Capital Clean Energy Carriers Corp (NASDAQ:CCEC) Shares Purchased by LPL Financial LLC

LPL Financial LLC boosted its stake in Capital Clean Energy Carriers Corp (NASDAQ:CCEC) by 2.7% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 50,737 shares of the company’s stock after acquiring an additional 1,339 shares during the period. LPL Financial LLC’s holdings in Capital Clean Energy Carriers were worth $932,000 at the end of the most recent reporting period.

Separately, Geode Capital Management LLC acquired a new position in shares of Capital Clean Energy Carriers in the third quarter worth $268,000.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Fearnley Fonds lowered Capital Clean Energy Carriers from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 17th. Raymond James started coverage on shares of Capital Clean Energy Carriers in a research note on Friday, January 24th. They set an “outperform” rating and a $26.00 price target on the stock.

Capital Clean Energy Carriers Trading Down 3.8 %

Shares of Capital Clean Energy Carriers stock opened at $17.73 on Monday. Capital Clean Energy Carriers Corp has a fifty-two week low of $14.09 and a fifty-two week high of $20.40. The business’s fifty day moving average is $18.75 and its two-hundred day moving average is $18.66. The company has a quick ratio of 1.78, a current ratio of 1.80 and a debt-to-equity ratio of 1.82. The firm has a market cap of $1.04 billion, a PE ratio of 6.92 and a beta of 0.52.

Capital Clean Energy Carriers (NASDAQ:CCEC) last released its earnings results on Thursday, February 6th. The company reported $0.36 EPS for the quarter, meeting the consensus estimate of $0.36. Capital Clean Energy Carriers had a return on equity of 9.76% and a net margin of 46.85%. Analysts anticipate that Capital Clean Energy Carriers Corp will post 1.66 earnings per share for the current year.

Capital Clean Energy Carriers Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, February 12th. Investors of record on Thursday, February 6th were given a $0.15 dividend. The ex-dividend date of this dividend was Thursday, February 6th. This represents a $0.60 annualized dividend and a dividend yield of 3.38%. Capital Clean Energy Carriers’s dividend payout ratio is presently 23.44%.

Capital Clean Energy Carriers Company Profile

Capital Clean Energy Carriers Corp., a shipping company, provides marine transportation services in Greece. The company’s vessels provide a range of cargoes, including liquefied natural gas, containerized goods, and cargo under short-term voyage charters, and medium to long-term time charters. It owns vessels, including Neo-Panamax container vessels, Panamax container vessels, cape-size bulk carrier, and LNG carriers.