GasLog Partners LP Unit (GLOP) Position Lowered by Bramshill Investments LLC

Bramshill Investments LLC reduced its holdings in shares of GasLog Partners LP Unit (NYSE:GLOP) by 9.7% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 55,210 shares of the shipping company’s stock after selling 5,943 shares during the period. Bramshill Investments LLC owned approximately 0.13% of GasLog Partners LP Unit worth $1,380,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Barnett & Company Inc. boosted its holdings in shares of GasLog Partners LP Unit by 109.8% in the third quarter. Barnett & Company Inc. now owns 4,720 shares of the shipping company’s stock valued at $118,000 after acquiring an additional 2,470 shares in the last quarter. First Republic Investment Management Inc. acquired a new stake in shares of GasLog Partners LP Unit in the third quarter valued at about $206,000. Captrust Financial Advisors acquired a new stake in shares of GasLog Partners LP Unit in the second quarter valued at about $213,000. California Public Employees Retirement System acquired a new stake in shares of GasLog Partners LP Unit in the second quarter valued at about $322,000. Finally, Castle Rock Wealth Management LLC lifted its stake in shares of GasLog Partners LP Unit by 27.2% in the second quarter. Castle Rock Wealth Management LLC now owns 21,400 shares of the shipping company’s stock valued at $510,000 after purchasing an additional 4,574 shares during the period. 45.62% of the stock is currently owned by institutional investors.

Several analysts recently commented on the stock. Berenberg Bank assumed coverage on shares of GasLog Partners LP Unit in a research note on Thursday, September 6th. They issued a “buy” rating and a $29.00 price objective for the company. B. Riley began coverage on shares of GasLog Partners LP Unit in a research report on Wednesday, September 5th. They set a “neutral” rating and a $27.00 target price for the company. Morgan Stanley cut their target price on shares of GasLog Partners LP Unit from $27.00 to $26.50 and set a “buy” rating for the company in a research report on Monday, November 19th. Zacks Investment Research upgraded shares of GasLog Partners LP Unit from a “hold” rating to a “strong-buy” rating and set a $29.00 target price for the company in a research report on Tuesday, October 23rd. Finally, ValuEngine upgraded shares of GasLog Partners LP Unit from a “hold” rating to a “buy” rating in a research report on Monday, October 22nd. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $27.44.

Shares of GLOP opened at $20.76 on Tuesday. The company has a quick ratio of 1.29, a current ratio of 1.31 and a debt-to-equity ratio of 1.25. The stock has a market cap of $912.30 million, a price-to-earnings ratio of 9.93 and a beta of 1.14. GasLog Partners LP Unit has a 12-month low of $20.58 and a 12-month high of $25.99.

GasLog Partners LP Unit (NYSE:GLOP) last announced its earnings results on Thursday, October 25th. The shipping company reported $0.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.46 by $0.03. The company had revenue of $81.89 million during the quarter, compared to analysts’ expectations of $81.68 million. GasLog Partners LP Unit had a net margin of 33.57% and a return on equity of 13.09%. As a group, research analysts anticipate that GasLog Partners LP Unit will post 1.74 earnings per share for the current year.

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GasLog Partners LP Unit Company Profile

GasLog Partners LP owns, operates, and acquires liquefied natural gas (LNG) carriers under multi-year charters. As of February 8, 2018, it had a fleet of 12 LNG carriers. The company was founded in 2014 and is based in Monaco.

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Institutional Ownership by Quarter for GasLog Partners LP Unit (NYSE:GLOP)

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