Exchange Traded Concepts LLC Has $98,000 Stock Holdings in Capital Clean Energy Carriers Corp. (NASDAQ:CCEC)

Exchange Traded Concepts LLC increased its position in shares of Capital Clean Energy Carriers Corp. (NASDAQ:CCEC) by 281.7% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,092 shares of the company’s stock after buying an additional 3,758 shares during the quarter. Exchange Traded Concepts LLC’s holdings in Capital Clean Energy Carriers were worth $98,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Larson Financial Group LLC acquired a new stake in Capital Clean Energy Carriers during the fourth quarter worth about $41,000. Geode Capital Management LLC lifted its stake in Capital Clean Energy Carriers by 7.4% during the fourth quarter. Geode Capital Management LLC now owns 15,362 shares of the company’s stock worth $281,000 after purchasing an additional 1,058 shares during the period. Finally, LPL Financial LLC lifted its stake in Capital Clean Energy Carriers by 2.7% during the fourth quarter. LPL Financial LLC now owns 50,737 shares of the company’s stock worth $932,000 after purchasing an additional 1,339 shares during the period.

Capital Clean Energy Carriers Stock Down 1.3%

Shares of CCEC opened at $23.45 on Wednesday. The stock has a market cap of $1.37 billion, a price-to-earnings ratio of 7.11 and a beta of 0.42. The company has a quick ratio of 1.81, a current ratio of 1.83 and a debt-to-equity ratio of 1.72. Capital Clean Energy Carriers Corp. has a 12 month low of $14.09 and a 12 month high of $24.33. The company has a 50-day moving average price of $21.07 and a two-hundred day moving average price of $19.50.

Capital Clean Energy Carriers (NASDAQ:CCEC) last announced its quarterly earnings results on Thursday, May 8th. The company reported $0.55 EPS for the quarter, topping analysts’ consensus estimates of $0.36 by $0.19. The firm had revenue of $109.40 million during the quarter, compared to analysts’ expectations of $105.77 million. Capital Clean Energy Carriers had a net margin of 57.50% and a return on equity of 10.53%. Equities analysts predict that Capital Clean Energy Carriers Corp. will post 1.66 EPS for the current fiscal year.

Capital Clean Energy Carriers Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 16th. Shareholders of record on Monday, May 12th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 2.56%. The ex-dividend date of this dividend was Monday, May 12th. Capital Clean Energy Carriers’s dividend payout ratio is 18.18%.

About Capital Clean Energy Carriers

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.