Dimensional Fund Advisors LP grew its place in shares of SFL Co. Ltd. (NYSE:SFL – Free Report) by 0.7% within the second quarter, in accordance with its most up-to-date submitting with the SEC. The fund owned 8,995,617 shares of the transport firm’s inventory after buying an extra 64,875 shares throughout the quarter. Dimensional Fund Advisors LP owned about 6.49% of SFL value $124,859,000 on the finish of the latest reporting interval.
A lot of different institutional buyers and hedge funds have additionally lately modified their holdings of the enterprise. GoalVest Advisory LLC bought a brand new place in SFL throughout the first quarter valued at roughly $33,000. Benjamin F. Edwards & Firm Inc. bought a brand new place in SFL within the 1st quarter value $139,000. Aigen Funding Administration LP acquired a brand new stake in shares of SFL throughout the fourth quarter value about $119,000. MQS Administration LLC bought a brand new place in shares of SFL throughout the first quarter value $189,000. Lastly, SG Americas Securities LLC bought a brand new stake in SFL within the first quarter valued at $195,000. 28.59% of the inventory is owned by hedge funds and different institutional buyers.
SFL Inventory Down 0.9 %
NYSE SFL opened at $11.19 on Monday. The enterprise’s fifty day easy shifting common is $11.76 and its 200-day easy shifting common is $12.87. The corporate has a fast ratio of 0.34, a present ratio of 0.34 and a debt-to-equity ratio of 1.65. The agency has a market cap of $1.55 billion, a PE ratio of 11.54 and a beta of 0.67. SFL Co. Ltd. has a 52 week low of $10.27 and a 52 week excessive of $14.62.
SFL (NYSE:SFL – Get Free Report) final posted its earnings outcomes on Wednesday, August 14th. The transport firm reported $0.16 earnings per share (EPS) for the quarter. The corporate had income of $190.90 million throughout the quarter, in comparison with analysts’ expectations of $184.17 million. SFL had a return on fairness of 12.58% and a internet margin of 15.17%. The agency’s quarterly income was up 16.1% in comparison with the identical quarter final yr. Throughout the identical quarter final yr, the agency earned $0.13 earnings per share.
SFL Proclaims Dividend
The enterprise additionally lately disclosed a quarterly dividend, which might be paid on Friday, September twenty seventh. Buyers of file on Wednesday, September eleventh might be given a dividend of $0.27 per share. The ex-dividend date of this dividend is Wednesday, September eleventh. This represents a $1.08 dividend on an annualized foundation and a dividend yield of 9.65%. SFL’s payout ratio is at the moment 111.34%.
Analyst Rankings Modifications
A number of analysis corporations have commented on SFL. StockNews.com upgraded SFL from a “maintain” score to a “purchase” score in a analysis report on Tuesday, July sixteenth. Pareto Securities raised shares of SFL from a “maintain” score to a “purchase” score in a report on Tuesday, August twentieth.
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SFL Profile
SFL Company Ltd., a maritime and offshore asset proudly owning and chartering firm, engages within the possession, operation, and chartering out of vessels and offshore associated property on medium and long-term charters. The corporate operates in numerous sectors of the maritime, and transport and offshore industries, together with oil transportation, dry bulk shipments, chemical transportation, oil merchandise transportation, container transportation, automobile transportation, and drilling rigs.
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