Capital Clean Energy Carriers Corp (NASDAQ:CCEC) Shares Bought by LPL Financial LLC

LPL Financial LLC lifted its holdings in shares of Capital Clean Energy Carriers Corp (NASDAQ:CCEC) by 2.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 50,737 shares of the company’s stock after buying an additional 1,339 shares during the period. LPL Financial LLC owned approximately 0.09% of Capital Clean Energy Carriers worth $932,000 at the end of the most recent quarter.

Separately, Geode Capital Management LLC purchased a new position in shares of Capital Clean Energy Carriers in the 3rd quarter valued at approximately $268,000.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Fearnley Fonds cut Capital Clean Energy Carriers from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 17th. Raymond James assumed coverage on shares of Capital Clean Energy Carriers in a research report on Friday, January 24th. They set an “outperform” rating and a $26.00 price objective for the company.

Capital Clean Energy Carriers Stock Performance

NASDAQ CCEC opened at $17.73 on Monday. The company has a current ratio of 1.80, a quick ratio of 1.78 and a debt-to-equity ratio of 1.82. The business’s 50 day moving average is $18.75 and its two-hundred day moving average is $18.66. The stock has a market capitalization of $1.04 billion, a price-to-earnings ratio of 6.92 and a beta of 0.52. Capital Clean Energy Carriers Corp has a 12-month low of $14.09 and a 12-month high of $20.40.

Capital Clean Energy Carriers (NASDAQ:CCEC) last announced its quarterly earnings data on Thursday, February 6th. The company reported $0.36 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.36. Capital Clean Energy Carriers had a return on equity of 9.76% and a net margin of 46.85%. Research analysts expect that Capital Clean Energy Carriers Corp will post 1.66 EPS for the current year.

Capital Clean Energy Carriers Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, February 12th. Stockholders of record on Thursday, February 6th were issued a $0.15 dividend. The ex-dividend date of this dividend was Thursday, February 6th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.38%. Capital Clean Energy Carriers’s dividend payout ratio is presently 23.44%.

Capital Clean Energy Carriers Profile

Capital Clean Energy Carriers Corp., a shipping company, provides marine transportation services in Greece. The company’s vessels provide a range of cargoes, including liquefied natural gas, containerized goods, and cargo under short-term voyage charters, and medium to long-term time charters. It owns vessels, including Neo-Panamax container vessels, Panamax container vessels, cape-size bulk carrier, and LNG carriers.