Teekay Co. (NYSE:TK) Shares Sold by Strs Ohio

Strs Ohio trimmed its position in Teekay Co. (NYSE:TK) by 13.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 85,000 shares of the shipping company’s stock after selling 13,300 shares during the period. Strs Ohio owned approximately 0.09% of Teekay worth $607,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. O Shaughnessy Asset Management LLC boosted its stake in Teekay by 52.5% in the third quarter. O Shaughnessy Asset Management LLC now owns 647,618 shares of the shipping company’s stock valued at $3,996,000 after acquiring an additional 223,025 shares in the last quarter. Los Angeles Capital Management LLC lifted its stake in shares of Teekay by 191.0% during the third quarter. Los Angeles Capital Management LLC now owns 271,110 shares of the shipping company’s stock worth $1,673,000 after buying an additional 177,930 shares during the period. GSA Capital Partners LLP acquired a new stake in shares of Teekay during the third quarter worth $1,959,000. Acadian Asset Management LLC lifted its stake in shares of Teekay by 54.2% during the third quarter. Acadian Asset Management LLC now owns 1,187,635 shares of the shipping company’s stock worth $7,324,000 after buying an additional 417,229 shares during the period. Finally, Exchange Traded Concepts LLC acquired a new stake in shares of Teekay during the fourth quarter worth $406,000. 46.73% of the stock is currently owned by institutional investors and hedge funds.

Teekay Trading Up 2.0 %

NYSE:TK opened at $7.50 on Friday. Teekay Co. has a 12 month low of $5.01 and a 12 month high of $9.27. The firm has a fifty day simple moving average of $7.39 and a 200-day simple moving average of $7.42. The company has a current ratio of 5.33, a quick ratio of 5.03 and a debt-to-equity ratio of 0.07. The company has a market capitalization of $681.67 million, a P/E ratio of 4.90 and a beta of 0.63.

Teekay (NYSE:TK) last posted its quarterly earnings data on Thursday, February 22nd. The shipping company reported $0.34 EPS for the quarter. Teekay had a net margin of 10.28% and a return on equity of 9.07%. The business had revenue of $339.19 million during the quarter.

Teekay Profile

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.