Mraz Amerine & Associates Inc. Has $269,000 Stock Position in Euronav NV (NYSE:EURN)

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Mraz Amerine & Associates Inc. decreased its stake in Euronav NV (NYSE:EURN) by 28.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 28,491 shares of the shipping company’s stock after selling 11,408 shares during the period. Mraz Amerine & Associates Inc.’s holdings in Euronav were worth $269,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Steward Partners Investment Advisory LLC acquired a new stake in Euronav during the second quarter worth $25,000. Campbell & CO Investment Adviser LLC boosted its stake in Euronav by 39.6% during the second quarter. Campbell & CO Investment Adviser LLC now owns 22,757 shares of the shipping company’s stock worth $215,000 after buying an additional 6,460 shares in the last quarter. Aperio Group LLC acquired a new stake in Euronav during the second quarter worth $68,000. Dimensional Fund Advisors LP boosted its stake in Euronav by 5.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 165,588 shares of the shipping company’s stock worth $1,148,000 after buying an additional 8,635 shares in the last quarter. Finally, Bienville Capital Management LLC acquired a new stake in Euronav during the first quarter worth $82,000. Institutional investors and hedge funds own 29.93% of the company’s stock.

Shares of NYSE:EURN traded up $0.31 on Friday, hitting $7.56. The stock had a trading volume of 431,700 shares, compared to its average volume of 366,902. Euronav NV has a twelve month low of $6.77 and a twelve month high of $10.22. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.19 and a current ratio of 1.53. The firm’s 50 day moving average price is $8.63 and its 200-day moving average price is $8.62. The company has a market capitalization of $1.69 billion, a price-to-earnings ratio of -11.63 and a beta of 0.96.

A number of equities research analysts have weighed in on EURN shares. ValuEngine downgraded shares of Euronav from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. Zacks Investment Research upgraded shares of Euronav from a “sell” rating to a “hold” rating in a research note on Tuesday. Finally, Evercore ISI reiterated a “buy” rating and set a $16.00 price target on shares of Euronav in a research note on Monday, August 12th. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $11.83.

About Euronav

Euronav NV, together with its subsidiaries, engages in the transportation and storage of crude oil and petroleum products worldwide. The company operates through two segments, Tankers; and Floating Production, Storage, and Offloading Operations. As of December 12, 2018, it owned and operated a fleet of vessels, including 43 very large crude carriers, 2 ULCCs, 26 Suezmax vessels, and 2 floating, storage, and offloading vessels, as well as 1 LR1s.

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Institutional Ownership by Quarter for Euronav (NYSE:EURN)

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