As Gaslog LTD (GLOG) Market Value Declined, Eagle Global Advisors LLC Decreased by $8.44 Million Its Position

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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 3.97M shares of the marine transportation company at the end of 2019Q2, valued at $69.23 million, 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 $1.15B 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 Oneok Inc New (NYSE:OKE) by 401,985 shares to 2.57 million shares, valued at $142.61M 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 1.94 million shares, and has risen its stake in Antero Midstream Gp Lp.

Analysts await GasLog Ltd. (NYSE:GLOG) to report earnings on November, 7. They expect $0.09 earnings per share, 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 earnings per share 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: “LNG Is King: Buy GasLog Ltd. – Seeking Alpha” on July 31, 2019, also Benzinga.com with their article: “Benzinga’s Top Upgrades, Downgrades For June 25, 2019 – Benzinga” published on June 25, 2019, Seekingalpha.com published: “GasLog: A Growing Tanker Company In A Strong Industry – Seeking Alpha” on September 27, 2018. More interesting news about GasLog Ltd. (NYSE:GLOG) were released by: Globenewswire.com and their article: “GasLog Ltd. Announces Landmark 12-Year Charter With JERA for Existing Uncommitted Newbuild Vessel HN 2274 – GlobeNewswire” published on March 28, 2019 as well as 247Wallst.com‘s news article titled: “Top Analyst Upgrades and Downgrades: Caesars, Chipotle, Host Hotels, Kellogg, McDonald’s, Shopify, Starbucks, Tiffany and More – 24/7 Wall St.” with publication date: June 25, 2019.

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