Fintel reports that on August 9, 2023, Jefferies reiterated coverage of DHT Holdings (NYSE:DHT) with a Hold recommendation.
Analyst Price Forecast Suggests 31.43% Upside
As of August 2, 2023, the average one-year price target for DHT Holdings is 12.80. The forecasts range from a low of 10.10 to a high of $17.85. The average price target represents an increase of 31.43% from its latest reported closing price of 9.74.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for DHT Holdings is 387MM, a decrease of 33.56%. The projected annual non-GAAP EPS is 1.04.
What is the Fund Sentiment?
There are 394 funds or institutions reporting positions in DHT Holdings. This is an increase of 27 owner(s) or 7.36% in the last quarter. Average portfolio weight of all funds dedicated to DHT is 0.20%, an increase of 10.24%. Total shares owned by institutions increased in the last three months by 3.47% to 120,982K shares. 
The put/call ratio of DHT is 0.72, indicating a bullish outlook.
What are Other Shareholders Doing?
FWATX - Fidelity Advisor Multi-Asset Income Fund holds 5,552K shares representing 3.41% ownership of the company. In it's prior filing, the firm reported owning 5,646K shares, representing a decrease of 1.68%. The firm increased its portfolio allocation in DHT by 6.98% over the last quarter.
Millennium Management holds 4,505K shares representing 2.76% ownership of the company. In it's prior filing, the firm reported owning 4,523K shares, representing a decrease of 0.40%. The firm increased its portfolio allocation in DHT by 25.67% over the last quarter.
Goldman Sachs Group holds 4,464K shares representing 2.74% ownership of the company. In it's prior filing, the firm reported owning 3,388K shares, representing an increase of 24.09%. The firm increased its portfolio allocation in DHT by 52.95% over the last quarter.
DFSVX - U.s. Small Cap Value Portfolio - Institutional Class holds 4,207K shares representing 2.58% ownership of the company. No change in the last quarter.
Hosking Partners LLP holds 3,930K shares representing 2.41% ownership of the company. In it's prior filing, the firm reported owning 3,608K shares, representing an increase of 8.19%. The firm decreased its portfolio allocation in DHT by 21.68% over the last quarter.
DHT Holdings Background Information
(This description is provided by the company.)
DHT is an independent crude oil tanker company. Its fleet trades internationally and consists of crude oil tankers in the VLCC segment. It operates through its integrated management companies in Monaco, Singapore and Oslo, Norway. You shall recognize it by its business approach with an experienced organization with focus on first rate operations and customer service, quality ships built at quality shipyards, prudent capital structure with robust cash break even levels to accommodate staying power through the business cycles, a combination of market exposure and fixed income contracts for its fleet and a transparent corporate structure maintaining a high level of integrity and good governance.
Additional reading:
- DHT Holdings, Inc. Second Quarter 2023 Results
- DHT HOLDINGS, INC. ANNOUNCES THE RESULTS OF THE 2023 ANNUAL MEETING OF SHAREHOLDERS
- Important Notice of Internet Availability of Proxy Materials for the Shareholder Meeting of DHT HOLDINGS, INC. To Be Held On: June 15, 2023 COMPANY NUMBER ACCOUNT NUMBER CONTROL NUMBER This communication presents only an overview of the more complete
- D.F. King & Co. Inc. 48 Wall Street, 22nd Floor New York, NY 10005 Call Collect: (212) 269-5550 Toll Free: (800) 249-7120
- ANNUAL MEETING OF SHAREHOLDERS OF DHT HOLDINGS, INC. June 15, 2023 PROXY VOTING INSTRUCTIONS ONLINE - Access “www.voteproxy.com” and follow the on-screen instructions or scan the QR code with your smartphone. Have your proxy card available when you a
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
