Gaslog LTD (GLOG) Shareholder Eagle Global Advisors LLC Has Decreased Position as Market Value Declined

GasLog Ltd. (NYSE:GLOG) Logo

Eagle Global Advisors Llc decreased its stake in Gaslog Ltd (GLOG) by 11.12% based on its latest 2019Q2 regulatory filing with the SEC. Eagle Global Advisors Llc sold 496,374 shares as the company’s stock declined 10.04% . The hedge fund held 3.97 million shares of the marine transportation company at the end of 2019Q2, valued at $69.23M, down from 4.46 million at the end of the previous reported quarter. Eagle Global Advisors Llc who had been investing in Gaslog Ltd for a number of months, seems to be less bullish one the $1.15 billion market cap company. The stock increased 3.80% or $0.52 during the last trading session, reaching $14.19. About 771,300 shares traded or 106.28% up from the average. GasLog Ltd. (NYSE:GLOG) has declined 14.04% since October 12, 2018 and is downtrending. It has underperformed by 14.04% the S&P500.

Eagle Global Advisors Llc, which manages about $3.60 billion and $3.31B US Long portfolio, upped its stake in Antero Midstream Gp Lp by 438,211 shares to 2.03M shares, valued at $41.62 million in 2019Q2, according to the filing. It also increased its holding in Energy Transfer Partners Lp by 413,527 shares in the quarter, for a total of 1.94M shares, and has risen its stake in Enbridge Energy Management L (NYSE:EEQ).

Analysts await GasLog Ltd. (NYSE:GLOG) to report earnings on November, 7. They expect $0.09 EPS, down 18.18 % or $0.02 from last year’s $0.11 per share. GLOG’s profit will be $7.27 million for 39.42 P/E if the $0.09 EPS becomes a reality. After $0.03 actual EPS reported by GasLog Ltd. for the previous quarter, Wall Street now forecasts 200.00 % EPS growth.

More notable recent GasLog Ltd. (NYSE:GLOG) news were published by: Seekingalpha.com which released: “GasLog: Results Show LNG Story Playing Out – Seeking Alpha” on April 02, 2019, also Globenewswire.com with their article: “GasLog Ltd. Announces Date for First-Quarter 2019 Results, Conference Call and Webcast – GlobeNewswire” published on April 18, 2019, Seekingalpha.com published: “Why GasLog Is So Very Different From Gazprom – Seeking Alpha” on November 27, 2018. More interesting news about GasLog Ltd. (NYSE:GLOG) were released by: Finance.Yahoo.com and their article: “Is GasLog Ltd (GLOG) A Good Stock To Buy? – Yahoo Finance” published on May 02, 2019 as well as Seekingalpha.com‘s news article titled: “LNG Shipping Sector – Drop With Low Volume – Seeking Alpha” with publication date: February 27, 2019.

GasLog Ltd. (NYSE:GLOG) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.