Himalaya Shipping Ltd. (NYSE:HSHP - Get Free Report) declared a -- dividend on Thursday, April 11th, Wall Street Journal reports. Shareholders of record on Friday, April 19th will be paid a dividend of 0.03 per share on Friday, May 3rd. The ex-dividend date of this dividend is Thursday, April 18th.
Himalaya Shipping Stock Up 3.0 %
Shares of HSHP traded up $0.23 during midday trading on Thursday, reaching $7.81. 114,254 shares of the stock were exchanged, compared to its average volume of 98,497. Himalaya Shipping has a twelve month low of $4.30 and a twelve month high of $8.54. The business's 50-day moving average price is $7.71 and its 200 day moving average price is $6.41.
Hedge Funds Weigh In On Himalaya Shipping
A number of hedge funds have recently modified their holdings of HSHP. California State Teachers Retirement System boosted its stake in Himalaya Shipping by 141.1% during the 4th quarter. California State Teachers Retirement System now owns 4,643 shares of the company's stock worth $31,000 after purchasing an additional 2,717 shares during the period. Citigroup Inc. acquired a new stake in shares of Himalaya Shipping during the first quarter worth about $33,000. Wells Fargo & Company MN purchased a new position in shares of Himalaya Shipping during the second quarter worth about $58,000. The Manufacturers Life Insurance Company acquired a new position in Himalaya Shipping in the 2nd quarter valued at about $67,000. Finally, MetLife Investment Management LLC purchased a new stake in Himalaya Shipping during the 2nd quarter valued at approximately $86,000. 22.33% of the stock is currently owned by hedge funds and other institutional investors.
About Himalaya Shipping
(
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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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