SFL Co. Ltd. (NYSE:SFL) Shares Purchased by Relyea Zuckerberg Hanson LLC

Relyea Zuckerberg Hanson LLC increased its holdings in shares of SFL Co. Ltd. (NYSE:SFL) by 16.1% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,647 shares of the shipping company’s stock after purchasing an additional 1,751 shares during the period. Relyea Zuckerberg Hanson LLC’s holdings in SFL were worth $104,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Signaturefd LLC lifted its stake in shares of SFL by 831.8% in the 4th quarter. Signaturefd LLC now owns 2,870 shares of the shipping company’s stock worth $29,000 after acquiring an additional 2,562 shares during the period. Jones Financial Companies Lllp lifted its stake in shares of SFL by 41.9% in the 4th quarter. Jones Financial Companies Lllp now owns 3,220 shares of the shipping company’s stock worth $33,000 after acquiring an additional 950 shares during the period. Sterling Capital Management LLC lifted its stake in shares of SFL by 883.5% in the 4th quarter. Sterling Capital Management LLC now owns 3,275 shares of the shipping company’s stock worth $33,000 after acquiring an additional 2,942 shares during the period. GAMMA Investing LLC lifted its stake in shares of SFL by 636.8% in the 1st quarter. GAMMA Investing LLC now owns 4,723 shares of the shipping company’s stock worth $39,000 after acquiring an additional 4,082 shares during the period. Finally, Farther Finance Advisors LLC lifted its stake in shares of SFL by 39.6% in the 1st quarter. Farther Finance Advisors LLC now owns 5,986 shares of the shipping company’s stock worth $49,000 after acquiring an additional 1,698 shares during the period. Institutional investors and hedge funds own 28.59% of the company’s stock.

SFL Stock Up 0.2%

SFL stock opened at $8.60 on Friday. SFL Co. Ltd. has a one year low of $6.78 and a one year high of $14.14. The stock has a market capitalization of $1.25 billion, a PE ratio of 8.51 and a beta of 0.51. The company has a debt-to-equity ratio of 1.91, a quick ratio of 0.50 and a current ratio of 0.38. The company has a fifty day moving average of $8.27 and a 200-day moving average of $9.21.

SFL (NYSE:SFL) last released its earnings results on Wednesday, May 14th. The shipping company reported $0.03 EPS for the quarter, topping the consensus estimate of ($0.01) by $0.04. SFL had a net margin of 14.45% and a return on equity of 12.41%. The company had revenue of $186.74 million during the quarter, compared to analysts’ expectations of $183.82 million. During the same quarter last year, the business earned $0.36 EPS. The business’s revenue was down 18.5% on a year-over-year basis.

SFL Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 27th. Investors of record on Thursday, June 12th will be paid a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 12.57%. The ex-dividend date is Thursday, June 12th. SFL’s dividend payout ratio (DPR) is 263.41%.

SFL Company Profile

SFL Corporation Ltd., a maritime and offshore asset owning and chartering company, engages in the ownership, operation, and chartering out of vessels and offshore related assets on medium and long-term charters. The company operates in various sectors of the maritime, and shipping and offshore industries, including oil transportation, dry bulk shipments, chemical transportation, oil products transportation, container transportation, car transportation, and drilling rigs.