Silver Capital Management Exits Position in Capital Product Partners L.P. (CPLP)

Capital Product Partners L.P. (CPLP) : Silver Capital Management has sold out all of its stake in Capital Product Partners L.P. during the most recent quarter, according to the disclosure filed by the company on Aug 3, 2016 with the SEC. The investment management company has sold out 33,720 shares of Capital Product Partners L.P. which is valued at $118,020.

Other Hedge Funds, Including , Moisand Fitzgerald Tamayo sold out all of its stake in CPLP during the most recent quarter. The investment firm sold 2,232 shares of CPLP which is valued $7,812.Wedbush Securities Inc reduced its stake in CPLP by selling 8,759 shares or 25.77% in the most recent quarter. The Hedge Fund company now holds 25,231 shares of CPLP which is valued at $88,309. Capital Product Partners L.P. makes up approx 0.01% of Wedbush Securities Inc’s portfolio.Arrow Investment Advisors boosted its stake in CPLP in the latest quarter, The investment management firm added 110,560 additional shares and now holds a total of 219,142 shares of Capital Product Partners L.P. which is valued at $826,165. Capital Product Partners L.P. makes up approx 0.18% of Arrow Investment Advisors’s portfolio.Creative Planning boosted its stake in CPLP in the latest quarter, The investment management firm added 4,400 additional shares and now holds a total of 11,721 shares of Capital Product Partners L.P. which is valued at $34,811.Cutler Group Lp boosted its stake in CPLP in the latest quarter, The investment management firm added 16,141 additional shares and now holds a total of 16,168 shares of Capital Product Partners L.P. which is valued at $48,019.

Capital Product Partners L.P. opened for trading at $3.46 and hit $3.5399 on the upside on Monday, eventually ending the session at $3.48, with a gain of 0.58% or 0.02 points. The heightened volatility saw the trading volume jump to 6,01,590 shares. Company has a market cap of $428 M.

Many Wall Street Analysts have commented on Capital Product Partners L.P.. Company shares were Reiterated by Deutsche Bank on Aug 1, 2016 to “Hold”, Firm has raised the Price Target to $ 4 from a previous price target of $2.50 .

Capital Product Partners L.P. is an international owner of tanker container and drybulk vessels. As of December 31 2014 the Company’s fleet consisted of 30 vessels with 2.1 million deadweight tonnage (dwt) capacity including four Suezmax crude oil tankers 18 medium range (MR) tankers all of which are classed as International Maritime Organization (IMO) II/III vessels seven post-panamax container carrier vessels and one Capesize bulk carrier. Its vessels are capable of carrying a range of cargoes including crude oil refined oil products such as gasoline diesel fuel oil and jet fuel edible oils and certain chemicals such as ethanol as well as dry cargo and containerized goods. The Company provides marine transportation services under medium to long-term time charters or bareboat charters with various counterparties such as Maersk Line BP Shipping Limited Overseas Shipholding Group Inc. Engen Petroleum Ltd. Repsol Trading S.A. and SUBTEC S.A. de C.V.

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