Its beta value stands at 2.39.
Teekay Tankers (NYSE:TNK) traded down $0.01 during midday trading on Friday, reaching $1.38. It has underperformed by 42.16% the S&P500.
Geode Capital Management Llc decreased Teekay Tankers Ltd (TNK) stake by 41.2% reported in 2017Q3 SEC filing. Berson & Corrado Investment Advisors Llc bought 360,875 shares as the company's stock declined 21.54% while stock markets rallied. During the same quarter in the prior year, the company posted ($0.01) EPS. Five analysts have made estimates for Teekay Tankers' earnings. Teekay Tankers Ltd. (TNK) has declined 45.94% since January 9, 2017 and is downtrending. It has underperformed by 62.64% the S&P500. The corporation has a market cap of US$1.55 Billion. It also reduced its holding in Spdr S&P 500 (SPY) by 1,365 shares in the quarter, leaving it with 5,345 shares, and cut its stake in Sector Spdr Health Fund (XLV).
Investors sentiment decreased to 1.04 in 2017 Q3. Its down 0.24, from 1.2 in 2017Q2. It fall, as 15 investors sold Teekay Tankers Ltd. shares while 30 reduced holdings. 19 funds opened positions while 24 raised stakes.
Susquehanna International Group LLP lifted its stake in Teekay Tankers Ltd. (NYSE:TNK) by 585.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. Teekay Tankers had a negative return on equity of 0.99% and a negative net margin of 11.43%. Guggenheim Capital Ltd Llc holds 1.93 million shares.
Teekay Tankers (NYSE:TNK) last posted its earnings results on Thursday, November 9th. It also upped Minerva Neurosciences Inc (NASDAQ:NERV) stake by 103,102 shares and now owns 269,938 shares. Creative Planning has invested 0% of its portfolio in Teekay Tankers Ltd. (NYSE:TNK). Northern Corp has 0% invested in Teekay Tankers Ltd. (NYSE:TNK) for 3.15 million shares. The return on equity ratio or ROE stands at -178.1 percent while most common profitability ratio return on investment (ROI) was 7.4 percent. Teekay Tankers Ltd now has $370.12 million valuation. Columbia Prtnrs L L C Inv Management holds 0.03% in Teekay Tankers Ltd. (NYSE:TNK) or 140,225 shares. Fukoku Mutual Life Ins owns 463 shares. By analyzing trends in volume in conjunction with price movements, investors can determine the significance of changes in a security's price.
Teekay Tankers Ltd. (TNK) performance during the last one year degraded -43.59 percent, while its year to date (YTD) performance showed a negative trend of -5.71 percent. Meeder Asset Management reported 626 shares.
In terms of Buy/Sell recommendations, 7 analysts have a consensus rating of 2.86 on the shares of Teekay Tankers Ltd (NYSE:TNK). Finally, Bank of America decreased their target price on Teekay Tankers from $1.60 to $1.30 and set an "underperform" rating for the company in a research report on Friday, November 10th. This volatility measure use for multipurpose in judging the underlying price momentum as well as the rate of change in TNK's price. The firm earned "Buy" rating on Wednesday, May 4 by Seaport Global. The rating was initiated by Credit Agricole with "Outperform" on Tuesday, December 8. The firm has "Underperform" rating given on Friday, November 10 by Bank of America. The firm has "Underweight" rating given on Tuesday, January 12 by JP Morgan. The firm earned "Hold" rating on Wednesday, March 2 by Danske Bank. The rating was downgraded by Northcoast on Thursday, May 12 to "Neutral". The rating was upgraded by UBS on Friday, September 4 to "Buy". BTIG Research downgraded the shares of ISRG in report on Friday, April 1 to "Neutral" rating. Bankshares Of Hawaii invested in 1,797 shares. 46,457 Deere & Company (NYSE:DE) shares with value of $5.42M were sold by von Pentz Markwart. 63 funds opened positions while 170 raised stakes. Signaturefd Limited Liability invested in 26,900 shares. Renaissance Technologies Limited Com accumulated 703,610 shares. 213.38 million shares or 1.82% more from 209.56 million shares in 2017Q2 were reported. Price T Rowe Assoc Md stated it has 447,894 shares or 0% of all its holdings. Girard Ptnrs Ltd owns 3,345 shares for 0.09% of their portfolio. (NASDAQ:NUVA). Cap Global Invsts invested in 0.04% or 2.51 million shares. Glenmede Tru Co Na owns 1,000 shares or 0% of their USA portfolio. Redwood Invs Limited holds 161,366 shares or 0.85% of its portfolio. Clearbridge Lc reported 1,003 shares. 9,079 were accumulated by Ameritas Investment Prns. The Michigan-based State Treasurer State Of Michigan has invested 0.01% in NuVasive, Inc.
Fny Managed Accounts Llc, which manages about $76.46 million US Long portfolio, decreased its stake in Exxon Mobil Ord (Call) (NYSE:XOM) by 5,956 shares to 44 shares, valued at $3,000 in 2017Q3, according to the filing. About 1.2 million contracts were traded on 09-Jan-18 compared to daily average volume of 1.68 million shares.
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