About Hoegh LNG Partners LP
Hoegh LNG Partners LP owns, operates and acquires floating storage and regasification units (FSRUs), liquefied natural gas (LNG) carriers and other LNG infrastructure assets under long-term charters. The Company's segments include Majority held FSRUs, Joint venture FSRUs and other. The Majority held FSRUs segment includes the direct financing lease related to the PT Perusahaan Gas Negara (Persero) Tbk (PGN) FSRU Lampung and the operating lease related to the Hoegh Gallant. The Joint venture FSRUs segment includes approximately two FSRUs, including the GDF Suez LNG Supply S.A. (GDF Suez) Neptune and the GDF Suez Cape Ann, which operate under long term time charters. The Company intends to acquire newbuilding FSRUs on long-term charters, rather than FSRUs based on retrofitted, first-generation LNG carriers. The PGN FSRU Lampung is located offshore in the Lampung province at the southeast coast of Sumatra, Indonesia.
Industry, Sector and Symbol:
- Sector: N/A
- Industry: N/A
- Sub-Industry: N/A
- Exchange: NASDAQ
- Symbol: HMLP
- Previous Close: $19.55
- 50 Day Moving Average: $19.15
- 200 Day Moving Average: $18.56
- 52-Week Range: $26,322,000.00 - $13.30
- Trailing P/E Ratio: 15.19
- Foreward P/E Ratio: 10.24
- P/E Growth: 0.42
- Market Cap: $509.33M
- Outstanding Shares: 26,322,000
What is Hoegh LNG Partners LP's stock symbol?
Hoegh LNG Partners LP trades on the NASDAQ under the ticker symbol "HMLP."
How often does Hoegh LNG Partners LP pay dividends? What is the dividend yield for Hoegh LNG Partners LP?
Hoegh LNG Partners LP announced a quarterly dividend on Friday, January 20th. Stockholders of record on Thursday, February 2nd will be paid a dividend of $0.4125 per share on Tuesday, February 14th. This represents a $1.65 dividend on an annualized basis and a dividend yield of 8.53%. The ex-dividend date is Tuesday, January 31st.
Where is Hoegh LNG Partners LP's stock going? Where will Hoegh LNG Partners LP's stock price be in 2017?
4 equities research analysts have issued 12 month price objectives for Hoegh LNG Partners LP's stock. Their predictions range from $20.00 to $22.00. On average, they expect Hoegh LNG Partners LP's share price to reach $21.00 in the next year.
When will Hoegh LNG Partners LP announce their earnings?
Hoegh LNG Partners LP is scheduled to release their next quarterly earnings announcement on Monday, February, 27th 2017.
What are analysts saying about Hoegh LNG Partners LP stock?
Here are some recent quotes from research analysts about Hoegh LNG Partners LP stock:
According to Zacks Investment Research, "Hoegh LNG Partners LP is a provider of floating LNG services under long-term contracts. The Company owns and operates floating storage and regasification units (FSRUs) which act as floating LNG import terminals, and LNG carriers which transport the LNG to its markets. Hoegh LNG Partners LP is based in Hamilton, Bermuda. " (2/13/2017)
Barclays PLC analysts commented, "We estimate the transaction size will be $350-$400mm, contributing EBITDA at 9.25x. We expect HMLP to assume the vessel’s debt and to raise $100-$150mm in equity to fund the remaining portion. While the Partnership remains committed in growing its distribution via drop downs (2Q +22% YoY), present market conditions and current yield of 8.8% may serve as headwinds for accretion. Overall, we continue to view HMLP as a stable, low-risk LNG infrastructure MLP. It has no direct commodity price exposure and limited indirect exposure given its long-term fixed-rate charters with average duration of 13.6 years. We are raising our price target to $20 from $19." (8/30/2016)
Who owns Hoegh LNG Partners LP stock?
Hoegh LNG Partners LP's stock is owned by a number of of retail and institutional investors. Top institutional investors include Investment Strategies, LLC, "Goldman Sachs Asset Management") (10.40%), Oceanic Investment Management LTD (6.32%), Fairview Capital Investment Management LLC (5.72%), FMR LLC (5.39%), Advisory Research Inc. (0.86%) and Alyeska Investment Group L.P. (0.86%).
Who sold Hoegh LNG Partners LP stock? Who is selling Hoegh LNG Partners LP stock?
Hoegh LNG Partners LP's stock was sold by a variety of institutional investors in the last quarter, including Oceanic Investment Management LTD.
Who bought Hoegh LNG Partners LP stock? Who is buying Hoegh LNG Partners LP stock?
Hoegh LNG Partners LP's stock was acquired by a variety of institutional investors in the last quarter, including Fairview Capital Investment Management LLC, FMR LLC, Advisory Research Inc., Alyeska Investment Group L.P. and Renaissance Technologies LLC.
How do I buy Hoegh LNG Partners LP stock?
Shares of Hoegh LNG Partners LP can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Hoegh LNG Partners LP stock cost?
One share of Hoegh LNG Partners LP stock can currently be purchased for approximately $19.35.