Banque Cantonale Vaudoise Decreases Position in Safe Bulkers, Inc. (NYSE:SB)

Banque Cantonale Vaudoise lowered its position in Safe Bulkers, Inc. (NYSE:SBFree Report) by 37.5% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 20,007 shares of the shipping company’s stock after selling 11,987 shares during the period. Banque Cantonale Vaudoise’s holdings in Safe Bulkers were worth $65,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. Tower Research Capital LLC TRC grew its holdings in Safe Bulkers by 127.3% in the second quarter. Tower Research Capital LLC TRC now owns 7,623 shares of the shipping company’s stock worth $25,000 after purchasing an additional 4,269 shares during the last quarter. Advisor Group Holdings Inc. grew its stake in Safe Bulkers by 1,074.3% during the 1st quarter. Advisor Group Holdings Inc. now owns 8,220 shares of the shipping company’s stock worth $39,000 after buying an additional 7,520 shares during the last quarter. Financial Advocates Investment Management purchased a new position in Safe Bulkers during the 4th quarter worth $29,000. Virtu Financial LLC acquired a new position in Safe Bulkers during the 2nd quarter valued at about $35,000. Finally, Sigma Planning Corp purchased a new stake in Safe Bulkers in the third quarter valued at about $37,000. Institutional investors own 20.56% of the company’s stock.

Safe Bulkers Price Performance

Shares of NYSE SB opened at $4.17 on Friday. Safe Bulkers, Inc. has a fifty-two week low of $2.97 and a fifty-two week high of $4.30. The company has a market cap of $465.29 million, a PE ratio of 6.22 and a beta of 0.99. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.02 and a current ratio of 2.02. The business has a 50-day simple moving average of $3.97 and a two-hundred day simple moving average of $3.52.

Safe Bulkers Profile

(Free Report)

Safe Bulkers, Inc, together with its subsidiaries, provides marine drybulk transportation services. It owns and operates drybulk vessels for transporting bulk cargoes primarily coal, grain, and iron ore. The company has a fleet of 46 drybulk vessels having an aggregate carrying capacity of 4.6 million deadweight tons.

See Also

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Institutional Ownership by Quarter for Safe Bulkers (NYSE:SB)

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