Green Square Capital LLC raised its stake in shares of KNOT Offshore Partners LP (NYSE:KNOP) by 1.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 372,966 shares of the shipping company’s stock after purchasing an additional 6,554 shares during the quarter. KNOT Offshore Partners comprises 1.5% of Green Square Capital LLC’s holdings, making the stock its 8th biggest position. Green Square Capital LLC owned approximately 1.26% of KNOT Offshore Partners worth $8,560,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of KNOP. Wells Fargo & Company MN increased its stake in KNOT Offshore Partners by 5.4% during the 1st quarter. Wells Fargo & Company MN now owns 25,845 shares of the shipping company’s stock valued at $603,000 after purchasing an additional 1,320 shares in the last quarter. California Public Employees Retirement System increased its stake in KNOT Offshore Partners by 1.6% during the 1st quarter. California Public Employees Retirement System now owns 32,400 shares of the shipping company’s stock valued at $755,000 after purchasing an additional 500 shares in the last quarter. PNC Financial Services Group Inc. acquired a new position in KNOT Offshore Partners during the 1st quarter valued at approximately $215,000. Morgan Stanley increased its stake in KNOT Offshore Partners by 27.5% during the 1st quarter. Morgan Stanley now owns 274,451 shares of the shipping company’s stock valued at $6,394,000 after purchasing an additional 59,260 shares in the last quarter. Finally, Renaissance Technologies LLC increased its stake in KNOT Offshore Partners by 105.0% during the 1st quarter. Renaissance Technologies LLC now owns 180,500 shares of the shipping company’s stock valued at $4,206,000 after purchasing an additional 92,444 shares in the last quarter. Institutional investors and hedge funds own 50.14% of the company’s stock.

KNOT Offshore Partners LP (NYSE:KNOP) traded down 1.05% during mid-day trading on Friday, hitting $23.50. 16,829 shares of the stock traded hands. The company has a 50 day moving average of $23.30 and a 200-day moving average of $22.92. KNOT Offshore Partners LP has a 12-month low of $18.90 and a 12-month high of $24.67. The stock has a market cap of $710.92 million, a PE ratio of 10.69 and a beta of 0.77.

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A number of research analysts have issued reports on the stock. BidaskClub lowered shares of KNOT Offshore Partners from a “hold” rating to a “sell” rating in a research note on Tuesday. ValuEngine downgraded shares of KNOT Offshore Partners from a “strong-buy” rating to a “buy” rating in a report on Tuesday, September 26th. Finally, Zacks Investment Research downgraded shares of KNOT Offshore Partners from a “hold” rating to a “sell” rating in a report on Wednesday, July 19th.

KNOT Offshore Partners Company Profile

KNOT Offshore Partners LP (KNOT Offshore Partners or the Partnership), owns, operates and acquires shuttle tankers under long-term charters. The Partnership’s vessels in its fleet are chartered to Statoil ASA (Statoil), Petrobras Transporte SA (Transpetro), Repsol Sinopec Brasil, SA (Repsol), Royal Dutch Shell plc, ExxonMobil, and Eni Trading and Shipping S.p.A.

Institutional Ownership by Quarter for KNOT Offshore Partners (NYSE:KNOP)

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