Shares of DHT Holdings, Inc. (NYSE:DHT) have been given an average recommendation of “Hold” by the eleven analysts that are covering the firm, MarketBeat reports. One analyst has rated the stock with a sell recommendation, six have given a hold recommendation and three have issued a buy recommendation on the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $5.94.
A number of equities research analysts have weighed in on the stock. Maxim Group set a $7.00 price target on shares of DHT Holdings and gave the company a “buy” rating in a report on Thursday, April 27th. Zacks Investment Research downgraded shares of DHT Holdings from a “buy” rating to a “hold” rating in a report on Monday, June 26th. ValuEngine downgraded shares of DHT Holdings from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Stifel Nicolaus reissued a “hold” rating and issued a $5.25 price target on shares of DHT Holdings in a report on Friday, July 7th. Finally, Jefferies Group LLC reissued a “buy” rating and issued a $6.00 price target on shares of DHT Holdings in a report on Monday, April 24th.
A number of hedge funds have recently bought and sold shares of DHT. Legal & General Group Plc increased its stake in DHT Holdings by 1.1% in the first quarter. Legal & General Group Plc now owns 24,683 shares of the shipping company’s stock valued at $110,000 after buying an additional 260 shares during the last quarter. FNY Partners Fund LP bought a new stake in DHT Holdings during the first quarter valued at about $111,000. Bank of America Corp DE increased its stake in DHT Holdings by 87.1% in the first quarter. Bank of America Corp DE now owns 26,646 shares of the shipping company’s stock valued at $119,000 after buying an additional 12,407 shares during the last quarter. Wellington Management Group LLP bought a new stake in DHT Holdings during the first quarter valued at about $146,000. Finally, Engineers Gate Manager LP bought a new stake in DHT Holdings during the first quarter valued at about $148,000. Hedge funds and other institutional investors own 53.52% of the company’s stock.
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DHT Holdings (NYSE DHT) opened at 4.16 on Monday. The stock’s market capitalization is $393.63 million. DHT Holdings has a 12-month low of $3.29 and a 12-month high of $5.47. The firm’s 50-day moving average is $4.13 and its 200 day moving average is $4.47.
DHT Holdings Company Profile
DHT Holdings, Inc operates a fleet of crude oil tankers. As of March 21, 2017, the Company’s fleet consisted of 21 crude oil tankers in operation. As of March 21, 2017, the Company’s fleet consisted of 19 very large crude carriers (VLCCs), which are tankers ranging in size from 200,000 to 320,000 deadweight tons (dwt), and two Aframax tankers (Aframaxes), which are tankers ranging in size from 80,000 to 120,000 dwt.
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