Teekay Offshore Partners LP's (NYSE:TOO) Sentiment is 1.27

Berson & Corrado Investment Advisors Llc holds 2.03% of its portfolio in Teekay Offshore Partners L.P. for 647,975 shares. The stock of Teekay Offshore Partners L.P. (NYSE:TOO) has "Neutral" rating given on Thursday, December 17 by Seaport Global Securities.

Advisors Asset Management Inc. decreased its stake in shares of KNOT Offshore Partners LP (NYSE:KNOP) by 73.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company. Volume was down 75.44% under the stocks average daily volume. KNOT Offshore Partners has a 52-week low of $18.41 and a 52-week high of $24.67. This represents a $2.08 dividend on an annualized basis and a dividend yield of 8.91%.

About 127,962 shares traded.

The company is trading unchanged from yesterday's close of 16.95. The company has a 50 day moving average of $23.12 and a 200-day moving average of $22.77. KNOT Offshore Partners's payout ratio is 87.03%. Two analysts have provided estimates for KNOT Offshore Partners' earnings, with the lowest sales estimate coming in at $56.20 million and the highest estimate coming in at $58.40 million. For the next fiscal year, analysts anticipate that the firm will post sales of $255.24 million per share, with estimates ranging from $249.48 million to $261.00 million. The company had revenue of $99.91 million for the quarter, compared to analyst estimates of $103.31 million. During the same period in the prior year, the firm posted $0.22 EPS. The shipping company reported $0.20 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.32 by $0.12. If you are accessing this news story on another publication, it was illegally stolen and republished in violation of United States and worldwide copyright and trademark laws. The correct version of this report can be accessed at https://stocknewstimes.com/2017/09/08/teekay-offshore-partners-l-p-too-upgraded-to-hold-by-valuengine.html. As per Friday, August 7, the company rating was downgraded by Citigroup. With short interest at 813,081 and short average daily volume at 292,902, days to cover is 3.0 and the percentage of shorted shares is 0.01% as of August 15. (NYSE:TGP) last issued its earnings results on Thursday, August 3rd.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, August 15th.

Teekay LNG Partners L.P. had a net margin of 38.28% and a return on equity of 6.12%. Hedge funds and other institutional investors own 50.14% of the company's stock. KCG Holdings Inc. bought a new position in shares of KNOT Offshore Partners in the first quarter worth approximately $223,000. BidaskClub upgraded shares of Teekay LNG Partners L.P. from a "strong sell" rating to a "sell" rating in a research note on Friday, June 30th. Wells Fargo & Company MN now owns 25,845 shares of the shipping company's stock worth $603,000 after buying an additional 1,320 shares during the period. Royal Bank of Canada lifted its stake in shares of KNOT Offshore Partners by 4.8% in the second quarter. Finally, California Public Employees Retirement System increased its stake in KNOT Offshore Partners by 1.6% during the first quarter. Finally, Avenir Corp raised its holdings in shares of Teekay Offshore Partners L.P.by 7.7% in the first quarter. Credit Suisse AG now owns 563,872 shares of the shipping company's stock valued at $9,896,000 after purchasing an additional 334,589 shares in the last quarter.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in KNOP.

Teekay LNG Partners L.P.is an worldwide provider of marine transportation services for liquefied natural gas (LNG), liquefied petroleum gas (LPG) and crude oil. The Company operates shuttle tankers; towage vessels; floating, production, storage and off-loading (FPSO) units; floating storage and off-take (FSO) units; units for maintenance and safety (UMS); long-distance towing and offshore installation vessels, and conventional crude oil tankers.