<div id="readability-page-1"><p>ProShare Advisors LLC acquired a new stake in shares of  Teekay Tankers Ltd. (NYSE:TNK - Free Report) during the second quarter, according to its most recent disclosure with the Securities &amp; Exchange Commission. The fund acquired 4,927 shares of the shipping company's stock, valued at approximately $206,000.</p><ul><li>Ride the Waves of Wealth With This Oil Tanker 17% Yield</li></ul><p>Other large investors have also recently added to or reduced their stakes in the company. Deutsche Bank AG acquired a new position in shares of  Teekay Tankers in the first quarter worth $711,000.  Strs Ohio acquired a new stake in  Teekay Tankers during the first quarter valued at $612,000.  Y Intercept Hong Kong Ltd grew its stake in  Teekay Tankers by 89.7% in the second quarter. Y Intercept Hong Kong Ltd now owns 24,693 shares of the shipping company's stock valued at $1,030,000 after purchasing an additional 11,675 shares in the last quarter.  EP Wealth Advisors LLC acquired a new position in  Teekay Tankers in the 1st quarter worth about $227,000.  Finally, CWM LLC raised its stake in shares of  Teekay Tankers by 124.2% during the 2nd quarter. CWM LLC now owns 7,803 shares of the shipping company's stock worth $326,000 after purchasing an additional 4,323 shares in the last quarter. Institutional investors and hedge funds own  52.67% of the company's stock. </p><div><p><span></span><span>Get <strong>Teekay Tankers</strong> alerts:</span></p></div><h2>Teekay Tankers Stock Down 2.0%</h2><p>Shares of Teekay Tankers stock opened at $61.03 on Tuesday. Teekay Tankers Ltd. has a 12-month low of $33.35 and a 12-month high of $63.71. The stock has a 50 day moving average price of $56.14 and a two-hundred day moving average price of $49.37. The stock has a market capitalization of $2.11 billion, a P/E ratio of 6.78 and a beta of -0.11. </p><p>Teekay Tankers (NYSE:TNK - Get Free Report) last released its quarterly earnings results on Wednesday, October 29th. The shipping company reported $1.54 EPS for the quarter, beating analysts' consensus estimates of $1.50 by $0.04. The company had revenue of $115.21 million for the quarter, compared to analyst estimates of $133.65 million. Teekay Tankers had a net margin of 32.87% and a return on equity of 10.81%. The company's quarterly revenue was down 16.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.23 earnings per share.  Sell-side analysts anticipate that  Teekay Tankers Ltd. will post 7.13 earnings per share for the current year. </p><h2>Teekay Tankers Announces Dividend</h2><p>The company also recently declared a quarterly dividend, which was paid on Friday, November 21st. Shareholders of record on Monday, November 10th were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Monday, November 10th. Teekay Tankers's dividend payout ratio  is 11.11%. </p><h2>Analyst Ratings Changes</h2><p>Several equities research analysts recently commented on the company. Jefferies Financial Group boosted their price target on Teekay Tankers from $66.00 to $70.00 and gave the company a &#34;buy&#34; rating in a research note on Thursday, October 30th. Zacks Research upgraded shares of Teekay Tankers from a &#34;strong sell&#34; rating to a &#34;hold&#34; rating in a research note on Monday, September 8th. Clarkson Capital upgraded shares of Teekay Tankers to a &#34;strong-buy&#34; rating in a research note on Wednesday, October 8th. Weiss Ratings raised shares of Teekay Tankers from a &#34;hold (c+)&#34; rating to a &#34;buy (b-)&#34; rating in a research report on Wednesday, November 19th. Finally, Evercore ISI raised their price target on shares of Teekay Tankers from $53.00 to $60.00 and gave the company an &#34;outperform&#34; rating in a report on Tuesday, October 28th. One research analyst  has rated the stock with a Strong Buy rating, three have assigned  a Buy rating and one  has issued  a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of &#34;Buy&#34; and a consensus price target of $65.00.</p><p><b>View Our Latest Analysis on Teekay Tankers</b></p><h2>About Teekay Tankers</h2> (Free Report)<p>Teekay Tankers Ltd. provides crude oil and other marine transportation services to oil industries in Bermuda and internationally. The company offers voyage and time charter services; offshore ship-to-ship transfer services of commodities primarily crude oil and refined oil products; and tanker commercial and technical management services.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Teekay Tankers</li><li>Health Care Stocks Explained: Why You Might Want to Invest</li><li>D-Wave: Time to Buy the Dip? Or is the Fall Just Starting?</li><li>Industrial Products Stocks Investing </li><li>Hims, Block, and NRG Just Launched Huge Stock Buybacks </li><li>Election Stocks: How Elections Affect the Stock Market</li><li>Retail Earnings Roundup: Walmart Scores, Target Slumps in Q3</li></ul><p><strong>Want to see what other hedge funds are holding TNK?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Teekay Tankers Ltd. (NYSE:TNK - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVROSw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVROSw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Teekay Tankers Right Now?</h2><p>Before you consider Teekay Tankers, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Teekay Tankers wasn't on the list.</p><p>While Teekay Tankers currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>ProShare Advisors LLC acquired 4,927 shares of Teekay Tankers Ltd. (NYSE:TNK) during the second quarter, valued at approximately $206,000. Other large investors also increased their stakes in the company. Teekay Tankers' stock opened at $61.03, with a 12-month range of $33.35 to $63.71. The company reported $1.54 EPS for the last quarter, beating estimates. Analysts have given the stock a consensus rating of 'Buy' with a price target of $65.00.</p>

4,927 Shares in Teekay Tankers Ltd. $TNK Acquired by ProShare Advisors LLC