48 institutions hold shares in GasLog Partners LP (GLOP), with 15.76M shares held by insiders accounting for 31.13% while institutional investors hold 38.15% of the company’s shares. The shares outstanding are 48.54M, and float is at 37.75M with Short Float at 3.71%. Institutions hold 26.28% of the Float.
The top institutional shareholder in the company is Invesco Ltd. with over 10.02 million shares valued at $27.25 million. The investor’s holdings represent 21.08% of the GLOP Shares outstanding. As of Dec 30, 2020, the second largest holder is Millennium Management LLC with 0.3 million shares valued at $0.82 million to account for 0.63% of the shares outstanding. The other top investors are Arrowstreet Capital, Limited Partnership which holds 0.2 million shares representing 0.42% and valued at over $0.54 million, while Susquehanna Fundamental Investments, LLC holds 0.39% of the shares totaling 0.19 million with a market value of $0.51 million.
GasLog Partners LP (NYSE: GLOP) is 6.62% higher on its value in year-to-date trading and has touched a low of $2.10 and a high of $7.42 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The GLOP stock was last observed hovering at around $2.75 in the last trading session, with the day’s gains setting it 0.15% off its average median price target of $4.00 for the next 12 months. It is also 27.5% off the consensus price target high of $4.00 offered by 5 analysts, but current levels are 3.33% higher than the price target low of $3.00 for the same period.
Currently trading at $2.90, the stock is 8.49% and -1.03% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.14 million and changing 5.45% at the moment leaves the stock -12.74% off its SMA200. GLOP registered -48.58% loss for a year compared to 6-month loss of -17.14%. The firm has a 50-day simple moving average (SMA 50) of $3.0676 and a 200-day simple moving average (SMA200) of $3.1744.
The stock witnessed a 2.84% gain in the last 1 month and extending the period to 3 months gives it a -11.59%, and is 12.40% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.41% over the week and 5.20% over the month.
Current P/E ratio is 5.32 and Fwd P/E is 3.76. Profit margin for the company is 8.00%. Distance from 52-week low is 38.10% and -60.92% from its 52-week high. The company has generated returns on investments over the last 12 months (6.50%).
GasLog Partners LP (GLOP) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for GasLog Partners LP (GLOP) is a “Hold”. 5 analysts offering their recommendations for the stock have an average rating of 3.30, where 4 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
GasLog Partners LP is expected to release its quarterly report on 07/29/2021 and quarterly earnings per share for the current quarter are estimated at $0.3 with sales reaching $79.82M over the same period.The EPS is expected to grow by 136.60% this year, but quarterly earnings will post -10.30% year-over-year. Quarterly sales are estimated to shrink -12.60% in year-over-year returns.
GasLog Partners LP (GLOP): Who are the competitors?
The company’s main competitors (and peers) include Teekay LNG Partners L.P. (TGP) that is trading 29.21% up over the past 12 months. Golar LNG Limited (GLNG) is 70.07% up on the 1-year trading charts. Short interest in the company’s stock has risen 32.69% from the last report on Apr 14, 2021 to stand at a total of 1.4 million short shares sold with a short interest ratio of 1.38.