<div id="readability-page-1"><p>Teck Resources Ltd (NYSE:TECK - Get Free Report) <span>TSE: TECK<span></span></span> reached a new 52-week high during trading on Tuesday . The stock traded as high as $46.49 and last traded at $46.6350, with a volume of 897626 shares trading hands. The stock had previously closed at $45.17.</p><div><p><span></span><span>Get <strong>Teck Resources</strong> alerts:</span></p></div><h2>Analyst Ratings Changes</h2><ul><li>Teck Resources: America’s Ally in Rare Earth Elements</li></ul><p>A number of analysts have recently issued reports on TECK shares. Raymond James Financial  reiterated an &#34;outperform&#34; rating on shares of Teck Resources in a report on Friday, October 10th. JPMorgan Chase &amp; Co. boosted their price target on shares of Teck Resources from $43.00 to $51.00 and gave the stock a &#34;neutral&#34; rating in a research report on Friday, December 5th. Deutsche Bank Aktiengesellschaft  restated a &#34;buy&#34; rating and set a $46.00 price objective on shares of Teck Resources in a research note on Wednesday, November 26th. Veritas downgraded Teck Resources from a &#34;hold&#34; rating to a &#34;strong sell&#34; rating in a research report on Tuesday, October 14th. Finally, Canaccord Genuity Group lowered Teck Resources from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a report on Wednesday, October 8th. One analyst  has rated the stock with a Strong Buy rating, eight have given a Buy rating, thirteen have assigned  a Hold rating and one  has issued  a Sell rating to the company. Based on data from MarketBeat, the stock  has a consensus rating of &#34;Hold&#34; and a consensus price target of $55.71.</p><p><b>View Our Latest Analysis on Teck Resources</b></p><h2>Teck Resources Trading Up 3.7%</h2><ul><li>MarketBeat Week in Review – 4/17 - 4/21</li></ul><p>The business has a 50 day moving average of $42.80 and a two-hundred day moving average of $39.38. The firm has a market cap of $22.51 billion, a P/E ratio of 26.34, a PEG ratio of 0.64 and a beta of 0.83. The company has a current ratio of 2.78, a quick ratio of 2.08 and a debt-to-equity ratio of 0.15. </p><p>Teck Resources (NYSE:TECK - Get Free Report) <span>TSE: TECK<span></span></span> last released its quarterly earnings data on Wednesday, October 22nd. The basic materials company reported $0.55 EPS for the quarter, topping analysts' consensus estimates of $0.39 by $0.16. The firm had revenue of $2.43 billion during the quarter, compared to analysts' expectations of $2.93 billion. Teck Resources had a net margin of 11.93% and a return on equity of 4.14%. The company's revenue for the quarter was up 18.4% compared to the same quarter last year. During the same period in the previous year, the business posted $0.60 earnings per share.  Analysts predict that  Teck Resources Ltd will post 1.53 earnings per share for the current year. </p><h2>Teck Resources Increases Dividend</h2><ul><li>High Teck: Teck Resources Hits 12-Year High on Deal Drama</li></ul><p>The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th will be paid a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.1%. This is an increase from Teck Resources's previous quarterly dividend of $0.09. The ex-dividend date is Monday, December 15th. Teck Resources's dividend payout ratio  is 20.22%. </p><h2>Institutional Inflows and Outflows</h2><p>A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Raymond James Financial Inc. lifted its holdings in shares of  Teck Resources by 6.6% during the first quarter. Raymond James Financial Inc. now owns 377,109 shares of the basic materials company's stock worth $13,738,000 after buying an additional 23,204 shares in the last quarter.  Northern Trust Corp grew its holdings in shares of  Teck Resources by 1.7% during the 1st quarter. Northern Trust Corp now owns 397,940 shares of the basic materials company's stock valued at $14,497,000 after purchasing an additional 6,570 shares during the last quarter.  Wellington Management Group LLP increased its position in  Teck Resources by 1,611.2% during the 1st quarter. Wellington Management Group LLP now owns 751,146 shares of the basic materials company's stock worth $27,358,000 after purchasing an additional 707,249 shares in the last quarter.  Credit Agricole S A lifted its stake in  Teck Resources by 130.2% in the 1st quarter. Credit Agricole S A now owns 31,748 shares of the basic materials company's stock valued at $1,157,000 after purchasing an additional 17,957 shares during the last quarter.  Finally, Smartleaf Asset Management LLC boosted its position in  Teck Resources by 69.2% in the first quarter. Smartleaf Asset Management LLC now owns 856 shares of the basic materials company's stock valued at $32,000 after buying an additional 350 shares in the last quarter. 78.06% of the stock is owned by institutional investors and hedge funds. </p><h2>About Teck Resources</h2> (Get Free Report)<p>Teck Resources Ltd. is a diversified natural resource company headquartered in Canada that explores for, develops and produces a portfolio of metallic and energy commodities. Its core businesses center on copper, steelmaking (metallurgical) coal and zinc, with related smelting and refining activities. Teck supplies raw materials and intermediate products to global steelmakers, metals markets and industrial customers, and operates integrated mining and processing facilities as well as earlier-stage exploration and development projects.  </p><p>The company's operations and projects are located across multiple geographies, with a significant presence in western Canada and North America and additional exploration and development activities in Latin America.</p><h2>See Also</h2><ul><li>Five stocks we like better than Teck Resources</li><li>Do not delete, read immediately</li><li>INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off</li><li>Elon Warns “America Is Broke”. Trump’s Plan Inside.</li><li>Can Any Expenses Be Deducted From Capital Gains Tax?</li><li>Buffett, Gates and Bezos Quietly Dumping Stocks—Here's Why</li></ul><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 Teck Resources Right Now?</h2><p>Before you consider Teck Resources, 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 Teck Resources wasn't on the list.</p><p>While Teck Resources currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

TECK

<p>Teck Resources (NYSE:TECK) reached a new 52-week high, trading at $46.6350. Analysts have mixed ratings, with a consensus "Hold" and a price target of $55.71. The company reported a quarterly EPS of $0.55, beating estimates, and increased its dividend to $0.125 per share. Institutional investors have adjusted their stakes, with 78.06% ownership. The stock's rise is attributed to positive financial performance and analyst ratings.</p>

Teck Resources (NYSE:TECK) Sets New 1-Year High - Here's Why