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

Related News:

  • Financial Advisory Group Holds Position in Baxter International Inc. (BAX)

    Financial Advisory Group Holds Position in Baxter International Inc. (BAX)

    The company holds a market cap of 37.29B with a P/E of 36.91 indicating whether its share price properly reflects its performance. Finally, IFM Investors Pty Ltd purchased a new position in Baxter International during the second quarter valued at $831,000.
    Vijayawada celebrates National Youth Day in style with Anil Kumble

    Vijayawada celebrates National Youth Day in style with Anil Kumble

    Union Minister for Culture (Independent Charge) Mahesh Sharma will be the guest of honour on the occasion. There was a lot of propaganda against India in the West that Swami Vivekananda proved false, the PM said.
    California attorney general lauds DACA ruling

    California attorney general lauds DACA ruling

    The clock is ticking. "It's hard to live your daily life, if you don't know if you're going to lose your status the next day". Every week, hundreds of DACA recipients are losing their status as the program winds down.
  • (NASDAQ:SBUX) Holdings Cut by IPG Investment Advisors LLC

    Walter & Keenan Fincl Consulting Company Mi Adv invested in 31,800 shares or 0.79% of the stock. (NYSE:HON) for 761,678 shares. It improved, as 36 investors sold ADSK shares while 132 reduced holdings. 99 funds opened positions while 465 raised stakes.
    Broadcaster Keith Jackson dies at 89

    Broadcaster Keith Jackson dies at 89

    The stadiums TV and radio booths were renamed "The Keith Jackson Broadcast Center" in 2005. Jackson was synonymous with the Rose Bowl as well as his catch phrase, " Whoa Nellie ".
    Bizenjo elected as new chief minister of Balochistan

    Bizenjo elected as new chief minister of Balochistan

    The crisis heightened with the resignations of several cabinet members and advisers to chief minister Zehri. Zehri stepped down last week after opposition benches filed a no-confidence motion against him.
  • Amazon's Alexa is coming to Toyota and Lexus cars

    Amazon's Alexa is coming to Toyota and Lexus cars

    The Vuzix Blade Augmented Reality Smart Glasses, as the company calls it, will set interested consumers back a hefty $1,000. With Alexa's entry to Windows 10 devices, the digital assistant now poses a greater threat to Siri and Google Assistant.
    Sex Offender Allowed To Finish College Before Continuing Sentence

    Sex Offender Allowed To Finish College Before Continuing Sentence

    Neurauter, 21, pleaded guilty to one count of sexual interference and was sentenced last week to 89 days in jail. Giving evidence, the girl said at one point Neurauter choked her before handing over a bra as a gift.

    How well is this stock performing?: Western Digital Corporation (NASDAQ:WDC)

    The data storage provider reported $3.56 earnings per share for the quarter, topping the consensus estimate of $3.01 by $0.55. The stock of Western Digital Corporation (NASDAQ:WDC) has "Buy" rating given on Tuesday, April 26 by BTIG Research.
  • Suu Kyi Says Rohingya Mass Grave Investigation 'Positive'

    Suu Kyi Says Rohingya Mass Grave Investigation 'Positive'

    National police spokesman Thet Naing said he was not aware of the murder complaint. Also, they have been long persecuted by the Buddhists and the security forces.

    Oh well: Trump is in excellent health, White House doctors confirm

    Meanwhile, Mr Trump is in excellent health after undergoing his first medical check-up as president, according to his doctor. Farris said that the comments were "another example of him (Trump) speaking without knowing the facts".
    Portland Metro Saturday Weather: Clear skies, sunny day after record high temps

    Portland Metro Saturday Weather: Clear skies, sunny day after record high temps

    Lows Saturday night and Sunday night fall into the teens along the coast, and single digits across the interior. THURSDAY NIGHT: Partly cloudy skies and cold temperatures continue, with a low temperature of 22 degrees.


