Nisa Investment Advisors LLC raised its holdings in shares of Ship Finance International Limited (NYSE:SFL) by 23.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 43,200 shares of the shipping company’s stock after purchasing an additional 8,200 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Ship Finance International were worth $670,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Schwab Charles Investment Management Inc. raised its stake in shares of Ship Finance International by 15.5% during the second quarter. Schwab Charles Investment Management Inc. now owns 269,702 shares of the shipping company’s stock valued at $3,668,000 after acquiring an additional 36,108 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of Ship Finance International by 4.6% during the second quarter. JPMorgan Chase & Co. now owns 81,195 shares of the shipping company’s stock valued at $1,104,000 after acquiring an additional 3,534 shares in the last quarter. Wells Fargo & Company MN raised its stake in shares of Ship Finance International by 9.1% during the second quarter. Wells Fargo & Company MN now owns 166,939 shares of the shipping company’s stock valued at $2,270,000 after acquiring an additional 13,952 shares in the last quarter. Alliancebernstein L.P. raised its stake in shares of Ship Finance International by 14.6% during the second quarter. Alliancebernstein L.P. now owns 109,103 shares of the shipping company’s stock valued at $1,484,000 after acquiring an additional 13,900 shares in the last quarter. Finally, Teachers Advisors LLC raised its stake in shares of Ship Finance International by 6.5% during the second quarter. Teachers Advisors LLC now owns 108,239 shares of the shipping company’s stock valued at $1,472,000 after acquiring an additional 6,574 shares in the last quarter. Institutional investors and hedge funds own 30.12% of the company’s stock.

A number of equities analysts recently commented on SFL shares. Zacks Investment Research downgraded shares of Ship Finance International from a “hold” rating to a “sell” rating in a research note on Wednesday, November 15th. Clarkson Capital raised shares of Ship Finance International from a “neutral” rating to a “buy” rating in a research note on Tuesday, October 17th. Jefferies Group started coverage on shares of Ship Finance International in a research note on Monday, December 18th. They issued a “hold” rating and a $15.00 price objective for the company. Finally, Goldman Sachs Group downgraded shares of Ship Finance International from a “neutral” rating to a “sell” rating in a research note on Wednesday, January 17th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $16.00.

Ship Finance International Limited (NYSE:SFL) opened at $15.90 on Thursday. The company has a market cap of $1,610.00, a P/E ratio of 16.06 and a beta of 1.41. Ship Finance International Limited has a 12 month low of $12.30 and a 12 month high of $16.10. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 1.13.

Ship Finance International (NYSE:SFL) last issued its quarterly earnings data on Wednesday, November 22nd. The shipping company reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.27 by $0.04. The company had revenue of $93.67 million during the quarter, compared to the consensus estimate of $97.50 million. Ship Finance International had a net margin of 28.66% and a return on equity of 11.02%. analysts forecast that Ship Finance International Limited will post 1.24 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 29th. Investors of record on Monday, December 11th were paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 8.81%. The ex-dividend date was Friday, December 8th. Ship Finance International’s dividend payout ratio (DPR) is 141.41%.

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Ship Finance International Profile

Ship Finance International Limited is a holding, and international ship owning and chartering company. The Company is engaged in the ownership and operation of vessels and offshore related assets, and also involved in the charter, purchase and sale of assets. Its assets consist of approximately 20 oil tankers, over 20 dry bulk carriers, approximately 20 container vessels, including a newbuilding, two car carriers, two jack-up drilling rigs, two ultra-deepwater drilling units, five offshore supply vessels, two chemical tankers and two newbuilding oil product tankers.

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Institutional Ownership by Quarter for Ship Finance International (NYSE:SFL)

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