Published: Tue, October 17, 2017
Business | By Kate Woods

How Many Teekay Corporation (NYSE:TK)'s Analysts Are Bullish?

How Many Teekay Corporation (NYSE:TK)'s Analysts Are Bullish?

Teekay Corporation had a negative return on equity of 2.82% and a negative net margin of 5.66%. About 878,917 shares traded.

TRADEMARK VIOLATION WARNING: "Stifel Nicolaus Reaffirms Hold Rating for Teekay LNG Partners L.P. (TGP)" was first reported by BBNS and is the sole property of of BBNS. It has underperformed by 60.53% the S&P500. Jane Street Group LLC purchased a new stake in shares of Teekay Corporation in the 1st quarter valued at $166,000.

On the other hand the company has Relative Strength Index (RSI 14) of 62.21 along with Average True Range (ATR 14) of 0.1, Consequently Teekay Offshore Partners LP (NYSE:TOO)'s weekly and monthly volatility is 2.85%, 4.34% respectively. Teekay Offshore Partners LP now has $407.72M valuation. The stock decreased 0.81% or $0.15 on October 13, reaching $18.3. About 51,851 shares traded. Blackstone Group LP (NYSE:BX) has risen 20.49% since October 16, 2016 and is uptrending. It has outperformed by 17.62% the S&P500.

Investors sentiment decreased to 0.69 in Q2 2017. It dropped, as 35 investors sold BX shares while 129 reduced holdings. 7 funds opened positions while 20 raised stakes. 283.35 million shares or 0.22% more from 282.74 million shares in 2017Q1 were reported. Investors Asset Management Of Georgia Inc Ga Adv owns 155,871 shares or 9.16% of their U.S. portfolio. Susquehanna Intl Grp Inc Llp invested in 0% or 165,989 shares. Janney Cap Management Limited Liability invested 0.01% of its portfolio in Blackstone Group LP (NYSE:BX).

Fidelity National Financial Inc. holds 25.41% of its portfolio in Fidelity National Information Servcs Inc for 1.30 million shares. Ig Inv has invested 0% of its portfolio in Blackstone Group LP (NYSE:BX). It also reduced Qualcomm Inc (NASDAQ:QCOM) stake by 5,914 shares and now owns 144,804 shares. The stock decreased 1.50% or $2.01 on October 13, reaching $131.65. Raymond James Associate owns 544,064 shares. Peak6 Investments Ltd Partnership reported 27,616 shares.

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Among 18 analysts covering The Blackstone Group L.P. On a consensus basis, analysts have a Buy/Sell rating of 2.30, which is based on a 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

12/23/2013 - Teekay Offshore Partners L.P. was upgraded to "overweight" by analysts at JP Morgan. Moreover, Cantillon Capital Management Llc has 5.75% invested in the company for 5.40 million shares. The rating was maintained by Deutsche Bank on Thursday, June 16 with "Hold". The firm earned "Accumulate" rating on Tuesday, August 4 by Global Hunter Securities. On Thursday, December 17 the stock rating was initiated by Sterne Agee CRT with "Neutral". The stock of Teekay Offshore Partners L.P. (NYSE:TOO) earned "Market Perform" rating by Raymond James on Friday, July 28. Stifel Nicolaus maintained it with "Hold" rating and $16.0 target in Thursday, October 12 report. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company's stock.

Golar LNG Limited pays an annual dividend of $0.20 per share and has a dividend yield of 1.0%. Finley John G sold $650,600 worth of stock.

Eagle Global Advisors Llc decreased Navios Maritime Midstream Lp (NYSE:NAP) stake by 56,200 shares to 494,000 valued at $4.62M in 2017Q2. It also reduced Pfizer Inc (NYSE:PFE) stake by 17,685 shares and now owns 58,121 shares.

Teekay Offshore Partners L.P.is a provider of marine transportation, oil production, storage, long-distance towing and offshore installation and maintenance and safety services to the offshore oil industry in North Sea, Brazil and the East Coast of Canada. The stock exchanged hands 1.38 Million shares versus average trading capacity of 1.08 Million shares, yielding a market cap of $411.02 Million. The Business's vessels primarily operate under long-term, fixed-rate charters with energy and utility companies, and Teekay Corporation. It has a 47.67 P/E ratio. The Company's divisions include shuttle tanker segment, FPSO segment, FSO segment, conventional tanker segment, towage segment and UMS segment.

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Jefferies Group LLC reaffirmed their hold rating on shares of Teekay Corporation (NYSE:TK) in a research report sent to investors on Thursday morning.

According to analysts Teekay Offshore Partners LP (NYSE:TOO)'s minimum EPS for the current quarter is at $0 and can go high up to $0.08. RBC Capital Markets has "Sell" rating and $11500 target. RBC Capital Markets maintained the stock with "Sector Perform" rating in Thursday, August 13 report. The firm has "Underperform" rating by Bank of America given on Thursday, December 17. Past 5 years growth of Teekay Offshore Partners LP (NYSE:TOO) observed at -23.34%, looking forward for the next 5 years it has a strong prediction of 6% over growth.

Among 7 analysts covering Teekay LNG Partners L.P.

Teekay Corporation (NYSE:TK) last posted its quarterly earnings results on Thursday, August 3rd.

12/17/2015 - Teekay Offshore Partners L.P. was downgraded to "neutral" by analysts at Seaport Global Securities. On Monday, June 20 the stock rating was maintained by UBS with "Buy".

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