Hosking Partners LLP Takes Position in International Seaways Inc (INSW)

Hosking Partners LLP bought a new position in International Seaways Inc (NYSE:INSW) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 239,379 shares of the transportation company’s stock, valued at approximately $4,419,000. Hosking Partners LLP owned about 0.82% of International Seaways at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Schwab Charles Investment Management Inc. boosted its position in International Seaways by 85.9% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 54,098 shares of the transportation company’s stock valued at $1,173,000 after acquiring an additional 25,000 shares in the last quarter. Cubist Systematic Strategies LLC bought a new stake in International Seaways during the 3rd quarter valued at approximately $325,000. Northern Trust Corp boosted its position in International Seaways by 75.9% during the 2nd quarter. Northern Trust Corp now owns 326,540 shares of the transportation company’s stock valued at $7,077,000 after acquiring an additional 140,882 shares in the last quarter. Mackenzie Financial Corp boosted its position in International Seaways by 63.7% during the 3rd quarter. Mackenzie Financial Corp now owns 102,320 shares of the transportation company’s stock valued at $2,016,000 after acquiring an additional 39,820 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in International Seaways by 41.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 353,078 shares of the transportation company’s stock valued at $7,651,000 after acquiring an additional 103,544 shares in the last quarter. 82.99% of the stock is currently owned by institutional investors.

Several analysts have weighed in on the company. Zacks Investment Research cut International Seaways from a “hold” rating to a “sell” rating in a research report on Tuesday, January 16th. Pareto Securities began coverage on International Seaways in a research report on Tuesday, January 16th. They set a “buy” rating on the stock. Finally, ValuEngine lowered shares of International Seaways from a “hold” rating to a “sell” rating in a report on Friday, February 2nd.

International Seaways Inc (INSW) opened at $16.26 on Thursday. International Seaways Inc has a 1-year low of $15.23 and a 1-year high of $23.43. The stock has a market cap of $467.18, a P/E ratio of 29.20 and a beta of -1.08. The company has a current ratio of 3.78, a quick ratio of 3.74 and a debt-to-equity ratio of 0.44.

ILLEGAL ACTIVITY NOTICE: “Hosking Partners LLP Takes Position in International Seaways Inc (INSW)” was originally reported by StockNewsTimes and is the property of of StockNewsTimes. If you are viewing this article on another website, it was copied illegally and republished in violation of U.S. & international trademark & copyright laws. The legal version of this article can be accessed at https://stocknewstimes.com/2018/02/15/hosking-partners-llp-takes-position-in-international-seaways-inc-insw.html.

International Seaways Profile

International Seaways, Inc and its subsidiaries own and operate a fleet of oceangoing vessels. The Company’s oceangoing vessels engage in the transportation of crude oil and petroleum products in the International Flag trades. The Company’s segments are International Crude Tankers and International Product Carriers.

Want to see what other hedge funds are holding INSW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for International Seaways Inc (NYSE:INSW).

Institutional Ownership by Quarter for International Seaways (NYSE:INSW)

Receive News & Ratings for International Seaways Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for International Seaways and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply