Skandinaviska Enskilda Banken AB publ purchased a new position in shares of Okeanis Eco Tankers Corp. (NYSE:ECO – Free Report) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 54,993 shares of the company’s stock, valued at approximately $1,767,000. Skandinaviska Enskilda Banken AB publ owned about 0.17% of Okeanis Eco Tankers at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently bought and sold shares of ECO. Susquehanna International Securities Ltd. purchased a new stake in Okeanis Eco Tankers in the 1st quarter valued at $210,000. Acadian Asset Management LLC acquired a new position in shares of Okeanis Eco Tankers during the 2nd quarter valued at about $370,000. Finally, Hsbc Holdings PLC grew its holdings in shares of Okeanis Eco Tankers by 123.9% in the second quarter. Hsbc Holdings PLC now owns 178,056 shares of the company’s stock valued at $5,692,000 after purchasing an additional 98,528 shares during the period.
Okeanis Eco Tankers Price Performance
Shares of ECO stock opened at $33.06 on Tuesday. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.48 and a quick ratio of 1.23. The company has a market capitalization of $1.06 billion and a PE ratio of 7.89. The firm’s 50-day moving average is $31.04 and its two-hundred day moving average is $31.59. Okeanis Eco Tankers Corp. has a 12 month low of $23.05 and a 12 month high of $36.69.
Okeanis Eco Tankers Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, September 5th. Shareholders of record on Wednesday, August 21st were given a $1.10 dividend. The ex-dividend date was Wednesday, August 21st. This represents a $4.40 dividend on an annualized basis and a yield of 13.31%. Okeanis Eco Tankers’s payout ratio is currently 105.01%.
Okeanis Eco Tankers Company Profile
Okeanis Eco Tankers Corp., a shipping company, owns and operates tanker vessels worldwide. It operates a fleet of 14 tanker vessels comprising six modern Suezmax tankers and eight modern VLCC tankers focusing on the transportation of crude oil. The company was incorporated in 2018 and is based in Neo Faliro, Greece.
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