The Gener8 Maritime Inc (GNRT) Shares Bought by Boston Partners

The Gener8 Maritime Inc (GNRT) Shares Bought by Boston Partners

Several other large investors have also made changes to their positions in the stock. Monarch Alternative Capital LP acquired a new stake in shares of Gener8 Maritime during the fourth quarter worth about $14,465,000. UBS Oconnor LLC boosted its stake in shares of Gener8 Maritime by 4.2% in the third quarter. UBS Oconnor LLC now owns 1,016,063 shares of the shipping company’s stock worth $5,202,000 after buying an additional 40,952 shares during the period. Royce & Associates LP boosted its stake in shares of Gener8 Maritime by 82.4% in the fourth quarter. Royce & Associates LP now owns 866,526 shares of the shipping company’s stock worth $3,882,000 after buying an additional 391,526 shares during the period. State Street Corp boosted its stake in shares of Gener8 Maritime by 10.2% in the fourth quarter. State Street Corp now owns 808,524 shares of the shipping company’s stock worth $3,625,000 after buying an additional 75,020 shares during the period. Finally, AQR Capital Management LLC boosted its stake in shares of Gener8 Maritime by 36.3% in the fourth quarter. AQR Capital Management LLC now owns 751,898 shares of the shipping company’s stock valued at $3,368,000 after buying an additional 200,209 shares during the last quarter.

Boston Partners raised its position in shares of Gener8 Maritime Inc (NASDAQ:GNRT) by 69.7% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,239,283 shares of the shipping company’s stock after buying an additional 509,072 shares during the period. Boston Partners owned approximately 1.49% of Gener8 Maritime worth $7,027,000 as of its most recent filing with the SEC.

Gener8 Maritime Inc (GNRT) opened at 5.25 on Monday. The company has a market capitalization of $435.54 million and a price-to-earnings ratio of 13.43. Gener8 Maritime Inc has a one year low of $3.52 and a one year high of $7.83. The firm has a 50-day moving average of $5.25 and a 200 day moving average of $4.91.

Several equities research analysts have weighed in on GNRT shares. Jefferies Group LLC reissued a “buy” rating on shares of Gener8 Maritime in a research report on Friday, March 24th. Zacks Investment Research raised shares of Gener8 Maritime from a “sell” rating to a “hold” rating in a research report on Tuesday, March 14th. Finally, ValuEngine cut shares of Gener8 Maritime from a “buy” rating to a “hold” rating in a research report on Saturday. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Gener8 Maritime currently has a consensus rating of “Hold” and a consensus price target of $7.56. About Gener8 Maritime

Gener8 Maritime, Inc is a provider of international seaborne crude oil transportation services. The Company operates through the transportation of international seaborne crude oil and petroleum products with its fleet of vessels segment. As of March 10, 2017, the Company owned a fleet of 40 tankers on the water, consisting of 24 Very Large Crude Carriers (VLCCs), 10 Suezmax vessels, four Aframax vessels and two Panamax vessels, with an aggregate carrying capacity of 9.4 million deadweight tons (DWT) and one eco VLCC newbuilding.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:GNRT”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

Related posts

Leave a Comment