Teekay LNG Partners LP

Lloyd Doyle
November 15, 2017

As of the end of the quarter Wells Fargo & Company/mn had sold 1,100 shares trimming its holdings by 40.1%. The Company, through its branches, offers a range of commercial and consumer loans and deposits, as well as ancillary financial services. The P/E ratio is now 4.07 and market capitalization is 984.11M.

For the Current Quarter, the growth estimate for Teekay Offshore Partners LP is 140%, while for the Next Quarter the stock growth estimate is -20%. About 436,308 shares traded or 66.36% up from the average. ValuEngine cut shares of Teekay LNG Partners L.P. from a "strong-buy" rating to a "buy" rating in a report on Friday, July 28th. It has underperformed by 60.53% the S&P500. Autozone Inc (NYSE:AZO) was raised too. Fox Run Management L.L.C. acquired a new stake in Teekay LNG Partners L.P. during the third quarter valued at approximately $200,000. Oak Hill Capital Management Llc owns 2.48 million shares or 27.13% of their USA portfolio. The New York-based Oak Hill Advisors Lp has invested 12.22% in the stock. Dalton Investments Llc, a California-based fund reported 491,700 shares.#img1#. Trading volume was up 162.15% over the stocks average daily volume. It has outperformed by 9.74% the S&P500. Five research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. The lowest target is $42.0 while the high is $46.0. Earnings surprises can have a huge impact on a company's stock price. CBF was included in 3 notes of analysts from October 21, 2016. The Stifel Financial Corp holds 21,715 shares with $334,000 value, down from 285,815 last quarter.

The stock is now showing YTD performance of -50.79 Percent. - Ordinary Shares (NASDAQ:CNIT) for 16,552 shares.

The company reported its EPS on 9/29/2017. TGP's profit will be $25.42M for 14.06 P/E if the $0.32 EPS becomes a reality. Jefferies Group analyst R. Giveans now forecasts that the shipping company will post earnings per share of $0.32 for the quarter, down from their prior estimate of $0.33.

Teekay LNG Partners L.P. (NYSE:TGP) had its price objective reduced by UBS AG from $26.00 to $24.00 in a research report released on Friday morning, www.benzinga.com reports. This represents a $0.56 annualized dividend and a yield of 3.17%. CNH Partners LLC boosted its holdings in Teekay LNG Partners L.P.by 1.0% in the 2nd quarter.

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. It has a market cap of $380.1 Million. It has a 3.96 P/E ratio. 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.

Investors sentiment decreased to 0.75 in Q2 2017. Its down 0.59, from 1.28 in 2017Q1. Zacks Investment Research downgraded Teekay LNG Partners L.P. from a hold rating to a strong sell rating in a research note on Friday, July 28th.

These funds have shifted positions in (TOO). Raymond James Finance Svcs Advsr Incorporated reported 317,343 shares. Teekay LNG Partners L.P. 30,641 are owned by Barclays Public Limited Company. Stifel Nicolaus restated a hold rating and issued a $16.00 price target on shares of Teekay LNG Partners L.P.in a research note on Friday, October 13th. It is down 9.88% since November 13, 2016 and is uptrending. 86,305 were reported by Susquehanna Intl Group Inc Llp. Berson Corrado Investment Limited Liability Co holds 651,369 shares. LLC boosted its stake in Teekay LNG Partners L.P.by 16.2% in the second quarter. Obermeyer Wood Inv Counsel Lllp holds 0% or 10,964 shares in its portfolio.

On the other hand Teekay Offshore Partners LP (NYSE:TOO) has Relative Strength Index (RSI 14) of 41.12 along with Average True Range (ATR 14) of 0.11. - Ordinary Shares (CNIT) has $62.36 million valuation.

Several other equities analysts have also weighed in on the company. Therefore 43% are positive.

Many analysts have provided their estimated foresights on Teekay Offshore Partners LP Earnings, with 3 analysts believing the company would generate an Average Estimate of $0.12. The firm earned "Equal-Weight" rating on Tuesday, April 19 by Morgan Stanley. Global Hunter Securities has "Accumulate" rating and $23 target. RBC Capital Markets maintained the stock with "Sector Perform" rating in Thursday, August 13 report. The rating was downgraded by Citigroup on Friday, August 7 to "Neutral". The stock has "Neutral" rating by Seaport Global Securities on Thursday, December 17.

TRADEMARK VIOLATION WARNING: "Teekay LNG Partners L.P. (TGP) Price Target Lowered to $24.00 at UBS AG" was published by BBNS and is owned by of BBNS. The company was maintained on Thursday, August 13 by RBC Capital Markets. UBS AG now has a buy rating on the shipping company's stock.

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