Hartree Partners LP purchased a new stake in Teekay Co. (NYSE:TK - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 40,800 shares of the shipping company's stock, valued at approximately $283,000.
Other institutional investors also recently modified their holdings of the company. R Squared Ltd acquired a new position in shares of Teekay during the 4th quarter worth approximately $27,000. New Age Alpha Advisors LLC acquired a new position in Teekay during the fourth quarter worth $56,000. New York State Common Retirement Fund raised its position in Teekay by 53.4% during the fourth quarter. New York State Common Retirement Fund now owns 8,623 shares of the shipping company's stock worth $60,000 after acquiring an additional 3,000 shares in the last quarter. Denali Advisors LLC acquired a new stake in Teekay in the fourth quarter valued at $70,000. Finally, DAVENPORT & Co LLC bought a new position in shares of Teekay during the fourth quarter worth approximately $80,000. 46.73% of the stock is currently owned by institutional investors.
Teekay Price Performance
NYSE TK traded down $0.09 on Thursday, reaching $6.45. The stock had a trading volume of 303,622 shares, compared to its average volume of 672,229. Teekay Co. has a 1-year low of $5.98 and a 1-year high of $9.95. The company has a market cap of $592.34 million, a P/E ratio of 4.57 and a beta of 0.56. The firm has a fifty day moving average of $6.80 and a two-hundred day moving average of $7.44.
Teekay (NYSE:TK - Get Free Report) last released its quarterly earnings results on Wednesday, February 19th. The shipping company reported $0.19 EPS for the quarter. Teekay had a net margin of 10.96% and a return on equity of 5.67%. The business had revenue of $161.63 million for the quarter.
Teekay Company 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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