Jane Street Group LLC Has $137,000 Stock Holdings in Himalaya Shipping Ltd. (NYSE:HSHP)

Jane Street Group LLC lessened its position in Himalaya Shipping Ltd. (NYSE:HSHP) by 59.4% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 15,977 shares of the company’s stock after selling 23,416 shares during the period. Jane Street Group LLC’s holdings in Himalaya Shipping were worth $137,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in HSHP. Bank of New York Mellon Corp raised its holdings in shares of Himalaya Shipping by 17.3% in the second quarter. Bank of New York Mellon Corp now owns 84,091 shares of the company’s stock valued at $770,000 after buying an additional 12,400 shares during the last quarter. Rhumbline Advisers raised its holdings in shares of Himalaya Shipping by 17.2% in the second quarter. Rhumbline Advisers now owns 38,407 shares of the company’s stock valued at $352,000 after buying an additional 5,623 shares during the last quarter. Hsbc Holdings PLC raised its holdings in shares of Himalaya Shipping by 166.0% in the second quarter. Hsbc Holdings PLC now owns 95,767 shares of the company’s stock valued at $845,000 after buying an additional 59,765 shares during the last quarter. Valeo Financial Advisors LLC bought a new position in shares of Himalaya Shipping in the third quarter valued at about $87,000. Finally, Creative Planning bought a new position in shares of Himalaya Shipping in the third quarter valued at about $155,000. 22.33% of the stock is owned by institutional investors.

Himalaya Shipping Stock Performance

Himalaya Shipping stock opened at $5.03 on Tuesday. The stock has a 50-day simple moving average of $5.78 and a 200 day simple moving average of $7.10. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 4.34. Himalaya Shipping Ltd. has a 12-month low of $4.54 and a 12-month high of $9.76. The stock has a market capitalization of $200.56 million, a price-to-earnings ratio of 2.59 and a beta of 2.57.

Himalaya Shipping Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, February 5th. Shareholders of record on Tuesday, January 21st will be issued a dividend of $0.005 per share. The ex-dividend date is Monday, January 20th. This represents a $0.06 annualized dividend and a yield of 1.19%. Himalaya Shipping’s dividend payout ratio is currently 10.31%.

Himalaya Shipping Company Profile

Himalaya Shipping Ltd. provides dry bulk shipping services worldwide. The company operates a fleet of vessels. It serves major commodity trading, commodity and energy transition, and multi-modal transport companies. Himalaya Shipping Ltd. was incorporated in 2021 and is based in Hamilton, Bermuda.