Teekay Corporation (NYSE:TK) recovered 32.19% of its value since hitting low of $2.92. The recent move of -3.02% drop pushed the stock to close at $3.86 when trading ended on 01/10/2019. At recent session, the prices were hovering between $3.73 and $3.92. This company shares are 59.84% off its target price of $6.17 and the current market capitalization stands at $360.52M. The recent change has given its price a -19.67% deficit over SMA 50 and -64.59% deficit over its 52-week high. The stock witnessed -1.03% declines, -43.65% declines and -48.6% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found TK’s volatility during a week at 5.53% and during a month it has been found around 7.91%.Teekay Corporation (TK) Top Holders
Institutional investors currently hold around $95 million or 35% in TK stock. Look at its top three institutional owners. Blackrock Inc. owns $13.26 million in Teekay Corporation, which represents roughly 3.68% of the company’s market cap and approximately 13.96% of the institutional ownership. Similar statistics are true for the second largest owner, Fmr Llc, which owns 2,144,968 shares of the stock are valued at $8.54 million. The third largest holder is Dalton Investments Llc, which currently holds $6.15 million worth of this stock and that ownership represents nearly 1.71% of its market capitalization.Teekay Corporation 13F Filings
At the end of September reporting period, 41 institutional holders increased their position in Teekay Corporation (NYSE:TK) by some 2,424,514 shares, 56 decreased positions by 7,817,512 and 31 held positions by 13,597,230. That puts total institutional holdings at 23,839,256 shares, according to SEC filings. The stock grabbed 10 new institutional investments totaling 858,999 shares while 26 institutional investors sold out their entire positions totaling 426,553 shares.Teekay Corporation (TK) Analyst Guide
Several analysts have released their opinion on Teekay Corporation (NYSE:TK), with 1 analysts believing it is a strong buy. Whereas 3 of them predict the stock is a hold. Also, there are 0 buy, 1 sell and 0 strong sell ratings, collectively assigning a 2.8 average brokerage recommendation.