XTX Topco Ltd Has $575,000 Holdings in Costamare Inc. (NYSE:CMRE)

XTX Topco Ltd boosted its position in shares of Costamare Inc. (NYSE:CMRE - Free Report) by 96.5% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 58,421 shares of the shipping company's stock after buying an additional 28,696 shares during the period. XTX Topco Ltd's holdings in Costamare were worth $575,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the company. Bridgeway Capital Management LLC grew its stake in Costamare by 1.9% during the fourth quarter. Bridgeway Capital Management LLC now owns 1,546,489 shares of the shipping company's stock worth $19,872,000 after buying an additional 29,354 shares in the last quarter. Federated Hermes Inc. grew its stake in Costamare by 10.6% during the fourth quarter. Federated Hermes Inc. now owns 817,359 shares of the shipping company's stock worth $10,503,000 after buying an additional 78,377 shares in the last quarter. Ameriprise Financial Inc. grew its stake in Costamare by 0.6% during the fourth quarter. Ameriprise Financial Inc. now owns 780,662 shares of the shipping company's stock worth $10,032,000 after buying an additional 4,791 shares in the last quarter. Robeco Institutional Asset Management B.V. grew its stake in Costamare by 10.5% during the first quarter. Robeco Institutional Asset Management B.V. now owns 607,944 shares of the shipping company's stock worth $5,982,000 after buying an additional 57,643 shares in the last quarter. Finally, Denali Advisors LLC grew its stake in Costamare by 9.2% during the first quarter. Denali Advisors LLC now owns 555,073 shares of the shipping company's stock worth $5,462,000 after buying an additional 46,878 shares in the last quarter. 58.08% of the stock is currently owned by institutional investors and hedge funds.

Costamare Price Performance

Shares of CMRE stock traded down $0.15 on Friday, reaching $10.65. The company had a trading volume of 479,902 shares, compared to its average volume of 540,644. The stock has a market capitalization of $1.28 billion, a PE ratio of 4.51 and a beta of 1.28. The company has a quick ratio of 1.47, a current ratio of 1.68 and a debt-to-equity ratio of 0.65. Costamare Inc. has a one year low of $6.63 and a one year high of $15.96. The business's 50-day moving average is $9.45 and its 200 day moving average is $9.65.

Costamare (NYSE:CMRE - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The shipping company reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.29. Costamare had a return on equity of 13.67% and a net margin of 17.10%. The company had revenue of $211.20 million during the quarter, compared to the consensus estimate of $209.72 million. During the same quarter in the prior year, the firm posted $0.76 earnings per share. Equities research analysts forecast that Costamare Inc. will post 2.52 EPS for the current fiscal year.

Costamare Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 6th. Stockholders of record on Monday, July 21st were paid a $0.115 dividend. The ex-dividend date of this dividend was Monday, July 21st. This represents a $0.46 annualized dividend and a dividend yield of 4.3%. Costamare's dividend payout ratio is currently 19.49%.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen assumed coverage on shares of Costamare in a research note on Thursday, May 15th. They set a "hold" rating on the stock.

Costamare Company Profile