Stock under Discussion: Teekay Offshore Partners LP (TOO)

The company's Average Revenue Estimate for the current quarter is $289.43 Million, while Low and High Revenue Estimates are $278.91 Million and $299.95 Million respectively. Federated Investors Inc who had been investing in Cinemark Holdings Inc for a number of months, seems to be bullish on the $3.95B market cap company. The median estimate represents a +2.30% increase from the last price of 19.55. Signature Bank (NASDAQ:SBNY) has risen 4.47% since January 11, 2017 and is uptrending. It has underperformed by 41.10% the S&P500.

Eagle Global Advisors Llc decreased Teekay Offshore Partners LP (TOO) stake by 20.15% reported in 2017Q3 SEC filing. Arrow Investment Advisors Llc bought 198,728 shares as the company's stock declined 38.73% while stock markets rallied.

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. The stock has a market capitalization of $1.16 Billion however its outstanding shares are 406.88 Million. The stock increased 4.94% or $0.49 during the last trading session, reaching $10.4. About 143,038 shares traded.

Among 7 analysts covering Teekay LNG Partners L.P. It has underperformed by 6.82% the S&P500. Therefore 33% are positive. Teekay Offshore had 16 analyst reports since August 4, 2015 according to SRatingsIntel. The stock has "Neutral" rating by Seaport Global Securities on Thursday, December 17. The rating was upgraded by RBC Capital Markets to "Outperform" on Thursday, August 18. The stock of Cinemark Holdings, Inc. The stock has "Neutral" rating by Citigroup on Friday, August 7. The company was initiated on Monday, December 18 by Jefferies. This means that the higher growth rate of GG implies a greater potential for capital appreciation over the years. ING Groep NV acquired a new position in shares of Teekay LNG Partners in the 3rd quarter worth $10,217,000. FBR Capital maintained it with "Buy" rating and $47.0 target in Monday, November 6 report. The firm has "Sell" rating by UBS given on Thursday, October 26.

Investors sentiment increased to 0.9 in Q3 2017. Its down 0.15, from 1.07 in 2017Q2. Peloton Wealth Strategists invested in 2.19% or 30,400 shares. California State Teachers Retirement Sys has 177,665 shares for 0.01% of their portfolio. (NYSE:CRM) for 9,140 shares. Lvw Ltd invested in 0.92% or 28,437 shares. It also reduced Philip Morris Intl Inc Com (NYSE:PM) stake by 5,260 shares and now owns 175,941 shares. (NYSE:CNK) for 52,480 shares. Finally, Stifel Nicolaus reissued a "hold" rating and set a $16.00 price target on shares of Teekay LNG Partners in a research report on Friday, October 13th. Ameritas Investment Prtn owns 3,000 shares for 0% of their portfolio. Columbia Asset Mngmt stated it has 0.23% in CVS Health Corporation (NYSE:CVS). Avenir holds 126,608 shares.

A large surprise factor in either direction typically can lead to a significant swing in the stock price in the hours and days after the report. Evergreen Mngmt Ltd Liability Corp holds 0.4% or 1.44 million shares in its portfolio. Citadel Advsrs Limited Liability Corp accumulated 55,945 shares. Its down 0.04, from 1.38 in 2017Q2. It is negative, as 60 investors sold CVS shares while 571 reduced holdings. 14 funds opened positions while 13 raised stakes.

However out of 5 analysts 3 suggest Teekay Offshore Partners LP (NYSE:TOO) a Strong Buy, 0 suggested Buy, 1 Hold and 1 Sell, while 0 analysts recommend the stock a Strong Sell. Moore Mgmt Ltd Partnership holds 555,000 shares. Commonwealth National Bank Of Australia holds 7,452 shares or 0.01% of its portfolio.

Media stories about Teekay LNG Partners (NYSE:TGP) have been trending somewhat positive recently, Accern Sentiment Analysis reports.

Teekay Offshore Partners LP (NYSE:TOO) has an ABR of 2.06 which is the combined stock view of 5 analysts poll results. Weiss Multi reported 1.34M shares stake. Pinnacle Ltd Co has invested 0.01% in Teekay Offshore Partners L.P. (NYSE:TOO).

Analysts await Teekay Offshore Partners L.P. (NYSE:TOO) to report earnings on February, 22. (NYSE:CRM). 2,605 were reported by Optimum Investment Advisors. The stock's Dividend Yield stands at 1.54%.

Teekay Offshore Partners 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. Average estimation for the current quarter has been provided by 4 analysts.

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