13,524 Shares in Himalaya Shipping Ltd. (NYSE:HSHP) Acquired by SG Americas Securities LLC

SG Americas Securities LLC bought a new position in shares of Himalaya Shipping Ltd. (NYSE:HSHP) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 13,524 shares of the company’s stock, valued at approximately $66,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. State Street Corp increased its position in Himalaya Shipping by 1.7% during the 3rd quarter. State Street Corp now owns 366,210 shares of the company’s stock worth $3,171,000 after purchasing an additional 6,090 shares in the last quarter. Barclays PLC grew its position in Himalaya Shipping by 143.3% in the third quarter. Barclays PLC now owns 114,004 shares of the company’s stock valued at $987,000 after acquiring an additional 67,149 shares in the last quarter. GSA Capital Partners LLP grew its position in Himalaya Shipping by 15.4% in the third quarter. GSA Capital Partners LLP now owns 100,405 shares of the company’s stock valued at $870,000 after acquiring an additional 13,405 shares in the last quarter. Creative Planning acquired a new stake in Himalaya Shipping in the third quarter valued at approximately $155,000. Finally, Quadrature Capital Ltd acquired a new stake in Himalaya Shipping in the third quarter valued at approximately $116,000. Institutional investors and hedge funds own 22.33% of the company’s stock.

Himalaya Shipping Stock Performance

Shares of NYSE:HSHP opened at $4.95 on Friday. 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 52-week low of $4.48 and a 52-week high of $9.76. The company has a 50 day moving average of $4.90 and a two-hundred day moving average of $6.54.

Himalaya Shipping Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, March 5th. Shareholders of record on Friday, February 21st will be given a $0.005 dividend. This represents a $0.06 annualized dividend and a yield of 1.21%. The ex-dividend date is Thursday, February 20th.

About Himalaya Shipping

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.