Gotham Asset Management LLC Has $267,000 Stock Holdings in FLEX LNG Ltd. (NYSE:FLNG)

Gotham Asset Management LLC lowered its stake in FLEX LNG Ltd. (NYSE:FLNG) by 19.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 11,643 shares of the company’s stock after selling 2,883 shares during the period. Gotham Asset Management LLC’s holdings in FLEX LNG were worth $267,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Quadrant Capital Group LLC increased its holdings in shares of FLEX LNG by 465.8% during the fourth quarter. Quadrant Capital Group LLC now owns 1,143 shares of the company’s stock worth $26,000 after buying an additional 941 shares in the last quarter. Financial Life Planners bought a new stake in FLEX LNG during the fourth quarter valued at $29,000. WFA Asset Management Corp boosted its position in FLEX LNG by 106.8% during the fourth quarter. WFA Asset Management Corp now owns 2,068 shares of the company’s stock valued at $47,000 after acquiring an additional 1,068 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its position in shares of FLEX LNG by 27.5% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 2,588 shares of the company’s stock worth $59,000 after purchasing an additional 558 shares in the last quarter. Finally, Whipplewood Advisors LLC bought a new position in shares of FLEX LNG during the 4th quarter worth about $75,000.

Wall Street Analyst Weigh In

FLNG has been the topic of several recent research reports. Jefferies Financial Group reaffirmed a “hold” rating and issued a $23.00 price target on shares of FLEX LNG in a research report on Tuesday, February 4th. Fearnley Fonds upgraded shares of FLEX LNG to a “hold” rating in a research note on Monday, February 17th.

FLEX LNG Stock Down 1.9%

FLEX LNG stock opened at $24.40 on Wednesday. FLEX LNG Ltd. has a 1-year low of $19.46 and a 1-year high of $30.48. The firm has a market capitalization of $1.31 billion, a price-to-earnings ratio of 11.19 and a beta of 0.45. The company has a current ratio of 2.99, a quick ratio of 2.96 and a debt-to-equity ratio of 2.11. The firm has a 50 day simple moving average of $22.97 and a 200 day simple moving average of $23.57.

About FLEX LNG

FLEX LNG Ltd. engages in the seaborne transportation of liquefied natural gas (LPG) through the ownership and operation of LNG carriers. The company was founded by Philip Eystein Fjeld, Trym Tveitnes and Jostein Ueland in September 2006 and is headquartered in Hamilton, Bermuda.