DHT Holdings, Inc. (NYSE:DHT) has been assigned a $5.00 price target by analysts at Stifel Nicolaus in a report released on Wednesday. The firm presently has a “hold” rating on the shipping company’s stock. Stifel Nicolaus’ price target would suggest a potential upside of 33.33% from the company’s previous close.

DHT has been the subject of a number of other reports. Maxim Group set a $7.00 target price on shares of DHT Holdings and gave the company a “buy” rating in a research report on Thursday, April 27th. Jefferies Group LLC restated a “buy” rating and set a $6.00 target price on shares of DHT Holdings in a research report on Monday, April 24th. Zacks Investment Research downgraded shares of DHT Holdings from a “buy” rating to a “hold” rating in a research report on Friday, April 21st. TheStreet downgraded shares of DHT Holdings from a “c” rating to a “d+” rating in a research report on Monday, May 8th. Finally, ValuEngine downgraded shares of DHT Holdings from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. One research analyst has rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $5.70.

DHT Holdings (NYSE:DHT) opened at 3.75 on Wednesday. The company’s market capitalization is $354.83 million. The stock’s 50 day moving average price is $4.15 and its 200 day moving average price is $4.47. DHT Holdings has a 12-month low of $3.29 and a 12-month high of $5.47.

DHT Holdings (NYSE:DHT) last posted its quarterly earnings data on Tuesday, August 8th. The shipping company reported $0.04 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.02 by $0.02. DHT Holdings had a negative net margin of 12.48% and a positive return on equity of 6.65%. The business had revenue of $59.63 million during the quarter, compared to the consensus estimate of $58.47 million. On average, equities analysts anticipate that DHT Holdings will post $0.21 EPS for the current fiscal year.

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Hedge funds have recently made changes to their positions in the stock. Legal & General Group Plc boosted its stake in shares of DHT Holdings by 1.1% in the first quarter. Legal & General Group Plc now owns 24,683 shares of the shipping company’s stock valued at $110,000 after buying an additional 260 shares in the last quarter. FNY Partners Fund LP acquired a new stake in shares of DHT Holdings during the first quarter valued at about $111,000. Bank of America Corp DE boosted its stake in shares of DHT Holdings by 87.1% in the first quarter. Bank of America Corp DE now owns 26,646 shares of the shipping company’s stock valued at $119,000 after buying an additional 12,407 shares in the last quarter. Wellington Management Group LLP acquired a new stake in shares of DHT Holdings during the first quarter valued at about $146,000. Finally, Engineers Gate Manager LP acquired a new stake in shares of DHT Holdings during the first quarter valued at about $148,000. 53.11% of the stock is owned by institutional investors.

DHT Holdings Company Profile

DHT Holdings, Inc operates a fleet of crude oil tankers. As of March 21, 2017, the Company’s fleet consisted of 21 crude oil tankers in operation. As of March 21, 2017, the Company’s fleet consisted of 19 very large crude carriers (VLCCs), which are tankers ranging in size from 200,000 to 320,000 deadweight tons (dwt), and two Aframax tankers (Aframaxes), which are tankers ranging in size from 80,000 to 120,000 dwt.

Analyst Recommendations for DHT Holdings (NYSE:DHT)

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