Jump Financial LLC Lowers Stake in Seanergy Maritime Holdings Corp $SHIP

Jump Financial LLC lowered its position in shares of Seanergy Maritime Holdings Corp (NASDAQ:SHIP) by 36.3% during the 1st quarter, Holdings Channel.com reports. The firm owned 11,324 shares of the shipping company’s stock after selling 6,447 shares during the period. Jump Financial LLC’s holdings in Seanergy Maritime were worth $72,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Jane Street Group LLC purchased a new position in Seanergy Maritime during the fourth quarter valued at approximately $104,000. Cambridge Investment Research Advisors Inc. purchased a new position in Seanergy Maritime during the first quarter valued at approximately $129,000. Mackenzie Financial Corp lifted its holdings in Seanergy Maritime by 153.9% during the fourth quarter. Mackenzie Financial Corp now owns 29,206 shares of the shipping company’s stock valued at $203,000 after purchasing an additional 17,704 shares in the last quarter. Cetera Investment Advisers purchased a new position in Seanergy Maritime during the fourth quarter valued at approximately $207,000. Finally, PharVision Advisers LLC purchased a new position in Seanergy Maritime during the fourth quarter valued at approximately $227,000. Hedge funds and other institutional investors own 29.36% of the company’s stock.

Seanergy Maritime Price Performance

Shares of NASDAQ:SHIP opened at $7.99 on Friday. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.39 and a quick ratio of 0.37. Seanergy Maritime Holdings Corp has a 1-year low of $4.78 and a 1-year high of $12.65. The company has a market capitalization of $166.99 million, a P/E ratio of 10.95 and a beta of 0.74. The firm’s 50 day simple moving average is $7.17 and its two-hundred day simple moving average is $6.61.

Seanergy Maritime Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 10th. Shareholders of record on Monday, September 29th will be issued a dividend of $0.05 per share. The ex-dividend date of this dividend is Monday, September 29th. This represents a $0.20 annualized dividend and a yield of 2.5%. Seanergy Maritime’s payout ratio is currently 27.40%.

Seanergy Maritime Company Profile

Seanergy Maritime Holdings Corp., a shipping company, provides seaborne transportation of dry bulk commodities worldwide. It operates a fleet of 16 Capesize dry bulk vessels and one Newcastlemax dry bulk vessel with a cargo-carrying capacity of approximately 3,054,820 dwt. The company was formerly known as Seanergy Merger Corp.