Teekay Offshore Partners LP (TOO) Given Average Rating of "Hold" by Brokerages

Tuesday, 17 Apr, 2018

Hite Hedge Asset Management Llc sold 674,727 shares as the company's stock rose 1.75% while stock markets declined. The Frontier Investment Mgmt Company holds 392,523 shares with $15.72 million value, up from 376,256 last quarter. KNOT Offshore Partners has a 1-year low of $19.15 and a 1-year high of $24.42. The stock increased 0.42% or $0.01 during the last trading session, reaching $2.61. About 417,218 shares traded.

KNOT Offshore Partners (NYSE:KNOP) declared a quarterly dividend on Monday, April 16th, Zacks reports. It has underperformed by 63.11% the S&P500.

Schwartz Investment Counsel Inc decreased its stake in Pnc Finl Svcs Group Inc (PNC) by 6.71% based on its latest 2017Q4 regulatory filing with the SEC. Rockland Trust Co bought 6,209 shares as the company's stock declined 24.65% with the market. Advisory Research Inc. now owns 18,539,198 shares of the company's stock valued at $93,809,000 after buying an additional 727,931 shares during the last quarter. The company has market cap of $676.69 million. The stock increased 1.24% or $0.555 during the last trading session, reaching $45.355. Another trade for 8,014 shares valued at $2.00 million was sold by Shin Hak Cheol. Comcast Corporation (NASDAQ:CMCSA) has declined 11.10% since April 16, 2017 and is downtrending. It has underperformed by 65.90% the S&P500.

Investors sentiment decreased to 0.79 in Q4 2017. Its up 0.05, from 0.84 in 2017Q3. It dived, as 42 investors sold ABBV shares while 695 reduced holdings. 15 funds opened positions while 12 raised stakes. Edmp stated it has 0.21% of its portfolio in General Mills, Inc. Fcg Advsr Lc holds 4,229 shares or 0.37% of its portfolio. Moreover, Berson Corrado Lc has 0.15% invested in Teekay Offshore Partners L.P. (NYSE:TOO). (NYSE:GIS). Ubs Oconnor Limited Liability Com reported 490,000 shares stake. Atwood & Palmer reported 1,214 shares stake. Meag Munich Ergo Kapitalanlagegesellschaft Mbh owns 27,638 shares. 15,376 were reported by Two Sigma Secs Ltd Llc. Virginia Retirement System Et Al invested 0.47% of its portfolio in AbbVie Inc. Lombard Odier Asset Management (Europe) reported 0.13% in Comcast Corporation (NASDAQ:CMCSA). (NYSE:ABBV) or 75,700 shares. (NYSE:GIS). California-based Grassi Inv Mgmt has invested 0.54% in General Mills, Inc. Penobscot Invest Mngmt Communications owns 2.26% invested in 3M Company (NYSE:MMM) for 34,764 shares.

Since October 19, 2017, it had 0 insider buys, and 5 sales for $11.83 million activity. 3M had 83 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has "Buy" rating by given on Monday, October 10. Therefore 29% are positive. General Mills Inc. had 84 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets on Monday, July 10 with "Hold". The rating was maintained by Stifel Nicolaus with "Buy" on Wednesday, October 14. The firm has "Sell" rating given on Wednesday, April 6 by Societe Generale. On Wednesday, November 1 the stock rating was maintained by BMO Capital Markets with "Hold".

Separately, Zacks Investment Research cut Teekay Offshore Partners L.P. from a "hold" rating to a "sell" rating in a research report on Thursday, January 5th. The rating was reinitiated by Goldman Sachs with "Neutral" on Tuesday, December 1. The stock of AbbVie Inc. (NYSE:ABBV) has "Equal-Weight" rating given on Tuesday, January 30 by Morgan Stanley. The firm has "Hold" rating by Stifel Nicolaus given on Tuesday, April 3. It also reduced Vanguard Intermediate (VCIT) stake by 4,604 shares and now owns 7,793 shares. Sei Invests has 1.77 million shares for 0.25% of their portfolio. It also increased its holding in Antero Midstream Partners Lp (NYSE:AM) by 579,566 shares in the quarter, for a total of 628,278 shares, and has risen its stake in Rice Midstream Partners Lp. Four analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. Therefore 56% are positive. The rating was upgraded by Wells Fargo to "Outperform" on Thursday, September 14. As per Thursday, December 17, the company rating was downgraded by Bank of America. The rating was downgraded by Seaport Global Securities on Thursday, December 17 to "Neutral".

KNOT Offshore Partners (NYSE:KNOP) last released its quarterly earnings results on Tuesday, February 20th. The rating was upgraded by Citigroup on Wednesday, July 26 to "Buy". The firm has "Equal-Weight" rating by Morgan Stanley given on Monday, February 12. It has a 9.16 P/E ratio. The average twelve-month target price among brokerages that have updated their coverage on the stock in the a year ago is $3.25.