Teekay LNG Partners L.P. (NYSE:TGP) was up 5.8% during mid-day trading on Tuesday . The company traded as high as $11.77 and last traded at $11.75, with a volume of 258,847 shares. The stock had previously closed at $11.11.

Separately, Zacks Investment Research upgraded Teekay LNG Partners L.P. from a “strong sell” rating to a “hold” rating in a research report on Thursday, April 21st. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $16.75.

The firm’s 50-day moving average price is $12.16 and its 200 day moving average price is $12.18. The stock has a market capitalization of $923.82 million and a PE ratio of 10.98.

Teekay LNG Partners L.P. (NYSE:TGP) last released its earnings results on Thursday, May 19th. The company reported $0.43 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.51 by $0.08. Equities research analysts forecast that Teekay LNG Partners L.P. will post $1.68 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, August 12th. Stockholders of record on Friday, July 29th will be paid a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 4.82%. The ex-dividend date is Wednesday, July 27th.

Several hedge funds have recently added to or reduced their stakes in the company. Morgan Stanley boosted its stake in Teekay LNG Partners L.P. by 112.9% in the fourth quarter. Morgan Stanley now owns 1,490,911 shares of the company’s stock valued at $19,606,000 after buying an additional 790,641 shares during the period. First Trust Advisors LP boosted its stake in shares of Teekay LNG Partners L.P. by 9.0% in the fourth quarter. First Trust Advisors LP now owns 394,249 shares of the company’s stock valued at $5,184,000 after buying an additional 32,422 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in shares of Teekay LNG Partners L.P. by 36.6% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 346,009 shares of the company’s stock valued at $4,550,000 after buying an additional 92,763 shares during the period. BNP Paribas Arbitrage SA boosted its stake in shares of Teekay LNG Partners L.P. by 257.2% in the fourth quarter. BNP Paribas Arbitrage SA now owns 240,855 shares of the company’s stock valued at $3,167,000 after buying an additional 173,433 shares during the period. Finally, Thornburg Investment Management Inc. bought a new stake in shares of Teekay LNG Partners L.P. during the fourth quarter valued at approximately $3,124,000.

Teekay LNG Partners L.P. (Teekay LNG Partners) is an international provider of marine transportation services for liquefied natural gas (LNG), liquefied petroleum gas (LPG) and crude oil. Teekay LNG Partners operates through two segments: its liquefied gas segment and its conventional tanker segment.

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