Barclays PLC grew its stake in Teekay Co. (NYSE:TK - Free Report) by 267.9% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 80,046 shares of the shipping company's stock after purchasing an additional 58,290 shares during the quarter. Barclays PLC owned approximately 0.09% of Teekay worth $736,000 at the end of the most recent reporting period.
Several other institutional investors have also bought and sold shares of the stock. Renaissance Technologies LLC lifted its holdings in Teekay by 19.2% during the second quarter. Renaissance Technologies LLC now owns 4,026,075 shares of the shipping company's stock worth $36,114,000 after acquiring an additional 649,900 shares during the period. American Century Companies Inc. boosted its stake in Teekay by 27.2% in the second quarter. American Century Companies Inc. now owns 1,546,328 shares of the shipping company's stock valued at $13,871,000 after acquiring an additional 331,002 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Teekay by 3.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 5,527,077 shares of the shipping company's stock worth $49,579,000 after purchasing an additional 176,641 shares during the last quarter. Cubist Systematic Strategies LLC raised its holdings in shares of Teekay by 26.2% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 358,685 shares of the shipping company's stock worth $3,217,000 after purchasing an additional 74,461 shares during the period. Finally, PEAK6 Investments LLC lifted its stake in Teekay by 704.1% in the third quarter. PEAK6 Investments LLC now owns 55,253 shares of the shipping company's stock valued at $508,000 after purchasing an additional 64,399 shares during the last quarter. Institutional investors own 46.73% of the company's stock.
Teekay Stock Performance
NYSE:TK traded down $0.29 during trading hours on Thursday, reaching $7.51. The stock had a trading volume of 1,222,301 shares, compared to its average volume of 816,120. Teekay Co. has a 12-month low of $5.98 and a 12-month high of $9.95. The stock has a 50 day simple moving average of $7.15 and a 200 day simple moving average of $7.95. The stock has a market cap of $689.53 million, a P/E ratio of 5.01 and a beta of 0.54.
Teekay Dividend Announcement
The firm also recently disclosed a -- dividend, which was paid on Wednesday, December 18th. Investors of record on Wednesday, December 4th were issued a $1.00 dividend. The ex-dividend date of this dividend was Wednesday, December 4th. Teekay's dividend payout ratio (DPR) is presently 16.67%.
Teekay Profile
(
Free Report)
Teekay Corporation engages in the international crude oil and other marine transportation services worldwide. The company owns and operates crude oil and refined product tankers. It also provides ship-to-ship support services; tanker commercial management operation services; and operational and maintenance marine services.
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