Larson Financial Group LLC Acquires New Stake in Capital Clean Energy Carriers Corp (NASDAQ:CCEC)

Larson Financial Group LLC acquired a new stake in Capital Clean Energy Carriers Corp (NASDAQ:CCEC) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 2,214 shares of the company’s stock, valued at approximately $41,000.

Separately, RBF Capital LLC purchased a new position in Capital Clean Energy Carriers in the third quarter valued at approximately $195,000.

Analysts Set New Price Targets

Several equities analysts recently commented on CCEC shares. Fearnley Fonds downgraded Capital Clean Energy Carriers from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 17th. Raymond James assumed coverage on Capital Clean Energy Carriers in a research report on Friday, January 24th. They set an “outperform” rating and a $26.00 target price on the stock.

Capital Clean Energy Carriers Trading Up 1.7 %

NASDAQ:CCEC opened at $19.60 on Friday. The company has a market cap of $1.14 billion, a P/E ratio of 7.66 and a beta of 0.77. The stock’s fifty day moving average price is $18.68 and its two-hundred day moving average price is $18.50. Capital Clean Energy Carriers Corp has a 1 year low of $14.45 and a 1 year high of $20.26. The company has a debt-to-equity ratio of 1.82, a current ratio of 1.80 and a quick ratio of 1.78.

Capital Clean Energy Carriers (NASDAQ:CCEC) last posted its earnings results on Thursday, February 6th. The company reported $0.36 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.36. Capital Clean Energy Carriers had a return on equity of 9.76% and a net margin of 46.85%. As a group, analysts expect that Capital Clean Energy Carriers Corp will post 1.66 EPS for the current year.

Capital Clean Energy Carriers Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 12th. Stockholders of record on Thursday, February 6th were issued a $0.15 dividend. The ex-dividend date of this dividend was Thursday, February 6th. This represents a $0.60 annualized dividend and a dividend yield of 3.06%. Capital Clean Energy Carriers’s payout ratio is currently 23.44%.

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.