Hoegh Lng Partners LP (NYSE:HMLP).
Goldman Sachs Group Inc says it bought 1,950,315 shares in the previous quarter increasing its stake in Hoegh Lng Partners LP (HMLP) by 12,419.2%. Its stake was valued at $36,470,000 an increase of 12,016.3% as of the end of the quarter.
Here are some institutional investors who have increased or decreased their stake in (HMLP). Eagle Global Advisors LLC downsized its holdings by shedding 301,854 shares a decrease of 37.2% in the quarter. Eagle Global Advisors LLC now controls 509,198 shares valued at $9,446,000. The total value of its holdings decreased 39.2%. Oceanic Investment Management Ltd divested its investment by selling 128,679 shares a decrease of 12.9% as of 09/30/2017. Oceanic Investment Management Ltd claims 867,211 shares worth $16,087,000. The value of the position overall is down by 15.6%.
As of the end of the quarter Clearbridge Investments, LLC had disposed of 94,000 shares trimming its holdings by 9.7%. The value of the company’s investment in Hoegh Lng Partners LP went from $18,586,000 to $16,260,000 a change of 12.5% for the reporting period.
Equity analyst Citigroup raised the price target on August 25 changing the forecast from $21.00 to $22.00 and issued a “Buy” recommendation.
The company is down from yesterday’s close of 17.45. The P/E ratio is 7.01 and the market value is 567.89M. In the latest earnings report the EPS was $2.46 with 32.92M shares outstanding.
Short traders are feeling a little more bearish on shares of Hoegh Lng Partners LP recently if you evaluate the uptick in short interest. The stock saw a rise in short interest of 106.96% between October 13, 2017 and October 31, 2017. Short interest increased from 42,127 to 87,184 over that timeframe. With short interest at 87,184 and short average daily volume at 92,271, the short-interest ratio is 1.0 and the percentage of shorted shares is 0.00% as of October 31.