Most liked

Kohli, Pujara slip in ICC Test rankings
Pujara's scores of 26 and four resulted in his total falling by 25 points, as he slipped from third to fifth. It feels great to be playing alongside these veterans", Rabada was quoted as saying by The Indian Express .

Dark Souls: Remastered is coming to several new platforms
Keep your eyes locked to TiX, and you may see some Dark Souls content in the leading up to the launch of Dark Souls : Remastered . Experience the rich world of Dark Souls in Dynamic 4K resolution when playing on a PS4 Pro , Xbox One X , and PC (Steam).

Spartak Moscow Condemned By Anti-Racism Groups For Offensive Twitter Post
Leonid Mironov, the club's youth-team captain, was last month charged with racist behaviour towards Liverpool's Rhian Brewster during a UEFA Youth League match.

Trump's 'shithole' comments stirred anger and condemnation, but not from everyone
Trump allegedly said after being presented with a proposal to restore protections for immigrants from the countries in question. The two men said they "do not recall the President saying those comments specifically" but also didn't deny he said them.

Paisley leads South African Open, Grace chasing hard
The tournament is the second oldest Open championship in the world having first been formally played in 1903. Grace , a South African, had a haywire front nine that included two eagles, two birdies and two bogeys.

Southwest Airlines (NYSE:LUV) Cut to "Hold" at ValuEngine
Peapack Gladstone Financial Corp raised its holdings in shares of Southwest Airlines by 2.5% during the 2nd quarter. A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock.

Outside View: Proposed Korea talks should unite allies
He has indicated he is open to many different options, including military strikes on North Korea's launch capabilities. But South Korea and the United States has maintained that the exercises were defensive in nature.

Dark Souls Remastered will feature 2K unconverted textures on the PC
The remaster is a complete rework of the game from the ground up in a new game engine and will be available for PS4, Xbox, PC, and Switch.

California mudslides kill at least 15 people and wreck wealthy suburbs
There were mixed reports about how many were still missing , with the number jumping from 17 to 48, according to Associated Press. Gary Pitney said the likelihood is increasing that rescue crews will be finding bodies instead of survivors at this point.

Investors Buy Shares of Freeport-McMoRan (FCX) on Weakness
FCX has conspicuous measure of stock oscillations; average true range may be heating up this temperature with value of 0.57. Old West Investment Management Llc sold 111,597 shares as the company's stock declined 21.33% while stock markets rallied.

Sentiment Report: Union Pacific Corp (NYSE:UNP)
With 3.80 million avg volume, 3 days are for Union Pacific Corporation (NYSE:UNP)'s short sellers to cover UNP's short positions. The firm owned 3,842 shares of the railroad operator's stock after purchasing an additional 450 shares during the quarter.

Kratos Defense & Security Solutions (KTOS) Receiving Somewhat Positive Media Coverage, Report Shows
Goldman Sachs Gp Incorporated accumulated 0% or 60,363 shares. 56,465 were reported by Savings Bank Of America De. (NASDAQ:KTOS). It is positive, as 53 investors sold PFE shares while 700 reduced holdings. 137 funds opened positions while 460 raised stakes.

Barcelona midfielder, Arda Turan joins Istanbul Basaksehir on loan
Turan left Atletico Madrid for the Nou Camp in 2015 and went on to win six domestic trophies during his time in Catalonia. But Turan, 30, has opted to return to his homeland to seek more regular first team football.

Kodak share price doubles after announcing new blockchain initiatives
Separately, TheStreet lowered shares of Eastman Kodak from a "c-" rating to a "d" rating in a report on Wednesday, November 29th. Moreover, Fmr Ltd Limited Liability Company has 0% invested in Eastman Kodak Company (NYSE: KODK ) for 877,562 shares.

Besiktas, Galatasaray keen on Manchester United forward Zlatan Ibrahimovic?
As always, feel free to post your own Man United and/or Stoke prediction , as well as your forecast for the final score. Mourinho and co are looking to land Arsenal forward Alexis Sanchez this month and are set to bid £35m for the Chilean.