Advisory Research Inc. continued to hold its position in shares of KNOT Offshore Partners LP (NYSE:KNOP) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,583,745 shares of the shipping company’s stock at the end of the 2nd quarter. Advisory Research Inc. owned 5.33% of KNOT Offshore Partners worth $36,901,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Global X Management Co. LLC bought a new position in shares of KNOT Offshore Partners in the 2nd quarter worth $162,000. Royal Bank of Canada increased its holdings in shares of KNOT Offshore Partners by 4.8% in the 2nd quarter. Royal Bank of Canada now owns 8,775 shares of the shipping company’s stock worth $201,000 after buying an additional 405 shares during the last quarter. PNC Financial Services Group Inc. bought a new position in shares of KNOT Offshore Partners in the 1st quarter worth $215,000. KCG Holdings Inc. bought a new position in shares of KNOT Offshore Partners in the 1st quarter worth $223,000. Finally, Naples Global Advisors LLC increased its holdings in shares of KNOT Offshore Partners by 55.9% in the 2nd quarter. Naples Global Advisors LLC now owns 15,275 shares of the shipping company’s stock worth $351,000 after buying an additional 5,475 shares during the last quarter. Institutional investors and hedge funds own 50.14% of the company’s stock.

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Shares of KNOT Offshore Partners LP (NYSE KNOP) traded down 1.26% during trading on Friday, hitting $23.45. 25,878 shares of the stock were exchanged. The stock has a market cap of $709.41 million, a PE ratio of 10.66 and a beta of 0.77. KNOT Offshore Partners LP has a 52-week low of $18.90 and a 52-week high of $24.67. The firm has a 50 day moving average of $23.33 and a 200-day moving average of $22.93.

KNOP has been the topic of a number of research analyst reports. Zacks Investment Research lowered shares of KNOT Offshore Partners from a “hold” rating to a “sell” rating in a report on Wednesday, July 19th. ValuEngine raised shares of KNOT Offshore Partners from a “buy” rating to a “strong-buy” rating in a report on Friday, September 1st. Finally, BidaskClub lowered shares of KNOT Offshore Partners from a “hold” rating to a “sell” rating in a report on Tuesday, August 22nd.

KNOT Offshore Partners Company Profile

KNOT Offshore Partners LP (KNOT Offshore Partners or the Partnership), owns, operates and acquires shuttle tankers under long-term charters. The Partnership’s vessels in its fleet are chartered to Statoil ASA (Statoil), Petrobras Transporte SA (Transpetro), Repsol Sinopec Brasil, SA (Repsol), Royal Dutch Shell plc, ExxonMobil, and Eni Trading and Shipping S.p.A.

Institutional Ownership by Quarter for KNOT Offshore Partners (NYSE:KNOP)

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