A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Cut to “Strong Sell” at Fearnley Fonds

Fearnley Fonds lowered shares of A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) from a strong-buy rating to a strong sell rating in a research report sent to investors on Tuesday morning,Zacks.com reports.

Separately, Citigroup upgraded A.P. Møller – Mærsk A/S from a “strong sell” rating to a “hold” rating in a research report on Wednesday, April 16th. Four equities research analysts have rated the stock with a sell rating and two have issued a hold rating to the company. According to data from MarketBeat.com, A.P. Møller – Mærsk A/S presently has an average rating of “Reduce”.

A.P. Møller – Mærsk A/S Stock Down 1.8 %

AMKBY stock opened at $8.24 on Tuesday. The firm has a 50-day moving average price of $8.43 and a 200-day moving average price of $8.09. A.P. Møller – Mærsk A/S has a 12 month low of $6.69 and a 12 month high of $9.76. The company has a current ratio of 2.45, a quick ratio of 2.33 and a debt-to-equity ratio of 0.08. The stock has a market capitalization of $26.09 billion, a P/E ratio of 4.23 and a beta of 1.04.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last released its quarterly earnings data on Thursday, February 13th. The transportation company reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.27. A.P. Møller – Mærsk A/S had a return on equity of 11.03% and a net margin of 11.01%. As a group, equities research analysts anticipate that A.P. Møller – Mærsk A/S will post 0.41 EPS for the current fiscal year.

A.P. Møller – Mærsk A/S Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, April 7th. Stockholders of record on Thursday, March 20th were issued a dividend of $0.7832 per share. The ex-dividend date of this dividend was Thursday, March 20th. This is a positive change from A.P. Møller – Mærsk A/S’s previous dividend of $0.28. A.P. Møller – Mærsk A/S’s dividend payout ratio is currently 26.67%.

About A.P. Møller – Mærsk A/S

A.P. Møller – Mærsk A/S, together with its subsidiaries, engages in the ocean transport and logistics business in Denmark and internationally. It operates through Ocean, Logistics & Services, Terminals, and Towage & Maritime Services segments. The Ocean segment is involved in container shipping activities, including demurrage and detention, terminal handling, documentation and container services, and container storage, as well as transshipment hubs.