Capital Product Partners L.P. (NASDAQ:CPLP)‘s stock had its “buy” rating restated by research analysts at UBS AG in a note issued to investors on Thursday, July 6th, www.flashratings.com reports. They currently have a $4.50 target price on the shipping company’s stock. UBS AG’s target price indicates a potential upside of 26.05% from the stock’s current price.

A number of other research firms have also weighed in on CPLP. Jefferies Group LLC reiterated a “buy” rating and set a $5.00 price objective on shares of Capital Product Partners L.P. in a research note on Friday, March 31st. Zacks Investment Research upgraded Capital Product Partners L.P. from a “sell” rating to a “hold” rating in a research note on Tuesday, April 4th. Finally, TheStreet upgraded Capital Product Partners L.P. from a “c” rating to a “b-” rating in a research note on Friday, March 31st. One research analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $4.40.

Shares of Capital Product Partners L.P. (NASDAQ:CPLP) traded down 0.56% during mid-day trading on Thursday, hitting $3.55. The stock had a trading volume of 343,190 shares. The company has a market cap of $438.89 million, a P/E ratio of 12.12 and a beta of 1.63. Capital Product Partners L.P. has a 12 month low of $2.73 and a 12 month high of $4.00.

Capital Product Partners L.P. (NASDAQ:CPLP) last released its quarterly earnings data on Friday, July 28th. The shipping company reported $0.06 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.08 by $0.02. The company had revenue of $62.06 million for the quarter, compared to analysts’ expectations of $59.47 million. Capital Product Partners L.P. had a net margin of 18.20% and a return on equity of 4.95%. Equities research analysts expect that Capital Product Partners L.P. will post $0.27 earnings per share for the current year.

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Large investors have recently bought and sold shares of the company. Two Sigma Investments LP raised its stake in Capital Product Partners L.P. by 90.0% in the fourth quarter. Two Sigma Investments LP now owns 823,778 shares of the shipping company’s stock valued at $2,620,000 after buying an additional 390,227 shares during the period. GSA Capital Partners LLP raised its stake in Capital Product Partners L.P. by 209.9% in the fourth quarter. GSA Capital Partners LLP now owns 104,912 shares of the shipping company’s stock valued at $334,000 after buying an additional 71,054 shares during the period. Nine Chapters Capital Management LLC purchased a new stake in Capital Product Partners L.P. during the first quarter valued at approximately $117,000. Arrow Investment Advisors LLC raised its stake in Capital Product Partners L.P. by 5.4% in the first quarter. Arrow Investment Advisors LLC now owns 280,612 shares of the shipping company’s stock valued at $1,002,000 after buying an additional 14,420 shares during the period. Finally, JPMorgan Chase & Co. raised its stake in Capital Product Partners L.P. by 40.7% in the first quarter. JPMorgan Chase & Co. now owns 837,790 shares of the shipping company’s stock valued at $2,991,000 after buying an additional 242,322 shares during the period. Institutional investors own 18.43% of the company’s stock.

About Capital Product Partners L.P.

Capital Product Partners L.P. is an international owner of tanker, container and drybulk vessels. The Company’s fleet consisted of 36 high specification vessels with an average age of approximately 7.4 years, as of December 31, 2016. As of December 31, 2016, its fleet consisted of four Suezmax crude oil tankers, 21 medium range product tankers, 10 post-panamax container carrier vessels and one Capesize bulk carrier.

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