Frontline (FRO) News Today

Renaissance Technologies LLC reduced its position in Frontline plc (NYSE:FRO - Free Report) by 9.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,209,300 shares of the shipping company's stock

Frontline plc (NYSE:FRO - Get Free Report) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totalling 7,210,000 shares, a decline of 6.0% from the August 15th total of 7,670,000 shares. Approximately 5.0% of the company's stock are sold short. Based on an average daily trading volume, of 1,420,000 shares, the days-to-cover ratio is currently 5.1 days.

Commonwealth Equity Services LLC boosted its holdings in Frontline plc (NYSE:FRO - Free Report) by 234.6% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 35,116 shares of the shipping company's stock after acquiri

Frontline (NYSE:FRO) Trading Down 1.5%

Frontline plc (NYSE:FRO) declared a quarterly dividend on Friday, August 30th. Shareholders of record on Friday, September 13th will be given a dividend of 0.62 per share by the shipping company on Monday, September 30th. This represents a $2.48 dividend on an annualized basis and a yield of 11.33%. The ex-dividend date is Friday, September 13th.

Bank of New York Mellon Corp lessened its holdings in shares of Frontline plc (NYSE:FRO - Free Report) by 11.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 453,466 shares of the shipping company's

Frontline plc (NYSE:FRO - Get Free Report) was the target of a significant drop in short interest during the month of August. As of August 15th, there was short interest totalling 7,670,000 shares, a drop of 9.0% from the July 31st total of 8,430,000 shares. Currently, 5.4% of the company's shares are sold short. Based on an average daily volume of 1,350,000 shares, the short-interest ratio is presently 5.7 days.

Frontline (NYSE:FRO - Get Free Report) issued its earnings results on Friday. The shipping company reported $0.62 EPS for the quarter, missing the consensus estimate of $0.65 by ($0.03). The business had revenue of $409.72 million during the quarter, compared to analyst estimates of $383.88 million. Frontline had a return on equity of 23.14% and a net margin of 32.94%. During the same period last year, the business earned $0.94 EPS.

Frontline (NYSE:FRO) Stock Price Up 3.5%

StockNews.com upgraded shares of Frontline to a "sell" rating in a research report on Tuesday.

Frontline (NYSE:FRO) will be releasing earnings before the market opens on Friday, August 30, Zacks reports. (Register for Conference Call at na)

Summit Global Investments purchased a new position in shares of Frontline plc (NYSE:FRO - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 77,464 shares of the shipping company's stock, valued

M&G Plc lessened its stake in Frontline plc (NYSE:FRO - Free Report) by 18.6% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 873,317 shares of the shipping company's stock after selling 199,130 shares during the quarter. M&G Pl

Frontline (NYSE:FRO) Shares Gap Up to $23.06

Vanguard Group Inc. boosted its stake in shares of Frontline plc (NYSE:FRO - Free Report) by 5,319.5% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,292,977 shares of the shipping company's stock after purchasing an addi

Virtu Financial LLC purchased a new position in shares of Frontline plc (NYSE:FRO - Free Report) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm purchased 29,517 shares of the shipping company's stock, valued at approximately $690,000. Several other institutio

Frontline (NYSE:FRO) Shares Gap Up to $23.59

State Board of Administration of Florida Retirement System bought a new position in Frontline plc (NYSE:FRO - Free Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 37,018 shares of the shipping company's stock, va

Acadian Asset Management LLC cut its stake in shares of Frontline plc (NYSE:FRO - Free Report) by 96.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 64,155 shares of the shipping company's stock after se

Evercore ISI cut their price objective on Frontline from $33.00 to $32.00 and set an "outperform" rating for the company in a research report on Tuesday.

Frontline (NYSE:FRO) Stock Price Up 6.4%

Prevail Innovative Wealth Advisors LLC acquired a new stake in Frontline plc (NYSE:FRO - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 39,688 shares of the shipping company's stock, valued at approximately $92

Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Frontline plc (NYSE:FRO - Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 62,115 shares of the shipping company's stock, valued at

Frontline plc (NYSE:FRO - Get Free Report) was the recipient of a significant decline in short interest during the month of June. As of June 30th, there was short interest totalling 6,610,000 shares, a decline of 17.1% from the June 15th total of 7,970,000 shares. Based on an average trading volume of 1,460,000 shares, the short-interest ratio is currently 4.5 days. Currently, 4.6% of the shares of the stock are short sold.

Quantbot Technologies LP lifted its holdings in shares of Frontline plc (NYSE:FRO - Free Report) by 184.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 95,861 shares of the shipping company's stock after buyin

Quadrature Capital Ltd decreased its holdings in shares of Frontline plc (NYSE:FRO - Free Report) by 72.8% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 30,451 shares of the shipping company's stock after selling 81,513 shares during

Nomura Holdings Inc. lifted its holdings in Frontline plc (NYSE:FRO - Free Report) by 163.6% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 52,722 shares of the shipping company's stock after purchasing an additional 32,722 shares duri

Teachers Retirement System of The State of Kentucky purchased a new position in shares of Frontline plc (NYSE:FRO - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 140,200 shares of the shipping company's stock, valued

Frontline (NYSE:FRO) Stock Price Down 6.1%

Forest Avenue Capital Management LP increased its holdings in shares of Frontline plc (NYSE:FRO - Free Report) by 115.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,057,691 shares of the shipp