Fox Run Management L.L.C. Has $547,000 Stock Position in SFL Co. Ltd. (NYSE:SFL)

Fox Run Management L.L.C. lifted its position in shares of SFL Co. Ltd. (NYSE:SFL) by 90.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 53,542 shares of the shipping company’s stock after purchasing an additional 25,453 shares during the quarter. Fox Run Management L.L.C.’s holdings in SFL were worth $547,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Signaturefd LLC lifted its position in SFL by 831.8% in the fourth quarter. Signaturefd LLC now owns 2,870 shares of the shipping company’s stock worth $29,000 after purchasing an additional 2,562 shares during the period. Blue Trust Inc. raised its stake in shares of SFL by 64.6% in the 4th quarter. Blue Trust Inc. now owns 3,257 shares of the shipping company’s stock valued at $33,000 after buying an additional 1,278 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of SFL by 41.9% during the 4th quarter. Jones Financial Companies Lllp now owns 3,220 shares of the shipping company’s stock worth $33,000 after acquiring an additional 950 shares during the period. Public Employees Retirement System of Ohio acquired a new stake in shares of SFL during the 3rd quarter valued at about $34,000. Finally, Quarry LP boosted its position in shares of SFL by 428.2% during the 3rd quarter. Quarry LP now owns 3,967 shares of the shipping company’s stock valued at $46,000 after acquiring an additional 3,216 shares in the last quarter. 28.59% of the stock is currently owned by institutional investors.

SFL Price Performance

NYSE:SFL opened at $8.22 on Tuesday. The company has a quick ratio of 0.50, a current ratio of 0.38 and a debt-to-equity ratio of 1.91. The firm has a market cap of $1.20 billion, a PE ratio of 8.13 and a beta of 0.67. SFL Co. Ltd. has a 12 month low of $8.06 and a 12 month high of $14.62. The company’s 50-day moving average price is $9.70 and its two-hundred day moving average price is $10.39.

SFL Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Wednesday, March 12th will be given a dividend of $0.27 per share. The ex-dividend date is Wednesday, March 12th. This represents a $1.08 dividend on an annualized basis and a yield of 13.15%. SFL’s dividend payout ratio (DPR) is presently 106.93%.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of SFL from a “hold” rating to a “sell” rating in a research note on Thursday, February 13th.

SFL Profile

SFL Corporation Ltd., a maritime and offshore asset owning and chartering company, engages in the ownership, operation, and chartering out of vessels and offshore related assets on medium and long-term charters. The company operates in various sectors of the maritime, and shipping and offshore industries, including oil transportation, dry bulk shipments, chemical transportation, oil products transportation, container transportation, car transportation, and drilling rigs.