now owns 52,842 shares of the company's stock worth $1,174,000 after buying an additional 39,188 shares in the last quarter. 19.24% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

TEN has been the subject of several recent analyst reports. Wall Street Zen upgraded Tsakos Energy Navigation from a "hold" rating to a "buy" rating in a research report on Saturday. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Tsakos Energy Navigation in a report on Wednesday. Finally, Clarkson Capital assumed coverage on Tsakos Energy Navigation in a report on Monday, December 15th. They set a "buy" rating and a $35.00 price objective for the company. One investment analyst has rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat, Tsakos Energy Navigation presently has a consensus rating of "Hold" and a consensus price target of $29.50.

Tsakos Energy Navigation Stock Down 0.0%

TEN stock opened at $39.00 on Monday. The company has a current ratio of 0.95, a quick ratio of 0.92 and a debt-to-equity ratio of 0.87. The company's 50 day moving average is $34.20 and its 200 day moving average is $27.44. The stock has a market cap of $1.18 billion, a price-to-earnings ratio of 8.75 and a beta of -0.30. Tsakos Energy Navigation Ltd has a 1-year low of $14.79 and a 1-year high of $41.25.

Tsakos Energy Navigation (NYSE:TEN - Get Free Report) last posted its quarterly earnings data on Friday, March 6th. The company reported $1.70 earnings per share for the quarter, topping the consensus estimate of $0.77 by $0.93. The company had revenue of $182.96 million for the quarter, compared to analysts' expectations of $162.84 million. Tsakos Energy Navigation had a net margin of 20.15% and a return on equity of 17.26%. Sell-side analysts predict that Tsakos Energy Navigation Ltd will post 3.44 EPS for the current fiscal year.

About Tsakos Energy Navigation

Tsakos Energy Navigation Ltd. NYSE: TEN is an international shipping company specializing in the transportation of crude oil and refined petroleum products. Founded in 1993 by Nikolas P. Tsakos, the company has built a reputation for operating a modern, well-maintained fleet of double-hull tankers. Tsakos Energy Navigation is organized around both ownership and technical management of vessels, offering chartering, commercial operations and crew services under one umbrella.

The company’s fleet consists primarily of very large crude carriers (VLCCs), Suezmax and Aframax tankers, as well as medium-range (MR) and Handy product carriers.

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