Euroseas Ltd. (NASDAQ:ESEA) Shares Purchased by Quadrature Capital Ltd

Quadrature Capital Ltd raised its stake in Euroseas Ltd. (NASDAQ:ESEAFree Report) by 51.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 46,007 shares of the shipping company’s stock after purchasing an additional 15,618 shares during the quarter. Quadrature Capital Ltd owned about 0.66% of Euroseas worth $1,434,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in ESEA. Jump Financial LLC purchased a new position in Euroseas in the fourth quarter valued at about $262,000. Janney Montgomery Scott LLC purchased a new position in Euroseas in the fourth quarter valued at about $447,000. Finally, Acadian Asset Management LLC purchased a new position in Euroseas in the third quarter valued at about $551,000. 6.27% of the stock is owned by hedge funds and other institutional investors.

Euroseas Trading Up 2.2 %

NASDAQ:ESEA opened at $38.95 on Tuesday. The business’s 50-day moving average is $36.42 and its two-hundred day moving average is $35.32. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.96 and a quick ratio of 0.91. Euroseas Ltd. has a 12 month low of $19.71 and a 12 month high of $42.29. The firm has a market capitalization of $273.04 million, a PE ratio of 2.56 and a beta of 0.80.

Euroseas Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 19th. Shareholders of record on Wednesday, June 12th will be given a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 6.16%. The ex-dividend date is Wednesday, June 12th. Euroseas’s dividend payout ratio (DPR) is presently 15.76%.

Euroseas Profile

(Free Report)

Euroseas Ltd. provides ocean-going transportation services worldwide. The company owns and operates containerships that transport dry and refrigerated containerized cargoes, including manufactured products and perishables. As of March 31, 2024, it had a fleet of 20 containerships with a cargo carrying capacity of approximately 777,749 dwt.

See Also

Institutional Ownership by Quarter for Euroseas (NASDAQ:ESEA)

Receive News & Ratings for Euroseas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Euroseas and related companies with's FREE daily email newsletter.