Hoegh LNG Partners (HMLP) Given Daily Media Sentiment Rating of 0.14

Media stories about Hoegh LNG Partners (NASDAQ:HMLP) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Hoegh LNG Partners earned a news sentiment score of 0.14 on Accern’s scale. Accern also gave news stories about the shipping company an impact score of 45.1048024046834 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

These are some of the media headlines that may have effected Accern Sentiment’s rankings:

HMLP has been the subject of a number of research analyst reports. Citigroup Inc. lifted their price objective on shares of Hoegh LNG Partners from $21.00 to $22.00 and gave the company a “buy” rating in a report on Friday, August 25th. ValuEngine raised shares of Hoegh LNG Partners from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. TheStreet raised shares of Hoegh LNG Partners from a “d” rating to a “c+” rating in a report on Monday, August 7th. BidaskClub upgraded shares of Hoegh LNG Partners from a “sell” rating to a “hold” rating in a research report on Saturday, July 8th. Finally, Zacks Investment Research upgraded shares of Hoegh LNG Partners from a “sell” rating to a “hold” rating in a research report on Tuesday, August 15th. Two analysts have rated the stock with a sell rating and six have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $21.63.

Shares of Hoegh LNG Partners (HMLP) traded up 0.26% during midday trading on Friday, reaching $19.00. 41,740 shares of the company traded hands. Hoegh LNG Partners has a 12 month low of $17.05 and a 12 month high of $20.65. The company’s 50 day moving average is $18.81 and its 200-day moving average is $19.07. The stock has a market capitalization of $625.48 million and a price-to-earnings ratio of 9.33.

Hoegh LNG Partners (NASDAQ:HMLP) last announced its earnings results on Thursday, August 24th. The shipping company reported $0.32 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.08). The business had revenue of $35.02 million for the quarter, compared to the consensus estimate of $31.94 million. Hoegh LNG Partners had a return on equity of 13.48% and a net margin of 34.87%. Equities research analysts forecast that Hoegh LNG Partners will post $1.45 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, November 14th. Investors of record on Thursday, November 2nd will be issued a $0.43 dividend. This represents a $1.72 annualized dividend and a yield of 9.08%. The ex-dividend date is Wednesday, November 1st.

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About Hoegh LNG Partners

Hoegh LNG Partners LP owns, operates and acquires floating storage and regasification units (FSRUs), liquefied natural gas (LNG) carriers and other LNG infrastructure assets under long-term charters. The Company’s segments include Majority held FSRUs, Joint venture FSRUs and other. The Majority held FSRUs segment includes the direct financing lease related to the PT Perusahaan Gas Negara (Persero) Tbk (PGN) FSRU Lampung and the operating lease related to the Hoegh Gallant.

Insider Buying and Selling by Quarter for Hoegh LNG Partners (NASDAQ:HMLP)

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