21 May, 2017
The institutional investor owned 29,973 shares of the shipping company's stock after buying an additional 7,178 shares during the period.
Some buy side analysts are also providing their Analysis on Teekay Offshore Partners LP, where 1 analysts have rated the stock as Strong buy, 2 analysts have given a Buy signal, 3 said it's a HOLD, 0 reported it as Underperform and 0 analysts rated the stock as Sell. Credit Suisse AG now owns 563,872 shares of the shipping company's stock valued at $9,896,000 after buying an additional 334,589 shares in the last quarter. HighTower Advisors LLC bought a new stake in shares of Teekay LNG Partners L.P. during the first quarter valued at $676,000. FMR LLC now owns 13,278,697 shares of the shipping company's stock worth $67,190,000 after buying an additional 1,808,014 shares in the last quarter. Credit Suisse AG raised its stake in Teekay LNG Partners L.P.by 145.9% in the first quarter. Bank of America Corp DE now owns 69,071 shares of the shipping company's stock worth $1,212,000 after buying an additional 39,781 shares during the last quarter. Luminus Management LLC acquired a new position in shares of Teekay Offshore Partners L.P. during the fourth quarter worth about $6,813,000. Finally, Guggenheim Capital LLC boosted its stake in Teekay Offshore Partners L.P.by 257.2% in the fourth quarter. The overall volume in the last trading session was 6,162,911 shares, versus the average volume of 566,056.00 shares. The average volume of a stock suggests the liquidity of a particular company.
11/21/2014 - Teekay LNG Partners L.P. had its "neutral" rating reiterated by analysts at Citigroup. (NYSE:TGP) traded up 0.32% on Friday, hitting $15.90.
If you look at the company's income statement over the past years, you will see that the company is constantly posting gross profit: In 2014, TOO earned gross profit of 523.7 Million, in 2015 701.18 Million gross profit, while in 2016 Teekay Offshore Partners LP (TOO) produced 631.71 Million profit. The stock has a 50 day moving average price of $5.08 and a 200 day moving average price of $5.33.
Teekay Offshore Partners L.P. has a 1-year low of $3.55 and a 1-year high of $6.69.
Teekay LNG Partners L.P. had a return on equity of 10.44% and a net margin of 33.35%. (NYSE:TOO) posted its quarterly earnings data on Thursday. The company reported the earnings of $0.1/Share in the last quarter where the estimated EPS by analysts was $0.11/share.
10/03/2014 - Teekay LNG Partners L.P. was downgraded to "market perform" by analysts at Raymond James.
The company's expected revenue in the current quarter to be 274.01 Million, seeing a projected current quarter growth of -18.2%, and per annum growth estimates over the next 5 year period of around 6%. During the same period previous year, the business earned $0.41 EPS. Morgan Stanley now owns 2,656,007 shares of the shipping company's stock worth $40,186,000 after buying an additional 611,989 shares during the last quarter.
The company also recently announced a quarterly dividend, which was paid on Friday, May 12th. Shareholders of record on Friday, May 5th were paid a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 3.53%. The ex-dividend date was Wednesday, May 3rd. Teekay LNG Partners L.P.'s payout ratio is 35.44%.
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Several analysts recently commented on TGP shares. Creative Planning increased its stake in shares of Teekay LNG Partners L.P.by 17.4% in the first quarter. The stock presently has an average rating of "Hold" and an average price target of $16.30.
Teekay LNG Partners L.P.is an global provider of marine transportation services for liquefied natural gas (LNG), liquefied petroleum gas (LPG) and crude oil.
