Centiva Capital LP bought a new stake in shares of Teekay Co. (NYSE:TK - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 52,048 shares of the shipping company's stock, valued at approximately $361,000. Centiva Capital LP owned 0.06% of Teekay as of its most recent SEC filing.
Several other institutional investors and hedge funds have also modified their holdings of the stock. American Century Companies Inc. lifted its stake in Teekay by 9.9% in the fourth quarter. American Century Companies Inc. now owns 2,022,149 shares of the shipping company's stock valued at $14,013,000 after acquiring an additional 181,474 shares during the last quarter. Bridgeway Capital Management LLC raised its holdings in shares of Teekay by 1.9% during the 4th quarter. Bridgeway Capital Management LLC now owns 1,877,818 shares of the shipping company's stock valued at $13,013,000 after purchasing an additional 34,681 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Teekay by 47.9% during the 4th quarter. JPMorgan Chase & Co. now owns 1,043,479 shares of the shipping company's stock valued at $7,231,000 after purchasing an additional 338,105 shares in the last quarter. Empowered Funds LLC acquired a new stake in shares of Teekay in the 4th quarter valued at $4,945,000. Finally, Allspring Global Investments Holdings LLC boosted its holdings in Teekay by 25.4% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 474,428 shares of the shipping company's stock worth $3,333,000 after purchasing an additional 96,155 shares in the last quarter. 46.73% of the stock is currently owned by hedge funds and other institutional investors.
Teekay Trading Up 1.1%
NYSE TK traded up $0.09 during trading on Thursday, hitting $8.19. 950,955 shares of the company traded hands, compared to its average volume of 756,739. Teekay Co. has a 12 month low of $5.65 and a 12 month high of $9.95. The business has a fifty day simple moving average of $6.78 and a 200 day simple moving average of $7.02. The company has a market capitalization of $752.14 million, a P/E ratio of 5.81 and a beta of 0.37.
Teekay (NYSE:TK - Get Free Report) last issued its quarterly earnings data on Wednesday, February 19th. The shipping company reported $0.19 EPS for the quarter. Teekay had a return on equity of 5.67% and a net margin of 10.96%. The business had revenue of $161.63 million for the quarter.
Teekay Dividend Announcement
The company also recently declared a -- dividend, which will be paid on Wednesday, July 16th. Stockholders of record on Wednesday, July 2nd will be given a $1.00 dividend. The ex-dividend date is Wednesday, July 2nd. Teekay's dividend payout ratio is 17.73%.
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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