Strs Ohio purchased a new stake in Teekay Corporation Ltd. (NYSE:TK - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 77,800 shares of the shipping company's stock, valued at approximately $511,000. Strs Ohio owned approximately 0.08% of Teekay as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently modified their holdings of the business. Jane Street Group LLC increased its stake in shares of Teekay by 82.3% in the 1st quarter. Jane Street Group LLC now owns 160,068 shares of the shipping company's stock valued at $1,052,000 after purchasing an additional 72,240 shares in the last quarter. Empowered Funds LLC boosted its holdings in Teekay by 2.1% in the 1st quarter. Empowered Funds LLC now owns 728,232 shares of the shipping company's stock worth $4,784,000 after buying an additional 14,641 shares during the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in Teekay in the 1st quarter worth about $267,000. Millennium Management LLC boosted its holdings in Teekay by 153.8% in the 1st quarter. Millennium Management LLC now owns 1,188,289 shares of the shipping company's stock worth $7,807,000 after buying an additional 720,093 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Teekay by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 32,460 shares of the shipping company's stock worth $213,000 after buying an additional 1,404 shares during the last quarter. Hedge funds and other institutional investors own 46.73% of the company's stock.
Teekay Price Performance
TK stock traded up $0.03 during trading on Monday, hitting $8.60. The stock had a trading volume of 392,183 shares, compared to its average volume of 458,431. Teekay Corporation Ltd. has a twelve month low of $5.65 and a twelve month high of $9.78. The stock has a market capitalization of $789.82 million, a P/E ratio of 6.10 and a beta of 0.49. The company's 50-day moving average price is $7.92 and its two-hundred day moving average price is $7.67.
About Teekay
(
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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