Teekay LNG Partners L.P. (NYSE:TGP) was down 4.1% on Thursday . The company traded as low as $10.26 and last traded at $10.27, with a volume of 307,640 shares trading hands. The stock had previously closed at $10.71.

Separately, Zacks Investment Research upgraded shares of Teekay LNG Partners L.P. from a “hold” rating to a “buy” rating and set a $16.00 target price for the company in a research note on Wednesday, June 8th. Four analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $16.75.

The company has a market capitalization of $810.03 million and a PE ratio of 9.63. The company has a 50 day moving average of $11.24 and a 200-day moving average of $12.03.

Teekay LNG Partners L.P. (NYSE:TGP) last issued its quarterly earnings data on Thursday, May 19th. The company reported $0.43 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.51 by $0.08. Equities research analysts anticipate that Teekay LNG Partners L.P. will post $1.72 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, August 12th. Shareholders of record on Friday, July 29th will be paid a $0.14 dividend. The ex-dividend date is Wednesday, July 27th. This represents a $0.56 annualized dividend and a yield of 5.50%.

A number of large investors have recently made changes to their positions in the stock. First Trust Advisors LP increased 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. Morgan Stanley increased its stake in shares of 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. Thornburg Investment Management Inc. purchased a new stake in shares of Teekay LNG Partners L.P. during the fourth quarter valued at $3,124,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased 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. Finally, PNC Financial Services Group Inc. increased its stake in shares of Teekay LNG Partners L.P. by 23.9% in the fourth quarter. PNC Financial Services Group Inc. now owns 153,200 shares of the company’s stock valued at $2,014,000 after buying an additional 29,550 shares during the period.

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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